The Wealthiest Person in Every U.S. State and How They Got There

Some of the names on this list you’ll know right off the bat, while others are less well-known yet still leaders in their industries. Those industries cover a wide range from technology to retail to professional sports and everything in between.

The rankings on this list come from both an individual’s self-made wealth plus any inherited fortunes. The combined net worth of each state’s richest resident (including the states resulting in a tie) is over $800 billion. So here they are, the wealthiest individuals (or pairs) in each of the U.S. states (alphabetically by state):

ALABAMA: JIMMY RANE
Estimated Net Worth: $950 million
Industry: Lumber

Jimmy Rane is the CEO and founder of Great Southern Wood Preserving, a lumber company focused on making decks, fences, and other such products. He’s often known by his alter ego “the Yella Fella” after his appearances in his company’s YellaWood commercials.

ALASKA: JONATHAN RUBINI, LEONARD HYDE
Estimated Net Worth: $310 million each
Industry: Real Estate

Jonathan Rubini and Leonard Hyde are business partners in their massive real estate empire in Alaska (as well as owning a business park in Utah and a hotel in Florida). They each own 50% of the business.

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ARIZONA: MARK SHOEN
Estimated Net Worth: $3 billion
Industry: Storage and Moving

Mark Shoen owns just one-fifth of U-Haul, a company once owned by his father. Additionally, he’s also owner of one of the United States’ largest self-storage companies that partners with U-Haul.

ARKANSAS: JIM WALTON
Estimated Net Worth: $40.3 billion
Industry: Retail

Jim Walton is the son of Sam Walton, founder of retail giant Walmart. Together with other family members, they own about half of the total Walmart stock. He also takes care of the family’s assets worth more than $16 billion. 

CALIFORNIA: MARK ZUCKERBERG
Estimated Net Worth: $74 billion
Industry: Technology

Mark Zuckerberg started his technology business at the age of 19 while still a student at Harvard. That business is now a household name—Facebook. Today he acts as the company’s CEO and, since Facebook has since gone public, he also owns about 17% of the stock.

COLORADO: PHILIP ANSCHUTZ
Estimated Net Worth: $12.7 billion
Industry: Various

Philip Anschutz’s fortune comes from success in many different fields—telecommunications, real estate, oil, entertainment, and more. He’s currently the owner of a National Hockey League team, part owner of the NBA’s Los Angeles Lakers, and the Staples Center that both teams play in.

Finance

CONNECTICUT: RAY DALIO
Estimated Net Worth: $17.4 billion
Industry: Finance

Ray Dalio grew up in Long Island, New York and started messing around with the stock markets as young as age 12. Today, he is the founder of Bridgewater Associates, one of the world’s largest hedge fund firms.

DELAWARE: ROBERT GORE & ELIZABETH SNYDER
Estimated Net Worth: $750 million each
Industry: Fabric

Robert Gore and Elizabeth Snyder both made their fortunes from Gore-Tex, a type of lightweight and waterproof fabric used mostly in outdoor clothing and footwear. Robert was CEO of the company from 1976 to 2000.

FLORIDA: THOMAS PETERFFY
Estimated Net Worth: $25.7 billion
Industry: Finance

Thomas Peterffy is a Hungarian immigrant who came to America in 1965 completely broke. He went on to become a digital trading pioneer and CEO of a company called Interactive Brokers.

GEORGIA: JIM KENNEDY
Estimated Net Worth: $9 billion
Industry: Media

Jim Kennedy’s grandfather, James, founded Cox Enterprises in 1898 and today Jim is acting chairman. He shares ownership of the company with other family members and also holds a 25% stake in the company.

HAWAII: PIERRE OMIDYAR
Estimated Net Worth: $10.6 billion
Industry: Technology

Pierre Omidyar is best known for being the founded of the online auction site Ebay. He founded it in 1995 and today also co-owns resorts in southern California and Mexico. He only owns about 7% of Ebay at this time.

