Yahoo Finance The Richest Person in Every State
The U.S. has no shortage of billionaires. While we tend to associate billionaires with large cities such as New York and Los Angeles, there are very wealthy people all over the country — around 813 in total, according to Forbes.
Some billionaires may choose to live in places other than the big cities, whether it’s because of favorable tax policies or their own personal reasons. Two of the most well-known billionaires, Elon Musk and Larry Ellison, specifically left California for states with friendlier tax codes.
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However, the incredibly wealthy live everywhere across the U.S. from Florida to Hawaii. This gallery will provide a glance at the richest people in every state, where data is available, as identified by Forbes.
Alabama
Richest Person: Jimmy Rane
City: Abbeville
Net Worth: $1.5 billion
Source of Wealth: Lumber
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Alaska
Richest Person: Jonathan Rubini
City: Anchorage
Net Worth: $400 million
Source of Wealth: Real estate
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Alaska (Tie)
Richest Person: Leonard Hyde
City: Anchorage
Net Worth: $400 million
Source of Wealth: Real estate
Arizona
Richest Person: Ernest Garcia II
City: Tempe
Net Worth: $8 billion
Source of Wealth: Used cars (Carvana)
Arkansas
Richest Person: Jim Walton
City: Bentonville
Net Worth: $78.4 billion
Source of Wealth: Walmart
California
Richest Person: Mark Zuckerberg
City: Palo Alto
Net Worth: $117 billion
Source of Wealth: Facebook
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Colorado
Richest Person: Philip Anschutz
City: Denver
Net Worth: $15.3 billion
Source of Wealth: Energy, sports, entertainment
Connecticut
Richest Person: Steve Cohen
City: Greenwich
Net Worth: $19.8 billion
Source of Wealth: Hedge funds
Delaware
Richest Person: Elizabeth Snyder
City: Wilmington
Net Worth: $800 million
Source of Wealth: Gore-Tex
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Florida
Richest Person: Jeff Bezos
City: Miami
Net Worth: $194 billion
Source of Wealth: Amazon
Georgia
Richest Person: Dan Cathy, Bubby Cathy and Trudy Cathy White
City: Atlanta
Net Worth: $11.2 billion
Source of Wealth: Chick-fil-A
Hawaii
Richest Person: Pierre Omidyar
City: Honolulu
Net Worth: $6.3 billion
Source of Wealth: eBay, PayPal
Idaho
Richest Person: Frank VanderSloot
City: Idaho Falls
Net Worth: $3.3 billion
Source of Wealth: Nutrition, wellness products
Illinois
Richest Person: Lukas Walton
City: Chicago
Net Worth: $28 billion
Source of Wealth: Walmart
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Indiana
Richest Person: Carl Cook
City: Bloomington
Net Worth: $10.6 billion
Source of Wealth: Medical devices
Iowa
Richest Person: Harry Stine
City: Adel
Net Worth: $9.7 billion
Source of Wealth: Agriculture
Kansas
Richest Person: Charles Koch
City: Wichita
Net Worth: $58.5 billion
Source of Wealth: Koch Industries
Kentucky
Richest Person: Tamara Gustavson
City: Lexington
Net Worth: $7.8 billion
Source of Wealth: Self-storage
Louisiana
Richest Person: Todd Graves
City: Baton Rouge
Net Worth: $9.1 billion
Source of Wealth: Raising Cane’s
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Maine
Richest Person: Susan Alfond
City: Scarborough
Net Worth: $3.1 billion
Source of Wealth: Shoes
Maryland
Richest Person: Annette Lerner
City: Chevy Chase
Net Worth: $6.4 billion
Source of Wealth: Real estate
Massachusetts
Richest Person: Abigail Johnson
City: Milton
Net Worth: $29 billion
Source of Wealth: Fidelity
Michigan
Richest Person: Daniel Gilbert
City: Franklin
Net Worth: $26.3 billion
Source of Wealth: Quicken Loans
Minnesota
Richest Person: Glen Taylor
City: Mankato
Net Worth: $2.9 billion
Source of Wealth: Printing
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Mississippi
Richest Person: Thomas & James Duff
City: Hattiesburg
Net Worth: $3 billion each
Source of Wealth: Tires, diversified
Missouri
Richest Person: John Morris
City: Springfield
Net Worth: $9.5 billion
Source of Wealth: Sporting goods retail
Montana
Richest Person: Dennis Washington
City: Missoula
Net Worth: $7 billion
Source of Wealth: Construction, mining
Nebraska
Richest Person: Warren Buffett
City: Omaha
Net Worth: $133 billion
Source of Wealth: Berkshire Hathaway
Nevada
Richest Person: Miriam Adelson
City: Las Vegas
Net Worth: $32 billion
Source of Wealth: Casinos
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New Jersey
Richest Person: Rocco Commisso
City: Saddle River
Net Worth: $8 billion
Source of Wealth: Telecom
New Mexico
Richest Person: Ron Cario
City: Albuquerque
Net Worth: $1.7 billion
Source of Wealth: Solar
New York
Richest Person: Michael Bloomberg
City: New York
Net Worth: $106 billion
Source of Wealth: Bloomberg LP
North Carolina
Richest Person: James Goodnight
City: Cary
Net Worth: $10.1 billion
Source of Wealth: Software
Ohio
Richest Person: Les Wexner
City: New Albany
Net Worth: $6 billion
Source of Wealth: Retail
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Oklahoma
Richest Person: Harold Hamm
City: Oklahoma City
Net Worth: $18.5 billion
Source of Wealth: Oil and gas
Oregon
Richest Person: Phil Knight
City: Hillsboro
Net Worth: $40.9 billion
Source of Wealth: Nike
Pennsylvania
Richest Person: Jeff Yass
City: Haverford
Net Worth: $27.6 billion
Source of Wealth: Trading, investments
Rhode Island
Richest Person: Jonathan Nelson
City: Providence
Net Worth: $3.4 billion
Source of Wealth: Private equity
South Carolina
Richest Person: Robert Faith
City: Charleston
Net Worth: $5.8 billion
Source of Wealth: Real estate management
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South Dakota
Richest Person: T. Denny Sanford
City: Sioux Falls
Net Worth: $2.1 billion
Source of Wealth: Banking, credit cards
Tennessee
Richest Person: Thomas Frist Jr.
City: Nashville
Net Worth: $26.2 billion
Source of Wealth: Hospitals
Texas
Richest Person: Elon Musk
City: Austin
Net Worth: $195 billion
Source of Wealth: Tesla, SpaceX
Utah
Richest Person: Gail Miller
City: Salt Lake City
Net Worth: $3.9 billion
Source of Wealth: Car dealerships
Vermont
Richest Person: John Abele
City: Shelburne
Net Worth: $1.9 billion
Source of Wealth: Healthcare
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Virginia
Richest Person: Jacqueline Mars
City: The Plains
Net Worth: $38.5 billion
Source of Wealth: Candy, pet food
Washington
Richest Person: Bill Gates
City: Medina
Net Worth: $128 billion
Source of Wealth: Microsoft
West Virginia
Richest Person: Brad Smith
City: Huntington
Net Worth: $900 million
Source of Wealth: Intuit
Wisconsin
Richest Person: John Menard Jr.
City: Eau Claire
Net Worth: $25.2 billion
Source of Wealth: Home improvement stores
Wyoming
Richest Person: John Mars
City: Jackson
Net Worth: $38.5 billion
Source of Wealth: Candy, pet food
Gabrielle Olya and Jordan Rosenfeld contributed to the reporting for this article.
Photo Disclaimer: Please note photos are for representational purposes only.
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