Money is an adult's calling card, but it doesn't represent character. "Rich women"It's a word that is rarely mentioned in our idiomatic context. Even if we occasionally mention it, we can only think of Dong Mingzhu or Tao Huabi.
On the other side of the ocean, there is an Alice Walton with a net worth of $410 billion, who is also famous. However, unlike the hard-working style of my country's rich women, Alice is a pure rich second generation.
Walmart is her family's business, and consumers love it all over the world. However, Alice's life is full of controversy and criticism. So, what shapes Alice?
How is she now?
Alice's father, Sam Walton, can be said to be a business genius. With the money he earned from World War II, he opened his first store in his hometown.
With their own small shop, Sam and his wife have amassed a fortune. Then, in 1950, they started a franchise called the "Walton Family Store".
At that time, Alice was born. As the eldest daughter in the family, Alice received more care and attention than her younger brothers. After Sam's death, Alice made a rare television appearance, fondly reminiscing about the time she spent with her father as a child.
Despite her material abundance, Alice's rebellious mentality also grows, and she refuses to accept the business path that her father has laid out for her, choosing instead to choose the world of art and literature.
However, due to her fledgling, Sam insisted that she finish the management department at Trinity University of San Antonio and then enter Walmart as a managerial figure as planned. However, Wal-Mart was very mature at that time, and what Alice learned in school could not fully adapt to the situation at Wal-Mart, so she felt powerless at work.
Under great pressure, Alice bravely asks her father to go out and explore, and although Sam is full of reluctance for his daughter, he understands that a rich second generation who has never experienced difficulties will eventually be swallowed up by the environment.
So, Sam respects Alice's choice and lets her leave Walmart alone to go to the outside world to train herself. And the free Alice was ecstatic, she traveled to New Orleans and managed to find a job as a **manager.
Alice's bubbly personality is not suited to a job that requires a rigorous attitude. A serious mistake almost landed her in jail, and in order to prevent a similar incident from happening again, she assured the judge that she would not get involved in the ** industry again.
However, this failure did not make her reflect, but inspired her to be a "loser". She relied on her father's favor and became more bold and presumptuous every time.
Alice was embarrassed by her previous work experience as a ** manager, so she made up her mind to start her own business and bear all the profits and losses.
Sam was impressed by his daughter's determination and generously gave her a large sum of money. After receiving the funds, Alice researched carefully and eventually started an investment company.
The company's first investment project was the construction of the Arkansas airport, and when the construction company's capital chain was broken, Alice seized the opportunity to invest and reaped the benefits. This success made Alice a little flustered, and she later increased her investment in films, tech companies, etc., but she seemed to lack good luck, and each investment ended in failure.
Constant failures have led Alice to contract a common American disease - drunken drag racing. After the collapse of the investment company, Alice became addicted to alcohol and drunk driving several times. Each time, Walmart's powerful team of lawyers came to clean up the aftermath, and their due diligence made Alice even more arrogant.
However, when she drove her car and killed a passerby, and refused to take a breathalyzer test in an arrogant manner, she finally tasted the severity of the law.
No country can accept the loss of innocent lives, so Alice's actions have caused great repercussions in the United States. She was charged with multiple crimes, and even the usually tough Walmart in-house counsel advised her to sign a settlement agreement, admit guilt and accept punishment.
However, Alice could not accept this result, and she rehired a new legal team to draft an appeal brief for her in an attempt to evade sanctions.
U.S. consumers are outraged by Alice's misconduct, leading to Walmart stock price**. Eventually, Alice admits her mistake and apologizes. After this incident, Alice seems to realize her mistake and begins to reduce her public appearances and focus on charity and artistic activities.
In 1992, Sam passed away, and the battle for the Walton family's legacy did not take place, and the world's long-awaited legacy war did not take place.
After Alice acquired a 10% stake in Walmart, she did not continue to be strong, she left everything to her brother to handle, and Walmart's vigorous development also allowed her to climb to the 17th place on the Forbes rich list in 2021 with a net worth of 410 billion yuan.
Despite the unimaginable wealth that Walmart has brought her, she doesn't care about it and instead devotes most of her energy to charity and art exhibitions. Despite some controversy over the location of the Crystal Bridge Museum, she remains an integral part of the American collecting scene.
In terms of charity, Alice has done even better, setting up the Children's School** to protect the right to education for children from low-income families.
The Alice family donated $300 million to the University of Arkansas to support the university's talent development. Her marital experience, like her ups and downs in her career, is also full of twists and turns.
She was married twice, but eventually chose to divorce.
For Alice, who is 73 years old, marriage is no longer a necessity in her life, and the background of her life is idle clouds and wild cranes, riding horses and dancing. In summary, Alice's life was rich and varied, but the first half of her life was rich and colorful, and as a result, she felt bitter and lost.
However, as she enters the second half of her life, she finds her bearings and is happy and fulfilled for it. No matter how high our net worth is, finding something we are passionate about is the most important reward.