The three richest men in America — Warren Buffett, Bill Gates, and Jeff Bezos — control more wealth than the poorest 50% of Americans. This level of inequality is not the first time wealth has been so unevenly distributed in the United States. During the gilded age, just one Rockefeller or one Vanderbilt controlled wealth equal to a large fraction of the nation’s total GDP.
John D. Rockefeller, the wealthiest man in American history, is estimated to have been worth over one-quarter of a trillion dollars, inflation-adjusted, when he died, which is in a different class than America’s wealthiest persons today. Bill Gates and Warren buffet are each worth less than half what Rockefeller was worth.
Rockefeller, who was born and raised in upstate New York, helped shape both the city and the broader state’s history, as did his family. Rockefeller Center in Manhattan is only one small example of the impact Rockefeller had on New York state — those two names are forever linked. This is but one of many of the nation’s extremely wealthy becoming a significant part of an area’s identity.
A more recent example is Warren Buffett, who was born and raised in Omaha, Nebraska. Buffett continues to live there in a modest home, and he is an active philanthropist in his state.
While not every state in the country served as the childhood home of one of the nation’s extremely wealthy, every state has borne at least one person or family worth hundreds of millions of dollars.
Not all of these richest people are still alive, and many moved out of state never to return. Still, these states can claim they contributed to the start of at least one of America’s financial elite. Reviewing estimates from a variety of sources and adjusting for inflation, 24/7 Wall St. identified the richest person of all time from every state.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.