Mapped: The Wealthiest Billionaire in Each U.S. State in 2022
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Mapped: The Wealthiest Billionaire in Each U.S. State in 2022

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Mapped: The Wealthiest Billionaire in Each U.S. State in 2022

The U.S. is home to over a quarter of the world’s billionaires, representing about 720 of the roughly 2,700 that exist globally.

While the country has more billionaires than any other, the U.S. share of global billionaires has actually been shrinking in recent decades. In 2010, about 40% of the world’s billionaire population lived in America⁠—and today, that number is closer to 27%.

But who is the richest billionaire in every American state in 2022? This graphic uses data from Forbes to find out.

The Richest of the Rich

The billionaires on this list have made their fortune in a wide range of industries, including tech, automobiles, asset management, and video games.

Jeff Bezos and Elon Musk have had their relative fortunes fluctuate in tandem with Amazon and Tesla stock prices in recent years. The volatility in share prices has meant they’ve each carried the title of the world’s wealthiest person at varying points.

RankNameNet Worth
($B)
Residence (State)
#1Elon Musk272.0Texas
#2Jeff Bezos167.6Washington
#3Larry Ellison109.5Hawaii
#4Warren Buffett105.2Nebraska
#5Larry Page103.8California
#6Michael Bloomberg76.8New York
#7Jim Walton62.7Arkansas
#8Charles Koch57.9Kansas
#9Phil Knight & Family44.8Oregon
#10Jacqueline Mars33.4Virginia
#11John Mars33.4Wyoming
#12Miriam Adelson28.5Nevada
#13Ken Griffin27.3Illinois
#14Ray Dalio22.0Connecticut
#15Daniel Gilbert21.8Michigan
#16Abigail Johnson21.5Massachusetts
#17Thomas Peterffy21.3Florida
#18Harold Hamm & family20.1Oklahoma
#19John Menard, Jr.18.6Wisconsin
#20Thomas Frist, Jr. & family18.2Tennessee
#21Jeff Yass12.0Pennsylvania
#22Philip Anschutz11.1Colorado
#23Carl Cook11.0Indiana
#24Bernard Marcus8.7Georgia
#25Pauline MacMillan Keinath8.6Missouri
#26Tamara Gustavson8.6Kentucky
#27Tim Sweeney7.6North Carolina
#28Harry Stine6.8Iowa
#29Dennis Washington6.6Montana
#30John Overdeck6.5New Jersey
#31Stephen Bisciotti5.9Maryland
#32Les Wexner & family5.7Ohio
#33Ernest Garcia, II.5.3Arizona
#34Gayle Benson3.9Louisiana
#35T. Denny Sanford3.4South Dakota
#36Frank VanderSloot3.0Idaho
#37Matthew Prince2.9Utah
#38Susan Alfond2.5Maine
#39Glen Taylor2.4Minnesota
#40Jonathan Nelson2.2Rhode Island
#41James Duff2.0Mississippi
#42Anita Zucker1.8South Carolina

Jeff Bezos previously had the top spot but now has a net worth of $162 billion. While he’s stepped down from the CEO role and has sold large amounts of Amazon stock, his ranking will likely still tie in closely to the company’s performance for the foreseeable future.

Elon Musk is the richest billionaire in Texas, however, he only recently became a resident of the state. His move is part of a broader migration trend occurring in the U.S. today, where California is experiencing a population decline for the first time ever. Last year, 68% of counties in California saw population declines, and data from the U.S. Census Bureau suggests many of these Americans opted for states like Florida and Texas.

RegionNet Domestic Migration 2019-2020Net Domestic Migration 2020-2021
Northeast-315,166-399,638
Midwest-207,685-123,103
South+503,502+657,682
West19,349-144,941

Between 2019 to 2021, the South is the only region that saw positive net flows of over a million people, while the Northeast, Midwest, and West all saw declines.

