There are nearly 2,400 people worldwide whose personal net worth exceeds $1 billion — and more than one-quarter of them live in the United States. All told, there are over 250 cities and towns across the country that at least one of the world’s ultra wealthy calls home.
Using data from Forbes’ Real Time Billionaires list, 24/7 Wall St. identified the municipality in every state with the most billionaires. The combined net worth of the billionaires in some U.S. cities exceeds the annual GDP of many states.
The U.S. cities that are home to the most billionaires are often closely tied to the sources of their richest residents’ wealth. For example, many of the wealthiest people in the country have made their fortune through some association to a successful company — and they often live in close proximity to these companies.
It is no coincidence that Bentonville, Arkansas, where Walmart is headquartered, is home to two billionaires, both members of the founding Walton family, or that Amazon.com, Inc.’s founder Jeff Bezos, the wealthiest man in the United States, lives in Seattle, where his company’s home office is located. Here is a look at America’s highest paid CEOs.
New York, the most populous city in the United States, is also home to the most billionaires — more than double the number in the city with the second most billionaires. There are also seven states, each of which has relatively small populations, where there are no billionaires. Here is a look at 14 billionaires who have gone broke.
Click here to see the city in every state with the most billionaires.
Click here to see our methodology.
Correction: A previous version of this story incorrectly listed the first name of one of the Duff brothers. They are James and Thomas Duff.
Source: Kruck20 / Getty Images
Alabama: None
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Source: Chilkoot / Getty Images
Alaska: None
Source: Melikamp / Wikimedia Commons
Arizona: Phoenix
> Billionaires residing in Phoenix: 7
> Combined net worth of billionaires in city: $24.9 billion
> Wealthiest billionaire in city: Ernest Garcia III ($8.7 billion)
> Runner-up city: Tempe (1 billionaire; net worth: $19.5 billion)
Source: Matthew Campbell / iStock via Getty Images
Arkansas: Bentonville
> Billionaires residing in Bentonville: 2
> Combined net worth of billionaires in city: $124.6 billion
> Wealthiest billionaire in city: Jim Walton ($62.4 billion)
> Runner-up city: Fayetteville (1 billionaire; net worth: $3.8 billion)
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Source: Ron_Thomas / Getty Images
California: San Francisco
> Billionaires residing in San Francisco: 41
> Combined net worth of billionaires in city: $173.8 billion
> Wealthiest billionaire in city: Dustin Moskovitz ($17.9 billion)
> Runner-up city: Los Angeles (25 billionaires; net worth: $98.8 billion)
Source: photoquest7 / Getty Images
Colorado: Denver
> Billionaires residing in Denver: 4
> Combined net worth of billionaires in city: $23.5 billion
> Wealthiest billionaire in city: Philip Anschutz ($10.1 billion)
> Runner-up city: Elizabeth (1 billionaire; net worth: $7.5 billion)
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Source: DenisTangneyJr / E+ via Getty Images
Connecticut: Greenwich
> Billionaires residing in Greenwich: 11
> Combined net worth of billionaires in city: $47.2 billion
> Wealthiest billionaire in city: Ray Dalio ($16.9 billion)
> Runner-up city: Branford (1 billionaire; net worth: $5.0 billion)
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Source: DenisTangneyJr / Getty Images
Delaware: None
Source: Flavio Vallenari / iStock via Getty Images
Florida: Palm Beach
> Billionaires residing in Palm Beach: 11
> Combined net worth of billionaires in city: $61.6 billion
> Wealthiest billionaire in city: Thomas Peterffy ($25.2 billion)
> Runner-up city: Miami Beach (6 billionaires; net worth: $23.2 billion)
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Source: SeanPavonePhoto / Getty Images
