Why are there so many billionaires in the US? - Answers (2024)

Because we have the most freedom and opportunity.

Maybe contact the Billionaires and ask them why do they think that about a third of United States Dollar Based Billionaires on the Planet Earth reside in the USA.

This is the latest list according to Forbes which is regarded as the International Official List :

FORBES 2011 RICH LIST AS FOR THE United States of America

ACCORDING TO RESIDENCE AND SPECIFIC STATE IN THE UNITED STATES OF AMERICA

Rank Name Net Worth Age Residence Source

242 Bennett Dorrance

Bennett Dorrance

$1.8 B 65 Paradise Valley, Arizona Campbell Soup

96 Bruce Halle

Bruce Halle

$3.4 B 81 Paradise Valley, Arizona Discount Tire

372 Peter Sperling

Peter Sperling

$1.15 B 51 Phoenix, Arizona education

293 Bob Parsons

Bob Parsons

$1.5 B 60 Scottsdale, Arizona web hosting

11 S. Robson Walton

S. Robson Walton

$20.5 B 67 Bentonville, Arkansas Wal-Mart

9 Jim Walton

Jim Walton

$21.1 B 63 Bentonville, Arkansas Wal-Mart

312 Johnelle Hunt

Johnelle Hunt

$1.4 B 79 Fayetteville, Arkansas trucking

130 Warren Stephens

Warren Stephens

$2.8 B 54 Little Rock, Arkansas investment banking

375 Mark Stevens

Mark Stevens

$1.1 B 51 Atherton, California venture capital

331 Meg Whitman

Meg Whitman

$1.3 B 55 Atherton, California Ebay

107 John A. Sobrato

John A. Sobrato

$3.2 B 72 Atherton, California real estate

96 George Roberts

George Roberts

$3.4 B 68 Atherton, California leveraged buyouts

91 Charles Schwab

Charles Schwab

$3.5 B 74 Atherton, California discount brokerage

50 Eric Schmidt

Eric Schmidt

$6.2 B 56 Atherton, California Google

171 A. Jerrold Perenchio

A. Jerrold Perenchio

$2.3 B 80 Bel Air, California television

359 Alan Casden

Alan Casden

$1.2 B 65 Beverly Hills, California real estate

293 Donald Sterling

Donald Sterling

$1.5 B 75 Beverly Hills, California Real Estate

227 Alec Gores

Alec Gores

$1.9 B 58 Beverly Hills, California private equity

212 Stewart and Lynda Resnick

Stewart and Lynda Resnick

$2 B - Beverly Hills, California agriculture, water

171 Nicolas Berggruen

Nicolas Berggruen

$2.3 B 50 Beverly Hills, California investments

159 Tom Gores

Tom Gores

$2.5 B 47 Beverly Hills, California private equity

128 Haim Saban

Haim Saban

$2.9 B 66 Beverly Hills, California television

117 Kirk Kerkorian

Kirk Kerkorian

$3 B 94 Beverly Hills, California casinos, investments

107 Steven Udvar-Hazy

Steven Udvar-Hazy

$3.2 B 65 Beverly Hills, California aircraft leasing

88 Jin Sook & Do Won Chang

Jin Sook & Do Won Chang

$3.6 B 56 Beverly Hills, California retail

80 Sumner Redstone

Sumner Redstone

$4.1 B 88 Beverly Hills, California Viacom

331 David Duffield

David Duffield

$1.3 B 71 Blackhawk, California PeopleSoft

69 Rupert Johnson

Rupert Johnson

$4.5 B 70 Burlingame, California Franklin Resources

72 Charles Johnson

Charles Johnson

$4.4 B 78 Hillsborough, California financial services

150 Cargill MacMillan

Cargill MacMillan

$2.6 B 84 Indian Wells, California Cargill Inc.

