Alice Walton Success Story

Alice Walton Success Story

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Billionaires Veterans' Day, 2011, Mousumi Saha Kumar Alice Walton, daughter of Wal-Mart founder Sam Walton, was born in 1949 on October 7 in Newport, Arkansas. She completed her graduation in Economics and Finance from Trinity University in San Antonio, Texas. Alice Walton started her career as

Money manager and equity analyst for First Commerce Corporation and after few times, she moved her family’s Arvest Bank Group where she became Vice-Chairman and therefore the head of all investment-related activities. She founded an investment bank dealing in land finance and sales, public and structured finance, finance, and trading in 1988 named Llama Company and headed it as Chairman, CEO, and president. She also worked as a broker for E.F. Hutton. She contributed to the event of the Northwest Arkansas Council as its first chairperson.

In 2004, she contributed within the U.S. presidential election with an estimated $2.6 million to the right-wing progress for the American group. She serves on the Board of Advisors for the University of Arkansas Graduate graduate school at Fayetteville and on the board of director of the University of Arkansas for Medical Sciences at Little Rock. She created camp Camp War Eagle in 1996 in Northwest Arkansas to compile children from various social, economical, and cultural backgrounds.

In 1989, during a car accident, she killed a 50-year-old pedestrian but no charge was filed against her. In 1996, she was caught with drunk driving and charged $925.

According to Forbes Magazine 2011, she is that the world’s 16th richest woman whose net worth is $21.2 billion.