Georgia: Atlanta
> Billionaires residing in Atlanta: 12
> Combined net worth of billionaires in city: $55.1 billion
> Wealthiest billionaire in city: Jim Kennedy ($8.2 billion)
> Runner-up city: None
Source: Art Wager / Getty Images
Hawaii: Honolulu
> Billionaires residing in Honolulu: 1
> Combined net worth of billionaires in city: $23.8 billion
> Wealthiest billionaire in city: Pierre Omidyar ($23.8 billion)
> Runner-up city: None
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Source: Danamallard51 / iStock via Getty Images
Idaho: Idaho Falls
> Billionaires residing in Idaho Falls: 1
> Combined net worth of billionaires in city: $3.5 billion
> Wealthiest billionaire in city: Frank VanderSloot ($3.5 billion)
> Runner-up city: None
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Source: Ron_Thomas / Getty Images
Illinois: Chicago
> Billionaires residing in Chicago: 11
> Combined net worth of billionaires in city: $49.5 billion
> Wealthiest billionaire in city: Ken Griffin ($15.0 billion)
> Runner-up city: Highland Park (2 billionaires; net worth: $4.2 billion)
Source: Jeremy_Hogan / Getty Images
Indiana: Bloomington
> Billionaires residing in Bloomington: 1
> Combined net worth of billionaires in city: $10.5 billion
> Wealthiest billionaire in city: Carl Cook ($10.5 billion)
> Runner-up city: Indianapolis (1 billionaire; net worth: $3.1 billion)
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Source: Brandonrush / Wikimedia Commons
Iowa: Adel
> Billionaires residing in Adel: 1
> Combined net worth of billionaires in city: $5.4 billion
> Wealthiest billionaire in city: Harry Stine ($5.4 billion)
> Runner-up city: None
Source: Sean Pavone / Getty Images
Kansas: Wichita
> Billionaires residing in Wichita: 1
> Combined net worth of billionaires in city: $44.9 billion
> Wealthiest billionaire in city: Charles Koch ($44.9 billion)
> Runner-up city: Leawood (1 billionaire; net worth: $4.6 billion)
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Source: Davel5957 / Getty Images
Kentucky: Lexington
> Billionaires residing in Lexington: 2
> Combined net worth of billionaires in city: $8.5 billion
> Wealthiest billionaire in city: Tamara Gustavson ($5.5 billion)
> Runner-up city: Louisville (1 billionaire; net worth: $1.1 billion)
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Source: f11photo / Getty Images
Louisiana: New Orleans
> Billionaires residing in New Orleans: 1
> Combined net worth of billionaires in city: $3.3 billion
> Wealthiest billionaire in city: Gayle Benson ($3.3 billion)
> Runner-up city: None
Source: Magicpiano / Wikimedia Commons
Maine: Scarborough
> Billionaires residing in Scarborough: 1
> Combined net worth of billionaires in city: $2.0 billion
> Wealthiest billionaire in city: Susan Alfond ($2.0 billion)
> Runner-up city: None
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Source: mikespeaks / Flickr
Maryland: Potomac
> Billionaires residing in Potomac: 2
> Combined net worth of billionaires in city: $9.0 billion
> Wealthiest billionaire in city: Mitchell Rales ($6.3 billion)
> Runner-up city: Chevy Chase (2 billionaires; net worth: $8.0 billion)
Source: Sean Pavone / Getty Images
Massachusetts: Boston
> Billionaires residing in Boston: 10
> Combined net worth of billionaires in city: $33.9 billion
> Wealthiest billionaire in city: Edward Johnson III ($7.4 billion)
> Runner-up city: Newton (3 billionaires; net worth: $13.6 billion)
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Source: Traveler100 / Wikimedia Commons
Michigan: Franklin
> Billionaires residing in Franklin: 1
> Combined net worth of billionaires in city: $49.7 billion
> Wealthiest billionaire in city: Daniel Gilbert ($49.7 billion)
> Runner-up city: Grand Rapids (1 billionaire; net worth: $10.2 billion)
Source: DenisTangneyJr / iStock via Getty Images
Minnesota: Mankato
> Billionaires residing in Mankato: 1
> Combined net worth of billionaires in city: $2.5 billion
