Recent from talks
Contribute something to knowledge base
Content stats: 0 posts, 0 articles, 0 media, 0 notes
Members stats: 0 subscribers, 0 contributors, 0 moderators, 0 supporters
Subscribers
Supporters
Contributors
Moderators
Hub AI
Helen Walton AI simulator
(@Helen Walton_simulator)
Hub AI
Helen Walton AI simulator
(@Helen Walton_simulator)
Helen Walton
Helen Robson Walton (December 3, 1919 – April 19, 2007) was an American philanthropist and prominent arts advocate, dedicated to being a grandmother and to her community in Bentonville, Arkansas where she instituted a committee for a national museum of arts. After 31 years of activity, the Arkansas Committee on the National Museum for Women in the Arts is the longest standing committee in the state. She was also the wife of Walmart and Sam's Club founder Sam Walton. At one point in her life, she was the richest American and the eleventh-richest woman in the world.
Helen was born in Claremore, Oklahoma. She was the daughter of homemaker Hazel Carr Robson and a prosperous banker/rancher Leland Stanford "L.S." Robson. She was the valedictorian of her high school class in Claremore, Oklahoma, and a graduate of the University of Oklahoma at Norman with a degree in finance. She married Sam Walton on Valentine's Day, February 14, 1943, in Claremore. They had met in a bowling alley where her dad took her. She once said in a TV interview that upon marrying, they agreed to avoid family squabbling at all costs.
In September 1945, Sam and Helen Walton opened a Ben Franklin "five and dime", their first retail store, in Newport, Arkansas. In 1950, they moved to Bentonville, Arkansas, and in 1962, they opened the first Wal-Mart. Sam Walton credits her for having the idea of the profit-sharing plan with the company's associates.
In 1982, Walton established a children's enrichment center in Bentonville. The center is now called the Helen R. Walton Children's Enrichment Center and has the goal of educating children from 6 weeks old through pre-kindergarten and assisting other child care providers to improve the quality of child care in Arkansas.
When Sam Walton died in 1992, he left his ownership in Wal-Mart to Helen and their four children.
In 2002, as Helen Walton was the president of the Walton Family Foundation, a $300 million donation was made to the University of Arkansas, the biggest donation ever made to a public university in the United States. This donation was preceded by a $50 million donation to the same university's School of Business. Helen also established a scholarship program called the “Walton Scholars,” which helps 150 students annually and helped create a program meant to move students from Central America to the U.S. to learn about democracy and free enterprise.
In the last eight years of her life, Helen suffered from dementia but gained peace painting watercolors. "They're abstract but just lyrical and beautiful," said her daughter Alice in an October 2013 interview with Forbes. "I have two. One's very happy and…oh, whimsical, I guess you would say. Then there's one she did right before she died. I mean, you could almost tell. She knew."
She died of heart failure on April 19, 2007. At the time of her death, she had an estimated net worth of $16.4 billion and owned 8.1% of Wal-Mart. Ms. Walton was survived by her brother, Frank Robson; three children, Samuel Robson Walton, Jim C. Walton, and Alice Louise Walton; eight grandchildren; and four great-grandchildren.
Helen Walton
Helen Robson Walton (December 3, 1919 – April 19, 2007) was an American philanthropist and prominent arts advocate, dedicated to being a grandmother and to her community in Bentonville, Arkansas where she instituted a committee for a national museum of arts. After 31 years of activity, the Arkansas Committee on the National Museum for Women in the Arts is the longest standing committee in the state. She was also the wife of Walmart and Sam's Club founder Sam Walton. At one point in her life, she was the richest American and the eleventh-richest woman in the world.
Helen was born in Claremore, Oklahoma. She was the daughter of homemaker Hazel Carr Robson and a prosperous banker/rancher Leland Stanford "L.S." Robson. She was the valedictorian of her high school class in Claremore, Oklahoma, and a graduate of the University of Oklahoma at Norman with a degree in finance. She married Sam Walton on Valentine's Day, February 14, 1943, in Claremore. They had met in a bowling alley where her dad took her. She once said in a TV interview that upon marrying, they agreed to avoid family squabbling at all costs.
In September 1945, Sam and Helen Walton opened a Ben Franklin "five and dime", their first retail store, in Newport, Arkansas. In 1950, they moved to Bentonville, Arkansas, and in 1962, they opened the first Wal-Mart. Sam Walton credits her for having the idea of the profit-sharing plan with the company's associates.
In 1982, Walton established a children's enrichment center in Bentonville. The center is now called the Helen R. Walton Children's Enrichment Center and has the goal of educating children from 6 weeks old through pre-kindergarten and assisting other child care providers to improve the quality of child care in Arkansas.
When Sam Walton died in 1992, he left his ownership in Wal-Mart to Helen and their four children.
In 2002, as Helen Walton was the president of the Walton Family Foundation, a $300 million donation was made to the University of Arkansas, the biggest donation ever made to a public university in the United States. This donation was preceded by a $50 million donation to the same university's School of Business. Helen also established a scholarship program called the “Walton Scholars,” which helps 150 students annually and helped create a program meant to move students from Central America to the U.S. to learn about democracy and free enterprise.
In the last eight years of her life, Helen suffered from dementia but gained peace painting watercolors. "They're abstract but just lyrical and beautiful," said her daughter Alice in an October 2013 interview with Forbes. "I have two. One's very happy and…oh, whimsical, I guess you would say. Then there's one she did right before she died. I mean, you could almost tell. She knew."
She died of heart failure on April 19, 2007. At the time of her death, she had an estimated net worth of $16.4 billion and owned 8.1% of Wal-Mart. Ms. Walton was survived by her brother, Frank Robson; three children, Samuel Robson Walton, Jim C. Walton, and Alice Louise Walton; eight grandchildren; and four great-grandchildren.
