 |
| Christy Walton |
Net Worth: $26.5 billion (up from $22.5 billion)
Fortune: Inherited
Age: 56
Residence: Jackson, Wyoming, USA
Country of Citizenship: United States
Source: Wal-Mart
Marital Status: Widow
Christy Walton, world's richest woman is the widow of John T. Walton, one of the sons of Sam Walton, the founder of Wal-Mart. After John's death in June 2005, she inherited his fortune of $15.7 billion ranking her the highest female philanthropist, according to the amount she gives as a percentage of her wealth.
The widow Christy Walton inherited her wealth when husband John Walton, a former Green Beret and Vietnam war medic, died in an airplane accident near his home in Wyoming in 2005. Her late husband's investment in First Solar shares up nearly 500% since 2006 initial public offering, also boosts her total net worth by nearly $2.7 billion. The bulk still comes from her holdings in Wal-Mart, the retailer founded by her father-in-law Sam Walton and his brother James in 1962. Walton received almost $300 million in Wal-Mart dividends since last year. The stock was up only 3% in the past year.Today Wal-Mart has sales of $405 billion, and employs more than 2.1 million people. The philanthropist supports museums, education and organic gardening.
Between 2002 and 2006, she contributed billions from her then $16.3 billion net worth towards philanthropic efforts.
Non-profit organizations in which Walton is actively serving include the national association of trustees and staff, corporate giving officers, and individual donors – The Philanthropy Roundtable. The San Diego Natural History Museum where she is a board member, as well as the San Diego Zoological Societyand the Mingei International Museum are also institutions in which she makes donations towards. In 2006, Walton also donated her own old Victorianhome to the International Community Foundation – Center for Cross-Border Philanthropy, which was built in 1896 for former National City, California postmaster Oliver Noyes and is of historical significance. Since her donation, she has endowed $4 million towards the edifice's preservation.
Additionally, she supports her family's own charitable foundation, the Walton Family Charitable Support Foundation, which prioritizes education and benefits colleges such as the University of Arkansas, the College of Business Administration of the University of Arkansas, and several other colleges, community trusts, universities and foundations. In 2007, her family's foundation donated as much as $1.6 billion.
Age: 56
Residence: Jackson, Wyoming, USA
Country of Citizenship: United States
Source: Wal-Mart
Marital Status: Widow
Children: one
The widow Christy Walton inherited her wealth when husband John Walton, a former Green Beret and Vietnam war medic, died in an airplane accident near his home in Wyoming in 2005. Her late husband's investment in First Solar shares up nearly 500% since 2006 initial public offering, also boosts her total net worth by nearly $2.7 billion. The bulk still comes from her holdings in Wal-Mart, the retailer founded by her father-in-law Sam Walton and his brother James in 1962. Walton received almost $300 million in Wal-Mart dividends since last year. The stock was up only 3% in the past year.Today Wal-Mart has sales of $405 billion, and employs more than 2.1 million people. The philanthropist supports museums, education and organic gardening.
Non-profit organizations in which Walton is actively serving include the national association of trustees and staff, corporate giving officers, and individual donors – The Philanthropy Roundtable. The San Diego Natural History Museum where she is a board member, as well as the San Diego Zoological Societyand the Mingei International Museum are also institutions in which she makes donations towards. In 2006, Walton also donated her own old Victorianhome to the International Community Foundation – Center for Cross-Border Philanthropy, which was built in 1896 for former National City, California postmaster Oliver Noyes and is of historical significance. Since her donation, she has endowed $4 million towards the edifice's preservation.
Additionally, she supports her family's own charitable foundation, the Walton Family Charitable Support Foundation, which prioritizes education and benefits colleges such as the University of Arkansas, the College of Business Administration of the University of Arkansas, and several other colleges, community trusts, universities and foundations. In 2007, her family's foundation donated as much as $1.6 billion.
No comments:
Post a Comment