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Hereâs The Richest Billionaire In Every U.S. State 2021 Michael Prince for Forbes (2), Bloomberg, Britta Pedersen Pool/Getty Images
These 43 members of the three comma club represent over $1 trillion in collective wealth.
Although pandemic quarantines forced the vast majority of Americans to shelter in place for most of 2020, some billionaires moved to greener pastures. Or at least ones with lower taxes.
Take Elon Musk, for instance, who relocated in December 2020 to Austin, Texasâone of nine U.S. states that doesnât collect income tax, igniting a firestorm over the fact that the three richest Americans now live in income tax-free states. (The other two, Jeff Bezos and Bill Gates, are residents of Washington state.)
How the Richest Person in Each State Made Their Fortune
By Paul Feinstein, Stacker News
On 3/11/21 at 6:30 PM EST
Phillip Faraone / Getty Images for WIRED25
Whether it s a hedge-fund billionaire, tech giant, industrial titan, or someone simply born into the right family, the wealthiest people in every state each have their own stories. In today s political climate, the super-rich have plenty of influence over our political process, from lobbying members of the government and contributing to presidential bids to running ad campaigns in favor of specific causes.
To figure out who s on top of each state s rich list, Forbes tracks groups of billionaires (or centimillionaires in states with no billionaires) and updates their findings annually. Stacker analyzed this data to compile a list of the uber-wealthy and then broke down how each person earned their fortune. This list accounts for individuals wealth as of June 26, 2019, but keep in mind the tides of fortune are always shif
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