Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art in New York on May 2, 2022. (Dimitrios Kambouris/Getty Images for The Met Museum/Vogue)
As of 2023, the United States still boasts the most billionaires with 775 list members, according to Forbes, which released its list of the wealthiest people in the country for the first time since 2019 on June 15.
Nearly every state has a billionaire resident, according to the report. However, four states make up 60 percent of billionaires in the United States as of June 12: California (179), New York (130), Texas (73), and Florida (92). As of June 2023, only three states are without a billionaire: Alaska, Delaware, and West Virginia. Nearly two-thirds of these billionaires and cent millionaires are self-made, while the rest inherited their fortunes, according to Forbes.
The youngest person on the list is Illinois’ 36-year-old Lukas Walton, who gained his wealth as part of the family that owns Walmart, while the oldest billionaire is 93-year-old Annette Lerner of Maryland, the widow of Washington Nationals owner Ted Lerner.
Additionally, the five richest people in the report are Elon Musk ($230 billion), Jeff Bezos ($149 billion), Larry Ellison ($146 billion), Warren Buffett ($117 billion), and Larry Page ($105 billion). Furthermore, the top 10 billionaires have a combined net worth of over $1 trillion, which is more than the total GDP of many countries.
Elon Musk, who has recently regained the title of world’s richest person, according to the latest Bloomberg Billionaires Index ranking, has been in and out of the No. 1 spot on the Bloomberg index in recent years.
Worldwide, the number of billionaires fell from 2,668 in 2022 to 2,640 this year. The United States is followed by China (495), India (169), and Germany (126).
Here are the richest residents of each state, according to a real-time list from Forbes, as of June 12:
- Alabama: Jimmy Rane with $1.2 billion.
- Alaska: Jonathan Rubini & Leonard Hyde with $400 million.
- Arizona: Arturo Moreno with $4.8 billion.
- Arkansas: Jim Walton with $64.4 billion.
- California: Larry Page with $105 billion.
- Colorado: Philip Anschutz with $10.8 billion.
- Connecticut: Ray Dalio with $19.1 billion.
- Delaware: Elizabeth Snyder with $900 million.
- Florida: Ken Griffin with $32.7 billion.
- Georgia: Dan Cathy, Bubba Cathy & Trudy Cathy White with $11 billion.
- Hawaii: Larry Ellison with $146 billion.
- Idaho: Frank VanderSloot with $3.2 billion.
- Illinois: Lukas Walton with $22.9 billion.
- Indiana: Carl Cook with $10.3 billion.
- Iowa: Harry Stine with $6.9 billion.
- Kansas: Charles Koch with $56.9 billion.
- Kentucky: Tamara Gustavson with $7.3 billion.
- Louisiana: Gayle Benson with $4.7 billion.
- Maine: Susan Alfond with $2.7 billion.
- Maryland: Annette Lerner & family with $6.3 billion.
- Massachusetts: Abigail Johnson with $21 billion.
- Michigan: Daniel Gilbert with $19.5 billion.
- Minnesota: Glen Taylor with $2.6 billion.
- Mississippi: Thomas Duff & James Duff with $2.3 billion.
- Missouri: John Morris with $8.3 billion.
- Montana: Dennis Washington with $6.4 billion.
- Nebraska: Warren Buffett with $117 billion.
- Nevada: Miriam Adelson & family with $36.2 billion.
- New Hampshire: Rick Cohen & family with $18.8 billion.
- New Jersey: Rocco Commisso with $8 billion.
- New Mexico: Ron Corio with $1.7 billion.
- New York: Michael Bloomberg with $94.5 billion.
- North Carolina: James Goodnight with $9.3 billion.
- North Dakota: Gary Tharaldson with $1.2 billion.
- Ohio: Les Wexner & family with $6 billion.
- Oklahoma: Harold Hamm & family with $18.5 billion.
- Oregon: Phil Knight & family with $41.8 billion.
- Pennsylvania: Jeff Yass with $28.5 billion.
- Rhode Island: Jonathan Nelson with $3.1 billion.
- South Carolina: Robert Faith with $5.2 billion.
- South Dakota: T. Denny Sanford with $2 billion.
- Tennessee: Thomas Frist Jr & family with $22.3 billion.
- Texas: Elon Musk with $230 billion.
- Utah: Gail Miller with $4.2 billion.
- Vermont: John Abele with $1.9 billion.
- Virginia: Jacqueline Mars with $39.4 billion.
- Washington: Jeff Bezos with $149 billion.
- West Virginia: Brad Smith with $700 million.
- Wisconsin: John Menard Jr. with $18.1 billion.
- Wyoming: John Mars with $39.4 billion.
Property: Jane Nguyen