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The Richest Person in Every State

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Fortune Also Favors the Rich

Billionaires seem to come by their fortunes in one of two ways: They either build huge companies from scratch — maybe from a garage or a small apartment — or the old-fashioned way, meaning they inherited it. Whatever the path to wealth, there are a lot of crazy rich people in America, including eight of the top 10 wealthiest in the world. While there are states with more than their share of billionaires (California, New York, and Florida have almost 400 between them) they can be found scattered nationwide. Well, except in Alabama, Alaska, Delaware, New Hampshire, North Dakota, Vermont, and West Virginia, which have  only multimillionaires. Sniff.

Unless otherwise noted, residence status and net worth totals are from the May 8 listings of the Forbes Real-Time Billionaires List, which updates constantly when markets are open. If you like a horse race, follow along and watch these fortunes ebb and flow.

Related: The Most Expensive Neighborhood in Every State

Great Southern Wood Preserving
Great Southern Wood Preserving

Alabama: Jimmy Rane

$900 million (2019)

Alabama is one of those states without a recognized billionaire since Marguerite Jones Harbert died in 2015. But Forbes has pegged the wealth of Great Southern Wood Preserving’s founder and chief executive at $900 million. USA Today thinks it’s closer to $950 million.

Related: Who Is the Highest-Paid Public Employee in Your State?

JL Properties
JL Properties

Alaska: Leonard Hyde, Jonathan Rubini, and Families

$300 million (2019)

These real estate business partners share ownership of JL Properties, which has a $2 billion portfolio with significant holdings in Anchorage, including the JL Tower and the ConocoPhillips Towers.

Related: 30 Most Expensive Celeb Homes on the Market

Carvana by Elephanthunter (CC BY-SA)

Arizona: Ernest Garcia II

$15 billion

Garcia is the largest shareholder of Carvana, the online car seller, which was founded by his son as a subsidiary of the family’s DriveTime Automotive, a large used car retailer. Carvana went public in 2017.

Other notables: Ernest Garcia III ($7 billion), Carvana chief executive; Mark Shoen ($4 billion), who has sizable holdings in U-Haul parent Amerco, where his brother E. Joe Shoen ($3.6 billion) is president and chairman; and Arturo Moreno ($3.5 billion), who owns the Los Angeles Angels baseball team

Related: 14 Important Things to Consider When Selling a Used Car

Jim Walton
Dimitrios Kambouris/Getty

Arkansas: Jim Walton

$64.4 billion

The youngest son of Walmart founder Sam Walton is the chairman of his family’s Arvest Bank. He donated $1.2 billion in stock to the family foundation in June 2019. The Waltons still own about half of the discount retailer’s stock, and many still call Arkansas home.

Other notables: Rob Walton ($63.6 billion), who retired as Walmart chief executive in 2015; Johnelle Hunt ($4.3 billion), who launched J.B. Hunt Transport Services with her husband; investment banker Warren Stephens ($2.8 billion); and Tyson Foods Chairman John Tyson ($2.6 billion)

Related: Here's What the First Walmart Stores Actually Sold

Mark Zuckerberg
Wikimedia Commons / Anthony Quintano

California: Mark Zuckerberg

$115.7 billion

Zuckerberg, who famously co-founded social media juggernaut Facebook, inherited the title of California’s richest person when Larry Ellison moved to Hawaii. The fact his fortune grew by more than $42 billion last year didn’t hurt.

Other notable residents: Google founders Larry Page ($102.5 billion) and Sergey Brin ($99.3 billion); Facebook co-founder Dustin Moskovitz ($20.8 billion); former Google Chief Executive Eric Schmidt ($20.7 billion); and Laurene Powell Jobs — widow of Apple founder Steve Jobs — and family ($19.8 billion)

Related: Why Billionaires Pay Less Tax Than You

Charles Ergen
Shaul Schwarz/Getty

Colorado: Charles Ergen

$13.1 billion

Ergen, who began selling satellite dishes from the back of a truck in 1980, is co-founder and chairman of Dish Network and satellite communications company EchoStar.

Other notables: Philip Anschutz ($10 billion), who owns the NHL’s Los Angeles Kings, a third of the NBA’s Los Angeles Lakers, and the Staples Center; John Malone ($7.9 billion), who made his fortune in media and entertainment companies; and venture capitalist Mark Stevens ($4 billion)

Ray Dalio
Kimberly White/Getty

Connecticut: Ray Dalio

$20.3 billion

Dalio launched Bridgewater Associates in his two-bedroom apartment in New York City and grew it into the world’s largest hedge fund firm with $150 billion in assets under management. He famously started playing the market at age 12.

