Published on March 8th, 20180
Meet Alice Walton, The Richest Woman In The World!
Did you know: Alice Walton is the wealthiest female billionaire by net worth in the world?
An all-time high of 256 women made the 2018 Forbes World’s Billionaires rankings; their collective net worth topped $1 trillion, up 20% since last year, outpacing the total gains overall.
Though most of the women at the top of the list inherited their fortunes, more than a quarter of the female moguls were self-starters who blazed their own trails. The number of self-made women reached 72.
Alice Walton reclaims the crown as the richest woman in the world, as her fortune leapt from $33.8 billion to $46 billion over the past year.
Alice Louise Walton is an American heiress to the fortune of Wal-Mart Stores, Inc. She is the daughter of Wal-Mart founder Sam Walton and Helen Walton, and sister of S. Robson Walton, Jim Walton and the late John T. Walton.
Alice moves up one spot to number 16, thanks largely to a 43% uptick in the value of Walmart’s shares. The massive retailer has been making an aggressive push into e-commerce in a head-to-head contest against Amazon, and recently announced a new line of kitchen products in partnership with Buzzfeed’s online food network, Tasty. The Bentonville, Arkansas, firm also plans to roll out meal kits to 2,000 stores in 2018 and is creating four new private label brands for clothing.
Walton takes the title of richest woman from L’Oreal heiress Liliane Bettencourt, who died in September 2017 at the age of 94.
Before Alice Walton became the richest woman in the world as a Walmart heiress with a $46 billion net worth, she was a business administration student at Trinity University.