130 David Sun

David Sun

$2.8 B 59 Irvine, California information technology

372 Irwin Jacobs

Irwin Jacobs

$1.15 B 77 La Jolla, California Qualcomm

188 Bill Gross

Bill Gross

$2.2 B 67 Laguna Beach, California investments

139 Jeffrey Skoll

Jeffrey Skoll

$2.7 B 46 Los Altos, California Ebay

15 Sergey Brin

Sergey Brin

$16.7 B 38 Los Altos, California Google

375 Jerry Yang

Jerry Yang

$1.1 B 42 Los Altos Hills, California Yahoo

375 George Joseph

George Joseph

$1.1 B 90 Los Angeles, California insurance

375 Thomas Barrack

Thomas Barrack

$1.1 B 64 Los Angeles, California Colony Capital

312 Gary Michelson

Gary Michelson

$1.4 B 62 Los Angeles, California medical patents

273 Howard Marks

Howard Marks

$1.6 B 65 Los Angeles, California money management

273 Bruce Karsh

Bruce Karsh

$1.6 B 56 Los Angeles, California money management

227 David Hearst

David Hearst

$1.9 B 66 Los Angeles, California Hearst Corp

200 Edward Roski

Edward Roski

$2.1 B 72 Los Angeles, California real estate

200 Michael Milken

Michael Milken

$2.1 B 65 Los Angeles, California investments

159 Anthony Pritzker

Anthony Pritzker

$2.5 B 50 Los Angeles, California hotels, investments

139 David Murdock

David Murdock

$2.7 B 88 Los Angeles, California Dole, real estate

48 Eli Broad

Eli Broad

$6.3 B 78 Los Angeles, California investments

39 Patrick Soon-Shiong

Patrick Soon-Shiong

$7 B 59 Los Angeles, California generic drugs

171 Tamara Gustavson

Tamara Gustavson

$2.3 B 49 Malibu, California self storage

58 David Geffen

David Geffen

$5.5 B 68 Malibu, California movies, music

273 Daniel Pritzker

Daniel Pritzker

$1.6 B 52 Marin County, California hotels, investments

273 Kavitark Ram Shriram

Kavitark Ram Shriram

$1.6 B 54 Menlo Park, California Venture capital, Google

263 Henry Samueli

Henry Samueli

$1.7 B 57 Newport Beach, California semiconductors

260 George Argyros

George Argyros

$1.75 B 74 Newport Beach, California real estate, investments

26 Donald Bren

Donald Bren

$12 B 79 Newport Beach, California real estate

331 Henry Nicholas

Henry Nicholas

$1.3 B 51 Newport Coast, California semiconductors

117 Steven Spielberg

Steven Spielberg

$3 B 64 Pacific Palisades, California movies

375 David Filo

David Filo

$1.1 B 45 Palo Alto, California Yahoo

293 Reid Hoffman

Reid Hoffman

$1.5 B 44 Palo Alto, California LinkedIn

227 Richard Peery

Richard Peery

$1.9 B 72 Palo Alto, California real estate

212 Romesh T. Wadhwani

Romesh T. Wadhwani

$2 B 64 Palo Alto, California Software

39 Steve Jobs

Steve Jobs

$7 B 56 Palo Alto, California Apple, Pixar

15 Larry Page

Larry Page

$16.7 B 38 Palo Alto, California Google

14 Mark Zuckerberg

Mark Zuckerberg

$17.5 B 27 Palo Alto, California Facebook

227 George Hearst

George Hearst

$1.9 B 84 Paso Robles, California Hearst Corp

331 Vinod Khosla

Vinod Khosla

$1.3 B 56 Portola Valley, California venture capital

242 John Arrillaga

John Arrillaga

$1.8 B 74 Portola Valley, California real estate

150 Archie Aldis Emmerson

Archie Aldis Emmerson

$2.6 B 82 Redding, California timberland, lumber mills

188 Jack Dangermond

Jack Dangermond

$2.2 B 66 Redlands, California mapping software

130 John Tu

John Tu

$2.8 B 70 Rolling Hills, California information technology

107 George Lucas

George Lucas

$3.2 B 67 San Anselmo, California Star Wars

331 Charles Brandes

Charles Brandes

$1.3 B 68 San Diego, California money management

331 Thomas Steyer

Thomas Steyer

$1.3 B 54 San Francisco, California hedge funds

293 John Fisher

John Fisher

$1.5 B 50 San Francisco, California Gap

293 Peter Thiel

Peter Thiel

$1.5 B 43 San Francisco, California Paypal, Facebook

273 Michael Moritz

Michael Moritz

$1.6 B 57 San Francisco, California venture capital

227 John Pritzker

John Pritzker

$1.9 B 58 San Francisco, California hotels, investments

227 Marc Benioff

Marc Benioff

$1.9 B 46 San Francisco, California business software

227 Phoebe Hearst Cooke

Phoebe Hearst Cooke

$1.9 B 84 San Francisco, California Hearst Corp

227 James Coulter

James Coulter

$1.9 B 51 San Francisco, California leveraged buyouts

212 Doris Fisher

Doris Fisher

$2 B 80 San Francisco, California Gap

212 Mark Pincus

Mark Pincus

$2 B 45 San Francisco, California online gaming

212 Gordon Getty

Gordon Getty

$2 B 77 San Francisco, California Getty Oil

188 William Randolph Hearst

William Randolph Hearst

$2.2 B 62 San Francisco, California Hearst Corp

166 Ray Dolby

Ray Dolby

$2.4 B 78 San Francisco, California Dolby Laboratories

117 Stephen Bechtel

Stephen Bechtel

$3 B 86 San Francisco, California engineering, construction

117 Riley Bechtel

Riley Bechtel

$3 B 59 San Francisco, California engineering, construction

91 Dustin Moskovitz

Dustin Moskovitz

$3.5 B 27 San Francisco, California Facebook

375 Alexander Spanos

Alexander Spanos

$1.1 B 87 Stockton, California real estate

375 Jim Breyer

Jim Breyer

$1.1 B 50 Woodside, California Venture Capital

331 Scott Cook

Scott Cook

$1.3 B 59 Woodside, California Intuit

