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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 748 in total, according to Forbes.
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Some billionaires may choose to live in places other than the big cities, whether it’s because of favorable tax policy 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.
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).
Arizona
- Richest Person: Ernest Garcia II
- City: Tempe
- Net Worth: $8.6 billion
- Source of Wealth: Used cars (Carvana)
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Arkansas
- Richest Person: Jim Walton
- City: Bentonville
- Net Worth: $66.2 billion
- Source of Wealth: Walmart
California
- Richest Person: Larry Page
- City: Palo Alto
- Net Worth: $111 billion
- Source of Wealth: Alphabet (Google)
Colorado
- Richest Person: Philip Anschutz
- City: Denver
- Net Worth: $10.9 billion
- Source of Wealth: Investments (Oil, railroads, telecom, real estate and entertainment)
Connecticut
- Richest Person: Ray Dalio
- City: Greenwich
- Net Worth: $22 billion
- Source of Wealth: Hedge funds
Florida
- Richest Person: Thomas Peterffy
- City: Palm Beach
- Net Worth: $20.1 billion
- Source of Wealth: Discount brokerage
Georgia
- Richest Person: Bernard Marcus
- City: Atlanta
- Net Worth: $8.7 billion
- Source of Wealth: Home Depot co-founder
Hawaii
- Richest Person: Larry Ellison
- City: Lanai
- Net Worth: $106 billion
- Source of Wealth: Technology (Oracle co-founder)
Idaho
- Richest Person: Frank VanderSloot
- City: Idaho Falls
- Net Worth: $2.9 billion
- Source of Wealth: Nutrition, wellness products
Illinois
- Richest Person: Ken Griffin
- City: Chicago
- Net Worth: $27.2 billion
- Source of Wealth: Hedge funds (Founder of Citadel)
Indiana
- Richest Person: Carl Cook
- City: Bloomington
- Net Worth: $11.1 billion
- Source of Wealth: Medical devices
Iowa
- Richest Person: Harry Stine
- City: Adel
- Net Worth: $6.9 billion
- Source of Wealth: Agriculture
Kansas
- Richest Person: Charles Koch
- City: Wichita
- Net Worth: $60 billion
- Source of Wealth: Koch Industries
Kentucky
- Richest Person: Tamara Gustavson
- City: Lexington
- Net Worth: $8.5 billion
- Source of Wealth: Self-storage
Louisiana
- Richest Person: Gayle Benson
- City: New Orleans
- Net Worth: $3.8 billion
- Source of Wealth: Pro sports teams (Owner of the NFL’s New Orleans Saints and NBA’s New Orleans Pelicans)
Maine
- Richest Person: Susan Alfond
- City: Scarborough
- Net Worth: $2.8 billion
- Source of Wealth: Shoes
Maryland
- Richest Person: Stephen Bisciotti
- City: Millersville
- Net Worth: $5.9 billion
- Source of Wealth: Staffing, Owner of Baltimore Ravens
Massachusetts
- Richest Person: Abigail Johnson
- City: Milton
- Net Worth: $21.2 billion
- Source of Wealth: Money management (CEO, Fidelity Investments)
Michigan
- Richest Person: Daniel Gilbert
- City: Franklin
- Net Worth: $22 billion
- Source of Wealth: Rocket Companies (formerly Quicken Loans)
Minnesota
- Richest Person: Glen Taylor
- City: Mankato
- Net Worth: $2.5 billion
- Source of Wealth: Printing
Mississippi
- Richest Person: Thomas & James Duff
- City: Hattiesburg
- Net Worth: $2 billion each
- Source of Wealth: Tires, diversified
Missouri
- Richest Person: Pauline MacMillan Keinath
- City: St. Louis
- Net Worth: $8.8 billion
- Source of Wealth: Cargill (Largest food producer in the world)
Montana
- Richest Person: Dennis Washington
- City: Missoula
- Net Worth: $6.9 billion
- Source of Wealth: Construction, mining
Nebraska
- Richest Person: Warren Buffett
- City: Omaha
- Net Worth: $118 billion
- Source of Wealth: Berkshire Hathaway
Nevada
- Richest Person: Miriam Adelson
- City: Las Vegas
- Net Worth: $27.5 billion
- Source of Wealth: Casinos
New Jersey
- Richest Person: John Overdeck
- City: Millburn
- Net Worth: $6.5 billion
- Source of Wealth: Hedge funds (Co-founder of Two Sigma)
New York
- Richest Person: Michael Bloomberg
- City: New York
- Net Worth: $82 billion
- Source of Wealth: Bloomberg LP media company
North Carolina
- Richest Person: Tim Sweeney
- City: Cary
- Net Worth: $7.4 billion
- Source of Wealth: Video games (Co-founder, Epic Games)
Ohio
- Richest Person: Les Wexner & Family
- City: New Albany
- Net Worth: $5.8 billion
- Source of Wealth: Retail
Oklahoma
- Richest Person: Harold Hamm
- City: Oklahoma City
- Net Worth: $17.2 billion
- Source of Wealth: Oil and gas
Oregon
- Richest Person: Phil Knight
- City: Hillsboro
- Net Worth: $47.3 billion
- Source of Wealth: Nike
Pennsylvania
- Richest Person: Jeff Yass
- City: Haverford
- Net Worth: $12 billion
- Source of Wealth: Trading, investments
Rhode Island
- Richest Person: Jonathan Nelson
- City: Providence
- Net Worth: $2.2 billion
- Source of Wealth: Private equity
South Carolina
- Richest Person: Anita Zucker
- City: Charleston
- Net Worth: $1.7 billion
- Source of Wealth: Chemicals
South Dakota
- Richest Person: T. Denny Sanford
- City: Sioux Falls
- Net Worth: $3.4 billion
- Source of Wealth: Banking, credit cards
Tennessee
- Richest Person: Thomas Frist Jr. & Family
- City: Nashville
- Net Worth: $21.8 billion
- Source of Wealth: Hospitals
Texas
- Richest Person: Elon Musk
- City: Austin
- Net Worth: $219 billion
- Source of Wealth: Tesla, SpaceX
Utah
- Richest Person: Gail Miller and Matthew Prince
- City: Salt Lake City (Miller), Park City (Prince)
- Net Worth: $3.2 billion each
- Source of Wealth: Car dealerships (Miller), Cybersecurity (Prince)
Virginia
- Richest Person: Jacqueline Mars
- City: The Plains
- Net Worth: $31.7 billion
- Source of Wealth: Candy, pet food
Washington
- Richest Person: Jeff Bezos
- City: Seattle
- Net Worth: $171 billion
- Source of Wealth: Amazon
Wisconsin
- Richest Person: John Menard Jr.
- City: Eau Claire
- Net Worth: $16.6 billion
- Source of Wealth: Home improvement stores
Wyoming
- Richest Person: John Mars
- City: Jackson
- Net Worth: $31.7 billion
- Source of Wealth: Candy, pet food
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Jordan Rosenfeld contributed to the reporting for this article.
Methodology: For this support piece, GOBankingRates used Forbes 2022 Billionaire list data to find the richest person in every state. For each state with available data, GOBankingRates found: (1) richest person’s name; (2) city they reside in; (3) net worth as of March 11, 2022; and (4) source of wealth. AL, AK, DE, NH, NM, ND, VT, and WV had no data.
Photo Disclaimer: Please note photos are for representational purposes only.
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