IDAHO: FRANK VANDERSLOOT
Estimated Net Worth: $3.4 billion
Industry: Wellness

Frank VanderSloot grew up working on a farm and now he is a significant landowner. He made his fortune after starting a company called Melaleuca which sells more than 400 health and wellness products direct from the factory to the consumer. 

ILLINOIS: KEN GRIFFIN
Estimated Net Worth: $9 billion
Industry: Finance

Ken Griffin founded a Chicago-based hedge fund company in 1990—a company that manages more than $30 billion in assets. He also owns Citadel Securities, a huge Wall Street market company.

INDIANA: CARL COOK
Estimated Net Worth: $8.2 billion
Industry: Medical

Carl Cook’s parents had their own medical device manufacturing company that they started in their small apartment in 1963—Cook Group—and he took over the company after the death of his father in 2011.

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IOWA: HARRY STINE
Estimated Net Worth: $3.2 billion
Industry: Agriculture

Like Frank VanderSloot, Harry Stine also grew up on a farm. Since then, he’s gone on to turn that knowledge into a business licensing soybean and corn genetics to companies like Syngenta and Monsanto. 

KANSAS: CHARLES KOCH
Estimated Net Worth: $51.5 billion
Industry: Various

Charles Koch is the current CEO and chairman of Koch Industries and has been since 1967. Koch industries makes its money from a variety of businesses including Dixie cups, Stainmaster carpet, chemicals, and more.

KENTUCKY: B. WAYNE HUGHES
Estimated Net Worth: $2.7 billion
Industry: Self-storage

B. Wayne Hughes has the self-storage giant Public Storage to thank for his inclusion on this list. Public Storage is the world’s largest self-storage company and has over 2,300 locations throughout Europe and the United States.

LOUISIANA: GAYLE BENSON
Estimated Net Worth: $2.7 billion
Industry: Sports

Gayle Benson’s husband Tom was the former owner of the New Orleans Saints of the NFL and the New Orleans Pelicans of the NBA. When he died in 2008, Gayle inherited both teams. 

MAINE: SUSAN ALFOND
Estimated Net Worth: $1.6 billion
Industry: Fashion

Like Gayle Benson, Susan Alfond’s (and her siblings’) wealth was inherited from her father who founded the Dexter Shoe Company in 1958. The company operated out of an old mill and produced millions of shoes and boots.

MARYLAND: TED LERNER
Estimated Net Worth: $5.1 billion
Industry: Real Estate

Ted Lerner’s real estate career began with a $250 loan back in 1952. He currently owns 20 million square feet of retail and commercial space, apartments, and hotels. He has also owned the Washington Nationals baseball team since 2006.

MASSACHUSETTS: ABIGAIL JOHNSON
Estimated Net Worth: $16.9 billion
Industry: Finance

Abigail Johnson’s grandfather founded the privately held mutual fund company Fidelity Investments and she became CEO in 2014 and chairman in 2016. She currently owns almost 25% stake in the business.

MICHIGAN: DAN GILBERT
Estimated Net Worth: $6.3 billion
Industry: Finance

In 1985, Dan Gilbert, along with a partner, founded the company that would eventually become Quicken Loans—the largest online mortgage lender. He sold the company in 1999 for $532 million and bought it back in 2002 for just $64 million.

MINNESOTA: GLEN TAYLOR
Estimated Net Worth: $2.8 billion
Industry: Printing

Glen Taylor made most of his money from a printing firm called Taylor Corp. but he didn’t stop there. He also owns stakes in the Minnesota Timberwolves of the NBA, he owns farmland in Iowa and Minnesota, and also owns the Minneapolis Star Tribune.

MISSISSIPPI: JAMES & THOMAS DUFF
Estimated Net Worth: $1.2 billion
Industry: Automotive

James and Thomas Duff are brothers who founded (in 2007) and currently co-own Duff Capital Investors. They also inherited Southern Tire Mart, a commercial tire dealer, from their father Ernest.

