January 30, 2025 | Jesse Singer

The Richest Person In Every State


Tops In the State

Did you know that there are currently just three states in the country that don't have a billionaire resident? Try and guess which states they are as you also check out the wealthiest person currently residing in all 50 states.

Let's go alphabetically (by state, not by rich person)...

Alabama: Jimmy Rane

Age: 77

Estimated Net Worth: $1.7 Billion

Jimmy Rane has made his billions on wood. Rane is the founder and CEO of Great Southern Wood Preserving, but you might know him better as "the Yella Fella"—his cowboy alter-ego from the company's TV commercials.

Portrait of Jimmy Rane - 2020Office of Mike Rogers, United States Congress, Wikimedia Commons

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Alaska: Leonard Hyde & Jonathan Rubini

Age: 67 & 69

Estimated Net Worth: $400 Million

Hyde and Rubini are 50/50 in the commercial real estate development company, JL Properties, in Anchorage, Alaska. And while they might not be billionaires—they've done just fine for themselves and their families.

Man Showing a Blueprint to a CoupleAlena Darmel, Pexels

Arizona: Ernest Garcia II

Age: 66

Estimated Net Worth: $17 Billion

As the biggest shareholder of Carvana and the owner of the country's fourth-biggest used car retailer, Garcia is worth $17 billion as of January 2025.

Fun Fact: His son, Ernest Garcia III, founded Carvana.

Ernest Garcia III speaking at an eventGage Skidmore, CC BY-SA 3.0, Wikimedia Commons

Arkansas: Jim Walton

Age: 75

Estimated Net Worth: $109.1 Billion

Jim Walton's dad is Sam Walton—you know, the founder of Walmart. Jim is the youngest son and, along with the other heirs, owns about 45% of Walmart's stock.

Image of Jim Walton - 2011Walmart Corporate, CC BY 2.0, Wikimedia Commons

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California: Mark Zuckerberg

Age: 40

Estimated Net Worth: $211.8 Billion

As the third richest person in the country, there are only two states Zuckerberg could move to where he wouldn't be the richest person there.

Mark Zuckerberg speaks during the TechCrunch Conference - 2012TechCrunch, CC BY 2.0, Wikimedia Commons

Colorado: Philip Anschutz

Age: 84

Estimated Net Worth: $16.9 Billion

Oil, railroads, telecom, real estate, and entertainment—Philip Anschutz has made his billions in all of them. He's the majority owner of the Los Angeles Kings in the NHL and owns the Crypto.com Arena (where the Kings play). He also built one of the biggest wind farms in the world on 320,000 acres in Wyoming.

LA Galaxy owner Philip Anschutz during an MLS Cup soccer match - 2024Ringo Chiu, Shutterstock

Connecticut: Steve Cohen

Age: 67

Estimated Net Worth: $21.3 Billion

In 2013, Cohen's hedge fund firm was found guilty of insider trading and forced to pay $1.8 billion in fines. And yet, the man is worth over $21 billion today and bought the New York Mets for $2.4 billion in 2020 (the most ever paid for an MLB franchise). So, he's doing okay.

Steven A. Cohen during the game between the New York Yankees and the New York Mets at Citi Field on Wednesday, June 26, 2024Daniel Shirey, Getty Images

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Delaware: Elizabeth Snyder

Age: 76

Estimated Net Worth: $800 Million

In the second state without a billionaire resident, Elizabeth Snyder stands on the highest pile of money. It's a fortune her family built on Gore-Tex (something her chemical engineer brother fell on in the lab one night when trying to stretch Teflon).

Image of chemist and entrepreneur Robert W. Gore - 2014Science History Institute, CC BY-SA 3.0, Wikimedia Commons

Florida: Jeff Bezos

Age: 60

Estimated Net Worth: $800 Million

With Jeff Bezos's move from Seattle back to his hometown of Miami, Washington State has a new richest person and—so does Florida. Because, as the second richest person in America, unless he'd moved to Elon Musk's state, Bezos was always going to be number one.

