ALICE LOUISE WALTON

Alice Louise Walton

Table of Contents

Introduction3

Discussion3

Company3

Family5

Art Collection6

Conclusion6

Alice Louise Walton

Introduction

Today the top money woman in America is Alice Louise Walton. Alice Louise Walton was born October 7, 1949 is an heiress to the Wal - Mart fortune; she is the daughter of Wal - Mart founder Sam Walton and Helen Walton and sister of S. Robson Walton, John T. Walton and Jim Walton. She and her mother each have an estimated net worth of about $18 billion and are the richest women in the world.

She is a graduate of Trinity University and lives in Mineral Wells, Texas on The Rocking W Ranch. She was the 20 th largest individual contributor to 527 committees in the U.S. presidential election, 2004, donating 2.6 million dollars (US) to the right wing Progress for America group. During the 2004 election cycle, Progress for America ran ads supporting the war in Iraq and praising George W. Bush to prevent "another 9 / 11." In 1989, Walton hit fifty, women pedestrians in a car accident in Springdale, Arkansas. The woman died later of their wounds, without charges or citations were issued to Walton. In 1996, Walton was cited for driving while intoxicated and fined U.S. $ 925.

Discussion

Alice Louise Walton, Sam Walton's daughter famous billionaire, founder of the network of supermarkets (corporation Wal - Mart), who bequeathed his "trading empire", dividing it between the children and wife. In contrast to other family members, Alice Louise Walton does not take part in the affairs of a large corporation, living in Texas and engaged in horse breeding, as well as his second hobby - buying and collecting paintings by American artists. The art is of considerable interest for it, in 2009 in his hometown of Alice Louise Walton opened the museum, which collects the work of world famous artists and craftsmen.

Despite the fact that Alice Louise Walton, as mentioned above, is not that important parent in managing the family business, the global trade network of Wal - Mart, she takes an active part in political life. Thus, with its participation and its direct support was some election campaigns including, in 2004, when selecting the president of the United States of America (Niesing, 2011).

Company

Wal - Mart Stores operates retail stores in a range of formats. Company's operations comprise three business segments: Wal - Mart United States, which operates retail stores in different formats in the U.S. under the Wal - Mart or Wal - Mart brand, as well as Wal - Mart's online retail operations, Wal-Mart.com; International, which consists of retail operations in 14 countries, and comprises of retail stores and restaurants including discount stores, supercenters and Sam's Clubs; and Sam's Club, which consists of membership warehouse clubs in the United States and the segment's online retail operations, samsclub.com. As of Jan 31 2011, company had a total of 4,413 domestic stores and 4,557 international stores.

In the ranking of Forbes Alice Louise Walton took 12 th place, ahead of even her brother - Samuel Robson Walton, who is chairman ...