MISSOURI: PAULINE MACMILLAN KEINATH
Estimated Net Worth: $7.2 billion
Industry: Food

Pauline MacMillan Keinath has an estimated 12% stake in the largest food company in the world—Cargill. Her brother served as CEO of the company until 1995, a company founded by her grandfather in 1865.

MONTANA: DENNIS WASHINGTON
Estimated Net Worth: $5.9 billion
Industry: Construction

Dennis Washington owns a copper mine and railroads, started a company called Washington Construction, has an investment in a container ship company, and owns a company called Dominion Diamond.

NEBRASKA: WARREN BUFFETT
Estimated Net Worth: $85 billion
Industry: Finance

Warren Buffett is known as one of the most successful investors of all time and as one of the richest people in the world. He runs a company called Berkshire Hathaway that owns over 60 other companies including Duracell, Dairy Queen, and Geico insurance.

NEVADA: SHELDON ADELSON
Estimated Net Worth: $42.8 billion
Industry: Casinos

Sheldon Adelson is the chairman and CEO of Las Vegas Sands, a casino company earning him more than half of the $13 billion gambling industry. This is a shocking twist since he didn’t even get into the casino business until he was 55.

NEW HAMPSHIRE: ANDREA REIMANN-CIARDELLI
Estimated Net Worth: $1.1 billion
Industry: Consumer goods

Andrea Reimann-Ciardelli is heir to her family’s fortune—a fortune earned through the Luxembourg-based investment company JAB. JAB has holdings in Krispy Kreme, Panera Bread, Peet’s Coffee, and other big names.

NEW JERSEY: JOHN OVERDECK
Estimated Net Worth: $5.5 billion
Industry: Finance

John Overdeck is the co-founder of a data-driven hedge fund focused on predicting the prices of securities—Two Sigma Investments. That company also operates a venture capital firm and owns an insurance company.

NEW MEXICO: MACK C. CHASE
Estimated Net Worth: $700 million
Industry: Oil

Mack C. Chase’s fortune came from the ground—particularly from the Permian Basic oil fields in Texas and New Mexico. In 1979 he started a company called Marbob Energy that pumped wells in southeast New Mexico.

NEW YORK: DAVID KOCH
Estimated Net Worth: $51.5 billion
Industry: Various

Along with his brother Charles (the wealthiest individual in the state of Kansas), he owns the majority of Koch industries. Koch Industries produces fertilizer, Quilted Northern toilet paper, and Dixie cups, to name a few.

spending money wisely

NORTH CAROLINA: JAMES GOODNIGHT
Estimated Net Worth: $9.9 billion
Industry: Technology

James Goodnight founded a software company called SAS—a company whose products are currently used by more than 83,000 organizations around the world. He also co-owns a hotel and a country club.

NORTH DAKOTA: GARY THARALDSON
Estimated Net Worth: $900 million
Industry: Hotels

Gary Tharaldson has made his fortune in the hotel business after buying his first Super 8 motel in 1982. Twenty-four years later he would sell 130 of his hotels to Goldman Sachs for around $1.2 billion.

OHIO: LES WEXNER
Estimated Net Worth: $5.4 billion
Industry: Retail

Lex Wexner founded retail empire that includes companies like Bath & Body Works and Victoria’s Secret. Not only did he found them, he’s also one of the country’s longest-servings CEOs having been with the company for more than 50 years.

OKLAHOMA: HAROLD HAMM
Estimated Net Worth: $19.5 billion
Industry: Oil

Harold Hamm, the 13th child of sharecroppers in Oklahoma, runs one of the country’s biggest oil companies—Continental Resources. In 1971 he drilled his first well and in the 1990s revolutionized the oil industry with new techniques.

OREGON: PHIL KNIGHT
Estimated Net Worth: $30.7 billion
Industry: Sporting goods

Phil Knight is the founder of one of the most recognized brands in the entire world—Nike. He spent 52 years with the company he made that currently employs over 74,000 people in 52 countries.

