State rankings

Most Billionaires by State

California has the highest Number of Billionaires (124), followed by New York (93) and Texas (48). South Dakota has the lowest (1).

42 of 51 states

Number of Billionaires

Darker means higher. Click a place to highlight it.

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All 42 ranked

Highest first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one state; the lines mark the median and the middle half.

Median
5
Middle half 2 – 9.75
Average
12.26
42 states
Highest
124
California
Lowest
1
South Dakota

Data

Click a column to sort, a row to highlight that place on the charts.

42 states · # = rank by Number of Billionaires
#
1California124$532.4BTechnology
2New York93$429.7BFinance and Investments
3Texas48$219BEnergy
4Florida44$126.6BFood and beverage
5Illinois17$43.9BFinance and Investments
6Washington13$180.3BTechnology
7Michigan11$36.2BHealthcare
8Pennsylvania10$20.3BFood and Beverage
8Tennessee10$26.5BHealthcare, Fashion and retail
8Massachusetts10$39.2BFinance and Investments
8Colorado10$38.8BMedia and Entertainment/Food and Beverage
12Georgia9$30.5BMedia and entertainment, Food and beverage, Fashion and Retail, Service
12Arizona9$22.3BAutomotive
12Wisconsin9$40.5BManufacturing
12Wyoming9$70.6BManufacturing/Healthcare/Food and Beverage/Fashion and Retail
16New Jersey8$34.4BFinance and Investments
16Maryland8$23.4BFinance and Investments, Sports
16Nevada8$40.8BGambling and casinos
19Ohio6$15.3BFinance and Investments
19Missouri6$28.5BFashion and Retail
21Virginia5$32.6BFinance and investments
21Minnesota5$10.6BFood and beverage
21Oklahoma5$27.1BEnergy
21Arkansas5$71.8BFashion and retail
25Indiana4$12.3BSports
25Montana4$14BFood and Beverage
27North Carolina3$14.3BTechnology
27Idaho3$5.5BManufacturing
29Oregon2$47.3BFashion and Retail
29Utah2$3.2BManufacturing
29Kansas2$61BDiversified/Technology
29Nebraska2$118BFinance and Investments, Energy
29Hawaii2$116BTechnology
34South Carolina1$1.8BManufacturing
34Kentucky1$8.5BServise
34Louisiana1$3.8BSports
34Iowa1$6.9BAgriculture
34West Virginia1$1.6BMetals & Mining
34New Hampshire1$1BFashion and Retail
34Maine1$2.8BFashion and Retail
34Rhode Island1$2.2BFinance and Investments
34South Dakota1$3.4BFinance and Investments

What correlates with Number of Billionaires?

Pearson r against 2,110 other state metrics sharing at least 26 states. Ranks are read by standing: a better rank counts as higher, whether rank 1 is the best place on a list or the worst. Correlation is not causation.

Higher together

Places that have a higher Number of Billionaires tend to score higher on these (or rank better)

  1. Bar Exam TakersHardest Bar Exams by State
    r = +0.97 · very strong · n = 29
    Plot
  2. Abortion ClinicsAbortion Rates by State
    r = +0.97 · very strong · n = 31
    Plot
  3. Transgender Population Age 13-17 (2016-2021)What Percentage of the Population is Transgender?
    r = +0.96 · very strong · n = 42
    Plot
  4. Rat Population (Estimated)Rat Population by State
    r = +0.96 · very strong · n = 42
    Plot
  5. Total HomelessHomeless Population by State
    r = +0.96 · very strong · n = 42
    Plot
  6. Unaccompanied Homeless YouthsHomeless Population by State
    r = +0.95 · very strong · n = 42
    Plot

Opposite directions

Places that have a higher Number of Billionaires tend to score lower on these (or rank worse)

  1. Req. English CreditsHigh School Graduation Requirements by State
    r = −0.64 · strong · n = 39
    Plot
  2. Balance of Payments without COVIDFederal Aid by State
    r = −0.58 · strong · n = 42
    Plot
  3. OpportunityBest States to Live InA rank: rank 1 is the best
    r = +0.53 · strong · n = 41
    Plot
  4. % VeteransVeterans Unemployment Benefits by State
    r = −0.50 · strong · n = 42
    Plot
  5. Opportunity RankWorst States to Live inA rank: rank 1 is the worst
    r = −0.50 · strong · n = 42
    Plot
  6. FTE Convictions RankMost Corrupt StatesA rank: rank 1 is the worst
    r = −0.50 · moderate · n = 42
    Plot

Quick answers

Which state has the highest Number of Billionaires?
California has the highest Number of Billionaires, at 124, followed by New York (93) and Texas (48).
Which state has the lowest Number of Billionaires?
South Dakota has the lowest Number of Billionaires, at 1.
What is the median Number of Billionaires across US states?
The median is 5 across the 42 US states with data.
Where does this most billionaires by state data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Which U.S. States Have the Most Billionaires? - Madison Trust; Richest billionaires in Arkansas - Stacker; The Richest Billionaire In Every State 2022 - Forbes; How many billionaires live in every state and DC? - LoveMoney.