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The Richest Person In Every State 2023

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June 15, 2023

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Nearly every state in America is now home to at least one billionaire. For the first time since 2019, Forbes scoured the nation to find the richest person in every state and found billionaires living in 47, up from 44 the last time we looked.

There has been plenty of turnover in the past four years, with nearly a third of the country’s 50 states featuring a new face at the top. That includes Texas and Florida, now home to two of the world’s wealthiest political exiles, Elon Musk and Citadel’s Ken Griffin, both of whom claim to have left their former states for more business friendly (not to mention, lower tax) home bases.

Nine members of the list became billionaires over the last four years, including solar manufacturer Array Technologies founder Ron Corio, who is New Mexico’s first billionaire. Alabama, New Hampshire and Vermont also have a billionaire in residence this time around after previously not having one.

The only states still without a billionaire are Alaska, Delaware and West Virginia.

In the case of the latter, recently retired Intuit CEO Brad Smith, who moved back home to become president of Marshall University, tops the state’s governor, Jim Justice, who lost his billionaire status in 2021 due to heavy debts, as the Mountain State’s richest person.

It’s a tough list to make. Just ask Bill Gates, whose $116 billion net worth is still not enough to rank him as the wealthiest resident of Washington. Only five people on the planet are richer than Gates–unfortunately, one of them, Jeff Bezos, lives in the same town. The competition is particularly fierce in the four states with the most billionaires: more than 60% of the 775 billionaires who reside in the U.S. live in California (179), New York (130), Texas (73) and Florida (92).

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Guests & Subjects Covered

Elon MuskCitadels Ken GriffinArray TechnologiesRon CorioNew MexicosAlabama New HampshireAlaska DelawareWest Virginia In

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The Richest Person In Every State 2023 · Forbes · Sentinel