263 Ken Fisher

Ken Fisher

$1.7 B 60 Woodside, California Money management

242 Thomas Siebel

Thomas Siebel

$1.8 B 58 Woodside, California business software

171 John Doerr

John Doerr

$2.3 B 60 Woodside, California venture capital

86 Gordon Moore

Gordon Moore

$3.7 B 82 Woodside, California Intel

3 Larry Ellison

Larry Ellison

$33 B 67 Woodside, California Oracle

46 Charles Ergen

Charles Ergen

$6.4 B 58 Denver, Colorado EchoStar

39 Philip Anschutz

Philip Anschutz

$7 B 71 Denver, Colorado investments

69 John Malone

John Malone

$4.5 B 70 Elizabeth, Colorado cable television

331 Pat Stryker

Pat Stryker

$1.3 B 55 Fort Collins, Colorado medical technology

Rank Name Net Worth Age Residence Source

139 James Leprino

James Leprino

$2.7 B 73 Indian Hills, Colorado cheese

312 Gary Magness

Gary Magness

$1.4 B 57 Magness, Colorado cable, investments

273 Karen Pritzker

Karen Pritzker

$1.6 B 53 Branford, Connecticut hotels, investments

188 Peter Buck

Peter Buck

$2.2 B 80 Danbury, Connecticut Subway Restaurants

331 Richard Chilton Jr

Richard Chilton Jr

$1.3 B 53 Darien, Connecticut hedge funds

359 C. Dean Metropoulos

C. Dean Metropoulos

$1.2 B 65 Greenwich, Connecticut investments

359 William Macaulay

William Macaulay

$1.2 B 66 Greenwich, Connecticut energy investments

293 Stephen Mandel

Stephen Mandel

$1.5 B 55 Greenwich, Connecticut hedge funds

117 Edward Lampert

Edward Lampert

$3 B 48 Greenwich, Connecticut investments

107 Paul Tudor Jones

Paul Tudor Jones

$3.2 B 56 Greenwich, Connecticut hedge funds

60 Thomas Peterffy

Thomas Peterffy

$5 B 67 Greenwich, Connecticut discount brokerage

44 Ray Dalio

Ray Dalio

$6.5 B 62 Greenwich, Connecticut hedge funds

35 Steve Cohen

Steve Cohen

$8.3 B 55 Greenwich, Connecticut hedge funds

139 Steven Rales

Steven Rales

$2.7 B 60 Washington, District of Columbia manufacturing

75 Micky Arison

Micky Arison

$4.2 B 62 Bal Harbour, Florida Carnival Cruises

375 John Henry

John Henry

$1.1 B 62 Boca Raton, Florida sports

114 Terrence Pegula

Terrence Pegula

$3.1 B 60 Boca Raton, Florida natural gas

397 Peter Lewis

Peter Lewis

$1.05 B 77 Coconut Grove, Florida Progressive Corp

329 Bharat Desai

Bharat Desai

$1.35 B 58 Fisher Island, Florida outsourcing

188 Fred DeLuca

Fred DeLuca

$2.2 B 63 Fort Lauderdale, Florida Subway Restaurants

171 H. Wayne Huizenga

H. Wayne Huizenga

$2.3 B 73 Fort Lauderdale, Florida investments

200 Robert Rich

Robert Rich

$2.1 B 70 Islamorada, Florida frozen foods

293 Michael Heisley

Michael Heisley

$1.5 B 74 Jupiter Island, Florida manufacturing

150 Igor Olenicoff

Igor Olenicoff

$2.6 B 69 Lighthouse Point, Florida real estate

273 Norman Braman

Norman Braman

$1.6 B 79 Miami, Florida art, car dealerships

355 Edmund Ansin

Edmund Ansin

$1.25 B 75 Miami Beach, Florida television

200 Phillip Frost

Phillip Frost

$2.1 B 74 Miami Beach, Florida pharmaceuticals

312 Tom Golisano

Tom Golisano

$1.4 B 69 Naples, Florida Paychex

171 Christopher Cline

Christopher Cline

$2.3 B 53 North Palm Beach, Florida coal

75 Dirk Ziff

Dirk Ziff

$4.2 B 47 North Palm Beach, Florida investments

359 Charlotte Colket Weber

Charlotte Colket Weber

$1.2 B 68 Ocala, Florida Campbell Soup

331 Robert Stiller

Robert Stiller

$1.3 B 68 Palm Beach, Florida coffee

263 S. Daniel Abraham

S. Daniel Abraham

$1.7 B 87 Palm Beach, Florida Slim-Fast

263 Isaac Perlmutter

Isaac Perlmutter

$1.7 B 68 Palm Beach, Florida Marvel

200 Wilbur Ross

Wilbur Ross

$2.1 B 73 Palm Beach, Florida investments

200 George Lindemann

George Lindemann

$2.1 B 75 Palm Beach, Florida investments

200 Jeff Greene

Jeff Greene

$2.1 B 56 Palm Beach, Florida real estate, investments

139 Malcolm Glazer

Malcolm Glazer

$2.7 B 83 Palm Beach, Florida sports teams, real estate

81 William Koch

William Koch

$4 B 71 Palm Beach, Florida oil, investments

212 Edward DeBartolo

Edward DeBartolo

$2 B 64 Tampa, Florida shopping centers

263 Albert Ueltschi

Albert Ueltschi

$1.7 B 94 Vero Beach, Florida FlightSafety

242 Alfred James Clark

Alfred James Clark

$1.8 B 83 Vero Beach, Florida construction

331 Arthur Blank

Arthur Blank

$1.3 B 68 Atlanta, Georgia Home Depot

242 Bernard Marcus

Bernard Marcus

$1.8 B 82 Atlanta, Georgia Home Depot

212 Ted Turner

Ted Turner

$2 B 72 Atlanta, Georgia cable television

53 Jim Kennedy

Jim Kennedy

$6 B 63 Atlanta, Georgia media

26 Anne Cox Chambers

Anne Cox Chambers

$12 B 91 Atlanta, Georgia media

375 S. Truett Cathy

S. Truett Cathy

$1.1 B 90 Hampton, Georgia Chick-fil-A

50 Pierre Omidyar

Pierre Omidyar

$6.2 B 44 Honolulu, Hawaii Ebay

150 Robert Holding

Robert Holding

$2.6 B 84 Sun Valley, Idaho oil, resorts

359 Nicholas Pritzker

Nicholas Pritzker

$1.2 B 67 Chicago, Illinois hotels, investments

273 James Pritzker

James Pritzker

$1.6 B 60 Chicago, Illinois hotels, investments

273 Jean (Gigi) Pritzker

Jean (Gigi) Pritzker

$1.6 B 49 Chicago, Illinois hotels, investments

273 Joseph Mansueto

Joseph Mansueto

