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Mapped: The Wealthiest Billionaire in Each U.S. State in 2021

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Check out the latest 2023 update of the wealthiest billionaire in every U.S. state.

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

Mapping the Wealthiest Billionaires in Each U.S. State

Check out the latest 2023 update of the wealthiest billionaire in every U.S. state.

It is a testament to the burgeoning wealth of the U.S. that there is a billionaire in nearly every U.S. state. The country is home to around 800 billionaires among its 330 million people.

This map from HowMuch.Net reveals the wealthiest billionaire in each U.S. state.

The Richest of the Rich

Billionaires are a constant across the United States. The only states that don’t house one of these high-net-worth individuals are: Alabama, New Mexico, North Dakota, Alaska, Vermont, New Hampshire, Rhode Island, and Delaware.

Here’s a further breakdown that shows the wealthiest billionaire in each U.S. state:

BillionaireNet Worth (Billions) State
Jeff Bezos$193.8Washington
Elon Musk$191.8Texas
Mark Zuckerberg $101.3California
Warren Buffet $87.6Nebraska
Jim Walton$67.5Arkansas
Michael Bloomberg$54.9New York
Phil Knight and Family $51.7Oregon
Daniel Gilbert $45.5Michigan
Charles Koch$44.9Kansas
John Mars$29.8Wyoming
Jacqueline Mars$28.9Virginia
Thomas Peterffy$22.9Florida
Pierre Omidyar$22.3Hawaii
Ernest Garcia II$18Arizona
Ray Dalio$16.9Connecticut
Ken Griffin$15Illinois
Abigail Johnson$15Massachusetts
Thomas First Jr. and Family$14.4Tennessee
John Menard Jr.$14.2Wisconsin
David Duffield$13.7Nevada
Carl Cook$10.5Indiana
Philip Anschutz$10.1Colorado
Tom and Judy Love$8.2Oklahoma
Jim Kennedy$8.2Georgia
Victoria Mars$7.2Pennsylvania
Rocco Commisso$6.9New Jersey
James Goodnight$6.5North Carolina
Mitchell Rales$6.5Maryland
Dennis Washington$6.2Montana
Les Wexner and Family$5.6Ohio
Harry Stine$5.4Iowa
Tamara Gustavson$5.3Kentucky
Pauline Macmillan Keinath$4.9Missouri
Frank VanderSloot$3.5Idaho
Gayle Benson$3.3Louisiana
Glen Taylor$2.5Minnesota
Jonathan Nelson$2Rhode Island
Anita Zucker$1.9South Carolina
Gail Miller$1.9 Utah
Susan Alfond$1.9Maine
T. Denny Sanford$1.6South Dakota
James Duff$1.4Mississippi
Jim Justice$1.2West Virginia

Among the richest of the rich in the U.S., most are men, but there are 10 female billionaires who are the wealthiest in their respective states.

Jeff Bezos is worth an astounding $193.8 billion. Amazon became increasingly successful during the pandemic, as lockdown orders caused many people to have to stay home and shop online rather than in stores.

The runner up, Elon Musk, is worth $191.8 billion. The recent boom in Elon Musk’s net worth was due to the sharp rise in Tesla’s share prices. Recently, Elon Musk shifted his residence to the state of Texas, a move which is indicative of a larger trend of internal migration away from America’s most pricey urban areas.

Mind the Gap

Many of these individuals have actually become more wealthy during the COVID-19 pandemic, widening the existing gap of wealth inequality within the country.

Together Jeff Bezos, Elon Musk, Mark Zuckerberg, Bill Gates, and Warren Buffet (the five richest American billionaires) experienced a collective 85% increase in their wealth since the pandemic took hold. This equates to an added $303 billion in wealth.

In contrast, the median wealth of American households is about $121,700, and due to COVID-19, there has been a rising inability to cover bills and a risk of mass home loss in the country.

Overall, while we rely on companies like Amazon for our socially-distanced shopping and Facebook to keep us connected during the pandemic, Jeff Bezos and Mark Zuckerberg will likely continue to accrue immense fortunes. The wealthiest billionaires in the U.S. are likely to continue growing their net worth, pandemic or not, and have been consistently outpacing the lower to upper-middle income groups.

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Personal Finance

Mapped: The Income a Family Needs to Live Comfortably in Every U.S. State

Families in expensive states require over $270,000 annually to live comfortably.

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A map showing the income that two working adults with two children need to live comfortably in each U.S. state.

The Income a Family Needs to Live Comfortably in Every U.S. State

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Families in the top five most expensive U.S. states require an annual income exceeding $270,000 to live comfortably.

This visualization illustrates the income necessary for two working adults with two children to maintain a comfortable lifestyle in each state.

“Comfortable” is defined as the income needed to cover a 50/30/20 budget, with 50% allocated to necessities like housing and utilities, 30% to discretionary spending, and 20% to savings or investments.

The calculations for family income needed in each state were done by SmartAsset, using the cost of necessities sourced from the MIT Living Wage Calculator, last updated on Feb. 14, 2024.

Massachusetts Tops the List

Massachusetts is the most expensive state to live comfortably in, requiring a total family income of about $301,184. Hawaii ($294,611) comes in second, followed by Connecticut ($279,885).

Housing is one main reason Massachusetts is an expensive state to live in, particularly in the Boston area. In addition, the state also has a high cost of living, including expenses such as healthcare and utilities.

RankStateIncome for 2 working adults raising 2 children
1Massachusetts$301,184
2Hawaii$294,611
3Connecticut$279,885
4New York$278,970
5California$276,723
6Colorado$264,992
7Washington$257,421
8Oregon$257,338
9New Jersey$251,181
10Rhode Island$249,267
11Vermont$248,352
12Minnesota$244,774
13New Hampshire$244,109
14Alaska$242,611
15Maryland$239,450
16Nevada$237,286
17Virginia$235,206
18Illinois$231,962
19Arizona$230,630
20Pennsylvania$230,464
21Maine$229,549
22Delaware$228,966
23Wisconsin$225,056
24Utah$218,483
25Michigan$214,490
26Nebraska$213,075
27Georgia$212,826
28Montana$211,411
28Iowa$211,411
30Idaho$211,245
31North Carolina$209,331
31Ohio$209,331
33Florida$209,082
34Indiana$206,003
35New Mexico$203,923
36Wyoming$203,424
37Missouri$202,259
38North Dakota$202,176
39Texas$201,344
40South Carolina$200,762
41Kansas$196,768
42Tennessee$195,770
43Oklahoma$194,106
44Alabama$193,606
45South Dakota$192,608
46Kentucky$190,112
47Louisiana$189,613
48West Virginia$189,363
49Arkansas$180,794
50Mississippi$177,798

Meanwhile, Mississippi is the least expensive state for a family to live comfortably, requiring $177,798 per year. Arkansas ($180,794) comes in second, followed by West Virginia ($189,363). In common, all these states share low prices of housing.

Learn More About Cost of Living From Visual Capitalist

If you enjoyed this post, be sure to check out this graphic, which ranks the median down payment for a house by U.S. state.

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