Posted by ZeroHedge.com
The State-by-State Breakdown
According to Forbes, just four states are home to 61% of the country’s billionaires: California (179), New York (130), Florida (92), and Texas (73).
Here’s a closer look at the data on who takes the title of the richest in each state:
| Name | State | Residence | Net Worth (Est.) | Source of Wealth |
|---|---|---|---|---|
| Jimmy Rane | Alabama | Abbeville | $1.2 B | Lumber |
| Arturo Moreno | Arizona | Phoenix | $4.8 B | Billboards, Los Angeles Angels |
| Jim Walton | Arkansas | Bentonville | $64.4 B | Walmart |
| Larry Page | California | Palo Alto | $105.0 B | |
| Philip Anschutz | Colorado | Denver | $10.8 B | Energy, sports, entertainment |
| Ray Dalio | Connecticut | Greenwich | $19.1 B | Hedge funds |
| Ken Griffin | Florida | Miami | $32.7 B | Hedge funds |
| Dan Cathy, Bubba Cathy, and Trudy Cathy White | Georgia | Atlanta | $11.0 B | Chick-fil-A |
| Larry Ellison | Hawaii | Lanai | $146.0 B | Oracle |
| Frank VanderSloot | Idaho | Idaho Falls | $3.2 B | Nutrition, wellness products |
| Lukas Walton | Illinois | Chicago | $22.9 B | Walmart |
| Carl Cook | Indiana | Bloomington | $10.3 B | Medical devices |
| Harry Stine | Iowa | Adel | $6.9 B | Agriculture |
| Charles Koch | Kansas | Wichitia | $56.9 B | Koch Industries |
| Tamara Gustavson | Kentucky | Lexington | $7.3 B | Self storage |
| Gayle Benson | Louisiana | New Orleans | $4.7 B | New Orleans Saints |
| Susan Alfond | Maine | Scarborough | $2.7 B | Shoes |
| Annette Lerner & family | Maryland | Chevy Chase | $6.3 B | Real Estate |
| Abigail Johnson | Massachusetts | Milton | $21.0 B | Fidelity |
| Daniel Gilbert | Michigan | Franklin | $19.5 B | Quicken Loans |
| Glen Taylor | Minnesota | Mankato | $2.6 B | Printing |
| Thomas Duff & James Duff | Mississippi | Hattiesburg | $2.3 B | Tires, diversified |
| John Morris | Missouri | Springfield | $8.3 B | Sporting goods retail |
| Dennis Washington | Montana | Missoula | $6.4 B | Construction, mining |
| Warren Buffet | Nebraska | Omaha | $117.0 B | Berkshire Hathaway |
| Mirian Adelson & family | Nevada | Las Vegas | $36.2 B | Casinos |
| Rick Cohen & family | New Hampshire | Keene | $18.8 B | Warehouse automation |
| Rocco Commisso | New Jersey | Saddle River | $8.0 B | Telecom |
| Ron Corio | New Mexico | Albuquerque | $1.7 B | Solar |
| Michael Bloomberg | New York | New York City | $94.5 B | Bloomberg LP |
| James Goodnight | North Carolina | Cary | $9.3 B | Software |
| Gary Tharaldson | North Dakota | Fargo | $1.2 B | Hotels |
| Lex Wexner & family | Ohio | New Albany | $6.0 B | Retail |
| Harold Hamm & family | Oklahoma | Oklahoma City | $18.5 B | Oil & gas |
| Phil Knight & family | Oregon | Hillsboro | $41.8 B | Nike |
| Jeff Yass | Pennsylvania | Haverford | $28.5 B | Trading, investments |
| Jonathan Nelson | Rhode Island | Providence | $3.1 B | Private equity |
| Robert Faith | South Carolina | Charleston | $5.2 B | Real estate management |
| T. Denny Sanford | South Dakota | Sioux Falls | $2.0 B | Banking, credit cards |
| Thomas Frist Jr. & family | Tennessee | Nashville | $22.3 B | Hospitals |
| Elon Musk | Texas | Austin | $230.0 B | Tesla, SpaceX |
| Gail Miller | Utah | Salt Lake City | $4.2 B | Car dealerships |
| John Abele | Vermont | Shelburne | $1.9 B | Healthcare |
| Jacqueline Mars | Virginia | The Plains | $39.4 B | Candy, pet food |
| Jeff Bezos | Washington | Medina | $149.0 B | Amazon |
| John Menard Jr. | Wisconsin | Eau Claire | $18.1 B | Home improvement stores |
| John Mars | Wyoming | Jackson | $39.4 B | Candy, pet food |
Many billionaires in the U.S. are extremely well-known, such as California’s Larry Page, New York’s Michael Bloomberg, or Washington state’s Jeff Bezos.
Interestingly, Bill Gates doesn’t take the top spot as the richest billionaire in Washington because Bezos has a higher net worth—$149 billion vs. Gates’ $104 billion—although they do live in the exact same town of Medina, WA.
Nearly every state is home to at least one billionaire, some far wealthier than others, like Nebraska’s Warren Buffett ($117 billion), compared to Alabama’s Jimmy Rane ($1.2 billion). Some new states, which gained billionaires this year include Alabama, New Hampshire, and Vermont.
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https://www.zerohedge.com/personal-finance/these-are-richest-billionaires-each-us-state