Art
Walton purchased her first piece of art when she was about ten years old. It was a reproduction of Picasso's Blue Nude she got from her father's Ben Franklin Dime-Store. She and her mother would often paint watercolors on camping trips.[10] Her interest in art led to her spearheading the Walton Family Foundation's involvement in developing Crystal Bridges Museum of American Art in the heart of Bentonville, Arkansas. Crystal Bridges, opened in November 2011, is envisioned as a premier venue for a national art institution dedicated to American art and artists, and a place of learning and community.
In December 2004, the art collection of Daniel Fraad and wife, Rita, went up for public auction at Sothebys in New York. Since almost every collector was at the auction, no one could figure out who on the phone was bidding such high prices. It was later discovered that Walton purchased at least $20 million worth of art that day. She bid for most of the items while on a three-year-old gelding named IC LAD preparing to compete in the first qualifying round of the National Cutting Horse Association Futurity at the Will Rogers Coliseum in Ft. Worth, TX.[10]
In 2005, Walton purchased Asher Brown Durand's celebrated painting, Kindred Spirits, in a sealed-bid auction for a purported US$35 million. 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).[11] She has also purchased works by American painters Winslow Homer and Edward Hopper, as well as a notable portrait of George Washington by Charles Willson Peale,[12] in preparation for the opening of the Crystal Bridges Museum of American Art in Bentonville, Arkansas.[13] In 2009 at an undisclosed price, Crystal Bridges museum acquired Norman Rockwell's iconic "Rosie the Riveter" painting for its permanent collection.[14]
John Wilmerding, an advisor and board member to Crystal Bridges said Walton has collected the work of some artists in depth, quietly buying substantial bodies of work by Martin Johnson Heade, Stuart Davis, George Bellows and John Singer Sargent.[15] Walton's attempt to quit smoking led to the purchase two great smoking paintings by Alfred Maurer and Tom Wesselman. In a 2011 interview, she spoke about acquiring great works by other artists. She described Marsden Hartley as "one of my favorite artists-he was a very complex guy, somewhat tormented, but a very spiritual person, and love the emotion and the feel and the spirituality of his work". She went on to say "and Andrew Wyeth-the mystery and loneliness that is expressed. How do you paint loneliness?