Special Report

Richest Person in Every State

Source: Shaul Schwarz / Getty Images

6. Colorado
> Richest person: Charles Ergen
> Est. net worth: $14.5 billion
> Resides: Denver

Dish co-founder and CEO Charles Ergen is the wealthiest person in Colorado. While Dish’s satellite subscription rates are down, the company’s wireless spectrum licences operations has shown promise, which could improve Ergen’s net worth in the long-term.

Source: Astrid Stawiarz / Getty Images for LinkedIn

7. Connecticut
> Richest person: Ray Dalio
> Est. net worth: $17 billion
> Resides: Greenwich

Ray Dalio is the founder of Connecticut’s Bridgewater Associates, the largest hedge fund in the world based on assets managed. Many of Connecticut’s other wealthy residents owe their wealth to hedge funds, including SAC Capital head Steve Cohen, who was hit with a two-year ban from managing money after an insider trading allegation.

Source: Chemical Heritage Foundation / Wikimedia Commons & AP

8. Delaware
> Richest person: Robert Gore & Elizabeth Snyder
> Est. net worth: $720 million
> Resides: Newark & Wilmington

One of the country’s least populous states, Delaware is not home to any billionaires, and brother and sister Elizabeth Snyder and Robert Gore tie as the state’s wealthiest person. The two share in the Gore-Tex fortune founded by their parents. Robert, working as a chemical engineer, invented the waterproof material used in Gore-Tex apparel.

Source: Brendan Smialowski / Getty Images

9. Florida
> Richest person: Thomas Peterffy
> Est. net worth: $20.9 billion
> Resides: Palm Beach

Florida’s wealthiest resident is Thomas Peterffy, the chairman of Interactive Brokers. Peterffy is best known for his hand in popularizing digital high-speed trading. Peterffy lives in Palm Beach, where he recently helped open a high-end, members-only medical center, one of the first of its kind. Peterffy invested $5 million in the project, a drop in the bucket of his estimated $20.9 billion net worth.

Source: Courtesy of Cox Enterprises

10. Georgia
> Richest person: Jim Kennedy
> Est. net worth: $13.1 billion
> Resides: Atlanta

Georgia is home to Atlanta Billionaire Jim Kennedy, who inherited the Cox Enterprises empire. The company, which his grandfather founded in 1898, includes cable television company Cox Communications, as well as a number of other properties spanning television, newspaper, and the internet.