Special Report

This is the City in Connecticut With the Most Billionaires

There are nearly 2,400 people worldwide whose individual 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 city in every state with the most billionaires. The combined net worth of the billionaires in some U.S. cities exceeds the entire 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 wealthiest residents’ net worth. For example, many of the wealthiest people in the country have made their fortune through some association a successful company — and these people often live in close proximity to these companies. As a result, many of the cities on this list have high concentrations of companies in well-paying industries like finance, tech, and oil.

In Connecticut, Greenwich is home to more billionaires than any other city. A total of 11 billionaires live in Greenwich with a combined net worth of $47.2 billion. Of Greenwich residents with a minimum 10-figure net worth, Ray Dalio is the wealthiest, worth an estimated $16.9 billion.

Branford is the city with the second most billionaires with the highest combined net worth in Connecticut. There is one billionaire in the city worth an estimated $5 billion.

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. This is the city in every state with the most billionaires.

 

City with the most billionaires: Number of billionaires: Total billionaire net worth: Top billionaire:
Alabama: None 0 N/A N/A
Alaska: None 0 N/A N/A
Arizona: Phoenix 7 $24.9 billion Ernest Garcia III
Arkansas: Bentonville 2 $124.6 billion Jim Walton
California: San Francisco 41 $173.8 billion Dustin Moskovitz
Colorado: Denver 4 $23.5 billion Philip Anschutz
Connecticut: Greenwich 11 $47.2 billion Ray Dalio
Delaware: None 0 N/A N/A
Florida: Palm Beach 11 $61.6 billion Thomas Peterffy
Georgia: Atlanta 12 $55.1 billion Jim Kennedy
Hawaii: Honolulu 1 $23.8 billion Pierre Omidyar
Idaho: Idaho Falls 1 $3.5 billion Frank VanderSloot
Illinois: Chicago 11 $49.5 billion Ken Griffin
Indiana: Bloomington 1 $10.5 billion Carl Cook
Iowa: Adel 1 $5.4 billion Harry Stine
Kansas: Wichita 1 $44.9 billion Charles Koch
Kentucky: Lexington 2 $8.5 billion Tamara Gustavson
Louisiana: New Orleans 1 $3.3 billion Gayle Benson
Maine: Scarborough 1 $2 billion Susan Alfond
Maryland: Potomac 2 $9 billion Mitchell Rales
Massachusetts: Boston 10 $33.9 billion Edward Johnson III
Michigan: Franklin 1 $49.7 billion Daniel Gilbert
Minnesota: Mankato 1 $2.5 billion Glen Taylor
Mississippi: Hattiesburg 2 $2.8 billion James and Thomas Duff
Missouri: St. Louis 5 $18.5 billion Pauline MacMillan Keinath
Montana: Missoula 2 $8.3 billion Dennis Washington
Nebraska: Omaha 3 $101 billion Warren Buffett
Nevada: Las Vegas 6 $14.3 billion Steve Wynn
New Hampshire: None 0 N/A N/A
New Jersey: Saddle River 1 $7.2 billion Rocco Commisso
New Mexico: None 0 N/A N/A
New York: New York 86 $446 billion Michael Bloomberg
North Carolina: Cary 3 $15 billion James Goodnight
North Dakota: None 0 N/A N/A
Ohio: Cleveland 3 $3.3 billion Norma Lerner
Oklahoma: Oklahoma City 3 $23.2 billion Tom & Judy Love
Oregon: Hillsboro 1 $51.6 billion Phil Knight & family
Pennsylvania: Philadelphia 3 $10.6 billion Victoria Mars
Rhode Island: Providence 1 $2 billion Jonathan Nelson
South Carolina: Charleston 1 $1.9 billion Anita Zucker
South Dakota: Sioux Falls 1 $1.6 billion T. Denny Sanford
Tennessee: Nashville 3 $20.7 billion Thomas Frist Jr & family
Texas: Dallas 18 $57.9 billion Jerry Jones
Utah: Provo 3 $3.5 billion Ryan Smith
Vermont: None 0 N/A N/A
Virginia: McLean 2 $4.7 billion William Conway Jr
Washington: Seattle 8 $252.2 billion Jeff Bezos
West Virginia: Lewisburg 1 $1.2 billion Jim Justice II
Wisconsin: Racine 3 $11.7 billion S. Curtis Johnson
Wyoming: Jackson 3 $52.1 billion John Mars