Thursday 17 July 2014

Christy Walton Biography

Christy Walton was born in 1955 .Walton has described herself on political donations as a “homemaker” and “philanthropist. She is the wife of late John Thomas Walton who died in 2005 in an aircraft crash.She has One Son Lukas.She is listed as executive producer on the film. John Walton co-founded CSF in 1998 with the late Republican financier Ted Forstmann.Walton is listed as one of the “Connoisseurs” of the Mingei International Museum, a folk art museum in San Diego. Connoisseurs comprise a short list of museum patrons who are “dedicated to building the Museum’s collections.” Walton has been a sponsor of multiple exhibitions at the museum, and donated a “prize-winning Kyrgyz yurt” that she had purchased and brought to the U.S. from Kyrgyzstan in 2007.Emeritus Director, Teton Science Schools; Christy’s son Lukas graduated from Teton Science Schools’ Journeys School in 2005.As the Wisconsin Center for Investigative Journalism reported in September 2011, 
Christy Walton was the third-largest individual contributor to winning state legislative candidates in the 2010 elections that put Republicans in control of the state government. Six of the top ten individual donors were members of the Walton family. Under the first budget passed by Gov. Scott Walker and the Republican-majority legislature, funding for public schools was cut by $800 million over two years, while funding for programs that funnel public money to private schools increased by $17 million over two years.Wal-Mart was founded in 1962 by Christy’s father-in-law Sam Walton, who started his career as a clerk for J.C. Penney for $75 a month in1940. And five years later he founded five-and-dime store Benjamin Franklin, Newport and Arkansas. After he died of multiple myeloma in 1992, his son John Walton shouldered the responsibility and became the chairman of the board of Wal-Mart. In 1968, John Walton contributed in Vietnam War as a part of the Studies and Observations Group in the Green Berets and fought bravely in the A Shau Valley and in Laos for which he was honored with a Silver Star. He also received awards and decorations such as Army Commendation Medal, Army Air Medal, Presidential Unit Citation (United States) 2001, Parachutist Badge (United States), Combat Infantryman Badge, and Army Special Forces tab. In 2005, while he was piloting his homebuilt aircraft CGS Hawk Arrow crashed in Jackson, Wyoming, and died.
Christy Walton and her Husband

World Richest Woman:

Holds 30% ownership in solar energy company First Solar—an investment worth $1 billion.Shares 50.8% ownership of Wal-Mart Stores, Inc. with John’s siblings, Alice, Jim, and Rob.Shares 96% ownership of the family’s Arvest Bank (Jim Walton, CEO) with Rob and Jim . The Forbes magazine list of the 400 wealthiest Americans reveals that the nation’s most wealthy Living Pledge refusenik is currently one Christy Walton. She’s a 54-year-old worth 21 billion, who inherited a large portion of the Wal-Mart supermarket chain (which owns ASDA in the UK) from her husband John.Christy Walton is an American billionaire heiress who has a net worth of $37.6 billion. As of January 2014, Christy Walton is the richest woman in the world. Christy Walton was the wife of the late John T. Walton who was the son of the late WalMart founder Sam Walton. Christy and John had one child together, a son named Lukas. After the death of her husband John, Walton inherited his fortune of $15.7 billion dollars made up mostly of Walmart stock. Christy Walton also owns a stake in a solar power company First Solar which her late husband founded before his death. Walton currently resides in Jackson, Wyoming but has properties around the world. Walton donated her seven acre San Diego home to Cross Border Philanthropy. In case you have been living under a rock, Wal-Mart is the world's largest retailer with 2 million employees and 7,300 stores, serving 200 million customers. Each year, Christy earns hundreds of millions of dollars in Walmart dividends alone. Without ever lifting a finger. Christy Walton is the richest woman in the world due to inheriting money from her late husband, one of the heirs of the Wal-Mart fortune, and from their investment in First Solar. The second richest woman in the world is Christy's sister in law Alice Walton. Christy is the 10th richest person in the world, overall. The Walton siblings and and Christy control more than $120 billion in wealth and are arguably the most powerful family in the world. Christy is a very active philanthropist who supports dozens of different causes, especially those related to the protection of animals. On the other hand, Christy has received some criticism for refusing to sign the billionaire's giving pledge. This is the pledge put forth by Bill Gates and Warren Buffett whereby people who join are agreeing to donate at least 50% of their personal wealth to charity.

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