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re: Arkansas billionaires have created an NIL fund
Posted on 1/27/22 at 3:24 pm to PineyWoodsHog
Posted on 1/27/22 at 3:24 pm to PineyWoodsHog
Regarding the Waltons:
They invest primarily in Qualify of Life improvements around NWA, cultural and recreational amenities. They also focus on environmental issues both here, and in Colorado. They have spent a lot of money improving schools (and supporting charter schools) in the Mississippi Delta, both in Arkansas and Mississippi.
Two of the heirs worth $65+ Billion each, are University of Arkansas alums. Alice is not an alumnus, although she donates a lot to the University herself. The current Walmart CEO, Doug McMillian is also an Arkansas grad. He makes $22 million per year, and his current net worth is over $225 million.
Those are just the obvious ones with University of Arkansas ties. There are lots of lower-tier Walmart-related people with net worths between $10-$100 million in NWA that nobody outside of the area has ever heard of.
Our bench is deep, and our second-string donors would be starters at places like Ole Miss and State (and probably LSU).
They invest primarily in Qualify of Life improvements around NWA, cultural and recreational amenities. They also focus on environmental issues both here, and in Colorado. They have spent a lot of money improving schools (and supporting charter schools) in the Mississippi Delta, both in Arkansas and Mississippi.
Two of the heirs worth $65+ Billion each, are University of Arkansas alums. Alice is not an alumnus, although she donates a lot to the University herself. The current Walmart CEO, Doug McMillian is also an Arkansas grad. He makes $22 million per year, and his current net worth is over $225 million.
Those are just the obvious ones with University of Arkansas ties. There are lots of lower-tier Walmart-related people with net worths between $10-$100 million in NWA that nobody outside of the area has ever heard of.
Our bench is deep, and our second-string donors would be starters at places like Ole Miss and State (and probably LSU).
This post was edited on 1/27/22 at 3:26 pm
1
Posted on 1/27/22 at 3:27 pm to Numberwang
Arkansas has been spending big money on football and basketball. I'm not surprised by this news at all. I've been saying that NIL has the potential to make very successful programs piss poor because they don't have the number of monied alums that some schools have. Look at LSU. LSU doesn't have the big money alums that Arkansas, Texas, and A&M has.
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