Forbes Names 2025 Richest People by State

Forbes' 2025 ranking of the richest person in every U.S. state shows that only Alaska, Delaware, and West Virginia lack a billionaire, while the combined net worth of the listed individuals has risen by $400 billion from last year to a record $2 trillion. Elon Musk leads in Texas, the U.S., and worldwide, with an estimated net worth of $388 billion, followed by Jeff Bezos, Mark Zuckerberg, Warren Buffett, and Steve Ballmer. Several states have new leaders, including Rob Walton in Arkansas and Diane Hendricks in Wisconsin, while Steve Ballmer overtakes Bill Gates in Washington. Ten women are now their state's wealthiest, such as Jacqueline Mars ($39 billion, Virginia) and Abigail Johnson ($31.5 billion, Massachusetts). Other top state leaders include Jeff Yass in Pennsylvania ($59 billion), Lukas Walton in Illinois ($39 billion), and Steven Cohen in Connecticut ($21.3 billion). The rankings reflect both the persistence of dynastic wealth and changes due to market fluctuations, divorces, and business transitions.