> Wealthiest billionaire in city: Glen Taylor ($2.5 billion)
> Runner-up city: St. Paul (1 billionaire; net worth: $1.9 billion)
Source: DenisTangneyJr / Getty Images
Mississippi: Hattiesburg
> Billionaires residing in Hattiesburg: 2
> Combined net worth of billionaires in city: $2.8 billion
> Wealthiest billionaire in city: James and Thomas Duff ($1.4 billion each)
> Runner-up city: None
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Source: DenisTangneyJr / Getty Images
Missouri: St. Louis
> Billionaires residing in St. Louis: 5
> Combined net worth of billionaires in city: $18.5 billion
> Wealthiest billionaire in city: Pauline MacMillan Keinath ($4.9 billion)
> Runner-up city: Springfield (1 billionaire; net worth: $4.1 billion)
Source: Jon Bilous / Shutterstock.com
Montana: Missoula
> Billionaires residing in Missoula: 2
> Combined net worth of billionaires in city: $8.3 billion
> Wealthiest billionaire in city: Dennis Washington ($6.3 billion)
> Runner-up city: Bozeman (1 billionaire; net worth: $2.8 billion)
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Source: Matt Bills / Getty Images
Nebraska: Omaha
> Billionaires residing in Omaha: 3
> Combined net worth of billionaires in city: $101.0 billion
> Wealthiest billionaire in city: Warren Buffett ($94.9 billion)
> Runner-up city: None
Source: f11photo / Getty Images
Nevada: Las Vegas
> Billionaires residing in Las Vegas: 6
> Combined net worth of billionaires in city: $14.3 billion
> Wealthiest billionaire in city: Steve Wynn ($3.2 billion)
> Runner-up city: Reno (2 billionaires; net worth: $2.4 billion)
Source: DenisTangneyJr / Getty Images
New Hampshire: None
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Source: JERRYE & ROY KLOTZ M.D. / Wikimedia Commons
New Jersey: Saddle River
> Billionaires residing in Saddle River: 1
> Combined net worth of billionaires in city: $7.2 billion
> Wealthiest billionaire in city: Rocco Commisso ($7.2 billion)
> Runner-up city: Millburn (1 billionaire; net worth: $6.5 billion)
Source: Davel5957 / Getty Images
New Mexico: None
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Source: Sean Pavone / Getty Images
New York: New York
> Billionaires residing in New York: 86
> Combined net worth of billionaires in city: $446.0 billion
> Wealthiest billionaire in city: Michael Bloomberg ($54.9 billion)
> Runner-up city: Oyster Bay (2 billionaires; net worth: $7.5 billion)
Source: https://www.flickr.com/photos/dougtone/
North Carolina: Cary
> Billionaires residing in Cary: 3
> Combined net worth of billionaires in city: $15.0 billion
> Wealthiest billionaire in city: James Goodnight ($6.5 billion)
> Runner-up city: None
Source: rruntsch / Getty Images
North Dakota: None
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Source: Sean Pavone / Getty Images
Ohio: Cleveland
> Billionaires residing in Cleveland: 3
> Combined net worth of billionaires in city: $3.3 billion
> Wealthiest billionaire in city: Norma Lerner ($1.1 billion)
> Runner-up city: New Albany (1 billionaire; net worth: $6.2 billion)
Source: Davel5957 / Getty Images
Oklahoma: Oklahoma City
> Billionaires residing in Oklahoma City: 3
> Combined net worth of billionaires in city: $23.2 billion
> Wealthiest billionaire in city: Tom & Judy Love ($8.2 billion)
> Runner-up city: Tulsa (2 billionaires; net worth: $9.0 billion)
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Oregon: Hillsboro
> Billionaires residing in Hillsboro: 1
> Combined net worth of billionaires in city: $51.6 billion
> Wealthiest billionaire in city: Phil Knight & family ($51.6 billion)
> Runner-up city: Portland (1 billionaire; net worth: $2.8 billion)
Source: Sean Pavone / Getty Images
Pennsylvania: Philadelphia
> Billionaires residing in Philadelphia: 3
> Combined net worth of billionaires in city: $10.6 billion
> Wealthiest billionaire in city: Victoria Mars ($7.2 billion)
> Runner-up city: Bryn Mawr (2 billionaires; net worth: $6.9 billion)
