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Draft:Wealthiest individual by U.S. state

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  • Comment: Reference the list, not the stuff surrounding it. -Samoht27 (talk) 16:42, 13 May 2025 (UTC)

The following chart presents a comprehensive overview of the wealthiest individuals across all 50 states in the United States, highlighting those who have accumulated significant wealth through a diverse array of industries such as technology, finance, real estate, retail, healthcare, energy, and entertainment. The net worth figures provided reflect the most current publicly available data and are subject to change due to a variety of factors, including fluctuations in stock market values, shifts in business performance, and the financial outcomes of personal ventures and investments. The individuals listed have established themselves as prominent figures in their respective fields, contributing to the economic landscapes of both their local communities and the broader U.S. economy.

The chart below identifies the wealthiest individual in each state, along with their primary residence and the most recent estimate of their net worth. These rankings are based on publicly reported wealth, including assets such as shares in publicly traded companies, real estate holdings, and other financial assets. However, it is important to note that private holdings and other unreported assets are not accounted for in these figures, meaning the actual wealth of some individuals could be greater than reported. Additionally, net worth can fluctuate over time as a result of various economic factors, such as changes in the stock market, business success or failure, and shifts in personal or corporate holdings.

These wealth rankings also provide insight into the broader economic trends and dominant industries that shape the economic fortunes of each state. In some states, the wealthiest residents have ties to local industries, while in others, billionaires have made significant global impacts through their ventures. This variation underscores the diversity of wealth creation in the U.S., as individuals leverage opportunities in technology, retail, finance, and other sectors to amass significant fortunes.

Some states, particularly those with a concentration of industries such as technology in California or energy in Texas, feature individuals whose wealth is a reflection of their involvement in these high-growth sectors. Others may have billionaires who achieved success through local enterprises that have grown over time or who have been able to expand their wealth globally through acquisitions, mergers, and other strategic ventures.

It is also notable that the wealthiest individuals listed here often play significant roles in philanthropy, politics, and social change, using their financial resources to influence various causes, support innovation, and contribute to community development. Their business decisions and investments have a far-reaching impact on the sectors in which they are involved, shaping the economic conditions not only in their home states but also in global markets.

As the landscape of wealth continues to evolve, these rankings are likely to shift in response to changes in the economy, business performance, and the personal financial strategies of these individuals. The chart below presents the most recent data, offering a snapshot of the wealth distribution across the United States, with the understanding that such figures can change rapidly in today’s fast-moving economy.

Wealthiest individuals by U.S. state[1][2][3][4]
State Person Residence Net Worth
Alabama Jimmy Rane Abbeville $1.5B
Alaska Jonathan Rubini

Leonard Hyde

Anchorage $400M
Arizona Ernest Garcia II Tempe $17.3B
Arkansas Rob Walton Bentonville $113B
California Mark Zuckerberg Palo Alto $189B
Colorado Philip Anshutz Denver $16.9B
Connecticut Steve Cohen Greenwhich $21.3B
Delaware Elizabeth Snyder Wilmington $800M
Florida Jeff Bezos Miami $206B
Georgia Bubba Cathy

Dan Cathy Trudy Cathy White

Atlanta

Hampton

$10.7B
Hawaii Pierre Omidyar Honolulu $10B
Idaho Frank VanderSloot Idaho Falls $3.2B
Illinois Lukas Walton Chicago $39B
Indiana Carl Cook Bloomington $9.9B
Iowa Harry Stine Adel $10.2B
Kansas Charles Koch Wichita $67.5B
Kentucky Tamara Gustavson Lexington $8.1B
Louisiana Todd Graves Baton Rouge $17.2B
Maine Susan Alfond Scarborough $3.7B
Maryland Annette Lerner Chevy Chase $5.5B
Massachusetts Abigail Johnson Milton $31.5B
Michigan Daniel Gilbert Franklin $23.7B
Minnesota Glen Taylor Mankato $2.9B
Mississippi Thomas Duff

