The only daughter of Sam and Helen Walton, Alice Walton grew up in Bentonville, Arkansas, while her father was building the variety-store business that became Walmart. She attended local schools and later studied at Trinity University in San Antonio, Texas, earning a degree in economics. Early in her career she worked for Walmart as a buyer, then moved into finance and investment. She later founded Llama Company, an investment bank in Fayetteville, Arkansas, and served as its president and chief executive.
Walton's most prominent public achievement is Crystal Bridges Museum of American Art in Bentonville. She conceived and financed the museum, designed by Moshe Safdie, which opened in 2011 and presents American art from the colonial period to the present. Her purchases for the collection included Asher B. Durand's Kindred Spirits, acquired in 2005 from the New York Public Library; the sale drew criticism from people who argued the painting should remain in New York. The museum became a cultural anchor for Northwest Arkansas.
Through the Alice L. Walton Foundation and Art Bridges, founded in 2017, she has supported exhibitions, long-term loans of art to museums around the country, and programs in health and education. She has also funded planning and development for the Alice L. Walton School of Medicine in Bentonville. A 1989 traffic accident in Arkansas in which a pedestrian was killed brought attention to Walton; no criminal charges were filed. She remains a major Walmart shareholder and one of the wealthiest women in the United States, directing much of her wealth toward philanthropy and art.
Alice Walton was born on October 7, 1949 in Newport, Arkansas, United States. In Cardology (Destiny Cards), October 7, 1949 corresponds to the Two of Diamonds, making the Two of Diamonds her Birth Card.
In numerology, the name adds another layer to the birth-date profile. The letters of a person’s name are used to explore inner motivation, personality, expression, and the qualities they bring into relationships and everyday life. Explore how her original name Alice Louise Walton influences her life and personality.
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