ART, ADVENTURES AND THE TALE OF ALICE WALTON’S FORTUNE

ALICE WALTON

Once upon a time in the Walmart kingdom, there was a princess named Alice Walton. Yes, the only daughter of the retail giant’s founder, Sam Walton. Alice’s story isn’t your average tale of Walmart riches. Hold on to your shopping cart lovelies!

While her siblings, Rob and Jim, were busy navigating the aisles of Walmart, Alice took a detour down the art aisle. Instead of dealing with the retail hustle, she decided to curate a collection that would make even the most seasoned art critics gasp.

In 2011, Alice unveiled her masterpiece – the Crystal Bridges Museum of American Art in Bentonville, Arkansas. This isn’t your run-of-the-mill museum; we’re talking Warhol, Rockwell, and Rothko vibes. It’s the kind of place where art dreams come true.

Now, you’re probably wondering about those dollar signs. Alice Walton’s net worth is a whopping $58.6 billion! That makes her the 16th richest person globally and the second richest woman on the planet.

Alice’s journey wasn’t just a stroll through Walmart’s aisles. After a brief stint at Walmart buying children’s clothes, she decided to spice things up. How? Well, she founded the Llama Company in 1988. No, it’s not a store with llamas; it’s a securities firm.

Life threw some surprises at Alice. There was a car crash in Mexico, and she even faced a legal tango for driving under the influence incident. But guess what? Alice danced through it all, continuing her love affair with art and adding to her billions.

The Crystal Bridges Museum wasn’t just a stroke of artistic genius; it was a

game-changer for Arkansas. Critics scoffed, but Alice had the last laugh. The museum, with its priceless artworks, became a cultural gem. And guess what? Admission is free, thanks to a cool $20 million from the Walmart Foundation.

After conquering the art world, Alice decided to trade her rancher hat for a ten-gallon one. She put her Texas ranches on the market, but not before making her mark on the art scene. Oh, did we mention she moved to Fort Worth?

Alice didn’t just collect art; she collected honors too. The Arkansas Women’s Hall of Fame, the Arkansas Aviation Hall of Fame – she’s got them all. And let’s not forget the Getty Medal for her artsy patronage.

In 2021, she stepped down as the queen of Crystal Bridges but stayed on the board. Then, in 2022, a new chapter unfolded – the Alice L. Walton Foundation joined forces with the Washington Regional Medical System for a health system that’d make even Walmart’s reach seem small.

And so ends, the whimsical tale of Alice Walton, who turned Bentonville into a cultural wonderland. And they all lived fabulously ever after!

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