Christy Walton

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Christy Walton
Born 1955[1][2]
Residence Jackson, Wyoming
Citizenship United States
Known for Walton family fortune, philanthropy
Net worth Increase US$41.7 billion (2015)[3]
Spouse(s) John T. Walton (deceased)
Children Lukas Walton (son)
Relatives Sam Walton (father-in-law)

Christy Ruth Walton (born 1955) is an American philanthropist. She is the widow of John T. Walton, one of the sons of Sam Walton, the founder of Walmart. After John's death in June 2005, she inherited his fortune of US$18.2 billion.[4]

Early life[edit]

Christy Ruth Walton was born in 1955.[1][2]

Philanthropic activity[edit]

Profiled by Condé Nast Portfolio magazine in The Giving Index, she is ranked as the highest female philanthropist according to the amount she gives as a percentage of her wealth. At a then estimated $16.3 billion net worth, she contributed a total of $3.5 million cumulatively between 2002 and 2006.[5]

Non-profit organizations in which Walton is actively serving include the national association of trustees and staff, corporate giving officers, and individual donors of The Philanthropy Roundtable. The San Diego Natural History Museum, where she is a board member, as well as the San Diego Zoological Society and the Mingei International Museum are also institutions to which she makes donations.[5] In 2006, Walton donated her own old Victorian home which was built in 1896 for former National City, California postmaster Oliver Noyes and is of historical significance, to the International Community Foundation - Center for Cross-Border Philanthropy. Since her donation, she has endowed $4 million towards the edifice's preservation.[5]

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 Walton College of Business 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.[5]

Wealth[edit]

According to Forbes, she is the 6th richest person in the United States, and the 8th richest person in the world, as of March 2015.[2] Forbes reported that she was the richest woman in the world for eight years running, and still held the title in March 2015.[2] As of March 2014, she and her family (not including her two brothers-in-law and a sister-in-law) had an estimated net worth of $36.7 billion,[6] the bulk of which comes from her shares in Walmart, but also from First Solar, in which her husband invested.

Personal life[edit]

She resides in Jackson, Wyoming, and has one son, Lukas Walton.[7] As of March 2015, Christy Walton was listed as the 8th richest person in the world.[8]

See also[edit]

References[edit]

  1. ^ a b "The World's Billionaires (2013): No. 12 Christy Walton & family". Forbes. September 2013. Retrieved December 1, 2013. Net worth: $35.4 billion 
  2. ^ a b c d "Forbes 400 Richest Americans: No. 6 Christy Walton". Forbes. Retrieved December 1, 2013. 
  3. ^ "Bloomberg Billionaires Index (2013): No. 12 Christy Walton & family". Bloomberg. November 29, 2013. Retrieved December 1, 2013. Net worth: $39.9 billion 
  4. ^ "WalMart heir dies in plane crash". Fox-News. June 2005. Retrieved December 1, 2013. 
  5. ^ a b c d Christy Walton. Faces of Philanthropy, accessed December 15, 2010.
  6. ^ "The World's Richest Women 2014". Forbes. 
  7. ^ "John T. Walton, 58, Donor and Heir to Wal-Mart Fortune, Dies". The New York Times. June 29, 2005. 
  8. ^ "Bloomberg Billionares Index". Bloomberg LP. Retrieved December 1, 2013.