Warren Buffett, the “Oracle of Omaha,” is the richest billionaire in Nebraska by a wide margin, with a net worth of $105 billion. Despite the stock market experiencing one of its worst starts to the year historically, Buffett’s net worth has been surprisingly steady.

This might be due to value assets rotating back into fashion in favor of growth and tech themes this year. Also, historically Buffett has been bullish in environments where fear and negative sentiment reflect through lower asset prices.

Female Billionaires

There are eight different women that hold the title of richest billionaire in their state.

Tamara Gustavson is Public Storage’s largest shareholder, with an 11% stake in the company, valued at $60 billion on the New York Stock Exchange. In addition, she acts as the director of the company and is the daughter of founder B. Wayne Hughes, who recently passed away last year. Incredibly, Public Storage operates more than 170 million square feet of real estate.

Abigail Johnson and Jacqueline Mars were featured on our infographic showing the richest women in the world last year. Johnson has served as CEO of top asset manager Fidelity, which her grandfather Edward Johnson founded. And Jacqueline Mars is part of the Mars family, which owns the world’s largest candy maker.

Big Disparities

The U.S. wealth landscape is one of extremes. On one end, there are ample opportunities to earn substantial wealth, but on the other, wealth inequality and income disparity are higher than many other peer countries.

This productivity and hustle-oriented culture suggests that while there isn’t a billionaire in every state in 2022, it seems like it’s only a matter of time before the likes of Alabama, New Mexico, and North Dakota add a billionaire to their ranks.

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Visualized: The Security Features of American Money

How can you tell a fake $100 bill from a real one? In this visual we break down the anatomy and security features of American money.

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American money

Visualized: The Security Features of of American Money

In 1739, Benjamin Franklin sought to tackle the issue of counterfeit money in America, using a printing press and leaves to create unique raised patterns on the colonial notes.

Almost 300 years later, Benjamin Franklin is the face of the U.S. $100 bill, and it is protected by a myriad of security features including secret images, special ink, hidden watermarks, and magnetic signatures, among others.

In this visual, we’ve broken down the $100 bill to showcase the anatomy of American currency.

The Makeup of American Money

There are 6 key features that identify real bills and protect the falsification of American money.

① Serial Numbers & EURion Constellation

The most basic form of security on an $100 bill is the serial number. Every bill has a unique number to record data on its production and keep track of how many individual bills are in circulation.

The EURion constellation is star-like grouping of yellow rings near the serial number. It is only detectable by imaging software.

② Color Changing Ink

This ink changes color at different angles thanks to small metallic flakes within the ink itself. The $100 bill, like all other paper bills in the U.S., has its value denoted in color changing ink on the bottom right-hand corner; unlike other bills, it also features a liberty bell image using the ink.

③ Microprinting

Microprinting allows for verifiable images that cannot be scanned by photocopiers or seen by the naked eye. The $100 bill has phrases like “USA 100” written invisibly in multiple places.

④ Intaglio Printing

Rather than regular ink pressed onto the paper, intaglio printing uses magnetic ink and every different bill value has a unique magnetic signature.

⑤ Security Threads & 3D Ribbons

The security thread is a clear, embedded, vertical thread running through the bill. It can only be seen under UV light, contains microprinted text specifying the bill’s value, and on each different bill value it glows a unique color.

Additionally, 3D ribbons are placed in the center of $100 bills with a pattern that slightly changes as it moves.

⑥ Paper, Fibers, & Watermarks

Because American money is made of cotton and linen, blue and red cloth fibers are woven into the material as another identifying feature. Finally, watermarks are found on most bills and can only be detected by light passing through the bill.

The Relevance of Cash

Here’s a look at the total number of each paper bill that is physically in circulation in the U.S.:

Physical Bill Billions of notes (2021)
$114.0
$21.4
$53.4
$102.3
$2011.9
$502.5
$10017.7
$500-$10,0000.0004
Total53.2

Interestingly, a number of $500-$10,000 dollar bills are in someone’s pockets. And while they are not issued anymore, the Fed still recognizes the originals of these bills that were legally put into circulation in the past.

