Net Worth of Billionaires in US States in 2018

Oct 29, 2018
Total Net Worth of Billionaires of Each US State

The chart above shows the total net worth of each state's billionaires.  California and New York are the only states whose billionaires have a total net worth of over $500 billion.

Findings

  • The difference between the state with the highest total net worth, California, and the state with the lowest (that has billionaires), New Hampshire, is $732.3 billion.
  • California has 666.73 times the billionaire net worth that New Hampshire does.
  • The median net worth of billionaires in the 50 states is $23.9 billion and the mean $61.94 billion.
  • The median net worth of billionaires in the 42 states that do have billionaires is $32.7 billion and the mean $73.74 billion.
  • Alabama, Alaska, Delaware, Louisiana, Mississippi, New Mexico, North Dakota, and Vermont do not have a single billionaire.

Caveats

  • Data is from 2018.

Details

Just like California has nearly one-quarter of all the billionaires in the US, its billionaires also have nearly one-quarter (23.68%) of the net worth of the country's billionaires.  California, New York, and Washington also have over half (50.19%) the net worth of the country's billionaires.

Six states' billionaires have a total net worth of over $100 billion (in descending order): California, New York, Washington, Texas, Florida, and Arkansas.  The Midwest is the only region without a state in the top five, however, Nebraska does rank seventh.

Sources

Forbes.  2018.  "The World's Billionaires List."  Accessed October 2, 2018.  https://www.forbes.com/billionaires/list/21/#version:static.

Filed under: Charts and Graphs