$1.6 B 55 Chicago, Illinois investment research

263 Penny Pritzker

Penny Pritzker

$1.7 B 52 Chicago, Illinois hotels, investments

242 Thomas Pritzker

Thomas Pritzker

$1.8 B 61 Chicago, Illinois hotels, investments

212 Neil Bluhm

Neil Bluhm

$2 B 73 Chicago, Illinois real estate

171 Ken Griffin

Ken Griffin

$2.3 B 42 Chicago, Illinois hedge funds

159 Jay Robert (J.B.) Pritzker

Jay Robert (J.B.) Pritzker

$2.5 B 46 Chicago, Illinois hotels, investments

139 Oprah Winfrey

Oprah Winfrey

$2.7 B 57 Chicago, Illinois Television

66 Sam Zell

Sam Zell

$4.7 B 69 Chicago, Illinois real estate, private equity

293 Eric Lefkofsky

Eric Lefkofsky

$1.5 B 42 Glencoe, Illinois Groupon

375 Michael Krasny

Michael Krasny

$1.1 B 58 Highland Park, Illinois retail

212 Jude Reyes

Jude Reyes

$2 B 56 Kenilworth, Illinois food distribution

212 J. Christopher Reyes

J. Christopher Reyes

$2 B 57 Lake Forest, Illinois food distribution

188 William Wrigley

William Wrigley

$2.2 B 47 Lake Forest, Illinois chewing gum

166 Ty Warner

Ty Warner

$2.4 B 67 Oak Brook, Illinois Beanie Babies

375 Patrick Ryan

Patrick Ryan

$1.1 B 74 Winnetka, Illinois insurance

96 Gayle Cook

Gayle Cook

$3.4 B 77 Bloomington, Indiana medical devices

312 James Irsay

James Irsay

$1.4 B 52 Carmel, Indiana Indianapolis Colts

242 Dean White

Dean White

$1.8 B 88 Crown Point, Indiana billboards, hotels

273 Herbert Simon

Herbert Simon

$1.6 B 76 Indianapolis, Indiana real estate

81 Roger Wang

Roger Wang

$4 B 62 Nanjing, Jiangsu retail

242 Min Kao

Min Kao

$1.8 B 62 Leawood, Kansas navigation equipment

375 Gary Burrell

Gary Burrell

$1.1 B 74 Spring Hill, Kansas navigation equipment

4 Charles Koch

Charles Koch

$25 B 75 Wichita, Kansas diversified

242 Bradley Hughes

Bradley Hughes

$1.8 B 78 Lexington, Kentucky self storage

375 Tom Benson

Tom Benson

$1.1 B 84 New Orleans, Louisiana New Orleans Saints

139 David Rubenstein

David Rubenstein

$2.7 B 62 Bethesda, Maryland leveraged buyouts

375 Bernard Saul

Bernard Saul

$1.1 B 79 Chevy Chase, Maryland banking, real estate

103 Ted Lerner

Ted Lerner

$3.3 B 85 Chevy Chase, Maryland real estate

331 Stephen Bisciotti

Stephen Bisciotti

$1.3 B 51 Millersville, Maryland outsourcing, football

397 Dan Snyder

Dan Snyder

$1.05 B 46 Potomac, Maryland Washington Redskins

331 Bill Marriott

Bill Marriott

$1.3 B 79 Potomac, Maryland hotels

312 Richard Marriott

Richard Marriott

$1.4 B 72 Potomac, Maryland hotels

117 Mitchell Rales

Mitchell Rales

$3 B 55 Potomac, Maryland manufacturing

171 Amos Hostetter

Amos Hostetter

$2.3 B 74 Boston, Massachusetts cable television

44 Edward Johnson

Edward Johnson

$6.5 B 81 Boston, Massachusetts Fidelity

263 Robert Kraft

Robert Kraft

$1.7 B 70 Brookline, Massachusetts New England Patriots

29 Abigail Johnson

Abigail Johnson

$11.7 B 49 Milton, Massachusetts Fidelity

242 Jim Davis

Jim Davis

$1.8 B 68 Newton, Massachusetts New Balance

212 Michael & Marian Ilitch

Michael & Marian Ilitch

$2 B 82 Bingham Farms, Michigan pizza

159 Alfred Taubman

Alfred Taubman

$2.5 B 87 Bloomfield Hills, Michigan real estate

293 Daniel Gilbert

Daniel Gilbert

$1.5 B 49 Franklin, Michigan Quicken Loans

60 Frederik G.H. Meijer

Frederik G.H. Meijer

$5 B 91 Grand Rapids, Michigan supermarkets

375 William Ford

William Ford

$1.1 B 86 Grosse Pointe Shores, Michigan Ford Motor Co

293 Manuel Moroun

Manuel Moroun

$1.5 B 84 Grosse Pointe Shores, Michigan Transportation

60 Richard DeVos

Richard DeVos

$5 B 85 Holland, Michigan Amway

375 Jon Stryker

Jon Stryker

$1.1 B 53 Kalamazoo, Michigan medical technology

171 Ronda Stryker

Ronda Stryker

$2.3 B 57 Portage, Michigan medical technology

Rank Name Net Worth Age Residence Source

212 Richard Schulze

Richard Schulze

$2 B 70 Edina, Minnesota Best Buy

117 Marilyn Carlson Nelson

Marilyn Carlson Nelson

$3 B 72 Long Lake, Minnesota hotels, restaurants

117 Barbara Carlson Gage

Barbara Carlson Gage

$3 B 69 Long Lake, Minnesota hotels, restaurants

242 Glen Taylor

Glen Taylor

$1.8 B 70 Mankato, Minnesota printing

150 Whitney MacMillan

Whitney MacMillan

$2.6 B 82 Minneapolis, Minnesota Cargill Inc.

227 Stanley Hubbard

Stanley Hubbard

$1.9 B 78 St. Paul, Minnesota DirecTV

107 Stanley Kroenke

Stanley Kroenke

$3.2 B 64 Columbia, Missouri sports, real estate

103 Ann Walton Kroenke

Ann Walton Kroenke

$3.3 B 62 Columbia, Missouri Wal-Mart

150 Pauline MacMillan Keinath

Pauline MacMillan Keinath

$2.6 B 77 St. Louis, Missouri Cargill Inc.

34 Jack Taylor

Jack Taylor

$9 B 89 St. Louis, Missouri Enterprise Rent-A-Car

331 Marianne Liebmann

Marianne Liebmann

$1.3 B 58 Bozeman, Montana Cargill, Inc.

331 Austen Cargill

Austen Cargill

$1.3 B 60 Livingston, Montana Cargill Inc.

60 Dennis Washington

Dennis Washington

$5 B 77 Missoula, Montana construction, mining

273 Linda Pritzker

Linda Pritzker

$1.6 B 57 St. Ignatius, Montana hotels, investments

150 Marion MacMillan Pictet

Marion MacMillan Pictet

$2.6 B - Hamilton, N/A Cargill Inc.

