Richest billionaires in Arizona

Written by:
April 6, 2023
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Richest billionaires in Arizona

The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925.

Fast forward some 100 years to 2021: As the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%.

While the U.S. is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021.

Although support for individual billionaires like Bill Gates is relatively strong, many Americans view the ultra-rich—as a group rather than as individuals—negatively. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026.

The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker compiled a list of the richest billionaires who are residents of Arizona, using data from Forbes. Billionaires are ranked by net worth as of March 24. Forbes lists 10 billionaires in Arizona.

#10. Jerry Moyes & family
- Net worth: $1.5 billion (#1,916 wealthiest in the world)
- Residence: Tolleson
- Source of wealth: transportation, self made

#9. Peter Sperling
- Net worth: $1.6 billion (#1,797 wealthiest in the world)
- Residence: Phoenix
- Source of wealth: education

#8. George Kurtz
- Net worth: $2.0 billion (#1,516 wealthiest in the world)
- Residence: Paradise Valley
- Source of wealth: security software, self made

#7. Stewart Horejsi & family
- Net worth: $2.6 billion (#1,155 wealthiest in the world)
- Residence: Phoenix
- Source of wealth: Berkshire Hathaway, self made

#6. Ernest Garcia II
- Net worth: $3.1 billion (#932 wealthiest in the world)
- Residence: Tempe
- Source of wealth: used cars, self made

#5. Bennett Dorrance
- Net worth: $3.4 billion (#831 wealthiest in the world)
- Residence: Paradise Valley
- Source of wealth: Campbell Soup

#4. Bob Parsons
- Net worth: $3.4 billion (#827 wealthiest in the world)
- Residence: Scottsdale
- Source of wealth: web hosting, self made

#3. E. Joe Shoen
- Net worth: $3.9 billion (#712 wealthiest in the world)
- Residence: Phoenix
- Source of wealth: U-Haul

#2. Arturo Moreno
- Net worth: $4.1 billion (#662 wealthiest in the world)
- Residence: Phoenix
- Source of wealth: billboards, Los Angeles Angels, self made

#1. Mark Shoen
- Net worth: $4.6 billion (#582 wealthiest in the world)
- Residence: Phoenix
- Source of wealth: U-Haul

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