The 1849 painting, a tribute to Hudson River School painter Thomas Cole, had been given to the New York Public Library in 1904 by Julia Bryant, the daughter of Romantic poet and New York newspaper publisher William Cullen Bryant, who is depicted in the painting with Cole. In 2005, Walton purchased Asher Brown Durand's celebrated painting, Kindred Spirits, in a sealed-bid auction for a purported US$35 million. In December 2004, Walton purchased art sold from the collection of Daniel and Rita Fraad at Sotheby's, in New York. Her first museum quality artwork purchase was of two Winslow Homer watercolors in the late 1980s. The first piece of art Walton purchased was a print of Picasso's Blue Nude when she was ten years old it cost her 5 weeks allowance. Walton and her mother would often paint watercolors on camping trips.
In his 1992 autobiography Made in America, Sam Walton remarked that Alice was "the most like me-a maverick-but even more volatile than I am." Art She was inducted into the Arkansas Aviation Hall of Fame in 2001. The Northwest Arkansas Regional Airport Authority recognized Walton's contributions to the creation of the airport and named the terminal the Alice L. Walton provided $15 million in initial funding for construction, and Llama Company underwrote a $79.5 million bond. At the time, the business and civic leaders of Northwest Arkansas Council found a need for the $109 million regional airport in their corner of the state. Walton was the first person to chair the Northwest Arkansas Council and played a major role in the development of the Northwest Arkansas Regional Airport, which opened in 1998. In 1988, Walton founded Llama Company, an investment bank, where she was president, chairwoman and CEO. Walton at the 2011 Walmart Shareholders meetingĮarly in her career, Walton was an equity analyst and money manager for First Commerce Corporation and headed investment activities at Arvest Bank Group.
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