Special Report

Richest Person in Every State

Source: Singhaniket255 / Wikimedia Commons

Massachusetts: Abigail Johnson
> Est. net worth: $16.4 billion
> Resides: Milton

With an estimated net worth of $16.4 billion, Abigail Johnson is the wealthiest person in Massachusetts and the fourth wealthiest woman in America. Johnson is current owner of mutual fund group Fidelity Investments. In 2014, Johnson took over as CEO of the firm — which today manages some $2.5 trillion in assets. Johnson’s siblings and co-heirs to the family fortune, Elizabeth Johnson and Edward Johnson IV, are also billionaires.

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Source: Wikimedia Commons

Michigan: Hank & Doug Meijer
> Est. net worth: $7.0 billion
> Resides: Grand Rapids

The heirs and co-chairmen of Michigan-based grocery chain Meijer, Hank and Doug Meijer, are the wealthiest people in the state. Meijer, which was founded in 1934 by the Meijers’ grandfather Hendrik Meijer, has over 200 locations throughout the Midwest. With an estimated net worth of $7.0 billion each, the Meijer brothers beat out other wealthy Michiganians such as Quicken Loans founder Daniel Gilbert and Little Caesars co-founder Marian Ilitch for the title of wealthiest person in the state.

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Source: Elsa / Getty Images

Minnesota: Glen Taylor
> Est. net worth: $2.8 billion
> Resides: Mankato

Glen Taylor made his fortune by founding Taylor Corp., a printing services company. Though he no longer serves as CEO, he is still chairman. Taylor has purchased ownership stakes in several Minnesota sports teams, including the NBA’s Timberwolves and the new MLS franchise Minnesota United.

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Source: Courtesy of The University of Southern Mississippi / Kelly Dunn

Mississippi: James and Thomas Duff
> Est. net worth: $1.2 billion
> Resides: Hattiesburg

Brothers James and Thomas Duff inherited their father’s business, Southern Tire Mart, in 1983. They have since turned the business into the largest truck tire distributor in the nation, becoming billionaires in the process and the richest people in Mississippi. The brothers have since diversified their interests and now own 18 businesses, including holding company Duff Capital Investors.

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Source: Dilip Vishwanat / Getty Images

Missouri: Stanley Kroenke
> Est. net worth: $8.8 billion
> Resides: Columbia

As a real estate developer and the husband of Walmart heiress Ann Walton Kroenke, Stan Kroenke has been able to amass a large fortune from developing the plazas near surrounding many Walmart stores. Kroenke also owns a number of professional sports teams, including the Los Angeles Rams and Arsenal Football Club. With an estimated net worth of $8.8 billion, Kroenke beats out other wealthy Missourians such as Cargill heiress Pauline MacMillan Keinath and Bass Pro Shops founder John Morris as the state’s richest resident.

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