359 William Connor

William Connor

$1.2 B 61 Hong Kong, N/A logistics

130 Victor Fung

Victor Fung

$2.8 B 65 Hong Kong, N/A Retail

375 Alexander Knaster

Alexander Knaster

$1.1 B 52 London, N/A oil, telecom, banking

312 Evgeny (Eugene) Shvidler

Evgeny (Eugene) Shvidler

$1.4 B 47 London, N/A oil & gas, investments

107 Ron Burkle

Ron Burkle

$3.2 B 58 London, N/A supermarkets, investments

32 Len Blavatnik

Len Blavatnik

$9.5 B 54 London, N/A diversified

114 Barbara Piasecka Johnson

Barbara Piasecka Johnson

$3.1 B 74 Monte Carlo, N/A Johnson & Johnson

53 Blair Parry-Okeden

Blair Parry-Okeden

$6 B 60 Scone, N/A media

212 Eduardo Saverin

Eduardo Saverin

$2 B 29 Singapore, N/A Facebook

130 Robert Friedland

Robert Friedland

$2.8 B 61 Singapore, N/A mining

260 Walter Scott

Walter Scott

$1.75 B 80 Omaha, Nebraska construction, telecom

2 Warren Buffett

Warren Buffett

$39 B 81 Omaha, Nebraska Berkshire Hathaway

139 Nancy Walton Laurie

Nancy Walton Laurie

$2.7 B 60 Henderson, Nevada Wal-Mart

359 Lorenzo Fertitta

Lorenzo Fertitta

$1.2 B 42 Las Vegas, Nevada casinos, Ultimate Fighting Championship

355 Frank Fertitta

Frank Fertitta

$1.25 B 49 Las Vegas, Nevada casinos, Ultimate Fighting Championship

263 Elaine Wynn

Elaine Wynn

$1.7 B 68 Las Vegas, Nevada Hotels

166 Phillip Ruffin

Phillip Ruffin

$2.4 B 76 Las Vegas, Nevada casinos, real estate

130 Steve Wynn

Steve Wynn

$2.8 B 69 Las Vegas, Nevada casinos, hotels

8 Sheldon Adelson

Sheldon Adelson

$21.5 B 78 Las Vegas, Nevada casinos

103 Patrick McGovern

Patrick McGovern

$3.3 B 74 Hollis, New Hampshire media

293 Michael Price

Michael Price

$1.5 B 59 Far Hills, New Jersey investments

60 David Tepper

David Tepper

$5 B 54 Livingston, New Jersey hedge funds

242 Leon G. Cooperman

Leon G. Cooperman

$1.8 B 68 Short Hills, New Jersey hedge funds

171 Peter Kellogg

Peter Kellogg

$2.3 B 69 Short Hills, New Jersey investments

55 Donald Newhouse

Donald Newhouse

$5.9 B 81 Somerset County, New Jersey Conde Nast

359 Nelson Peltz

Nelson Peltz

$1.2 B 69 Bedford, New York investments

227 Jeremy Jacobs

Jeremy Jacobs

$1.9 B 71 East Aurora, New York sports concessions

30 James Simons

James Simons

$10.6 B 73 East Setauket, New York hedge funds

7 George Soros

George Soros

$22 B 81 Katonah, New York hedge funds

355 Alan Gerry

Alan Gerry

$1.25 B 81 Liberty, New York cable television

312 Louis Bacon

Louis Bacon

$1.4 B 53 Long Island, New York hedge funds

397 Steven Roth

Steven Roth

$1.05 B 69 New York, New York real estate

372 Alexander Rovt

Alexander Rovt

$1.15 B 59 New York, New York fertilizer

359 Sidney Kimmel

Sidney Kimmel

$1.2 B 83 New York, New York retail

359 James Dinan

James Dinan

$1.2 B 52 New York, New York hedge funds

355 Henry Swieca

Henry Swieca

$1.25 B 54 New York, New York hedge funds

331 Leon Charney

Leon Charney

$1.3 B 70 New York, New York Real estate

331 Marc Lasry

Marc Lasry

$1.3 B 50 New York, New York hedge funds

331 Stewart Rahr

Stewart Rahr

$1.3 B 65 New York, New York drug distribution

312 Thomas Lee

Thomas Lee

$1.4 B 67 New York, New York leveraged buyouts

312 Herbert Allen

Herbert Allen

$1.4 B 71 New York, New York investment banking

312 Wilma Tisch

Wilma Tisch

$1.4 B 84 New York, New York diversified

309 Marc Rowan

Marc Rowan

$1.45 B 49 New York, New York leveraged buyouts

309 Joshua Harris

Joshua Harris

$1.45 B 46 New York, New York leveraged buyouts

293 Ron Baron

Ron Baron

$1.5 B 68 New York, New York money managment

273 Barry Diller

Barry Diller

$1.6 B 69 New York, New York IAC/InterActiveCorp

273 Noam Gottesman

Noam Gottesman

$1.6 B 50 New York, New York hedge funds

273 Glenn Dubin

Glenn Dubin

$1.6 B 54 New York, New York hedge funds

242 Ted Forstmann

Ted Forstmann

$1.8 B 71 New York, New York sports management

242 Jerry Speyer

Jerry Speyer

$1.8 B 71 New York, New York real estate

242 Thomas Kaplan

Thomas Kaplan

$1.8 B 49 New York, New York Investments

227 Austin Hearst

Austin Hearst

$1.9 B 59 New York, New York Hearst Corp

227 Sheldon Solow

Sheldon Solow

$1.9 B 83 New York, New York real estate

227 Michael Jaharis

Michael Jaharis

$1.9 B 83 New York, New York pharmaceuticals

212 John Catsimatidis

John Catsimatidis

$2 B 63 New York, New York oil, real estate, supermarkets

200 Israel Englander

Israel Englander

$2.1 B 63 New York, New York hedge funds

200 David Shaw

David Shaw

$2.1 B 60 New York, New York hedge funds

200 Sean Parker

Sean Parker

