Alice Walton Named World's Richest Woman with $101 Billion Fortune

Alice Walton has reclaimed her title as the richest woman in the world, with a fortune of $101 billion, surpassing L'Oréal heiress Françoise Bettencourt Meyers, who now holds second place with $81.6 billion. This significant increase in Walton's wealth, amounting to $28.7 billion, is attributed to a 40% surge in Walmart's stock price, reflecting the company's resilience amidst global inflation. At 75 years old, Walton is now one of just 15 individuals globally to exceed a net worth of $100 billion and ranks 15th overall among the world's billionaires. The Walton family's combined wealth totals approximately $320 billion, highlighting their substantial influence in retail. Though Alice Walton has largely stayed out of Walmart's day-to-day operations, she has made notable contributions to her community and pursued interests in art and philanthropy. Despite her wealth, the Walton family's personal lives remain relatively private, with Alice focusing on her artistic endeavors and investments.