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CEOWORLD magazine - Latest - Special Reports - Ranked: U.S. states by the number of billionaires, 2023

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Ranked: U.S. states by the number of billionaires, 2023

Unsurprisingly, more than half of the billionaires in the U.S. live in one of four states (California, New York, Florida, and Texas). These four billionaire havens are home to 472 of the wealthiest Americans. There are 759 billionaires living in the United States. They live in 43 of the 50 states. California leads the country with the most ultra-wealthy residents – the richest is Oracle cofounder Larry Ellison (who is worth an estimated $134.2 billion).

The state that’s home to the second-most members of billionaires is New York. A total of 135 billionaires live in the Empire State. No New York resident is richer than Michael Bloomberg ($96.3 billion), the co-founder of Bloomberg LP and former mayor of New York City. Another eight states host just one billionaire. They include Idaho, Iowa, Kentucky, Louisiana, Maine, Rhode Island, South Carolina, and South Dakota.

U.S. states by the number of billionaires, 2023

RankStateNumber of billionairesBillionaires Per 1 million People
1California1864.78
2New York1356.92
3Florida783.44
4Texas732.39
5Illinois231.84
6Massachusetts223.15
7Georgia181.63
8Pennsylvania181.39
9Nevada175.3
10Connecticut133.58
11Washington131.66
12Colorado122.04
13Arizona111.48
14District of Columbia1116.3
15Maryland111.79
16Michigan111.10
17Tennessee111.54
18Oklahoma81.98
19Missouri71.12
20Ohio70.6
21Virginia70.8
22Wisconsin71.19
23Arkansas61.96
24North Carolina60.55
25Utah61.75
26Wyoming610.29
27New Jersey50.54
28Minnesota40.7
29Montana43.51
30Indiana30.44
31Nebraska31.52
32Oregon30.71
33Hawaii21.4
34Kansas20.68
35Mississippi20.68
36Idaho10.51
37Iowa10.31
38Kentucky10.22
39Louisiana10.22
40Maine10.72
41Rhode Island10.92
42South Carolina10.19
43South Dakota11.08

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CEOWORLD magazine - Latest - Special Reports - Ranked: U.S. states by the number of billionaires, 2023
Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email alexandra-dimitropoulou@ceoworld.biz. You can follow her on Twitter at @ceoworld.