How America’s Richest Man Got Rich

Published on 01/17/2015
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Alice Walton

Alice Walton is the daughter of Sam Walton and is currently the third richest woman in the world with $39 billion. She started her career in finance working as an equity analyst and a money manager. She was later a vice chairperson at Arvest Bank. There, she was the head of all investment activities. She has worked in community development organizations and was a driving force in the development of the Northwest Arkansas Regional Airport. Alice Walton has founded Crystal Bridges, which is a wooded area near her childhood home. This is where the Walmart heiress displays dozens of the many paintings that she has in her personal collection. It’s interesting to note than in Sam Walton’s biography, which was released in 1992, he stated that Alice was the most like him and even called her a maverick. Alice Walton currently resides in Fort Worth, Texas.

Alice Walton

Alice Walton

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S. Robson Walton

The oldest son of Sam Walton, Rob is often considered the family face of the Walmart company. He is currently chairman of Walmart. The famous retailer was started in 1962 in Arkansas and has grown to approximately 11,000 stores; it is currently the world’s largest retailer. In 2013, Rob Walton weathered trouble at Walmart’s shareholder meeting. It was reported that more than 25 percent of the shareholders who weren’t part of the Walton family voted against him remaining as chairman of the company’s board of directors. Rob Walton’s wealth is primarily a combination of Walmart shares, part ownership in Arvest Bank, and investments from a firm called Madrone Capital Partners. Some of these investments include approximately $1 billion in Hyatt Hotels. Rob Walton isn’t all business, though. In 2012, he was on a racetrack driving his Shelby Daytona Cobra Coupe. This vehicle is reportedly worth $15 million and is only one of five made in the world.

 S.Robson Walton

S.Robson Walton

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