The Richest Person From Every State

Nearly every state has at least one billionaire.

By Bob Haegele Jun 21, 2021 Build Your Wealth

The United States is the richest country in the world with a GDP of over $22 trillion as of April 2021, according to IMF data. With so much wealth concentrated in one country, there are bound to be some very wealthy individuals.

Indeed, 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. 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.

See: Nearly Half of Wealthy Households Support Higher Taxes, According to Millionaire Survey
Find: States With the Highest Property Taxes

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). Some states were omitted due to a lack of data.

Last updated: June 21, 2021

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Arizona

Richest Person: Ernest Garcia II
City: Tempe
Net Worth: $15,900,000,000
Source of Wealth: Used cars

Learn: What Homes Will Be Worth in Your State by the End of 2021

Arkansas

Richest Person: Jim Walton
City: Bentonville
Net Worth: $60,020,000,000
Source of Wealth: Walmart

California

Richest Person: Mark Zuckerberg
City: Palo Alto
Net Worth: $97,000,000,000
Source of Wealth: Facebook

More: 17 Companies Facebook Famously Purchased — and How They’re Doing Now

Colorado

Richest Person: Philip Anschutz
City: Denver
Net Worth: $10,100,000,000
Source of Wealth: Investments

Interesting: The Weird Law That’s Keeping Some Companies From Hiring Remote Workers in Colorado

Connecticut

Richest Person: Ray Dalio
City: Greenwich
Net Worth: $20,300,000,000
Source of Wealth: Hedge funds

Economy Explained: Hedging Your Bet? Everything You Need To Know About Hedge Funds

Florida

Richest Person: Thomas Peterffy
City: Palm Beach
Net Worth: $25,000,000,000
Source of Wealth: Discount brokerage

Georgia

Richest Person: Jim Kennedy
City: Atlanta
Net Worth: $9,400,000,000
Source of Wealth: Media, automotive

Hawaii

Richest Person: Larry Ellison
City: Lanai
Net Worth: $93,000,000,000
Source of Wealth: Software

Idaho

Richest Person: Frank VanderSloot
City: Idaho Falls
Net Worth: $3,400,000,000
Source of Wealth: Nutrition, wellness products

Illinois

Richest Person: Ken Griffin
City: Chicago
Net Worth: $16,000,000,000
Source of Wealth: Hedge funds

Indiana

Richest Person: Carl Cook
City: Bloomington
Net Worth: $10,500,000,000
Source of Wealth: Medical devices

Iowa

Richest Person: Harry Stine
City: Adel
Net Worth: $5,400,000,000
Source of Wealth: Agriculture

Kansas

Richest Person: Charles Koch
City: Wichita
Net Worth: $46,400,000,000
Source of Wealth: Koch Industries

Kentucky

Richest Person: Tamara Gustavson
City: Lexington
Net Worth: $5,600,000,000
Source of Wealth: Self-storage

More: What If You Had Invested In Apple Stock Instead of Buying the First iPhone?

Louisiana

Richest Person: Gayle Benson
City: New Orleans
Net Worth: $3,400,000,000
Source of Wealth: Pro sports teams

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Maine

Richest Person: Susan Alfond
City: Scarborough
Net Worth: $2,300,000,000
Source of Wealth: Shoes

Maryland

Richest Person: Mitchell Rales
City: Potomac
Net Worth: $6,200,000,000
Source of Wealth: Manufacturing, investments

Massachusetts

Richest Person: Abigail Johnson
City: Milton
Net Worth: $20,090,000,000
Source of Wealth: Money management

Michigan

Richest Person: Daniel Gilbert
City: Franklin
Net Worth: $51,900,000,000
Source of Wealth: Quicken Loans

Minnesota

Richest Person: Glen Taylor
City: Mankato
Net Worth: $2,900,000,000
Source of Wealth: Printing

Mississippi

Richest Person: Thomas & James Duff
City: Hattiesburg
Net Worth: $1,400,000,000
Source of Wealth: Tires, diversified