Other notables: Steve Cohen ($16 billion), founder of hedge-fund firm Point72 Asset Management; Alexandre Behring ($7.7 billion) of 3G Capital; and Andreas Halvorsen ($6.3 billion) of Viking Global Investors

Related: Not into Stocks and Bonds? Here are 12 Alternative Investments to Consider

Robert Gore
Robert Gore by Science History Institute (CC BY-SA)

Delaware: Robert Gore and Elizabeth Synder

$885 million (2019)

USA Today says these siblings — who share in the Gore-Tex fortune that grew from a manufacturing company founded by their parents, Wilbert and Genevieve Gore — tie as Delaware’s richest.

Thomas Peterffy
James Leynse /Getty

Florida: Thomas Peterffy

$23.4 billion

A pioneer in digital stock trading, Peterffy founded Interactive Brokers in 1993, and was chief executive until December 2019. His holdings include more than 500,000 acres of timberland.

Other notables: Carl Icahn ($15.8 billion), founder of Icahn Capital Management; Shahid Khan ($8.1 billion), who owns the NFL’s Jacksonville Jaguars, and British football club Fulham; and investor Paul Tudor Jones II ($7 billion)

Related: The Most Luxurious Retirement Communities in America

Cox Enterprises.
Cox Enterprises. by Taylor2646 (CC BY)

Georgia: Jim Kennedy

$9.4 billion

Kennedy shares ownership with his sister and cousins of the privately held automotive and media company Cox Enterprises. 

Other notables: Bernard Marcus ($9.4 billion), co-founder of Home Depot; and Bubba Cathy ($8.2 billion), and Dan Cathy ($8.2 billion), who run Chick-fil-A

Related: 19 Best Fried Chicken Sandwiches in America

Larry Ellison
Larry Ellison by (CC BY)

Hawaii: Larry Ellison

$105.2 billion

The co-founder, chairman, and chief technology officer of Oracle gave up his chief executive title in 2014 and recently moved to the island of Lanai. Why not? He bought most of it in 2012 for about $300 million.

Other notables: eBay founder Pierre Omidyar ($22.6 billion)

Related: 15 Iconic Business Leaders Inseparable From Their Brand

Frank VanderSloot
Frank VanderSloot by Melaleuca, Inc. (CC BY-SA)

Idaho: Frank VanderSloot

$3.4 billion

The founder of Melaleuca, which makes nutrition and wellness products, came from humble beginnings. In addition to his successful business, he’s a major landowner with holdings across Idaho, Utah, and Montana.

Ken Griffin
Wikimedia Commons

Illinois: Ken Griffin

$16 billion

Griffin began trading stocks from his Harvard dorm in 1987 — three years before founding Citadel, a Chicago-based hedge fund where he was chief executive. He’s donated more than $1 billion, including $300 million to Chicago nonprofits.

Other notables: Morningstar chair and Chief Executive Joe Mansueto ($5.7 billion); real estate magnate Neil Bluhm ($5.4 billion); and investor Sam Zell ($5.4 billion)

Related: 26 Companies That Are Doing Good Deeds With Your Dollars

Cook Group
Cook Group

Indiana: Carl Cook

$9.6 billion

Cook’s parents started the medical device company Cook Group in their Bloomington apartment in 1963. He took over as chief executive after his father’s death in 2011.

Other notables: Simon Property Group co-founder and Indiana Pacers owner Herb Simon ($3.2 billion); and Indianapolis Colts owner Jim Irsay ($3 billion)

Harry Stine
Stine Seed Company

Iowa: Harry Stine

$5.6 billion

This farmer’s son turned his interest in seed genetics into a fortune, striking lucrative deals with Monsanto, Syngenta, and others. Forbes says he continues to develop seeds that allow for better yields or more resistance to pesticides.

Related: 27 of the Biggest Lawsuit Settlements Against Companies

Charles Koch
Charles Koch by Gavin Peters (CC BY-SA)

Kansas: Charles Koch

$47.4 billion

MIT degree-holder Koch has been chief executive of Koch Industries since 1967. He owns a 42% stake in the business, which Forbes says is the largest private company by revenue in America.

Other notables: Garmin co-founder Min Kao and family ($4.9 billion)

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Public Storage
Public Storage by Raysonho (CC BY)

Kentucky: Tamara Gustavson

$6.5 billion

Gustavson’s father, B. Wayne Hughes, co-founded Public Storage in 1972. She holds an 11% stake in the company.