Jeff Bezos, founder of private space company Blue Origin and the Amazon.comVan Ha, Wikimedia Commons

Georgia: Dan Cathy

Age: 70

Estimated Net Worth: $10.6 Billion

Truett Cathy founded Chick-fil-A back in 1967 and his son Dan is the current chairman of the fried fast food company. His son Andrew took over CEO duties in 2021 and his brother Bubba is the executive vice president.

Dan Cathy attend the U.S. Soccer National Training Center announcementDerek White/USSF, Getty Images

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Hawaii: Pierre Omidyar

Age: 57

Estimated Net Worth: $10.5 Billion

Omidyar founded eBay back in 1995 and currently sits on the board of the company. Omidyar gifted over 9 million eBay shares per year between 2005 and 2020.

Image of Pierre Omidyar - 2007Joi 15:42, 2 August 2007 (UTC), CC BY 2.0, Wikimedia Commons

Idaho: Frank VanderSloot

Age: 76

Estimated Net Worth: $3.2 Billion

The richest resident of Idaho owns almost 150,000 acres of land across three states (Idaho, Utah, and Montana). He made the money to buy that land with his company, Melaleuca—which produces over 400 products that they sell direct to consumers: everything from health supplements to household cleaners.

Melaleuca CEO Frank Vandersloot - 2012Melaleuca, Inc., CC BY-SA 3.0, Wikimedia Commons

Illinois: Lukas Walton

Age: 38

Estimated Net Worth: $38.2 Billion

Yes, we've seen that last name before on this list. Lukas Walton is the grandson of Walmart founder Sam Walton and his fortune comes from the inheritance he took in when he tragically lost his father John (one of Sam's sons) in a 2005 plane crash.

Medal of Freedom for  Sam Walton in Bentonville, Arkansas - 1992George Bush Presidential Library and Museum, Wikimedia Commons

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Indiana: Carl Cook

Age: 62

Estimated Net Worth: $10.9 Billion

Carl Cook is the CEO of medical device manufacturer, Cook Group—a role he took on after his father passed in 2011.

Cook Medical in Denmark, part of William Cook Europe.Toxophilus, CC BY-SA 4.0, Wikimedia Commons

Iowa: Harry Stine

Age: 83

Estimated Net Worth: $10.2 Billion

The son of a farmer, Harry Stine turned his fascination with seeds into a multi-billion dollar business licensing corn and soybean genetics.

Scientist Planting SeedsThisIsEngineering, Pexels

Kansas: Charles Koch

Age: 89

Estimated Net Worth: $67.5 Billion

From pipelines to Dixie cups, Koch, Inc has their $100+ billion hand in a diversified number of businesses—and Charles Koch has been the chairman of that company since 1967.

Portrait of Charles Koch - 2019Gavin Peters, CC BY-SA 3.0, Wikimedia Commons

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Kentucky: Tamara Gustavson

Age: 63

Estimated Net Worth: $8.2 Billion

B Wayne Hughes (who passed away in 2021) co-founded the self-storage juggernaut, Public Storage back, in 1972—and his daughter Tamara is currently the company's largest shareholder.

Tamara Hughes Gustavson attend Live at The Music Center - 2023Randy Shropshire, Getty Images

Louisiana: Todd Graves

Age: 52

Estimated Net Worth: $9.5 Billion

While in college, Graves came up with the idea of a restaurant that served only chicken finger meals. He got the lowest grade in the class, but eventually that idea became Raising Cane's.

Todd Graves with dog - 2019Paytonb123, CC BY-SA 4.0, Wikimedia Commons

Maine: Susan Alfond

Age: 79

Estimated Net Worth: $3.4 Billion

Susan's father started the Dexter Shoe Company in 1958 and, in 1993, sold the company to Warren Buffett's Berkshire Hathaway for $420 million of stock. Now worth billions, Susan and her siblings inherited the fortune when their father passed.