$2.1 B 31 New York, New York Facebook

188 Mortimer Zuckerman

Mortimer Zuckerman

$2.2 B 74 New York, New York real estate, media

188 Philip Falcone

Philip Falcone

$2.2 B 49 New York, New York hedge funds

166 Julian Robertson

Julian Robertson

$2.4 B 79 New York, New York hedge funds

159 Stanley Druckenmiller

Stanley Druckenmiller

$2.5 B 58 New York, New York hedge funds

150 Daniel Och

Daniel Och

$2.6 B 50 New York, New York hedge funds

130 Joan Tisch

Joan Tisch

$2.8 B 85 New York, New York diversified

128 Donald Trump

Donald Trump

$2.9 B 65 New York, New York television, real estate

114 Stephen Ross

Stephen Ross

$3.1 B 71 New York, New York real estate

107 Leon Black

Leon Black

$3.2 B 60 New York, New York private equity

103 Ronald Lauder

Ronald Lauder

$3.3 B 67 New York, New York Estee Lauder

86 Henry Kravis

Henry Kravis

$3.7 B 67 New York, New York leveraged buyouts

75 Robert Ziff

Robert Ziff

$4.2 B 45 New York, New York investments

75 Daniel Ziff

Daniel Ziff

$4.2 B 39 New York, New York investments

75 Leonard Stern

Leonard Stern

$4.2 B 73 New York, New York real estate

73 Bruce Kovner

Bruce Kovner

$4.3 B 66 New York, New York hedge funds

66 Stephen Schwarzman

Stephen Schwarzman

$4.7 B 64 New York, New York investments

60 Richard LeFrak

Richard LeFrak

$5 B 66 New York, New York real estate

52 Ralph Lauren

Ralph Lauren

$6.1 B 71 New York, New York Ralph Lauren

48 Leonard Lauder

Leonard Lauder

$6.3 B 78 New York, New York Estee Lauder

43 Samuel Newhouse

Samuel Newhouse

$6.6 B 83 New York, New York Conde Nast

37 Rupert Murdoch

Rupert Murdoch

$7.4 B 80 New York, New York News Corp

26 Ronald Perelman

Ronald Perelman

$12 B 68 New York, New York leveraged buyouts

25 Carl Icahn

Carl Icahn

$13 B 75 New York, New York leveraged buyouts

17 John Paulson

John Paulson

$15.5 B 55 New York, New York hedge funds

12 Michael Bloomberg

Michael Bloomberg

$19.5 B 69 New York, New York Bloomberg LP

4 David Koch

David Koch

$25 B 71 New York, New York diversified

150 Charles Dolan

Charles Dolan

$2.6 B 84 Oyster Bay, New York cable television

Rank Name Net Worth Age Residence Source

312 David Gottesman

David Gottesman

$1.4 B 85 Rye, New York investments

55 Ira Rennert

Ira Rennert

$5.9 B 77 Sagaponack, New York investments

331 Kenneth Langone

Kenneth Langone

$1.3 B 76 Sands Point, New York investments

159 David Rockefeller

David Rockefeller

$2.5 B 96 Sleepy Hollow, New York Standard Oil, banking

91 John Sall

John Sall

$3.5 B 63 Cary, North Carolina SAS Institute

38 James Goodnight

James Goodnight

$7.1 B 68 Cary, North Carolina SAS Institute

273 Clemmie Spangler

Clemmie Spangler

$1.6 B 79 Charlotte, North Carolina investments

242 Clayton Mathile

Clayton Mathile

$1.8 B 70 Brookville, Ohio pet food

85 Leslie Wexner

Leslie Wexner

$3.8 B 74 New Albany, Ohio retail

359 Aubrey McClendon

Aubrey McClendon

$1.2 B 52 Oklahoma City, Oklahoma natural gas

81 David Green

David Green

$4 B 69 Oklahoma City, Oklahoma Hobby Lobby

36 Harold Hamm

Harold Hamm

$7.5 B 65 Oklahoma City, Oklahoma oil & natural gas

331 Joseph Craft

Joseph Craft

$1.3 B 60 Tulsa, Oklahoma coal

117 Lynn Schusterman

Lynn Schusterman

$3 B 72 Tulsa, Oklahoma oil & gas, investments

31 George Kaiser

George Kaiser

$10 B 69 Tulsa, Oklahoma oil & gas, banking

24 Phil Knight

Phil Knight

$13.1 B 73 Hillsboro, Oregon Nike

188 Mary Alice Dorrance Malone

Mary Alice Dorrance Malone

$2.2 B 61 Coatesville, Pennsylvania Campbell Soup

331 Richard Scaife

Richard Scaife

$1.3 B 79 Pittsburgh, Pennsylvania investments

188 Henry Hillman

Henry Hillman

$2.2 B 92 Pittsburgh, Pennsylvania investments

375 Jeffrey Lurie

Jeffrey Lurie

$1.1 B 60 Wynnewood, Pennsylvania Philadelphia Eagles

293 Jonathan Nelson

Jonathan Nelson

$1.5 B 55 Providence, Rhode Island Leveraged buyouts

273 Anita Zucker

Anita Zucker

$1.6 B 59 Charleston, South Carolina chemicals

263 Brad Kelley

Brad Kelley

$1.7 B 54 Franklin, Tennessee tobacco

263 Frederick Smith

Frederick Smith

$1.7 B 67 Memphis, Tennessee FedEx

130 Thomas Frist

Thomas Frist

$2.8 B 73 Nashville, Tennessee health care

117 Martha Ingram

Martha Ingram

$3 B 76 Nashville, Tennessee book distribution, transportation

81 John Paul DeJoria

John Paul DeJoria

$4 B 67 Austin, Texas hair products, tequila

18 Michael Dell

Michael Dell

$15 B 46 Austin, Texas Dell

312 Dan Wilks

Dan Wilks

$1.4 B 55 Cisco, Texas natural gas

312 Farris Wilks

Farris Wilks

