Alice Louise Walton (born October 7, 1949) is the daughter of Wal-Mart founder Sam Walton and Helen Walton. She and her mother each have an estimated net worth of about $18.0 billion dollars.

She is a graduate of Trinity University and lives in Mineral Wells, Texas on The Rocking W Ranch.

She was the 20th largest individual contributor to 527 committees in the U.S. presidential election, 2004, donating 2.6 million dollars (US) to the right-wing Progress for America group. [1]

Wal-Mart founder Sam Walton's only daughter, Alice chose not to get involved in the operations of the family business. For a time she was a broker for E.F. Hutton. Her hobby is horses.

In 1989, Alice Walton killed pedestrian Oleta Hardin, a 50-year-old mother of two, in an automobile accident. Walton was speeding at the time, and had received multiple speeding tickets in the prior twelve months, but no charges were filed.

Ms. Walton was also convicted of drunk driving in January 1998.