Richest billionaires in Texas

Written by:
September 7, 2022
Rick T. Wilking // Getty Images

Richest billionaires in Texas

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 Elon Musk or 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 that are residents of Texas, using data from Forbes. Billionaires are ranked by net worth as of October 28. Forbes lists 74 billionaires in Texas.

#20. Ken Fisher
- Net worth: $6.2 billions (#373 wealthiest in the world)
- Residence: Dallas, Texas
- Source of wealth: money management, Self Made

#19. David Bonderman
- Net worth: $6.6 billions (#338 wealthiest in the world)
- Residence: Fort Worth, Texas
- Source of wealth: private equity, Self Made

#18. Milane Frantz
- Net worth: $6.6 billions (#333 wealthiest in the world)
- Residence: Houston, Texas
- Source of wealth: pipelines

#17. Dannine Avara
- Net worth: $6.6 billions (#333 wealthiest in the world)
- Residence: Houston, Texas
- Source of wealth: pipelines

#16. Scott Duncan
- Net worth: $6.6 billions (#333 wealthiest in the world)
- Residence: Houston, Texas
- Source of wealth: pipelines

#15. Randa Duncan Williams
- Net worth: $6.6 billions (#332 wealthiest in the world)
- Residence: Houston, Texas
- Source of wealth: pipelines

#14. Richard Kinder
- Net worth: $7.2 billions (#293 wealthiest in the world)
- Residence: Houston, Texas
- Source of wealth: pipelines, Self Made

#13. Charles Butt
- Net worth: $7.5 billions (#278 wealthiest in the world)
- Residence: San Antonio, Texas
- Source of wealth: supermarkets

#12. Joe Gebbia
- Net worth: $7.7 billions (#262 wealthiest in the world)
- Residence: Austin, Texas
- Source of wealth: Airbnb, Self Made

#11. Tilman Fertitta
- Net worth: $7.8 billions (#254 wealthiest in the world)
- Residence: Houston, Texas
- Source of wealth: Houston Rockets, entertainment, Self Made

#10. Robert F. Smith
- Net worth: $8.0 billions (#239 wealthiest in the world)
- Residence: Austin, Texas
- Source of wealth: private equity, Self Made

#9. Ann Walton Kroenke
- Net worth: $8.7 billions (#209 wealthiest in the world)
- Residence: Electra, Texas
- Source of wealth: Walmart

#8. Autry Stephens
- Net worth: $10.0 billions (#172 wealthiest in the world)
- Residence: Midland, Texas
- Source of wealth: oil, Self Made

#7. Andrew Beal
- Net worth: $10.2 billions (#168 wealthiest in the world)
- Residence: Dallas, Texas
- Source of wealth: banks, real estate, Self Made

#6. Jeffery Hildebrand
- Net worth: $12.1 billions (#140 wealthiest in the world)
- Residence: Houston, Texas
- Source of wealth: oil, Self Made

#5. Stanley Kroenke
- Net worth: $12.9 billions (#130 wealthiest in the world)
- Residence: Electra, Texas
- Source of wealth: sports, real estate, Self Made

#4. Jerry Jones
- Net worth: $15.7 billions (#99 wealthiest in the world)
- Residence: Dallas, Texas
- Source of wealth: Dallas Cowboys, Self Made

#3. Michael Dell
- Net worth: $50.1 billions (#23 wealthiest in the world)
- Residence: Austin, Texas
- Source of wealth: Dell Technologies, Self Made

#2. Alice Walton
- Net worth: $58.9 billions (#18 wealthiest in the world)
- Residence: Fort Worth, Texas
- Source of wealth: Walmart

#1. Elon Musk
- Net worth: $223.1 billions (#1 wealthiest in the world)
- Residence: Austin, Texas
- Source of wealth: Tesla, SpaceX, Self Made

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