Other notables: Public Storage co-founder B. Wayne Hughes ($3.9 billion), who gave the bulk of his holdings to his daughter and son

Gayle Benson
Gayle Benson by Joe-scott11 (CC BY-SA)

Louisiana: Gayle Benson

$3.4 billion

The former interior designer and third wife of Tom Benson inherited control of the NFL’s New Orleans Saints and NBA’s New Orleans Pelicans after her husband’s death in 2018 — and after legal disputes with his daughter and grandchildren. She’s also the majority owner of Dixie Beer, New Orleans’ oldest operating brewery.

Related: 17 Cheap Beers That Locals Love

Berkshire Hathaway
Berkshire Hathaway

Maine: Susan Alfond

$2.6 billion

Alfond’s father started the Dexter Shoe Co. in 1958 and sold it to Berkshire Hathaway for shares of that company’s stock in 1993. His children inherited those shares, now worth billions of dollars. Alfond’s holdings did nicely over the past year, increasing from $1.4 billion in April 2020.

Related: Where to Buy Shoes and Boots That Are Made in America

Mitchell Rales
Mitchell Rales by Maryland GovPics (CC BY)

Maryland: Mitchell Rales

$7 billion

Rales co-founded science and technology giant Danaher with his brother Steven in 1983. Forbes says he recently retired from his position at its spinoff, Fortive, but remains chairman of Danaher’s executive committee.

Other notables: Allegis Group founder and Baltimore Ravens owner Stephen Bisciotti ($4.9 billion); real estate developer Ted Lerner and family ($4.8 billion); and David Rubenstein ($4.1 billion), a co-founder of Carlyle Group

Related: The Best Things To Do In Baltimore

Abigail Johnson
Abigail Johnson by Singhaniket255 (None)

Massachusetts: Abigail Johnson

$21.6 billion

Johnson joined Fidelity Investments as an analyst in 1988, became chief executive in 2014, and chairman in 2016. Her grandfather, Edward Johnson II, founded the company in 1946 and she holds about 25% of the firm’s stock.

Other notables: Edward Johnson III ($10.6 billion); New Balance founder Jim Davis and family ($7.1 billion); and New England Patriots owner Robert Kraft ($6.9 billion)

Related: 30 Money Mistakes You're Probably Making and How to Avoid Them

Dan Gilbert
Drew Angerer/Getty

Michigan: Dan Gilbert

$38.4 billion

The co-founder of what would become Quicken Loans increased his net worth by $37.1 billion last year when Rocket Companies, the lender’s parent, went public. In addition to a 95% stake in Rocket, Gilbert also owns a majority stake in the NBA’s Cleveland Cavaliers.

Other notables: Hank and Doug Meijer ($12.6 billion) who own the Meijer supermarket chain with 230 stores in the Midwest; Mat Ishbia ($7.7 billion), president and chief executive of United Wholesale Mortgage; and Marian Ilitch ($3.7 billion), who co-founded Little Caesars with her late husband, Mike

Glen Taylor
Hannah Foslien /Getty

Minnesota: Glen Taylor

$3 billion

The founder of Taylor, a printing services company, has ownership stakes in the NBA’s Timberwolves and Minnesota United of Major League Soccer. He also owns the Minneapolis Star Tribune.

Other notables: Stanley Hubbard ($1.9 billion), who runs Hubbard Broadcasting; and Cargill heirs Martha MacMillan and John MacMillan (each with $1.2 billion)

Related: The Strangest Bets Bookies Are Taking During the Pandemic

Southern Tire Mart
Southern Tire Mart

Mississippi: James Duff and Thomas Duff

$1.4 billion each

The Duff brothers founded and own Duff Capital Investors, a holding company built from their father’s company, Southern Tire Mart. The business is the nation’s largest truck tire distributor.

Related: The Best Truck and SUV Tires

Cargill by Kelly Martin (CC BY-SA)

Missouri: Pauline MacMillan Keinath

$6.5 billion

Forbes says Keinath is believed to be the largest shareholder of food giant Cargill, with an estimated 13% stake. Her great-grandfather, W.W. Cargill, started the business in 1865.