James Duff

Hattiesburg $3B
Missouri David Steward St. Louis $11.4B
Montana Dennis Washington Missoula $7.4B
Nebraska Warren Buffet Omaha $165B
Nevada Miriam Adelson Las Vegas $28.6B
New Hampshire Rick Cohen Keene $11.5B
New Jersey John Overdeck Millburn $7.4B
New Mexico Ron Corio Albuquerque $1.7B
New York Michael Bloomberg New York City $105B
North Carolina James Goodnight Cary $9.8B
North Dakota Gary Tharaldson Fargo $1.2B
Ohio Les Wexner New Albany $7.8B
Oklahoma Harold Hamm Oklahoma City $18.5B
Oregon Phil Knight Hillsboro $29B
Pennsyvania Jeff Yass Haverford $59B
Rhode Island Jonathan Nelson Providence $3.4B
South Carolina Bob Faith Charleston $5B
South Dakota T. Denny Sanford Sioux Falls $2.1B
Tennessee Thomas Frist Jr. Nashville $26.8B
Texas Elon Musk Austin $388B
Utah Gail Miller Salt Lake City $4.4B
Vermont John Abele Shelburne $2B
Virginia Jacqueline Mars The Plains $39B
Washington Steve Ballmer Hunts Point $118B
West Virginia Brad Smith Huntington $900M
Wisconsin Diane Hendricks Afton $21.9B
Wyoming John Mars Jackson $39B

Wealth Distribution

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The individuals listed in the chart above represent some of the wealthiest and most influential figures in their respective states. While the list is an important snapshot of the distribution of wealth in the U.S., it is crucial to understand the broader economic forces at play. Many of the wealthiest individuals have made their fortunes through technology, retail, finance, real estate, and energy, industries that have seen significant growth in recent decades.[5]

In particular, states like California, Texas, and New York are home to individuals whose wealth is closely tied to the success of tech giants, energy companies, and large-scale financial institutions. For instance, Mark Zuckerberg's wealth, which is primarily derived from his role at Meta Platforms,[3][6] underscores California’s dominance in the global technology sector. Similarly, Elon Musk, whose fortune comes largely from Tesla and SpaceX,[3][7] represents the state of Texas’s growing influence in the tech and aerospace industries. On the other hand, states like Kansas and Iowa see their wealthiest residents, such as Charles Koch and Harry Stine, emerging from the energy sector and agricultural enterprises.[3][5]

Moreover, Warren Buffett, often regarded as one of the most successful investors of all time, maintains his residence in Omaha, Nebraska, a state where his financial prowess has made him a symbol of economic success through value investing. Similarly, Rob Walton's wealth, tied to his family’s ownership of Walmart,[3][8] reflects the massive retail presence in Arkansas and its global influence.

Wealth Creation and Influence Beyond State Borders

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While this chart focuses on the wealthiest individuals within each state, it is essential to recognize the global reach of many of these figures. Many of the billionaires listed are involved in businesses and investments that impact markets and industries far beyond their state’s borders. This highlights the interconnected nature of modern economies, where individuals can influence international trade, finance, and technology even as they maintain primary residences in specific states.[3][5]

Additionally, the business strategies and financial decisions made by these individuals often extend well beyond state or national boundaries, further emphasizing the role of billionaires in shaping both local economies and global markets. For example, individuals like Jeff Bezos (Florida) and Michael Bloomberg (New York) have not only amassed substantial personal fortunes but also wield significant influence through their companies, political contributions, and philanthropic efforts.[3]

See Also

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The World's Billionaires

References

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  1. ^ Team, Forbes Wealth. "Forbes Richest Person In Every State 2025". Forbes. Retrieved 2025-05-07.
  2. ^ Barbuti, Angela (2025-05-03). "These are the richest people in every state in the country". Retrieved 2025-05-07.
  3. ^ a b c d e f g "How the richest person in each state made a fortune". Stacker. Retrieved 2025-05-07.
  4. ^ "Map shows richest person in every state". Newsweek. 2025-05-06. Retrieved 2025-05-07.
  5. ^ a b c Rao, Pallavi (2025-03-04). "A Visual Breakdown of Who Owns America's Wealth". Visual Capitalist. Retrieved 2025-05-07.
  6. ^ [https://finance.yahoo.com/news/mark-zuckerberg-gained-more-wealth-181242457.html "How Mark Zuckerberg gained more wealth than anyone else this year to become the world�s second-richest person"]. Yahoo Finance. Archived from the original on 2024-10-05. Retrieved 2025-05-07. {{cite news}}: replacement character in |title= at position 86 (help)
  7. ^ "How did Elon Musk make his money? How wealthiest man in the world got rich". Newsweek. 2025-03-19. Retrieved 2025-05-07.
  8. ^ Admin_TUL (2024-08-30). "How Did Rob Walton's Net Worth Reach $93.3 Billion?". The USA Leaders. Retrieved 2025-05-07.