Special Report

The Richest Person in Every State

Source: Courtesy of Koch Industries

Kansas: Charles Koch
> Net worth: $60 billion
> Residence: Wichita

Kansas’ Charles Koch, along with his late brother David, made his fortune building and running Koch Industries, which has operations in everything from paper products to chemical manufacturing to oil pipelines. The Koch brothers have been known for their participation in the American political system and for their financial support of conservative candidates.

Source: Courtesy of Tamara Hughes Gustavson

Kentucky: Tamara Gustavson
> Net worth: $8.5 billion
> Residence: Lexington

Tamara Gustavson is the largest shareholder of self storage company Public Storage, which was started by her father, B. Wayne Hughes, in 1972.. She also sits on Public Storage’s board as well as on the board of American Homes 4 Rent, which was also founded by her father. Gustavson lives on her family’s horse breeding farm, Spendthrift Farms, in Lexington, Kentucky.

Source: Jonathan Bachman / Getty Images

Louisiana: Gayle Benson
> Net worth: $3.8 billion
> Residence: New Orleans

Gayle Benson became the wealthiest person in Louisiana following the death of her husband, Tom Benson, in 2018. A legal battle with Tom’s children and grandchildren, who claimed he was mentally unfit when he gave her control of his assets, was eventually settled. Benson now owns both of New Orleans’s pro sports teams, the Pelicans and the Saints.

Source: Courtesy of Getty Images

Maine: Susan Alfond
> Net worth: $2.8 billion
> Residence: Scarborough

Susan Alfond is the heiress to the Alfond family fortune. Alfond’s father founded the Dexter Shoe Company, which he sold to Warren Buffett for $420 million in Berkshire Hathaway stock in 1993. As Berkshire Hathaway stock has appreciated, the Alfonds have since made billions.

Maryland: Stephen Bisciotti
> Net worth: $5.9 billion
> Residence: Millersville

Stephen Bisciotti is the wealthiest resident of Maryland, with an estimated net worth of $5.9 billion. Bisciotti started staffing company Allegis with his cousin in 1983, growing it to the country’s largest workforce service firm. Bisciotti now owns the Baltimore Ravens of the NFL, leading the team to a Super Bowl win in 2013.

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