Christy Walton | |
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Walton in 2012
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Born |
Christy Ruth Tallant February 8, 1949 |
Residence | Teton Village, Wyoming, US |
Citizenship | American |
Known for | Walton family fortune, philanthropy |
Net worth | US$5.4 billion (December 2016) |
Spouse(s) | John T. Walton |
Children | Lukas Walton |
Christy Ruth Walton (née Tallant; born February 8, 1949) is the widow of John T. Walton, one of the sons of Sam Walton, the founder of Walmart.
In June 2005, she inherited her husband's fortune of US$18.2 billion following his death in a plane crash. As of 2015 Walton is the richest woman in the world. 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[update].Forbes reported that she was the richest woman in the world for eight years running, and still held the title in March 2015. As of March 2014[update], 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, the bulk of which comes from her shares in Walmart, but also from First Solar, in which her husband invested.
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 billion cumulatively between 2002 and 2006.
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. 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.