Other notables: Bass Pro Shops founder and Chief Executive John Morris ($4.1 billion); Square co-founder Jim McKelvey ($3.8 billion); World Wide Technology founder and Chair David Steward ($3.7 billion); and Scottrade co-founder Rodger Riney and family ($3.6 billion) 

Related: Gifts for Preppers and Zombie Apocalypse Survivors

Dennis Washington
Dennis Washington by FelixRo (CC BY)

Montana: Dennis Washington

$6.5 billion

Washington built his fortune via construction and mining operations. He owns a copper mine, a regional railroad, and has stakes in two diamond mines. Forbes says he’s given $840 million to his foundation.

Other notables: Cargill heir Marianne Liebmann ($3.7 billion); and Linda Pritzker ($2 billion), whose father and uncle sold their manufacturing business to Berkshire Hathaway in 2008

Related: 40 Spectacular Train Trips Across America and Beyond

Warren Buffett
Paul Morigi/Getty

Nebraska: Warren Buffett

$109.8 billion

Dubbed the “Oracle of Omaha” for his long history of savvy investments, Buffett’s Berkshire Hathaway owns more than 60 companies. He’s also known for his generosity, promising to give away the bulk of his wealth. Forbes says he’s already donated more than $41 billion. 

Other notables: Chairman of Level 3 Communications and Buffett friend Walter Scott Jr. and family ($5.1 billion); and Greater Omaha Packing owner Henry Davis ($1.1 billion)

Related: 17 Billionaires With Surprisingly Frugal Habits

Miriam Adelson
Miriam Adelson by David Azagury (CC BY)

Nevada: Miriam Adelson

$36.1 billion

The widow of Sheldon Adelson owns more than half of the Las Vegas Sands gambling empire, with casinos in Las Vegas, Singapore, and Macao. A doctor, she and her husband founded the Sheldon G. Adelson Research Clinic in Las Vegas. The couple also donated $180 million to Republican candidates and causes in 2020.

Other notables: PeopleSoft and Workday founder David Duffield ($13.5 billion); Jay Chaudhry ($9.7 billion), chief executive of cybersecurity firm Zscaler; and Walmart heir Nancy Walton Laurie ($8 billion)

Related: The 15 Best Casinos NOT in Las Vegas

Panera Bread
Joel Carillet/istockphoto

New Hampshire: Andrea Reimann-Ciardelli

$720 million (2019)

This heir to her family’s chemical company sold her stake in JAB Holding (owner of Panera Bread, Caribou Coffee, and Krispy Kreme) for about $1 billion to other family members in 2003. Forbes listed her at $1.1 billion in March 2018; she’s since dropped off the list of billionaires.

Related: 20 Historic Sandwich Shops That Changed Lunch Forever

David Tepper
David Tepper by Appaloosa Management (CC BY-SA)

New Jersey: David Tepper

$14.5 billion

Founder and president of hedge fund Appaloosa Management, Tepper moved to Florida from New Jersey in 2016 but returned in late 2020. The former head of the junk bond desk at Goldman Sachs bought the NFL’s Carolina Panthers in 2018 for $2.3 billion.

Other notables: Mediacom cable company founder and Chief Executive Rocco Commisso ($7.3 billion); John Overdeck ($6.5 billion), co-founder of Two Sigma Investments; and Peter Kellogg ($3.8 billion), who sold his brokerage house Spear, Leeds & Kellogg to Goldman Sachs in 2000

Related: Strange But True Tax Laws From All 50 States

Solar plant(solar cell) with the cloud on sky, hot climate causes increased power production, Alternative energy to conserve the world's energy, Photovoltaic module idea for clean energy production
undefined undefined/istockphoto

New Mexico: Ron Corio

$1.1 billion

Corio owns 11% of Albuquerque-based solar firm Array Technologies. He founded the company in 1989 and stepped down as chief executive before it went public in 2020, but remains on the board. Forbes says he was New Mexico’s first billionaire, worth $1.1 billion as recently as April, but he’s just slipped off the publication’s list of billionaires.

Related: Which States Will See the Biggest Impact From Biden’s Climate Plan

Michael Bloomberg

New York: Michael Bloomberg

$59 billion

The former mayor of New York City — and 2020 presidential candidate — is chief executive of the financial information and media company he co-founded in 1981. As a philanthropist, he’s donated heavily to gun control, climate change, and other issues. 

Other notables: Julia Koch ($47.4 billion), widow of Koch Industries’ David Koch; Estee Lauder chairman emeritus Leonard Lauder ($25.9 billion); Renaissance Technologies founder Jim Simons ($24.6 billion); and media mogul Rupert Murdoch and family ($23.1 billion)

Related: 15 Historic Failures by Successful Billionaires

Tim Sweeney
Tim Sweeney by Official GDC (CC BY)

North Carolina: Tim Sweeney

$7.4 billion

Sweeney co-founded and is chief executive of video game developer Epic Games, the maker of Fortnite and creator of the Unreal Engine used by other studios.

