Billionaire Alice Walton, the youngest daughter of Walmart founder Sam Walton, saw her net worth rise by $33 billion between March 2025 and March 2026, according to data from Forbes cited by Fortune. At 76 years old, Walton has not been involved in managing Walmart in recent years and does not sit on the company’s board. However, as a member of the Walton family, one of Walmart’s largest shareholders, her wealth is closely tied to the company’s stock performance. Walmart’s shares increased by over 10 percent during that time, contributing to her significant net worth growth.
In recent years, Walton has shifted her focus from retail to medicine and philanthropy. In 2021, she founded the Alice L. Walton School of Medicine in Bentonville, Arkansas, her hometown and the location of Walmart’s headquarters. She donated $250 million to establish the school, which launched its first class of 48 students in 2025. The school is offering free tuition for its first five graduating classes, though students still cover living expenses and other fees. The school has now expanded to 96 students, adding a second cohort this fall, and the first class is expected to graduate in 2029.
Walton is also involved in broader healthcare initiatives in Bentonville. She has committed $350 million to a planned health campus being developed in partnership with Mercy and Cleveland Clinic. The project is expected to include a 250-bed hospital and a cancer center, with a specialty cardiac care center set to open in 2029. These efforts are part of her larger goal to improve healthcare access and quality in the region and beyond.
Beyond healthcare, Walton has also made significant contributions to the arts. She played a key role in establishing the Crystal Bridges Museum of American Art in Bentonville, which opened in 2011 and features a collection of American art. In a recent interview with PBS NewsHour, she criticized the current healthcare system, noting that doctors are not incentivized to spend time educating patients about nutrition and exercise. She argued that these topics are not emphasized in medical training because they are not financially rewarded within the existing payment system.
Walmart Heiress Alice Walton Expands Medical Education and Health Care Initiatives Amid Wealth Growth
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