Alice Walton regains title as richest woman with $89.1B net worth
- As of September 4, Alice Walton's net worth is estimated at $89.1 billion, making her the richest woman in the world.
- She has surpassed Francoise Bettencourt Meyers, whose net worth is now $88.4 billion.
- Walton's wealth is primarily from her family's stake in Walmart, and she has donated over $5 billion to charitable causes.
Alice Walton has regained her position as the world's richest woman as of September 4, with a net worth of $89.1 billion, surpassing Francoise Bettencourt Meyers, who is now valued at $88.4 billion. This shift in wealth rankings has occurred after a series of exchanges between the two heiresses over the years, with Bettencourt Meyers previously holding the title in 2023. Walton's wealth is primarily derived from her family's substantial stake in Walmart, which they collectively own nearly 46% of. Despite her impressive fortune, Walton is not the wealthiest member of her family; her brothers, Jim and Rob Walton, have net worths of $95.9 billion and $94 billion, respectively. The Walton family's wealth has fluctuated significantly, reflecting changes in the stock market and the retail sector. As of now, the family remains a dominant force in the retail industry, with Walmart continuing to be a major player. Throughout her life, Alice Walton has been committed to philanthropy, having donated over $5 billion to various charitable causes, including the establishment of the Crystal Bridges Museum of American Art in Bentonville, Arkansas, in 2011. Her contributions to the arts and community reflect her dedication to giving back and supporting cultural initiatives. In the broader context, Elon Musk remains the richest person globally, with an estimated wealth of $251 billion. The fluctuations in wealth among the world's richest individuals highlight the dynamic nature of the economy and the impact of market conditions on personal fortunes.