Image of Susan Alfond of Scarborough - 2010Portland Press Herald, Getty Images

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Maryland: Annette Lerner

Age: 94

Estimated Net Worth: $5.7 Billion

In 1952, Lerner's 26-year-old husband Ted Lerner borrowed $250 from her to start a real estate company, selling homes for developers. Lerner Enterprises now owns tons of real estate in the Washington DC area and since 2006 the family has also owned the Washington Nationals baseball team. Lerner passed in 2023 and Annette and her children were the heirs to the estate.

Mark Lerner, poses with his mother, Annette Lerner - 2022The Washington Post , Getty Images

Massachusetts: Abigail Johnson

Age: 63

Estimated Net Worth: $36.9 Billion

Abigail Johnson's Grandfather Edward Johnson II founded Fidelity Investments in 1946 and in 2014 she took over the CEO position from her father. Her stake in the firm is estimated to be about 28.5%.

Abigail Johnson at Village Global in 2022Village Global, CC BY 2.0, Wikimedia Commons

Michigan: Daniel Gilbert

Age: 63

Estimated Net Worth: $22.4 Billion

The richest person in Michigan is the guy who owns the Cleveland Cavaliers. And where do the Cavs play? Rocket Mortgage FieldHouse, of course (formerly known as Quicken Loans Arena). And who co-founded Quicken Loans and took them public as Rocket Companies? Well, Daniel Gilbert, of course.

Dan Gilbert Chairman Of Quicken Loans And Majority Owner Of The Cleveland CavaliersCleveland Cavaliers, CC BY-SA 4.0, Wikimedia Commons

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Minnesota: Glen Taylor

Age: 83

Estimated Net Worth: $2.8 Billion

Taylor turned a $2 million wedding service business into Taylor Corp: A printing firm with over $2 billion in sales. Not bad.

Glen Taylor Chairman of the Board Taylor Corporation - 2022Gary Camarato, CC BY 4.0, Wikimedia Commons

Mississippi: Thomas And James Duff

Age: 68, 63

Estimated Net Worth: $2.8 Billion

The Duff brothers co-founded and co-own holding company Duff Capital Investors—with more than 20 businesses bringing in upwards of $5 billion.

Person Holding US Dollar BillsAukid phumsirichat, Pexels

Missouri: John Morris

Age: 76

Estimated Net Worth: $9.4 Billion

You know Bass Pro Shops? Well, you have John Morris to thank for that outdoor gear retail behemoth. He is the man who founded the company and is the CEO.

John Morris, founder of Bass Pro Shops - 2013LaVonda Walton; USFWS, Wikimedia Commons

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Montana: Dennis Washington

Age: 90

Estimated Net Worth: $7.4 Billion

Dennis Washington is the man behind Washington Companies, which has interests in copper mining, marine transportation, and heavy equipment businesses.

Dennis R. Washington - 2007FelixRo, CC BY 3.0, Wikimedia Commons

Nebraska: Warren Buffett

Age: 94

Estimated Net Worth: $146.2 Billion

Who else could stand atop Nebraska's money mountain other than the "Oracle of Omaha" himself? Maybe the greatest investor ever, Warren Buffett is an icon in the financial game and a true philanthropist—having promised to donate over 99% of his wealth.

Warren Buffett at the 2015 Select USA Investment SummitUSA International Trade Administration, Wikimedia Commons

Nevada: Miriam Adelson

Age: 79

Estimated Net Worth: $31.9 Billion

You knew that it was going to be casino money that topped the list in Las Vegas' state—and you were right. Miriam Adelson is the widow of former CEO and chairman of casino company Las Vegas Sands, Sheldon Adelson.

President Donald J. Trump Presents Medal Of Freedom To Miriam AdelsonThe White House, Wikimedia Commons

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New Hampshire: Rick Cohen

Age: 72

Estimated Net Worth: $14.6 Billion

You've probably never heard of the warehouse automation firm Symbotic—but it is the company started by New Hampshirite Rick Cohen, and the source of most of his billions.

Person holding smartphone with website of US robotics warehouse company Symbotic Inc. on screen with logo.T. Schneider, Shutterstock

New Jersey: Rocco Commisso

Age: 75

Estimated Net Worth: $6.2 Billion

The cable company Mediacom was founded by Rocco Commisso and he is the company's CEO. He's also the owner of Italian Serie A soccer team Fiorentina—which he bought back in 2019 for between $150-$200 million.