Other notables: James Goodnight ($6.3 billion), and John Sall ($3.1 billion), co-founders of analytics software firm SAS

Related: 12 People Making Real Money on YouTube and Instagram

Gary Tharaldson
Gary Tharaldson by Jerry Anderson (CC BY-SA)

North Dakota: Gary Tharaldson

$1 billion (2019)

Once the first billionaire in North Dakota, this former gym teacher and insurance salesman still holds the title of that state’s richest person, USA Today says. His firm builds and operates hundreds of hotels across the country.

Related: Historic Hotels in Every State

Les Wexner and family
Wikimedia Commons

Ohio: Les Wexner and family

$6.6 billion

His first venture, The Limited, grew into L Brands, an apparel company that includes Victoria’s Secret and Bath & Body Works. He recently stepped down as chief executive in 2020 and says he plans to leave L Brands’ board this year.

Other notables: Denise York and family ($3.5 billion), co-chair of the NFL’s San Francisco 49ers; and Clayton Mathile ($2.3 billion), who sold pet food maker Iams in 1999

Love's Travel Stop
Love's Travel Stop by Love's Travel Stops & Country Stores (CC BY-SA)

Oklahoma: Tom and Judy Love

$10.9 billion

The couple founded the national convenience store chain Love’s Travel Stops & Country Stores, which has more than 490 locations in 41 states. Three of their four children also work for the company.

Other notables: Harold Hamm and family ($9 billion), founder and chairman of independent oil company Continental Resources; Hobby Lobby founder David Green and family ($7.7 billion); and BOK Financial chairman George Kaiser ($5.7 billion)

Related: 21 Things You Didn’t Know About Convenience Stores

Phil Knight and family
Drew Angerer/Getty

Oregon: Phil Knight and Family

$51.3 billion

Knight founded and ran Nike for 52 years before retiring in 2016. He’s pledged more than $500 million to his alma maters, the University of Oregon, and Stanford’s Graduate School of Business.

Other notables: Timothy Boyle ($2.9 billion), chairman and chief executive of Columbia Sportswear

Related: The Most Expensive Sneakers Ever Sold at Auction

Susquehanna International Group,
Susquehanna International Group

Pennsylvania: Jeff Yass

$12 billion

A former professional gambler, Yass is a cofounder of Susquehanna International Group, a giant in options trading with 2,000 employees worldwide.

Other notables: Victoria Mars ($7.8 billion), one of several heirs to the Mars food manufacturer family fortune; Michael Rubin ($6.2 billion), majority owner and chief executive of ecommerce holding company Kynetic; Mary Alice Dorrance Malone ($3.8 billion), granddaughter of the inventor of Campbell’s Soup; and tobacco heir John S. Middleton ($3.4 billion)

Related: The Forgotten History Behind Your Favorite Candies

Jonathan Nelson
Jonathan Nelson by Thomas Hawk (CC BY-NC)

Rhode Island: Jonathan Nelson

$2.1 billion

Nelson founded Providence Equity Partners in 1989. He was chief executive until January and remains executive chair of the firm.

Intertech Group
Intertech Group

South Carolina: Anita Zucker

$1.9 billion

Zucker is the chief executive of family-owned chemical manufacturer InterTech Group, which was founded by her late husband, Jerry, in 1982. Forbes says the former elementary school teacher and daughter of a Holocaust survivor is the only billionaire in South Carolina.

Related: 15 Dangerous Products That Had to Be Recalled

T. Denny Sanford
T. Denny Sanford by Jake DeGroot (CC BY-SA)

South Dakota: T. Denny Sanford

$2.8 billion

Sanford owns First Premier Bank, one of the largest issuers of Mastercards. He’s given more than $1.6 billion to charity, including $1 billion to Sanford Health, a group of nonprofit hospitals.

Related: 18 Big Companies Letting People Work From Home Long-Term

Thomas Frist Jr. and family
Thomas Frist Jr. and family by Eagledj (CC BY-SA)

Tennessee: Thomas Frist Jr. and Family

$17.6 billion

Frist founded Hospital Corp. of America with his father in 1969. HCA owns and operates more than 2,000 care sites, including 185 hospitals, in 20 states. One of his brothers is Bill Frist, the former U.S. Senate majority leader.