Missouri

Richest Person: Pauline MacMillan Keinath
City: St. Louis
Net Worth: $6,400,000,000
Source of Wealth: Cargill

Montana

Richest Person: Dennis Washington
City: Missoula
Net Worth: $6,400,000,000
Source of Wealth: Construction, mining

More:

Nebraska

Richest Person: Warren Buffett
City: Omaha
Net Worth: $96,000,000,000
Source of Wealth: Berkshire Hathaway

Nevada

Richest Person: Miriam Adelson
City: Las Vegas
Net Worth: $38,200,000,000
Source of Wealth: Casinos

New Jersey

Richest Person: Rocco Commisso
City: Saddle River
Net Worth: $7,200,000,000
Source of Wealth: Telecom

New Mexico

Richest Person: Ron Corio
City: Albuquerque
Net Worth: $1,100,000,000
Source of Wealth: Solar

New York

Richest Person: Michael Bloomberg
City: New York
Net Worth: $59,000,000,000
Source of Wealth: Bloomberg LP

North Carolina

Richest Person: James Goodnight
City: Cary
Net Worth: $6,500,000,000
Source of Wealth: Software

Ohio

Richest Person: Les Wexner & Family
City: New Albany
Net Worth: $6,100,000,000
Source of Wealth: Retail

Oklahoma

Richest Person: Tom & Judy Love
City: Oklahoma City
Net Worth: $10,800,000,000
Source of Wealth: Retail & gas stations

Oregon

Richest Person: Phil Knight
City: Hillsboro
Net Worth: $49,900,000,000
Source of Wealth: Nike

See: Nike, Target and More Companies That Have Made Juneteenth a Paid Holiday

Pennsylvania

Richest Person: Jeff Yass
City: Haverford
Net Worth: $12,000,000,000
Source of Wealth: Trading, investments

Rhode Island

Richest Person: Jonathan Nelson
City: Providence
Net Worth: $2,000,000,000
Source of Wealth: Private equity

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South Carolina

Richest Person: Anita Zucker
City: Charleston
Net Worth: $1,900,000,000
Source of Wealth: Chemicals

South Dakota

Richest Person: T. Denny Sanford
City: Sioux Falls
Net Worth: $2,800,000,000
Source of Wealth: Banking, credit cards

Tennessee

Richest Person: Thomas Frist Jr. & Family
City: Nashville
Net Worth: $15,600,000,000
Source of Wealth: Hospitals

Texas

Richest Person: Elon Musk
City: Austin
Net Worth: $151,000,000,000
Source of Wealth: Tesla, SpaceX

Utah

Richest Person: Matthew Prince
City: Park City
Net Worth: $2,500,000,000
Source of Wealth: Cybersecurity

Virginia

Richest Person: Jacqueline Mars
City: The Plains
Net Worth: $31,300,000,000
Source of Wealth: Candy, pet food

Washington

Richest Person: Jeff Bezos
City: Seattle
Net Worth: $177,000,000,000
Source of Wealth: Amazon

Wisconsin

Richest Person: John Menard Jr.
City: Eau Claire
Net Worth: $14,200,000,000
Source of Wealth: Home improvement stores

Wyoming

Richest Person: John Mars
City: Jackson
Net Worth: $31,300,000,000
Source of Wealth: Candy, pet food

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Methodology: For this support piece, GOBankingRates used Forbes 2021 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 5, 2021; and (4) source of wealth. All data was collected on June 1, 2021. AL, AK, DE, NH, ND, VT, and WV had no data.

Photo Disclaimer: Please note photos are for representational purposes only.

About the Author

Bob Haegele

Bob Haegele is a personal finance writer who specializes in topics such as investing, banking, credit cards, and real estate. His work has been featured on The Ladders, The Good Men Project, and Small Biz Daily. He also co-runs Modest Money and is a dog sitter and walker.