This is the City in Oregon With the Most Billionaires
There are nearly 2,400 people worldwide whose individual net worth exceeds $1 billion — and more than one-quarter of them live in the United States. All told, there are over 250 cities and towns across the country that at least one of the world’s ultra wealthy calls home.
Using data from Forbes’ Real Time Billionaires list, 24/7 Wall St. identified the city in every state with the most billionaires. The combined net worth of the billionaires in some U.S. cities exceeds the entire annual GDP of many states.
The U.S. cities that are home to the most billionaires are often closely tied to the sources of their wealthiest residents’ net worth. For example, many of the wealthiest people in the country have made their fortune through some association a successful company — and these people often live in close proximity to these companies. As a result, many of the cities on this list have high concentrations of companies in well-paying industries like finance, tech, and oil.
In Oregon, Hillsboro is home to one billionaire who controls more wealth than those in any other city in the state. Worth an estimated $51.6 billion, Phil Knight is the only Hillsboro resident with a minimum 10-figure net worth.
Although Portland, Oregon is also home to one billionaire, their net worth of $2.8 billion falls short of that of Phil Knight.
To determine the city in every state with the most billionaires, 24/7 Wall St. compiled data from Forbes’ Real Time Billionaires list. Data on residency and net worth came from the list, which is updated every five minutes to reflect changes in stock prices and private company valuations. In cases where the number of billionaires in two cities within the same state was a tie, the city with the highest total billionaire net worth was given preference. Data is current as of March 29, 2021. This is the city in every state with the most billionaires.
City with the most billionaires:Number of billionaires:Total billionaire net worth:Top billionaire:Alabama: None0N/AN/AAlaska: None0N/AN/AArizona: Phoenix7$24.9 billionErnest Garcia IIIArkansas: Bentonville2$124.6 billionJim WaltonCalifornia: San Francisco41$173.8 billionDustin MoskovitzColorado: Denver4$23.5 billionPhilip AnschutzConnecticut: Greenwich11$47.2 billionRay DalioDelaware: None0N/AN/AFlorida: Palm Beach11$61.6 billionThomas PeterffyGeorgia: Atlanta12$55.1 billionJim KennedyHawaii: Honolulu1$23.8 billionPierre OmidyarIdaho: Idaho Falls1$3.5 billionFrank VanderSlootIllinois: Chicago11$49.5 billionKen GriffinIndiana: Bloomington1$10.5 billionCarl CookIowa: Adel1$5.4 billionHarry StineKansas: Wichita1$44.9 billionCharles KochKentucky: Lexington2$8.5 billionTamara GustavsonLouisiana: New Orleans1$3.3 billionGayle BensonMaine: Scarborough1$2 billionSusan AlfondMaryland: Potomac2$9 billionMitchell RalesMassachusetts: Boston10$33.9 billionEdward Johnson IIIMichigan: Franklin1$49.7 billionDaniel GilbertMinnesota: Mankato1$2.5 billionGlen TaylorMississippi: Hattiesburg2$2.8 billionJames and Thomas DuffMissouri: St. Louis5$18.5 billionPauline MacMillan KeinathMontana: Missoula2$8.3 billionDennis WashingtonNebraska: Omaha3$101 billionWarren BuffettNevada: Las Vegas6$14.3 billionSteve WynnNew Hampshire: None0N/AN/ANew Jersey: Saddle River1$7.2 billionRocco CommissoNew Mexico: None0N/AN/ANew York: New York86$446 billionMichael BloombergNorth Carolina: Cary3$15 billionJames GoodnightNorth Dakota: None0N/AN/AOhio: Cleveland3$3.3 billionNorma LernerOklahoma: Oklahoma City3$23.2 billionTom & Judy LoveOregon: Hillsboro1$51.6 billionPhil Knight & familyPennsylvania: Philadelphia3$10.6 billionVictoria MarsRhode Island: Providence1$2 billionJonathan NelsonSouth Carolina: Charleston1$1.9 billionAnita ZuckerSouth Dakota: Sioux Falls1$1.6 billionT. Denny SanfordTennessee: Nashville3$20.7 billionThomas Frist Jr & familyTexas: Dallas18$57.9 billionJerry JonesUtah: Provo3$3.5 billionRyan SmithVermont: None0N/AN/AVirginia: McLean2$4.7 billionWilliam Conway JrWashington: Seattle8$252.2 billionJeff BezosWest Virginia: Lewisburg1$1.2 billionJim Justice IIWisconsin: Racine3$11.7 billionS. Curtis JohnsonWyoming: Jackson3$52.1 billionJohn Mars
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