$1.4 B 59 Cisco, Texas natural gas

397 Darwin Deason

Darwin Deason

$1.05 B 71 Dallas, Texas Xerox

359 Kenny Troutt

Kenny Troutt

$1.2 B 63 Dallas, Texas Excel Communications

359 Todd Wagner

Todd Wagner

$1.2 B 51 Dallas, Texas online media

312 Ray Davis

Ray Davis

$1.4 B 69 Dallas, Texas pipelines

312 Henry Ross Perot

Henry Ross Perot

$1.4 B 52 Dallas, Texas computer services, real estate

309 T. Boone Pickens

T. Boone Pickens

$1.45 B 83 Dallas, Texas oil & gas, investments

273 Gerald J. Ford

Gerald J. Ford

$1.6 B 67 Dallas, Texas banking

227 Jerry Jones

Jerry Jones

$1.9 B 68 Dallas, Texas Dallas Cowboys

212 Kelcy Warren

Kelcy Warren

$2 B 55 Dallas, Texas Pipelines

171 Mark Cuban

Mark Cuban

$2.3 B 53 Dallas, Texas online media

139 Timothy Headington

Timothy Headington

$2.7 B 61 Dallas, Texas oil & gas, investments

91 Henry Ross Perot

Henry Ross Perot

$3.5 B 81 Dallas, Texas computer services, real estate

88 Trevor Rees-Jones

Trevor Rees-Jones

$3.6 B 60 Dallas, Texas Oil & Gas

73 Ray Lee Hunt

Ray Lee Hunt

$4.3 B 68 Dallas, Texas oil, real estate

66 Robert Rowling

Robert Rowling

$4.7 B 57 Dallas, Texas investments

39 Andrew Beal

Andrew Beal

$7 B 58 Dallas, Texas banks, real estate

33 Harold Simmons

Harold Simmons

$9.3 B 80 Dallas, Texas investments

375 William Moncrief

William Moncrief

$1.1 B 91 Fort Worth, Texas oil

293 Edward Bass

Edward Bass

$1.5 B 66 Fort Worth, Texas oil, investments

227 David Bonderman

David Bonderman

$1.9 B 68 Fort Worth, Texas leveraged buyouts

200 Sid Bass

Sid Bass

$2.1 B 68 Fort Worth, Texas oil, investments

200 Lee Bass

Lee Bass

$2.1 B 55 Fort Worth, Texas oil, investments

171 Richard Rainwater

Richard Rainwater

$2.3 B 67 Fort Worth, Texas real estate, energy, insurance

88 Robert Bass

Robert Bass

$3.6 B 63 Fort Worth, Texas oil, investments

10 Alice Walton

Alice Walton

$20.9 B 61 Fort Worth, Texas Wal-Mart

375 Kenneth Adams

Kenneth Adams

$1.1 B 88 Houston, Texas Oil

293 Robert McNair

Robert McNair

$1.5 B 74 Houston, Texas energy, sports

293 Joe Jamail

Joe Jamail

$1.5 B 85 Houston, Texas lawsuits

273 Thomas Friedkin

Thomas Friedkin

$1.6 B 76 Houston, Texas Toyota distribution

96 Scott Duncan

Scott Duncan

$3.4 B 28 Houston, Texas Pipelines

96 Milane Frantz

Milane Frantz

$3.4 B 42 Houston, Texas Pipelines

96 Dannine Avara

Dannine Avara

$3.4 B 47 Houston, Texas pipelines

96 Randa Williams

Randa Williams

$3.4 B 50 Houston, Texas Pipelines

91 John Arnold

John Arnold

$3.5 B 37 Houston, Texas hedge funds

59 Jeffrey Hildebrand

Jeffrey Hildebrand

$5.3 B 52 Houston, Texas Oil

46 Richard Kinder

Richard Kinder

$6.4 B 66 Houston, Texas pipelines

375 James Leininger

James Leininger

$1.1 B 66 San Antonio, Texas medical devices

329 Christopher Goldsbury

Christopher Goldsbury

$1.35 B 68 San Antonio, Texas salsa

312 Billy Joe McCombs

Billy Joe McCombs

$1.4 B 83 San Antonio, Texas radio, oil, real estate

130 Rodney Lewis

Rodney Lewis

$2.8 B 57 San Antonio, Texas natural gas

57 Charles Butt

Charles Butt

$5.7 B 73 San Antonio, Texas supermarkets

260 Drayton McLane

Drayton McLane

$1.75 B 75 Temple, Texas Wal-Mart, logistics

188 George Mitchell

George Mitchell

$2.2 B 92 The Woodlands, Texas oil & gas

166 Randal Kirk

Randal Kirk

$2.4 B 57 Belspring, Virginia pharmaceuticals

331 Steve Case

Steve Case

$1.3 B 53 McLean, Virginia AOL

139 William Conway

William Conway

$2.7 B 62 McLean, Virginia leveraged buyouts

20 Jacqueline Mars

Jacqueline Mars

$13.8 B 71 The Plains, Virginia candy

139 Daniel D'Aniello

Daniel D'Aniello

$2.7 B 65 Vienna, Virginia leveraged buyouts

171 Winnie Johnson-Marquart

Winnie Johnson-Marquart

$2.3 B 52 Virginia Beach, Virginia SC Johnson & Sons

273 Craig McCaw

Craig McCaw

$1.6 B 62 Hunts Point, Washington telecom

19 Steve Ballmer

Steve Ballmer

$13.9 B 55 Hunts Point, Washington Microsoft

1 Bill Gates

Bill Gates

$59 B 55 Medina, Washington Microsoft

23 Paul Allen

Paul Allen

$13.2 B 58 Mercer Island, Washington Microsoft, investments

117 James Jannard

James Jannard

$3 B 62 San Juan Islands, Washington sunglasses

331 Howard Schultz

Howard Schultz

$1.3 B 58 Seattle, Washington Starbucks

13 Jeff Bezos

Jeff Bezos

$19.1 B 47 Seattle, Washington Amazon.com

375 Jim Justice

Jim Justice

$1.1 B 60 Lewisburg, West Virginia coal

188 Diane Hendricks

Diane Hendricks

$2.2 B 64 Afton, Wisconsin roofing

331 James Cargill

James Cargill

$1.3 B 62 Birchwood, Wisconsin Cargill Inc.