PENNSYLVANIA: VICTORIA MARS
Estimated Net Worth: $6 billion
Industry: Various

Victoria Mars (along with her sisters) is the heir to her family’s company, the candy and pet food empire known as Mars Inc. When her father died in 2016 she inherited 8% of the company that is best known for bringing the world M&Ms, Skittles, and more.

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RHODE ISLAND: JONATHAN NELSON
Estimated Net Worth: $1.8 billion
Industry: Finance

Jonathan Nelson’s wealth comes from the company he founded in 1989—Providence Equity Partners. PEP is a private equity firm that has invested in over 180 companies in the information and communications industries.

SOUTH CAROLINA: ANITA ZUCKER
Estimated Net Worth: $2.5 billion
Industry: Chemicals

Anita Zucker is CEO of InterTech Group, a chemicals manufacturer based in Charleston, South Carolina. Her husband founded the company in 1982 but died in 2008. InterTech Group also owns extensive commercial real estate.

SOUTH DAKOTA: T. DENNY SANFORD
Estimated Net Worth: $2.5 billion
Industry: Finance

T. Denny Sanford is the owner of First Premier Bank, a bank based in Sioux Falls, South Dakota. The bank specializes in offering credit cards to high-risk applicants and has just twelve branches.

TENNESSEE: THOMAS FRIST JR.
Estimated Net Worth: $9.7 billion
Industry: Healthcare

Thomas Frist Jr. and his father founded Hospital Corp. of America in 1968. This company owns and operates hospitals and surgical centers in London and twenty U.S. states.

TEXAS: ALICE WALTON
Estimated Net Worth: $40 billion
Industry: Retail

Alice Walton (along with Arkansas’s richest resident) is the child of Sam Walton, founder of Walmart. However, unlike her siblings, she does not work for the family company, instead focuses on curating art.

UTAH: GAIL MILLER
Estimated Net Worth: $1.4 billion
Industry: Automotive

Gail Miller and her late husband started an automotive sales operation that currently includes 64 dealerships. She also owns the Utah Jazz of the NBA after she and her husband purchased it in 1986.  

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VERMONT: JOHN ABELE
Estimated Net Worth: $630 million
Industry: Health care

John Abele co-founded Boston Scientific in 1979—the medical device developer that helps produce less invasive medical treatments. The company went public in 1992 and Abele was listed as a billionaire shortly afterwards.

VIRGINIA: JACQUELINE MARS
Estimated Net Worth: $23.8 billion
Industry: Various

Like Pennsylvania’s richest resident, Jacqueline Mars also earns her fortune from the Mars candy company. She currently owns one third of the company with her brother John owning another and her brother Forrest Jr. as well until his death in 2016.

WASHINGTON: JEFF BEZOS
Estimated Net Worth: $132 billion
Industry: Technology

Jeff Bezos founded the online retail company Amazon in the garage of his Seattle home in 1994. Currently, he owns just 16% of the company but was Forbes’ first person to pass $150 billion in net worth. In 2013 he purchased the Washington Post.

WEST VIRGINIA: JIM JUSTICE II
Estimated Net Worth: $1.9 billion
Industry: Agriculture

Jim Justice II’s wealth comes inherited from the coal business of his father. Currently, he owns coal mines in five states and inn 2016 was elected as the governor of West Virginia.  

WISCONSIN: JOHN MENARD JR.
Estimated Net Worth: $10.5 billion
Industry: Home improvement

John Menard owns a home improvement retailer on par with Home Depot and Lowe’s that brings in an estimated $10 billion from his 300+ retail stores. These stores are concentrated in the center of the U.S.

WYOMING: JOHN MARS
Estimated Net Worth: $23.8 billion
Industry: Various

John Mars, like others on this list, inherited his piece of the Mars candy company to which he still owns a third. The company is primarily run by some of the siblings’ children. Besides candy, the company also produces Pedigree and Whiskas pet food and Uncle Ben’s rice.

Written by Worthly

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