The Cities America’s Top Billionaires Call Home

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The Cities America’s Top Billionaires Call Home

You might be aware that the richest person in the U.S., Jeff Bezos, calls The Emerald City home. Indeed, America’s coastal cities are where you can find some of America’s wealthiest people. But Bezos isn’t the only billionaire in town; in fact, he’s one of eight centibillionaires. In other words, there are seven others whose net worth tops $100 billion.
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And yes, most of those centibillionaires live on the East and West Coasts. However, there are a few of them who don’t live in New York or California. In a recent move, Elon Musk relocated to Texas as his business priorities changed, primarily as he looked to focus on SpaceX and the new Austin Gigafactory.
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In this gallery, we are going to take a look at some of America’s very richest people and the city and state they call home. Most of the names are big. Their place of residence? Less so, in some cases.
Last updated: July 12, 2021
Pierre Omidyar: Honolulu
- Net Worth: $25,600,000,000
- Age: 54
- Source of Wealth: eBay, PayPal
- Forbes Wealth Overall Rank: 68
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Leonard Lauder: New York
- Net Worth: $26,800,000,000
- Age: 88
- Source of Wealth: Estee Lauder
- Forbes Wealth Overall Rank: 62
Stephen Schwarzman: New York
- Net Worth: $29,600,000,000
- Age: 74
- Source of Wealth: Investments
- Forbes Wealth Overall Rank: 53
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John Mars: Jackson, Wyoming
- Net Worth: $31,400,000,000
- Age: 85
- Source of Wealth: Candy, pet food
- Forbes Wealth Overall Rank: 49
Jacqueline Mars: The Plains, Virginia
- Net Worth: $31,400,000,000
- Age: 81
- Source of Wealth: Candy, pet food
- Forbes Wealth Overall Rank: 49
Len Blavatnik: London
- Net Worth: $32,600,000,000
- Age: 64
- Source of Wealth: Music, chemicals
- Forbes Wealth Overall Rank: 46
Miriam Adelson: Las Vegas
- Net Worth: $33,400,000,000
- Age: 75
- Source of Wealth: Casinos
- Forbes Wealth Overall Rank: 44
Daniel Gilbert: Franklin, Michigan
- Net Worth: $42,000,000,000
- Age: 59
- Source of Wealth: Quicken Loans
- Forbes Wealth Overall Rank: 31
Charles Koch: Wichita, Kansas
- Net Worth: $46,800,000,000
- Age: 85
- Source of Wealth: Koch Industries
- Forbes Wealth Overall Rank: 26
Julia Koch & Family: New York
- Net Worth: $46,800,000,000
- Age: 59
- Source of Wealth: Koch Industries
- Forbes Wealth Overall Rank: 26
Michael Dell: Austin, Texas
- Net Worth: $50,700,000,000
- Age: 56
- Source of Wealth: Dell computers
- Forbes Wealth Overall Rank: 24
Phil Knight & Family: Hillsboro, Oregon
- Net Worth: $55,800,000,000
- Age: 83
- Source of Wealth: Nike
- Forbes Wealth Overall Rank: 23
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Michael Bloomberg: New York
- Net Worth: $59,000,000,000
- Age: 79
- Source of Wealth: Bloomberg LP
- Forbes Wealth Overall Rank: 20
Rob Walton: Bentonville, Arkansas
- Net Worth: $62,600,000,000
- Age: 76
- Source of Wealth: Walmart
- Forbes Wealth Overall Rank: 18
Alice Walton: Fort Worth, Texas
- Net Worth: $63,000,000,000
- Age: 71
- Source of Wealth: Walmart
- Forbes Wealth Overall Rank: 17
Jim Walton: Bentonville, Arkansas
- Net Worth: $63,400,000,000
- Age: 83
- Source of Wealth: Walmart
- Forbes Wealth Overall Rank: 16
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Steve Ballmer: Hunts Point, Washington
- Net Worth: $79,100,000,000
- Age: 65
- Source of Wealth: Microsoft
- Forbes Wealth Overall Rank: 13
Warren Buffett: Omaha, Nebraska
- Net Worth: $100,400,000,000
- Age: 90
- Source of Wealth: Berkshire Hathaway
- Forbes Wealth Overall Rank: 9
Larry Ellison: Lanai, Hawaii
- Net Worth: $103,400,000,000
- Age: 76
- Source of Wealth: Software
- Forbes Wealth Overall Rank: 8
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Sergey Brin: Los Altos, California
- Net Worth: $103,700,000,000
- Age: 47
- Source of Wealth: Google
- Forbes Wealth Overall Rank: 7
Larry Page: Palo Alto, California
- Net Worth: $107,100,000,000
- Age: 48
- Source of Wealth: Google
- Forbes Wealth Overall Rank: 6
Bill Gates: Medina, Washington
- Net Worth: $127,300,000,000
- Age: 65
- Source of Wealth: Microsoft
- Forbes Wealth Overall Rank: 5
Mark Zuckerberg: Palo Alto, California
- Net Worth: $128,000,000,000
- Age: 37
- Source of Wealth: Facebook
- Forbes Wealth Overall Rank: 4
Elon Musk: Austin, Texas
- Net Worth: $169,300,000,000
- Age: 50
- Source of Wealth: Tesla, SpaceX
- Forbes Wealth Overall Rank: 3
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Jeff Bezos: Seattle
- Net Worth: $198,300,000,000
- Age: 57
- Source of Wealth: Amazon
- Forbes Wealth Overall Rank: 1
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What Does All This Mean?
Which cities America’s billionaires call home helps bring clarity to what one might have guessed. That is the fact that many of the nation’s richest gravitate toward the cities that are the center of their industries. For example, New York is the nation’s financial capital; both Michael Bloomberg and Stephen Schwarzman, who made their money in the finance industry, call The Big Apple home. The same is true for Leonard Lauder, as New York is also a big city for the fashion industry. We also see this for billionaires in the tech industry, as with Larry Page, Mark Zuckerberg, and Bill Gates.
In other cases, some billionaires still live where their families settled. Such is the case for billionaires such as Warren Buffet and the Walton family. Thus, where billionaires choose to live is oftentimes either a business decision or a family decision. Perhaps money makes the world go round, but we cannot forget the importance of family.
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Methodology: For this piece, GOBankingRates looked at Forbes’ “The World’s Real Time Billionaires” dataset with data updated as close of markets on June 28, 2021. GOBankingRates selected the 25 richest billionaires from the United States and found the following information for each: (1) residence city; (2) residence state; (3) net worth as of close of markets on June 28, 2021; (4) age; (5) source of wealth; and (6) Forbes overall wealth rank. All data was collected and is up to date as of June 28, 2021.
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