69 John Menard

John Menard

$4.5 B 71 Eau Claire, Wisconsin Retail

159 Donald Schneider

Donald Schneider

$2.5 B 75 Green Bay, Wisconsin trucking

242 Herbert Kohler

Herbert Kohler

$1.8 B 72 Kohler, Wisconsin plumbing fixtures

171 H. Fisk Johnson

H. Fisk Johnson

$2.3 B 53 Racine, Wisconsin SC Johnson & Sons

171 S. Curtis Johnson

S. Curtis Johnson

$2.3 B 56 Racine, Wisconsin SC Johnson & Sons

171 Helen Johnson-Leipold

Helen Johnson-Leipold

$2.3 B 54 Racine, Wisconsin SC Johnson

171 Imogene Powers Johnson

Imogene Powers Johnson

$2.3 B 81 Racine, Wisconsin SC Johnson & Sons

20 Forrest Mars

Forrest Mars

$13.8 B 80 Big Horn, Wyoming candy

20 John Mars

John Mars

$13.8 B 75 Jackson, Wyoming candy, pet food

6 Christy Walton

Christy Walton

$24.5 B 56 Jackson, Wyoming Wal-Mart

242 Leandro Rizzuto

Leandro Rizzuto

$1.8 B 73 Sheridan, Wyoming consumer products

Why are there so many billionaires in the US? - Answers (2024)

FAQs

Why does the US have so many billionaires? ›

America's leadership in wealth creation is spilling over into spending and investing. A report from UBS and Art Basel finds that the U.S. is the leader in global art sales, accounting for 42% of sales by value. The U.S. also leads the world in sales of the highest-priced works.

How did US billionaires make their money? ›

America's richest people are mostly self-made. Their wealth comes from the businesses they founded and helped build. Changes in the market value of their businesses can explain nearly all the shifts and volatility in the 10 wealthiest billionaires' net worth.

Does the US have the most billionaires in the world? ›

China has 814 billionaires, the most in the world, according to the Hurun Global Rich List 2024. Despite holding on to the top spot, China lost 155 billionaires year-over-year, while the U.S. gained 109. The gap between the two countries has now reduced to just 14 billionaires. 🇺🇸 U.S.

Why are people in the USA rich? ›

The US government has been stable overall. For a long time. There hasn't been any significant corruption or infighting that typically constrains GDP. The US greatly benefited from the industrial revolution, abundant resources, the westward expansion.

Who owns most of the wealth in the US? ›

The top 1% of American earners now control more wealth than the nation's entire middle class, federal data show. More than one-quarter of all household wealth, 26.5%, belongs to Americans who earn enough money to rank in the top percentile by income, according to Federal Reserve statistics through mid-2023.

Why are billionaires so rich? ›

The wealthiest people earned their coveted places by investing in risky assets like their private businesses and then multiplying the returns, regardless of whether or not they had initial wealth from rich parents.

Are billionaires inherited or self made? ›

As of 2022, a majority of the world's billionaires had earned their wealth themselves. Nearly 2,000 of the total 3,194 billionaires worldwide that year had earned their fortune this way. Meanwhile, 317 billionaires had inherited their wealth.

Where do most billionaires get their money? ›

  • Finance & Investments. 427 billionaires | 15% of list. ...
  • Technology. 342 billionaires | 12% of list. ...
  • Manufacturing. 328 billionaires | 12% of list. ...
  • Fashion & Retail. 285 billionaires | 10% of list. ...
  • Food & Beverage. 210 billionaires | 8% of list. ...
  • Diversified. 201 billionaires | 7% of list. ...
  • Healthcare. ...
  • Real Estate.
Apr 13, 2024

What industry do most billionaires come from? ›

427 billionaires amassed their fortunes in the finance sector, making it the industry that yields the most billionaires, followed by technology, manufacturing, retail, and food and beverage, according to Forbes.

Which US state has no billionaires? ›

Alaska, Delaware and West Virginia are the only three states still without a billionaire.

Which US city has the most billionaires? ›

New York City once again is home to the most billionaires in the world: It's the primary residence of an estimated 110 billionaires who are worth a collective $694 billion. The Big Apple has long dominated the ranks, coming in at No. 1 for all but one of the past 11 years.

What is the best country to live in for millionaires? ›

The UK, and London especially, has traditionally been seen as one of the world's top destinations for migrating millionaires and for many years (from the 1950s to early 2000s) it consistently attracted large numbers of wealthy families from mainland Europe, Africa, Asia, and the Middle East.

What race is the richest in the US? ›

In 2021, households with a White householder made up 65.3% of all U.S. households and held 80.0% of all wealth. Those with a Black householder made up 13.6% of all U.S. households but held only 4.7% of all wealth.

What are the 3 reasons the US has a wealthy economy? ›

The American economy is fueled by high productivity, well developed transportation infrastructure, and extensive natural resources. Americans have the sixth highest average household and employee income among OECD member states. In 2021, they had the highest median household income.

Who controls the wealth in the US? ›

In the third quarter of 2023, 66.9 percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.5 percent of the total wealth.

Why is the US considered the wealthiest nation in the world? ›

There are several reasons for this:

The US has a large and diversified economy; from the tourism industry and services sector to the banking industry and renewable energy, the country is relatively resilient to economic shocks.

How do most Americans get rich? ›

The majority of millionaires are self-made, and they have accumulated their wealth through a combination of hard work, education and investing. The sectors that produce America's wealthiest people include finance and investments, according to Forbes.

How many US billionaires are immigrants? ›

You heard that right – 13% of the list's 735 American citizens are immigrants. With a combined net worth of $711 billion, these foreign-born U.S. citizens account for 15% of all American billionaire wealth.

Are billionaires self-made? ›

As of 2022, a majority of the world's billionaires had earned their wealth themselves. Nearly 2,000 of the total 3,194 billionaires worldwide that year had earned their fortune this way. Meanwhile, 317 billionaires had inherited their wealth.

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