Corporate Headshot of Founder, Chairman & CEO of Mediacom Communications Corp. - 2007Mediacom communications corporation, CC BY-SA 3.0, Wikimedia Commons

New Mexico: Ron Corio

Age: 63

Estimated Net Worth: $1.7 Billion

Corio made his billions in solar with his company, Array Technologies. He is the state of New Mexico's first billionaire.

Two Electricians Walking near the Solar PanelsGustavo Fring, Pexels

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New York: Michael Bloomberg

Age: 82

Estimated Net Worth: $105.7 Billion

There are a lot of rich people in New York State—but none are as rich as Michael Bloomberg. He was also the mayor of New York City from 2002 to 2013.

Mike Bloomberg Headshot - 2015Bloomberg Philanthropies, Wikimedia Commons

North Carolina: James Goodnight

Age: 82

Estimated Net Worth: $10.8 Billion

Do you know SAS? Given that their software products are used by more than 80,000 organizations around the world—there's a good chance you do. Which is why the company is making billions in revenue every year and why its co-founder, James Goodnight, is the richest person in North Carolina.

Jim Goodnight, Chief Executive Officer, SAS, USA - 2006World Economic Forum from Cologny, Switzerland, CC BY-SA 2.0, Wikimedia Commons

North Dakota: Gary Tharaldson

Age: 79

Estimated Net Worth: $1.2 Billion

In 1982, Gary Tharaldson purchased his first Super 8 motel. Since then, he's gone on to build, own, and operate over 480 hotels.

Gary Tharaldson speaks with University of Mary student - 2018Jerry Anderson, CC BY-SA 4.0, Wikimedia Commons

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Ohio: Les Wexner

Age: 87

Estimated Net Worth: $7.9 Billion

Wexner started The Limited in 1963 and in 1982 he bought Victoria's Secret for $1 million. In 2020, he sold his stake in Victoria's Secret for $525 million. His L Brands company has had many other well-known retail brands under its umbrella over the years as well.

Leslie Wexner speaking Woodrow Wilson Award ceremony - 2008Union20, Wikimedia Commons

Oklahoma: Harold Hamm

Age: 79

Estimated Net Worth: $18.5 Billion

Continental Resources is one of the biggest independent oil companies in the country—and who founded it? None other than Harold Hamm.

Harold Hamm at the 2012 Time 100 gala.David Shankbone, CC BY 3.0, Wikimedia Commons

Oregon: Phil Knight

Age: 86

Estimated Net Worth: $33.7 Billion

Phil Knight co-founded Nike and was the company's chairman for 52 years until he retired from the position in 2016. He and his family own 20% of Nike (which made $51 billion in revenue in 2024).

Phil Knight watching the Oregon Ducks vs. the USC Trojans - 2010Neon Tommy, CC BY-SA 1.0, Wikimedia Commons

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Pennsylvania: Jeff Yass

Age: 66

Estimated Net Worth: $49.6 Billion

Yass became a pro gambler after graduating from university, before heading to the trading floor of the Pennsylvania Stock Exchange. In 1987, he co-founded Susquehanna International Group—which has become one of Wall Street's most successful trading firms.

Stock Exchange BoardPixabay, Pexels

Rhode Island: Jonathan Nelson

Age: 68

Estimated Net Worth: $3.4 Billion

Nelson founded private equity firm Providence Equity Partners in 1989 and has invested in more than 170 companies over the last three decades. He obviously made some good choices.

2010 WEF Jonathan M. NelsonWorld Economic Forum, CC BY-SA 2.0, Wikimedia Commons

South Carolina: Robert Faith

Age: 61

Estimated Net Worth: $5 Billion

Bob Faith is the founder, chairman, and CEO of Greystar—a global real estate firm with $320 billion in real estate across five continents.