Other notables: Fred Smith ($6.8 billion), founder, chairman, and chief executive of FedEx; former chairman of Ingram Industries, Martha Ingram and family ($3.8 billion); and Jimmy Haslam ($3 billion), chief executive of Pilot Flying J and majority owner of the NFL’s Cleveland Browns

Related: Reduce Your Health Care Costs With These Expert Tips for Seniors

Elon Musk
Saul Martinez/Stringer/Getty Images News/Getty Images North America

Texas: Elon Musk

$166 billion

Musk’s net worth rose dramatically with the popularity of electric car maker Tesla, which he founded in 2003, and, more recently, SpaceX, his reusable rocket company. Born in South Africa, Musk lives in Austin after moving from California in December. 

Other notables: Alice Walton ($66.1 billion), one of the richest women in the world and the only daughter of Walmart founder Sam Walton; Michael Dell ($51.2 billion) of computer maker Dell; Walmart heir Ann Walton Kroenke ($9.1 billion) and her husband, real estate and sports mogul Stanley Kroenke ($8.2 billion); and Jerry Jones ($8.9 billion) of the NFL’s Dallas Cowboys

Related: Surprising Things Tesla Makes That Aren't Electric Cars

Matthew Prince

Utah: Matthew Prince

$2.6 billion

A former law professor, Prince is the chief executive of Cloudflare, the internet security company he co-founded in 2009 and took public in 2019. 

Other notables: Gail Miller ($2.4 billion), who built a network of car dealerships with her husband; and Scott Smith ($1 billion), co-founder of cloud computing company Qualtrics

Related: 21 Smart Investments to Make in 2021

John Abele
John Abele by Sebastiaan ter Burg (CC BY)
Jacqueline Mars

Virginia: Jacqueline Mars

$31.5 billion

This well-known philanthropist inherited a one-third stake in candy maker Mars, which her grandfather founded. She serves on the boards of the Smithsonian and the National Archives.

Other notables: Daniel D’Aniello ($4.2 billion) and William Conway Jr. ($3.7 billion), co-founders of The Carlyle Group; and Winifred Johnson-Marquart ($3.6 billion), SC Johnson heir

Related: 22 American Women Who Are Self-Made Billionaires

Jeff Bezos
Alex Wong/Staff/Getty Images News/Getty Images North America

Washington: Jeff Bezos

$191 billion

Founder and soon-to-be ex-chief executive officer of ecommerce behemoth Amazon, Bezos is easily the richest person in America — despite losing a quarter of his Amazon holdings in a divorce settlement with MacKenzie Scott ($58.1 billion) in 2019. He also owns The Washington Post and aerospace company Blue Origin.

Other notables: Microsoft co-founder Bill Gates ($129.7 billion); and former Microsoft Chief Executive Steve Ballmer ($74.5 billion)

Related: Jeff Bezos and Other High-Profile CEOs Who Stepped Down From Their Companies

Jim Justice
Wikimedia Commons

West Virginia: Jim Justice

$451 million

The two-term governor inherited a coal business from his father and still owns mines in five states. The state’s only billionaire when first elected in 2016, he dropped off the Forbes billionaires list this year as his fortune follows coal’s continued decline.

Related: 25 Towns Devastated by Losing a Single Company

John Menard Jr.
John Menard Jr. by Travisvanvelzen (CC BY-SA)

Wisconsin: John Menard Jr.

$14.9 billion

Founder of home improvement retailers Menards, which earns an estimated $10.7 billion in sales from more than 300 stores concentrated in the middle of the country.

Other notables: Herbert Kohler Jr. and family ($9.8 billion), executive chairman of the plumbing and fixture manufacturer; Diane Hendricks ($8.2 billion), co-founder and chairman of ABC Supply, a wholesale distributor of building materials; and Judy Faulkner ($6.2 billion), who founded medical records software provider Epic

Related: 20 Products in Your Garage That Are Waste of Space and Money

John Mars

Wyoming: John Mars

$31.5 billion

Owner of a third of Mars, known for its candy, pet care, and food products and founded by his grandfather, Frank in 1911. His sister and nieces own the rest.

Other notables: Lukas Walton ($16.6 billion), grandson of Walmart founder Sam Walton; Christy Walton ($7.7 billion), who inherited a stake in Walmart when her husband, John Walton, died in 2005; and Hansjoerg Wyss ($6.5 billion), who founded medical device maker Synthes

Related: 50 Events That Made Retail History Before the Pandemic