Nancy Walton Laurie
Template:Short description Template:Infobox person Nancy Walton Laurie (born May 15, 1951) is an American billionaire who is an heir to the Walmart fortune.
Early life
Walton was born on May 15, 1951.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> She is the younger daughter of Bud Walton, the brother and business partner of Walmart founder Sam Walton.<ref name ="bhcouriermattlopez"/> She grew up in Versailles, Missouri, where she met future husband Bill Laurie.<ref>Walmart Heirs Buy St. Louis Hockey Team, Sports Arena.</ref> Upon Bud's death, she and her sister Ann Walton Kroenke inherited a stake in Walmart that made them both billionaires.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Philanthropy
With her husband, she donated US$25 million to the University of Missouri for the construction of a new sports arena for the Missouri Tigers in 2001, to be named after their daughter Paige Laurie, who did not attend the university.<ref name="stephaniesimon">Stephanie Simon, Fuming at What Isn't in a Name: A University of Memphis sports complex is named after philanthropists' child, who goes to USC., The Los Angeles Times, April 04, 2004</ref><ref name="insidephilanthropy">Sarah DeShazo, Nancy Walton Laurie: Ballet's Next Best Friend?, Inside Philanthropy, July 31, 2013</ref> However, it was revealed shortly after the 2004–05 basketball season started that Paige Laurie paid her USC roommate to do much of her homework for her, even after the roommate left the university due to financial issues. The Lauries gave up the naming rights on November 23, 2004, to the university, which then renamed the arena with the university's common nickname "Mizzou" and removed all mention of Elizabeth Paige Laurie from the venue, beyond the bare minimum required to acknowledge the Lauries' gift.<ref>
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- Template:Cite news</ref> They have also endowed the E. Paige Laurie Professorship for the Equine Center at the College of Veterinary Medicine at the University of Missouri.<ref name="stephaniesimon"/> According to The Los Angeles Times, they have also made charitable gifts for a cancer research center, a shelter for abused women, and a children's hospital.<ref name="stephaniesimon"/>
Laurie is the founder of the Nancy Walton Laurie Leadership Institute at the Chi Omega sorority.<ref name="insidephilanthropy"/> She was the president and founder of a New York City dance company called the Cedar Lake Contemporary Ballet, which closed in 2015.<ref name="dance">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> She is the owner of the Columbia Performing Arts Centre, a dance studio located in Columbia, Missouri.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Personal life
Laurie married Bill Laurie, after a courtship that occurred when they both attended the University of Memphis (then known as Memphis State University).<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
The couple resides primarily in the Las Vegas Valley in Henderson, Nevada.<ref name="Billionaires 2010" /><ref name ="bhcouriermattlopez">Matt Lopez, Walmart Heiress Seeks Damages From Bel Air's 901 Strada Vecchia Template:Webarchive, The Beverly Hills Courier, January 23, 2015, pp. 1;11</ref><ref name="Forbes400 2014"/><ref name="lv">Las Vegas Business Press :: News : Inspirada brings 'New Urbanism' feel to Henderson community</ref> They also have homes in Bel Air, California, and in Columbia, Missouri, where they own an equine farm where they breed appaloosa horses.<ref name="stephaniesimon"/><ref name="ashleyjost">Ashley Jost, Barn a complete loss after Crown Center Farms fire: Apartment burns in separate blaze., Columbia Daily Tribune, March 24, 2014</ref><ref name ="bhcouriermattlopez"/> In January 2015, she filed a lawsuit through her company, LW Partnership, against Mohamed Hadid, a property developer who is building a retaining wall next to the Bel Air house, alleging Hadid damaged the roots of a eucalyptus tree.<ref name ="bhcouriermattlopez"/> According to the Center for Investigative Reporting, Walton uses "at least 2.3 million gallons (8.7 million liters) per year" to water her Bel Air estate.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Laurie owns a superyacht called Kaos, on which she cruised to the UK in May 2023.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> In July 2023, Kaos was sprayed with paint by members of Futuro Vegetal a Spanish climate movement in the port of Ibiza. The members of Futuro Vegetal showed a poster saying "You consume - others suffer".<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
References
- American billionaires
- American businesspeople in retailing
- Walton family
- 1951 births
- Living people
- Philanthropists from California
- People from Columbia, Missouri
- People from Bel Air, Los Angeles
- People from Henderson, Nevada
- Rock Bridge High School alumni
- 20th-century American businesspeople
- 21st-century American businesspeople
- People from Versailles, Missouri
- 20th-century American businesswomen
- 21st-century American businesswomen