Alice Walton got $33 billion richer last year without running a company. She’s building a tuition-free medical school instead
The Walmart heiress has never run the retailer. She's spending her fortune on Arkansas health care, from a tuition-free medical school to a new $350 million hospital bet.
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# Investment Summary Alice Walton's net worth increased by $33 billion in 2023, primarily driven by Walmart's stock appreciation, despite her having no operational role at the company. She is directing substantial capital toward Arkansas healthcare infrastructure, including a tuition-free medical school and a $350 million hospital investment, representing a significant philanthropic deployment of her inherited wealth outside traditional markets.
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