Walmart heiress Alice Walton is one of the richest people in the world and a celebrated philanthropist, whose lifetime giving total recently hit an estimated US$1.5 billion (£1.2 billion). Her largest gift to date, US$390 million in the year to September 2023, included US$249 million for the Alice L Walton School of Medicine in her family’s hometown in Arkansas, US.
Walton’s other major philanthropic activities include founding the Alice L. Walton Foundation, to increase access to the arts, improve education, enhance health and advance economic opportunities. She also established the Art Bridges Foundation to expand access to American art across the nation. So it seems unsurprising that Forbes magazine ranks Walton as one of the 30 biggest lifetime givers in the US.
Her philanthropic efforts have also been recognised with accolades and awards: from being named one of the world’s most influential people by Time magazine, to receiving the Smithsonian Institution’s Archives of American Art Medal and the Getty Medal for contributions to the arts and humanities.
