India, March 31 -- Walmart's Alice Walton is the richest woman in the world boasting a net worth of $102 billion. Her wealth grew 46% since last year, primarily due to a surge in Walmart's share price, according to the Hurun Global Rich List 2025.

This also brings forth the question of how the 75-year-old heiress spends her fortune.

Though the Walton family is largely quite private, it is known that Alice Walton spends her fortune on things varying from expensive art to horse breeding.

She has never taken an active role in running Walmart and has instead, focused on her own ventures and also ended up becoming an art patron, having fallen in love with art at a young age, according to a New Yorker report.

Walton purchased her first work...