Dallas, TX
Dallas ranks among wealthiest cities in the world as millionaire count grows
Dallas is the 22nd most wealthy city in the world as its number of millionaire residents has grown by 75% in the past decade.
The city is home to 68,600 millionaires amid a period of booming economic growth, according to a report from London-based private investment migration consultancy firm Henley & Partners. It’s the sixth wealthiest city in the United States sitting behind fierce competition like New York City, Los Angeles and Chicago.
It’s not the only Texas city to make the list. Houston ranks above Dallas as the fifth wealthiest U.S. city with 90,900 millionaires and Austin is tenth in the U.S. with a millionaire count of 32,700.
It’s not just millionaires contributing to the wealth. Centimillionaires, individuals with a net worth over $100 million, are prominent in Dallas as well with 125 of them residing in the city. There’s also 15 billionaires living in the city like oilman Ray Hunt, philanthropist Margot Perot, Dallas Cowboys owner Jerry Jones and Dallas Mavericks minority owner Mark Cuban.
Dallas also plays host to 11 Fortune 500 companies like telecommunications titan AT&T, Southwest Airlines and pipeline transportation giant Energy Transfer.
Those companies are part of Dallas’ special sauce which attracts individuals with deep pockets, said Ray Perryman, CEO of the Waco-based research firm, The Perryman Group.
“Dallas has long been the economic center of the Sun Belt in terms of trade, transportation, finance and other sectors,” he said. “It has also become a major center for technology in recent decades. It also has a substantial concentration of Fortune 500 headquarters and, although not a production area, has traditionally attracted a large segment on the ownership of Texas’ vast oil and gas reserves.”
Beyond the region’s traditional companies, the city has caught the eyes of private equity firms from neighboring states and beyond.
But the job isn’t finished yet. The city recently passed its bond package, including Proposition G. It’s a $72.3 million package that is aimed at boosting economic development through incentives and grants. It was a key portion of the city’s bond package and gives lawmakers an additional tool to entice companies to look to Dallas as a potential new home for its headquarters.
The package also guarantees that $36.6 million of that will go to mixed-income housing, a crucial piece in getting companies to make Dallas a national competitor as the fight for company relocations continues, said Paul Ridley, District 14 city council representative.
“That will have a long-term effect of increasing the supply of affordable housing in Dallas,” he said. “That by itself can attract companies here. They want to perceive that the housing market is less expensive from where they’re relocating from and that there are places for their employees at all income levels to find housing.”
Strong companies along with the city’s dynamic culture means its long-term wealth trajectory is still headed in the right direction, Perryman said.
“It is only natural that the leaders in these sectors would tend to live in the area, often spanning generations of family members,” he said. “In addition, the area offers outstanding cultural, entertainment, sports and other opportunities that make it an attractive place to live. All of these factors combine to make Dallas a natural landing place for successful individuals and families.”
Dallas, TX
A look at Dallas Cowboys’ 2026 NFL draft picks after Osa Odighizuwa, Solomon Thomas trades
Entering Wednesday, the Cowboys had seven selections in the upcoming draft and no Day 2 picks going into the first day of the NFL League Year.
By the end of the business day, the Cowboys gained an extra draft pick — and it will be on Day 2.
Dallas traded defensive tackle Osa Odighizuwa to San Francisco for a third-round pick, No. 92 overall. The team also traded defensive tackle Solomon Thomas to the Tennessee Titans and swapped seventh-round selections, moving from No. 225 to No. 218.
Dallas now has eight draft picks, three in the Top 100 and two fifth-round selections that are compensatory.
The biggest thing was getting a Day 2 pick.
The Cowboys originally had picks No. 12 and No. 20 in the first round and wouldn’t pick again until No. 112 in the fourth round.
Dallas gave up Day 2 picks (second and third rounds) in trades for Quinnen Williams (New York Jets) and George Pickens (Pittsburgh Steelers) last year.
Cowboys owner and general manager Jerry Jones was determined to get back into the second or third rounds and moving Odighizuwa, a 2021 third-round selection, to the 49ers to get back into the second day of the draft has proven vital.
In recent years, the Cowboys have struggled to get good value with their second-round picks.
Taking a gamble on players coming off injury or with troubled backgrounds was something the Cowboys wanted to do in the second round.
Jones said at the NFL scouting combine that the team was no longer planning on doing that, considering the issues the defense had last season.
The third round has proved a little more successful. Cooper Beebe (2023) is a starting center and DeMarvion Overshown (2023) at linebacker is a reliable performer. Injuries, however, have slowed Overshown’s development in his brief time in the NFL.
Dallas is hopeful last year’s Day 2 picks, Donovan Ezeiruaku (second round) and Shavon Revel (third round), emerge as starters in 2026.