Portrait of Bob Faith, CEO of Greystar Real Estate Partners - 2018World Economic Forum, CC BY-SA 2.0, Wikimedia Commons

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South Dakota: T Denny Sanford

Age: 89

Estimated Net Worth: $2.1 Billion

Sanford owns First Premier Bank—whose focus is offering credit cards to high-risk borrowers. He is a big philanthropist and has said that he wants to die broke.

T. Denny Sanford meets volunteers at Sanford Health in Sioux Falls, South DakotaJBarnes84, CC BY-SA 4.0, Wikimedia Commons

Tennessee: Thomas Frist, Jr

Age: 86

Estimated Net Worth: $26 Billion

Frist, Jr is a former Air Force flight surgeon and in 1968—along with his father—he founded Hospital Corp of America. They currently own and operate 186 hospitals and about 2,400 sites of care in 20 states and in the United Kingdom.

Thomas F. Frist Jr. – May, 2010Eagledj, CC BY-SA 4.0, Wikimedia Commons

Texas: Elon Musk

Age: 53

Estimated Net Worth: $431.4 Billion

As the current richest person in the world, wherever Musk resides, he is the richest person there.

Elon Musk at the 10th Annual Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures on April 13, 2024Kathy Hutchins, Shutterstock

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Utah: Gail Miller

Age: 81

Estimated Net Worth: $4.4 Billion

Gail and her husband Larry (who passed in 2009) turned one single Toyota dealership into the eighth-largest auto dealer group in the country—then she sold it in 2021 for $3.2 billion. They also bought the Utah Jazz in 1986 for $22 million and sold it for $1.66 billion in 2020.

Gail Miller at a speaking engagement at Salt Community College in 2022.Stephen Speckman, CC BY-SA 4.0, Wikimedia Commons

Vermont: John Abele

Age: 87

Estimated Net Worth: $1.9 Billion

In 1979, Abele co-founded the medical device developer Boston Scientific. In 1992, he took the company public. In 1996, he was listed on the Forbes 400 as a billionaire for the first time.

John Abele At The William And Flora Hewlett Foundation's Annual Oer MeetingSebastiaan ter Burg, CC BY 2.0, Wikimedia Commons

Virginia: Jacqueline Mars

Age: 85

Estimated Net Worth: $42.4 Billion

Yes, she is part of that Mars family, the one that makes the candy, and that her grandfather started back in 1911. Jacqueline owns about one-third of the Mars corporation.

Jacqueline Mars attend The International Debutante Ball - 2018Aurora Rose, Getty Images

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Washington: Bill Gates

Age: 69

Estimated Net Worth: $107.1 Billion

With Jeff Bezos' move to Florida, Bill Gates has moved up from number two and assumed the top spot in Washington State. It's crazy to think that someone worth $107.1 billion would ever be second on any state list. But that's what Amazon does to the little guys. Right?

Bill Gates during the signing of a partnership vaccination in the Sahel with France at french Ministry of Foreign affairFrederic Legrand - COMEO, Shutterstock

West Virginia: Brad Smith

Age: 60

Estimated Net Worth: $900 Million

And here we have the third and final state without a billionaire. Although, Brad Smith—the former CEO of Intuit—is getting pretty close.

Brad D. Smith At Web Summit 2014Web Summit, CC BY 2.0, Wikimedia Commons

Wisconsin: John Menard Jr

Age: 85

Estimated Net Worth: $25.3 Billion

Everyone knows Home Depot and Lowe's, but in the middle of the country, from Wyoming to West Virginia, one of the major competitors to those two giants is Menards—with over 340 stores and $13 billion in sales.

John Menard Jr. walks down pit lane - 2019Icon Sportswire, Getty Images

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Wyoming: John Mars

Age: 89

Estimated Net Worth: $42.4 Billion

Jacqueline Mars' older brother John Mars also owns one-third of the candy company. Although, not just candy anymore—as the Mars company is also a big time player in pet care with brands that include Pedigree and Whiskas.

Whiskas is a global brand of cat food produced by the American company Mars, IncMehaniq, Shutterstock


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Dear reader,


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