Wealth-X, an information research firm of ultra high-net worth individuals worth over $30 million, came up with the official list of the richest person in each state of America based on the primary business location for the individual and not residence. The majority in Wealth-X‘s list are men and in business.
The ultra high-net worth population is spread all throughout USA, often living close to the companies they founded. Microsoft’s Bill Gates, the country’s wealthiest individual and the world’s most generous, remains to be a resident of the state of Washington – the home of Microsoft.
Wealth-X president David Friedman said that the list of the wealthiest individuals in the U.S. shifts frequently, as economic and business conditions can change net worth drastically. According to him, they do a bottom-up report instead of a top down approach, researching the “granularity” of each person in the list, which can reinvent the way the ultra-wealthy donate and invest.
Below’s the list of the richest person in each state, as compiled by Wealth-X.
WASHINGTON
Bill Gates: $64.5 billion
Microsoft chairman, co-chair of Bill and Melinda Gates Foundation
NEBRASKA
Warren Buffett: $49.6 billion
Chairman and CEO of Berkshire Hathaway
CALIFORNIA
Lawrence Ellison: $41.1 billion
CEO of Oracle Corp.
ARKANSAS
James Walton: $33.6 billion
Chairman of Arvest Bank, son of Walmart founder, Sam Walton
KANSAS
David Koch: $32.1 billion
Vice-chairman of Koch Industries
NEW YORK
Michael Bloomberg: $24.8 billion
New York City Mayor and owner of Bloomberg LP
NEVADA
Sheldon Adelson: $20.2 billion
Chairman and CEO of Las Vegas Sands
VIRGINIA
Forrest Mars, Jr.: $17 billion
Part-owner of Mars candy company and grandson of the late Frank C. Mars
TEXAS
Michael Dell: $14 billion
CEO of Dell Inc.
OREGON
Philip Knight: $13 billion
Chairman of Nike Inc.
MASSACHUSETTS
Abigail Johnson: $11.9 billion
President, Fidelity Financial Services
GEORGIA
Anne Cox Chambers: $11.2 billion
Member of Cox Enterprises’ board of directors, chairwoman of Atlanta Newspapers
CONNECTICUT
Raymond Dalio: $10 billion
Founder of Bridgewater Associates LP
OKLAHOMA
George Kaiser: $10 billion
Chairman of BOK Financial
COLORADO
Charles Ergen: $8.3 billion
Founder and chairman of DISH Network
PENNSYLVANIA
Hansjorg Wyss: $7.7 billion
Chairman of Swiss medical device manufacturer Synthes Holding AG
NORTH CAROLINA
James Goodnight: $7.4 billion
CEO of SAS Institute
WISCONSIN
John Menard, Jr.: $6 billion
Founder and owner of home-improvement retailer Menard Inc.
NEW JERSEY
David Tepper: $5.2 billion
President and founder of Appaloosa Management
MICHIGAN
Richard DeVos Sr.: $5.1 billion
Co-founder of Amway and owner of the Orlando Magic
MONTANA
Dennis Washington: $5 billion
Founder of The Washington Companies and co-founder of the Dennis and Phyllis Washington Foundation
OHIO
Leslie Wexner: $4.5 billion
Chairman and CEO of Limited Brands
ARIZONA
Bruce Halle Sr.: $4 billion
Founder of Discount Tires
FLORIDA
Joseph Lewis: $3.9 billion
Founder of Tavistock Group and owner of Tottenham Hotspur soccer team in England
ILLINOIS
Samuel Zell: $3.9 billion
Founder of Equity Residential
MARYLAND
Theodore Lerner: $3.9 billion
Founder of real estate firm Lerner Enterprises
MINNESOTA
Pauline Keinath: $3.7 billion
Part-owner of Cargill Inc. and great-granddaughter of founder W. W. Cargill
INDIANA
Gayle Cook: $3.4 billion
Member of board of directors of medical device firm Cook Group
TENNESSEE
Thomas Frist, Jr.: $3 billion
Founder of HCA, the Hospital Corporation of America
UTAH
Robert Earl Holding: $2.7 billion
Owner of Sinclair Oil
MISSISSIPPI
Leslie Lampton: $2.4 billion
Founder of Ergon Inc.
SOUTH CAROLINA
Anita Zucker: $2.2 billion
Chairwoman and CEO of chemical manufacturer InterTech Group
RHODE ISLAND
Jonathan Nelson: $1.6 billion
CEO of Providence Equity Partners
MISSOURI
Christopher Cline: $1.5 billion
Founder of Foresight Energy
WEST VIRGINIA
James Justice II: $1.5 billion
Owner of the coal mining Justice Companies
ALABAMA
Marguerite Harbert: $1.4 billion
Widow of the late construction and energy mogul, John Murdoch Harbert III
LOUISIANA
Thomas Benson: $1.3 billion
Owner of New Orleans Saints and New Orleans Hornets
SOUTH DAKOTA
T. Denny Sanford: $1.3 billion
Owner of First Premier Bank and board co-chair of Sanford Consortium
IDAHO
Frank VanderSloot: $1.2 billion
CEO of Melaleuca
KENTUCKY
Bradley Wayne Hughes: $1.1 billion
Founder of Public Storage
IOWA
Dennis Albaugh: $1 billion
Founder of Albaugh Inc.
NORTH DAKOTA
Gary Tharaldson: $900 million
Founder of the Tharaldson Companies
MAINE
Leon Gorman: $860 million
Chairman of L.L. Bean
DELAWARE
Robert Gore: $830 million
Founder of materials and manufacturing company W.L. Gore & Associates
NEW MEXICO
Peyton Yates, Jr.: $760 million
President of Yates Petroleum Corp.
ALASKA
Robert Gillam: $690 million
President and CEO of McKinley Capital Management LLC
HAWAII
Jay Shidler: $680 million
Founder of the real estate company The Shidler Group
NEW HAMPSHIRE
Martin Trust: $600 million
President of Brandot International, formerly president and CEO of MAST Industries
VERMONT
Robert Stiller: $580 million
Founder of Green Mountain Coffee
WYOMING
John Martin: $210 million
Chairman and CEO of Gilead Sciences