Revel recovered from knee surgery and played in seven games. Ezeiruaku played 17 games with nine starts at defensive end. Ezeiruaku, who underwent offseason hip surgery, will move to outside linebacker in the new 3-4 defensive scheme.
Also, the Cowboys have the ability to use one of their two first-round picks to move up in the draft or package the third-rounder acquired in the Odighizuwa trade to gain more picks.
Cowboys 2026 draft picks
| Round | Overall |
|---|---|
| First round | No. 12 |
| First round | No. 20 |
| Third round | No. 92 |
| Fourth round | No. 112 |
| Fifth round | No. 152 |
| Fifth round | No. 177* |
| Fifth round | No. 180* |
| Seventh round | No. 218 |
| *Comp pick |
Find more Cowboys coverage from The Dallas Morning News here.
The Dallas Cowboys were initially in the mix for Las Vegas Raiders superstar pass rusher Maxx Crosby ahead of NFL free agency, and were believed to be one of the finalists in trade talks. However, he was ultimately traded to the Baltimore Ravens for two first-round picks.
Now, the NFL world has been turned on its head with the Ravens deciding to pull out of the trade agreement with Las Vegas.
On Tuesday night, NFL insider Adam Schefter was among the experts discussing what went wrong between the Raiders and Ravens, revealing that Cowboys team physician Dr. Daniel Cooper, one of the premier knee specialists, played a role in the Ravens’ evaluation of Crosby.
Schefter discussed how Dr. Cooper was among the doctors who reviewed scans on Crosby’s knee, which ultimately spooked the Ravens and triggered the end of the deal.
“The Baltimore Ravens essentially failed him on their physical, and my understanding is there were multiple doctors that reviewed his MRI scans,” Schefter said. “There were doctors that examined him, including Dr. Daniel Cooper, the Dallas Cowboys doctor that performed surgery on Patrick Mahomes and Malik Nabers.
“Many teams and players rely on Dr. Cooper’s expertise, and Dr. Cooper was one of the doctors who reviewed the images where the Ravens then felt compelled to back out of this trade.”
It’s hard not to connect the dots that Dr. Cooper’s involvement in the medical review of Crosby led to the team deciding against re-engaging in trade discussions. Though that could change, currently, the Cowboys are expected to move forward with Pro Bowl EDGE Rashan Gary, who the team agreed to acquire from the Green Bay Packers for a 2027 fourth-round pick on the first day of legal tampering.
It will be interesting to continue monitoring the situation and its fallout, which has left the Raiders in a terrible position.
But, with the Raiders now forced to re-examine the money they committed to free agents on Wednesday evening, they may have to pull out of one of their own agreements, which could open the door for the Cowboys to reopen their pursuit of a linebacker like Nakobe Dean or Quay Walker.
The 2026 NFL calendar year officially begins on Wednesday, March 11, at 4:00 p.m. ET, so get your popcorn ready, because it’s going to be a wild ride.
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Dallas Cowboys Nation’s hopes of landing superstar pass rusher Maxx Crosby were dashed last weekend when it was announced that he was being traded to the Baltimore Ravens. However, less than 24 hours before the new year, the trade has fallen apart.
On Tuesday night, the Las Vegas Raiders announced that the Ravens have backed out of the trade.
“The Baltimore Ravens have backed out of our trade agreement for Maxx Crosby,” the statement read. “We will have no further comment at this time.”
The news sends a major ripple for the league, with the Crosby sweepstakes once again open. Before his trade to the Ravens, the Cowboys were considered one of the teams closely monitoring the situation and a team that made a legitimate offer for Crosby.
At this time, there is no word on why the trade between Las Vegas and Baltimore fell through. When the trade was first reported, the Raiders were set to receive a 2026 and 2027 first-round pick from the Ravens.
Now, his future is in limbo. Before he was traded to the Ravens, it was believed that the Cowboys, Chicago Bears, and Los Angeles Rams were the top candidates to land him. In fact, the Cowboys were “considered runner-ups” in the sweepstakes.
Dallas’ Original Trade Offer
According to ESPN’s Jeremy Fowler, the Cowboys initially offered the No. 12 overall pick in the 2026 draft, a 2027 second-round pick, and an unnamed veteran player.
“Dallas kept a hard line throughout. The franchise wasn’t willing to part with two first-round picks, hoping its 12th pick in April’s draft, plus a future second-rounder, would be enough to entice Las Vegas. Dallas was also willing to package a veteran player to sweeten the deal, but Vegas wasn’t interested in that. The Raiders prioritized picks,” Fowler wrote.
Last season, Crosby recorded 73 total tackles, 28 tackles for a loss, 20 quarterback hits, 10 sacks, two forced fumbles, and an interception.
We’ll have to see if Dallas ends up being his new home, now that the team has a second chance to make something special happen, but there will be some serious competition. The 2026 NFL calendar year officially begins on Wednesday, March 11, at 4:00 p.m. ET.
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