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Walmart's Alice Walton is the richest woman in the world — here's how she spends her $47.9 billion fortune

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Alice Walton of Wal-Mart

  • Walmart heiress Alice Walton is the richest woman in the US — and the world. 
  • With an estimated net worth of $47.9 billion, she ranks 13th on the Forbes 400.
  • Alice Walton spends her vast fortune collecting art and breeding horses. 


Alice Walton, the only female heiress to the Walmart fortune, is not only the richest woman in the US.

She's also the richest woman in the world. 

The 68-year-old has a fortune worth $47.9 billion, according to Bloomberg. That's nearly $4 billion more than the second richest woman in the world — French heiress of cosmetics giant L'Oreal, Françoise Bettencourt-Meyers.

Previously the richest woman in the world, Bettencourt-Meyers inherited the family's fortune following the death of her mother, Liliane Bettencourt. Her net worth currently stands at $44.1 billion

The three Walmart heirs — Rob Walton, Jim Walton, and Alice Walton — have a combined wealth of $145.5 billion. That's about $50 billion more than the second richest family in America, the Kochs, according to Bloomberg data.

Despite the Walton's high status, their personal lives remain largely private. Scroll through to find out what we know about how America's richest woman spends her fortune, from collecting expensive art to breeding horses.

SEE ALSO: MEET THE WALTONS: How America's wealthiest family spends its Walmart fortune

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Unlike her brothers, Rob and Jim, Alice has never taken an active role running Walmart and has instead become a patron of the arts. She fell in love with the arts at a young age. When she was 10, she bought her first work of art: a reproduction of a Picasso painting for $2.

Source: The New Yorker



She has an immense private art collection, with original works from legendary American artists, Andy Warhol, Norman Rockwell, and Georgia O'Keefe.

Source: Business Insider



Alice opened a $50 million museum called Crystal Bridges in 2011 to house her $500 million private art collection. When it opened, it had four times the endowment of the famous Whitney Museum in New York.

Source: The New Yorker



See the rest of the story at Business Insider

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