Alice Walton, 76, the youngest child of Walmart founder Sam Walton, added roughly $33 billion to her fortune between March 2025 and March 2026, pushing her net worth to about $120 billion. She built that wealth almost entirely from inherited Walmart stock rather than from running a company, holding around 20 million Walmart shares directly, worth about $2.2 billion, while co managing Walton Enterprises, the family holding company that controls roughly 3 billion additional Walmart shares.
Walton graduated from Trinity University in 1971 and later founded the investment bank Llama Co. in 1988, which closed after the 1998 bond market crash. In recent years her focus has shifted toward philanthropy centered on healthcare access, particularly in rural communities.
In 2021 she founded the Alice L. Walton School of Medicine in Bentonville, Arkansas, donating $250 million to get it off the ground. The tuition free school opened in 2025 with its first class of 48 students, and a second cohort joined this fall, bringing total enrollment to 96. The school partners with the Mercy health system and the Cleveland Clinic.
Walton's foundation is also committing $350 million toward a 250 bed hospital and cancer center in the region. Ground broke on the broader health campus on September 17, and a specialty care center tied to the project is expected to open in 2029.