The Richest Person in Every State
Nearly every state has at least one billionaire.
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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