Very fortunate

Low-profile DFW billionaire reigns as the richest woman in the world

Alice Walton has a net worth estimated at $59 billion.

Photo courtesy of Wal-Mart

Fort Worth’s Alice Walton may keep a relatively low profile, but she’s got a high profile when it comes to her stature among the world’s billionaires.

A new ranking from China’s Hurun Report puts Walton at No. 1 among the world’s richest women and at No. 12 overall, with a net worth estimated at $59 billion as of January 31. She’s one of the heirs to the Walmart retail fortune.

In all, nearly 16 percent of the billionaires on the 2020 list are women.

Walton lands one spot ahead of Democratic presidential candidate and former New York City mayor Michael Bloomberg, whose net worth is estimated at $58 billion.

Walton sat at No. 18 on Hunan’s 2019 list, meaning she climbed six spots from last year to this year. Over the past five years, Walton has padded her wealth by $20 billion to $30 billion, according to the 2020 Hunan Report, released February 26.

Walton and her relatives reign as the world’s richest family, with a cumulative net worth of $208 billion as of January 31, the report says.

Three places behind Walton on this year’s list is the world’s second-richest woman, Françoise Bettencourt Meyers. With an estimated net worth of $56 billion, the L’Oreal cosmetics heiress and her family rank 15th overall.

The world’s third-richest woman, according to the Hunan Report, is MacKenzie Bezos, ex-wife of Amazon founder and CEO Jeff Bezos. Her estimated net worth of $44 billion puts her in a tie for 22nd place worldwide.

The latest ranking from Forbes magazine lists Meyers as the richest woman in the world, holding down the No. 13 spot with a fortune estimated at $54.3 billion. Forbes puts Walton at No. 15 ($51.8 billion) and MacKenzie Bezos at No. 22 ($38.4 billion).

More Texans on the list
The second-ranked Texan on the Hunan list is Austin’s Michael Dell, chairman and CEO of Round Rock-based Dell Technologies Inc. At $28 billion, he’s tied for the No. 35 spot worldwide.

Parked at No. 3 in Texas and No. 68 globally are Dallas’ Elaine Marshall and her family, with an estimated net worth of $17 billion. The Marshalls control a hefty stake in Wichita, Kansas-based conglomerate Koch Industries.

Tied at No. 4 in Texas are Dallas banker and real estate investor Andy Beal, and West Texas sports mogul Stan Kroenke. With an estimated fortune of $9.4 billion, each appears at No. 194 on Hunan’s global list.

With an estimated net worth of $7.2 billion, Dallas Cowboys owner Jerry Jones ranks sixth in Texas and ties for 281st worldwide. (Since Beal and Kroenke are tied at No. 4, there is no fifth-ranked Texan.)

At No. 7 in Texas and No. 347 globally is Ann Walton Kroenke, wife of billionaire Stan Kroenke and an heir to the Walmart fortune. She has an estimated net worth of $6.2 billion.

Omni Hotels and Gold’s Gym honcho Robert Rowling of Dallas claims the No. 8 ranking in Texas and ties for No. 408 worldwide. His fortune is estimated at $5.6 billion.

Houston pipeline baron Richard Kinder stands at No. 9 in Texas and ties for No. 415 globally, with a net worth estimated at $5.5 billion.

Energy magnate Trevor Rees-Jones grabs the No. 10 spot in Texas and ties for the No. 425 spot worldwide. The Hunan Report pegs his net worth at $5.4 billion.

With an estimated fortune of $5.1 billion, tequila and hair care entrepreneur John Paul DeJoria of Austin checks in at No. 11 in Texas and ties for No. 464 globally.

Houston pipeline heirs Scott Duncan and Randa Williams are tied at No. 12 in Texas and No. 482 worldwide. Each has a net worth estimated at $5 billion. Their two Houston siblings, Dannine Avara and Milane Frantz, share the No. 14 spot in Texas and the No. 493 spot globally. Each has an estimated net worth of $4.9 billion.

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Fun times in the city

Dallas swings a spot on new list of most fun cities in U.S. for 2024

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Dallas just wants to have fun, according to WalletHub's new ranking of the most fun cities in America in 2024.

The annual report ranked Dallas No. 31 out of 182 U.S. cities.

WalletHub's experts compared each city using 65 metrics to determine their level of "fun." Metrics were split among three main categories: entertainment and recreation, nightlife and parties, and cost.

According to the study's findings, Dallas was 24th nationally in the category for nightlife and parties, and ranked No. 39 in the "entertainment and recreation" category. That may be especially alluring for anyone who wants to explore the city's vast entertainment opportunities (especially during the holiday season), family-friendly recreational activities, top dining destinations, and more. Plus, Dallas is home to entertainment juggernauts like the State Fair of Texas and TopGolf.

Dallas performed poorly in the overall cost category, earning No. 114 out of all 182 cities. However, this category mostly compares flat costs rather than affordability based on local cost of living.

Potential new Dallasites should do their research before deciding to move here, rather than basing their decision on short trips and vacations alone. But we won't blame them for wanting to live in one of the best cities in the world.

"The top cities offer affordable options for year-round fun for their residents, which is good for residents’ wallets and their mental health," said WalletHub analyst Chip Lupo in the report.

Austin (No. 6) and Houston (No. 9) were the only Texas cities to earn a spot in the top 10 most fun U.S. cities list. Austin moved up one spot from last year, while Houston made a 10-place jump.

Other fun-filled Texas cities that made it in the top 100 are El Paso (No. 53), Fort Worth (No. 55), Plano (No. 78), Arlington (No. 79), and Corpus Christi (No. 99).

The top 10 most fun U.S. cities are:

No. 1 – Las Vegas, Nevada
No. 2 – Orlando, Florida
No. 3 – Miami, Florida
No. 4 – Atlanta, Georgia
No. 5 – New Orleans, Louisiana
No. 6 – Austin, Texas
No. 7 – San Francisco, California
No. 8 – Chicago, Illinois
No. 9 – Houston, Texas
No. 10 – New York City, New York

Cities were evaluated based on the number of attractions per capita, nightlife activities per capita, the average prices for eating at a restaurant or buying a movie ticket, and more. Data was sourced from the U.S. Census Bureau, The Trust for Public Land, and the Council for Community and Economic Research, among others.

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