Heiress to the fortune of Wal-Mart Stores, Alice Louse Walton (born October 7, 1949) is the world's third richest woman as of 2014. As of 2014, her net worth is $34 billion which places the American heiress on 13th place at the world's richest poll.
Daughter of Sam Walton and Helen Walton, Alice was born in Newport, Arkansas. She completed her B.A. in economics and finance from Trinity University in San Antonio. After her graduation, she began her career as an equity analyst for the First Commerce Corporation. She was also the vice chairperson at the Arvest Bank Group. Alice Walton established an investment bank called Llama Company in 1998 and served as the Chairperson, President and CEO of the company.