Special Report

The Richest Person in Every State

Source: Courtesy of Chase Foundation

New Mexico: Mack C. Chase
> Net worth: $700 million
> Residence: Artesia

Mack C. Chase is an oil and gas tycoon who grew up in Artesia, New Mexico, where he still resides today. Chase started his own oil drilling business in 1968. While the Mack Energy Corporation has since expanded its operations to Texas and other parts of New Mexico, the company’s headquarters remain in Artesia. Through the Chase Foundation, Chase has donated millions to Artesia’s schools, students, athletic fields, health care facilities, and the downtown area.

New York: Michael Bloomberg
> Net worth: $82 billion
> Residence: New York

New York is home to dozens of billionaires, and at the top of this group is investor, media mogul, and former New York Mayor Michael Bloomberg. In 1981, Bloomberg started his investing media company, which also provides trading terminals to businesses and investors. Bloomberg was able to leverage his fame and wealth in the New York area to win a bid for city mayor in 2002 and served for three terms.

North Carolina: Tim Sweeney
> Net worth: $7.4 billion
> Residence: Cary

Video game developer Tim Sweeney now ranks as North Carolina’s wealthiest resident, supplanting James Goodnight, founder of software company SAS. Sweeney is the CEO and cofounder of Epic Games, best known for its popular “Fortnite” video game. Epic Games also created Unreal Engine, a development kit used by other video game creators.

Source: Courtesy of Tharaldson Hospitality Management

North Dakota: Gary Tharaldson
> Net worth: $900 million
> Residence: Fargo

Gary Tharaldson, the Fargo-based builder and operator of hundreds of hotels across the country through Tharaldson Companies, is the only billionaire in North Dakota. Tharaldson sold 130 of his hotels for $1.2 billion to Goldman Sachs in 2006.

Source: Astrid Stawiarz / Getty Images Entertainment via Getty Images

Ohio: Les Wexner
> Net worth: $5.8 billion
> Residence: New Albany

Les Wexner is the founder and CEO of L Brands, a fashion retailer that owns flagship brands such as Victoria’s Secret and Bath & Body Works. In February 2020, Wexner announced he would step down as the CEO and sell a majority stake in L Brands to a private equity firm, but the deal fell through.

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