How rich is Christy Walton?
Christy Walton Net Worth:
|Birth date:||1955, Jackson, Wyoming, United States|
|Nationality:||United States of America|
|Spouse:||John T. Walton (m. ?–2005)|
Christy Walton wiki & biography:
The widow of John Walton, Christy Walton has a net worth of $37.6 billion as of 2014. Currently the richest woman in the United States, she inherited her wealth after her husband a former Green Beret and Vietnam war medic perished in an plane accident near his home in Wyoming 2005.
The richest woman in America’s late husband also invested in First Solar; shares up more than 400% since 2006 initial public offering. But bulk still comes from her shares in Wal Mart, the retailer founded by her father in law Sam Walton and his brother James in 1962. Her net worth dropped by $1.2 billion in 2012, completely owing to a fall in the solar panel maker’s share price. Her Wal-Mart holding, worth $20 billion, did better. The philanthropist supports museums, education and organic gardening.
Conde Nast Portfolio magazine ranked her the best female philanthropist, as stated by the sum she gives as a portion of her wealth. Between 2002 and 2006, Conde contributed billions from her then $16.3 billion net worth towards philanthropic efforts. In 2007, her family’s foundation contributed as much as $1.6 billion.
After John’s death in June 2005, she inherited his fortune of US$18.2 billion.
Based on “Forbes”, she is the 6th richest individual in the USA, and also the 10th wealthiest individual on the planet, by November 2013. “Forbes” reported that she was the richest girl on earth for seven years running, and still held the title in March 2014. She resides in Jackson, Wyoming and has one son, Lukas. As of November 2013, Christy Walton was recorded as the 9th wealthiest person in the world.
Profiled by Cond Nast Portfolio magazine in The Giving Index, she is ranked as the best female philanthropist according to the sum 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. Non-profit organizations in which Walton is actively serving comprise the national association of trustees and staff, corporate giving officers, and individual donors — The Philanthropy Roundtable. The San Diego Natural History Museum where she’s a board member, along with the San Diego Zoological Society and the Mingei International Museum are also associations to which she makes contributions. In 2006, Walton also donated her own old Victorian home to the International Community Foundation — Centre for Cross-Border Philanthropy, that was constructed in 1896 for former National City, California postmaster Oliver Noyes and is of historical importance. Since her contribution, she’s endowed $4 million towards the edifice’s preservation