Generally, the richest women in the world emanate from several industries, including fashion & retail, food & beverage, and real estate.
There are many reasons why a woman can become wealthy. Some have received money through inheritance, and others have made money through becoming successful entrepreneurs or from being leaders in their industry and even recently from Divorce.
Whereas some successful women, their wealth simply allows them to enjoy financial security and a comfortable lifestyle, others have become some of the richest people in the world and have almost unimaginable wealth.
For this article, let’s cast the spotlight on the richest woman in the world as of 2021.
According to Forbes and other credible rating agencies, as of 2020, 71-year-old Alice Louse Walton is the world’s Richest Woman.
Alice Louise Walton is an American heiress to the fortune of Walmart. In September 2016, she owned over US$11 billion in Walmart shares. As of September 2020, Walton has a net worth of $68.8 billion, making her the 12th-richest person and the richest woman in the world.
The only daughter of Walmart founder Sam Walton reclaims her title this year as the richest woman in the world, after losing that spot to L’Oréal heiress Francoise Bettencourt Meyers in 2019. Despite recent market turbulence, Walton has seen her fortune increase 23% since last year.
Below are some facts about the World Richest Woman, Alice Louise Walton.
- Walton was an equity analyst and money manager for First Commerce Corporation and headed investment activities of Arvest Bank Group.
- She was also a broker for EF Hutton. In 1988, Walton founded Llama Company, an investment bank, where she was president, chairwoman, and CEO.
- Walton was the first person to chair the Northwest Arkansas Council and played a major role in the development of the Northwest Arkansas Regional Airport, which opened in 1998.
- Walton provided $15 million in initial funding for construction. Her company, Llama Company, underwrote a $79.5 million bond.
- The Northwest Arkansas Regional Airport Authority recognized Walton’s contributions to the creation of the airport and named the terminal the Alice L. Walton Terminal Building.
She was inducted into the Arkansas Aviation Hall of Fame in 2001.
- Alice Walton married a prominent Louisiana investment banker in 1974 at age 24.