Source: DenisTangneyJr / Getty Images
Rhode Island: Providence
> Billionaires residing in Providence: 1
> Combined net worth of billionaires in city: $2.0 billion
> Wealthiest billionaire in city: Jonathan Nelson ($2.0 billion)
> Runner-up city: None
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Source: SeanPavonePhoto / Getty Images
South Carolina: Charleston
> Billionaires residing in Charleston: 1
> Combined net worth of billionaires in city: $1.9 billion
> Wealthiest billionaire in city: Anita Zucker ($1.9 billion)
> Runner-up city: None
Source: DenisTangneyJr / Getty Images
South Dakota: Sioux Falls
> Billionaires residing in Sioux Falls: 1
> Combined net worth of billionaires in city: $1.6 billion
> Wealthiest billionaire in city: T. Denny Sanford ($1.6 billion)
> Runner-up city: None
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Source: Sean Pavone / Getty Images
Tennessee: Nashville
> Billionaires residing in Nashville: 3
> Combined net worth of billionaires in city: $20.7 billion
> Wealthiest billionaire in city: Thomas Frist Jr & family ($15.1 billion)
> Runner-up city: Franklin (3 billionaires; net worth: $6.9 billion)
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Source: Sean Pavone / Getty Images
Texas: Dallas
> Billionaires residing in Dallas: 18
> Combined net worth of billionaires in city: $57.9 billion
> Wealthiest billionaire in city: Jerry Jones ($8.7 billion)
> Runner-up city: Houston (14 billionaires; net worth: $52.9 billion)
Source: DenisTangneyJr / Getty Images
Utah: Provo
> Billionaires residing in Provo: 3
> Combined net worth of billionaires in city: $3.5 billion
> Wealthiest billionaire in city: Ryan Smith ($1.3 billion)
> Runner-up city: Salt Lake City (1 billionaire; net worth: $1.9 billion)
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Source: DenisTangneyJr / Getty Images
Vermont: None
Source: krblokhin / iStock via Getty Images
Virginia: McLean
> Billionaires residing in McLean: 2
> Combined net worth of billionaires in city: $4.7 billion
> Wealthiest billionaire in city: William Conway Jr ($3.3 billion)
> Runner-up city: The Plains (1 billionaire; net worth: $28.9 billion)
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Source: aiisha5 / Getty Images
Washington: Seattle
> Billionaires residing in Seattle: 8
> Combined net worth of billionaires in city: $252.2 billion
> Wealthiest billionaire in city: Jeff Bezos ($183.1 billion)
> Runner-up city: Medina (2 billionaires; net worth: $129.6 billion)
Source: sshepard / iStock Unreleased via Getty Images
West Virginia: Lewisburg
> Billionaires residing in Lewisburg: 1
> Combined net worth of billionaires in city: $1.2 billion
> Wealthiest billionaire in city: Jim Justice II ($1.2 billion)
> Runner-up city: None
Source: DenisTangneyJr / Getty Images
Wisconsin: Racine
> Billionaires residing in Racine: 3
> Combined net worth of billionaires in city: $11.7 billion
> Wealthiest billionaire in city: S. Curtis Johnson ($3.9 billion)
> Runner-up city: Eau Claire (1 billionaire; net worth: $14.2 billion)
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Source: benedek / iStock via Getty Images
Wyoming: Jackson
> Billionaires residing in Jackson: 3
> Combined net worth of billionaires in city: $52.1 billion
> Wealthiest billionaire in city: John Mars ($28.9 billion)
> Runner-up city: Little Jackson Hole (1 billionaire; net worth: $3.6 billion)
Methodology:
To determine the city in every state with the most billionaires, 24/7 Wall St. compiled data from Forbes’ Real Time Billionaires list. Data on residency and net worth came from the list, which is updated every five minutes to reflect changes in stock prices and private company valuations. In cases where the number of billionaires in two cities within the same state was a tie, the city with the highest total billionaire net worth was given preference. Data is current as of March 29, 2021.
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