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Education: Trinity University of San Antonio,
Bachelor of Arts / Science
Daughter of retail pioneer Sam Walton. Mom,
Helen, passed away last April; matriarch's
fortune to pass to charity over next few years.
Sam began retail career 1940 making $75 a month
as J.C. Penney clerk. Opened Ben Franklin
5-and-10 store in Newport, Ark. 5 years later;
lost lease 1950. With brother James opened chain
of general stores in Bentonville, Ark. 1962.
Took Wal-Mart public 1970, now world's largest
retailer, with more than 6,800 stores in 14
countries; 1.9 million employees. Sales: $375
billion. Family controls 40%. Alice: raises
horses, founded American art museum in
Bentonville.
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