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How Walmart heiress Alice Walton, the world's richest woman, spends her $135 billion fortune

77-year-old Walmart heiress Alice Walton has spent her fortune amassing an art collection and committing billions to charitable causes.

Alice Walton, the world's wealthiest woman with a net worth of about $135 billion, spends her fortune on various pursuits. Born as the daughter of Walmart founder Sam Walton, she has largely distanced herself from the company's operations and instead focuses on her personal interests.

Walton has an extensive collection of artwork, including original pieces by renowned American artists. This passion led her to open the Crystal Bridges Museum of American Art in Bentonville, Arkansas, in 2011, which showcases her private collection. The museum's expansion in 2024 increased its footprint by 50%.

In addition to her art collection, Walton has made significant philanthropic contributions. She has donated over $6 billion to five family charitable foundations, with an estimated $2 billion of her funds distributed through 2024. Her Alice L. Walton Foundation supports causes such as arts, education, and health.

Walton's political donations have also been notable. Traditionally supporting Republican candidates and PACs, she has given to both Republican and Democratic candidates and causes in recent years. She has even purchased a $25 million condo in New York City's Park Avenue, showcasing her wealth and diverse interests.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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