Special Report

25 Cities With the Most Billionaires

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25. Los Altos Hills, California
> Billionaires residing in Los Altos Hills: 4
> Combined net worth of billionaires in city: $10.4 billion
> Wealthiest billionaire in city: Ken Xie ($4.5 billion)

This 58-year-old Chinese-born billionaire founded two multibillion-dollar companies — IT security companies NetScreen, which sold to Juniper Networks in 2004, and Fortinet — making the Stanford-educated electrical engineer the richest billionaire in this wealthy incorporated town bordering Palo Alto and Mountain View.

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24. Miami, Florida
> Billionaires residing in Miami: 4
> Combined net worth of billionaires in city: $11.7 billion
> Wealthiest billionaire in city: Rakesh Gangwal ($3.8 billion)

Born in Kolkata, India in 1953, this Wharton-educated airline industry executive made his fortune co-founding Delhi-based budget carrier IndiGo in 2006 after serving as chief executive and chairman of US Airways Group.

23. Denver, Colorado
> Billionaires residing in Denver: 4
> Combined net worth of billionaires in city: $23.5 billion
> Wealthiest billionaire in city: Philip Anschutz ($10.1 billion)

The son of an oil baron, this 81-year-old, Kansas-born billionaire started in railroads and petroleum and has since spread out into telecommunications, real estate, sports, and music-entertainment, including investments in football and soccer leagues, major sporting and music venues, and the annual Coachella Valley Music and Arts Festival.

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22. St. Louis, Missouri
> 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)

The 86-year-old great-granddaughter of William Wallace Cargill, founder of the global food corporation that bears his name, owes her wealth to a sizeable stake in one of the largest privately held companies in the United States that continues to be controlled by the founder’s descendants.

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21. Naples, Florida
> Billionaires residing in Naples: 5
> Combined net worth of billionaires in city: $22.7 billion
> Wealthiest billionaire in city: Shahid Khan ($7.9 billion)

One of the rags-to-riches billionaires on this list, this 70-year-old Pakistani-born sports tycoon got his start founding Flex-N-Gate, a major U.S. auto parts supplier, and he later became owner of the NFL’s Jacksonville Jaguars.

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