$10,000 U.S. note (1934 series)

A $10,000 Federal Reserve Note (1934)

Additionally, there is fake money passing hands in the U.S. economy. Being the most widely-accepted currency in the world, it’s no wonder many try to falsely replicate American money. According to the U.S. Department of Treasury, there are approximately $70 million in counterfeit bills currently circulating in the country.

Finally, a natural question arises: how many people still use cash anyways?

Well, a study from Pew Research Center found that it while it is a dwindling share of the population, around 58% of people still use cash for some to all of their weekly purchases, down from 70% in 2018 and 75% in 2015.

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Ranked: The World’s Richest Billionaires Over the Past 10 Years

This visualization looks at the ballooning wealth and ranking of the top 10 billionaires over the past 10 years.

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Ranked: The World’s Richest Billionaires Over the Past 10 Years

The last decade has seen a number of changes in the world’s richest billionaires list.

For one, there are new faces at the top of the leaderboard that were never there before. One of the most obvious changes though, is that the richest billionaires have accumulated a lot more wealth in recent years.

Using annual data from Forbes on the richest billionaires, we’ve visualized the wealth and ranking of the top 10 billionaires over the past decade.

Who are the World’s Richest Billionaires?

While the pecking order has fluctuated, the leaderboard remains very exclusive. Out of a possible 10 spots, there are only 19 individuals that have made the list over the last decade.

Here’s the current list of richest billionaires in 2022, including when they first made the list (if in the last decade):

RankNameCountryNet Worth (2022)First Year on List*
#1Elon Musk🇺🇸 U.S.$219 billion2021
#2Jeff Bezos🇺🇸 U.S.$171 billion2016
#3Bernard Arnault🇫🇷 France$158 billion-
#4Bill Gates🇺🇸 U.S.$129 billion-
#5Warren Buffett🇺🇸 U.S.$118 billion-
#6Larry Page🇺🇸 U.S.$111 billion2019
#7Sergey Brin🇺🇸 U.S.$107 billion2021
#8Larry Ellison🇺🇸 U.S.$106 billion-
#9Steve Ballmer🇺🇸 U.S.$91 billion2020
#10Mukesh Ambani🇮🇳 India$91 billion-

*Billionaires with “-” first made the list at an earlier date. Example: Mukesh Ambani made the 2008 list.

Microsoft co-founder turned philanthropist, Bill Gates, is a perennial presence at the top of these lists. Gates is currently at his lowest rank over this time period, but is still in fourth spot. The billionaire has pledged to give away nearly all of his fortune to the eponymously named Bill & Melinda Gates Foundation.

From 2018 to 2021, Jeff Bezos sat at the top of the world’s richest people ranking, only to be bumped out by Elon Musk. In 2020, Bezos became the first person to amass a $200 billion fortune after Amazon’s stock price surged during the pandemic. In recent months, Bezos’ net worth has taken a hit as Amazon’s share price has fallen back down to Earth.

Today, Elon Musk is the world’s richest person.

The Rich Get Richer

Over time, the median net worth of the richest billionaires has grown significantly.

YearMedian Net Worth of Top 10 Billionaires
2013$39 billion
2014$44 billion
2015$49 billion
2016$45 billion
2017$56 billion
2018$71 billion
2019$64 billion
2020$68 billion
2021$97 billion
2022$115 billion

Most fortunes are held in the form of business equity, real estate, and publicly-traded stocks—all asset classes that have benefited from the era of cheap money and ultra-low interest rates.

Over the decade period, the median net worth of the top 10 billionaires has nearly tripled from $39 billion to $115 billion.

In fact, the first billionaire to pass the $100 billion threshold was Jeff Bezos in 2018, when he took the top spot on the list from Bill Gates. However, now all but two on the top 10 wealthiest list are centibillionaires.

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