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VISUAL CAPITALIST

MAPPED: THE NUMBER OF U.S. BILLIONAIRES IN EACH STATE

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MAPPED: THE NUMBER OF U.S. BILLIONAIRES IN EACH STATE


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WEALTH


MAPPED: THE NUMBER OF U.S. BILLIONAIRES IN EACH STATE



Published

1 day ago

on

July 31, 2024

By

Pallavi Rao


GRAPHICS/DESIGN:


 * ALEJANDRA DANDER




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See this visualization first on the Voronoi app.



Use This Visualization


MAPPED: THE NUMBER OF U.S. BILLIONAIRES IN EACH STATE

This was originally posted on our Voronoi app. Download the app for free on iOS
or Android and discover incredible data-driven charts from a variety of trusted
sources.

The U.S. has the most billionaires in the world by a wide margin, more than
twice the number of the next-highest country in the world—China. But where do
they all live?

We map the number of billionaires in each state, as of 2023, with data sourced
from Forbes, accessed via World Population Review.




RANKED: U.S. STATES BY BILLIONAIRE RESIDENTS

There are 760 billionaires in the U.S., of which 472 (62%) live in just four
states: California, New York, Florida, and Texas.

California and New York are the only states with 100+ billionaires. In fact,
they also have more billionaires than every other country in the world, except
for China.

Search:

RankStateBillionaires 1California186 2New York135 3Florida78 4Texas73
5Illinois23 6Massachusetts22 7Georgia18 8Pennsylvania18 9Nevada17
10Connecticut13 11Washington13 N/ATotal760

Showing 1 to 11 of 44 entries
PreviousNext

Fourteen states, led by the aforementioned Florida and Texas, have double-digit
billionaire populations. Washington D.C.’s billionaire population is also in the
double-digits (11) and because of its size, has the most billionaires per
capita.



As of 2023, seven states (Alaska, Delaware, New Hampshire, New Mexico, North
Dakota, Vermont, and West Virginia) have zero billionaires.

Alabama didn’t have a billionaire until last year when Great Southern Wood
founder and CEO James Rane became one. The company is one of the largest in the
world for manufacturing pressure-treated wood.

Billionaires are also on the move recently. America’s richest person, Elon Musk
(worth $260 billion) lives in Texas, after bidding goodbye to the California in
2020. This year, Jeff Bezos moved to Miami after three decades in Washington, a
relocation that could save him $600 million in taxes.


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Related Topics:new yorkhigh net worth individualswealthy
peopleU.S.floridahnwisultra-wealthycaliforniatexasmark
zuckerbergbillionairesbill gatesjeff bezosmapsunited stateselon musk

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