43 Texas billionaires make Forbes’ list of richest Americans

Forbes just lately launched its annual listing of the 400 richest individuals in America and 12 Texas-based billionaires made the highest 100.

Tech magnate Elon Musk, who relies out of Texas as of 2021, is the wealthiest man in America with a internet price of $251 billion.

The following richest Texan is Alice Walton with an estimated $55.7 billion. Her fortune comes from Walmart.

In line with Forbes, the 20 individuals on the very prime of the listing—the uppermost 5%—are price a staggering $1.6 trillion, accounting for 40% of your entire Forbes 400′s wealth.

Listed here are all of the Texans who made the highest 400 richest individuals in America and their respective rankings:

1. Elon Musk – $251 billion, Tesla SpaceX

15. Alice Walton – $55.7 billion, Walmart

16. Michael Dell – $50 billion, Dell computer systems

44. Jerry Jones – $16 billion, Dallas Cowboys

48. Stanley Kroenke – $12.9 billion, sports activities and actual property

56. Jeffery Hildebrand – $11 billion, oil

61. Andrew Beal – $10.3 billion, banks and actual property

63. Autry Stephens – $10 billion, oil

79. Ann Walton Kroenke – $8.3 billion, Walmart

86. Robert F. Smith – $8 billion, personal fairness

93. Tilman Fertitta – $7.7 billion, Houston Rockets and leisure

99. Joe Gebbia – $$7.6 billion, Airbnb

104. Charles Butt – $7.5 billion, supermarkets (H-E-B)

110. Richard Kinder – $7.3 billion, pipelines

119. Dannine Avara – $6.9 billion, pipelines

119. Scott Duncan – $6.9 billion, pipelines

119. Milane Frantz – $6.9 billion, pipelines

119. Randa Duncan Williams – $6.9 billion, personal fairness

138. David Bonderman – $6.5 billion, personal fairness

150. Ken Fisher – $6.3 billion, cash administration

160. Ray Lee Hunt – $5.7 billion, oil and actual property

190. Dan Friedkin – $5.7 billion, Toyota dealerships

202. Bert Beveridge – $5 billion, vodka

202. Janice McNair – $5 billion, vitality and sports activities

211. Robert Bass – $4.9 billion, oil and investments

214. Robert Rowling – $4.8 billion, lodges and investments

227. Mark Cuban – $4.6 billion, on-line media and Dallas Mavericks

227. Kelcy Warren – $4.6 billion, pipelines

234. Margot Birmingham Perot – $4.5 billion, laptop companies and actual property

234. Joseph Liemandt – $4.5 billion, software program

252. Thai Lee – $4.2 billion, IT supplier

271. Hayes Barnard – $4 billion, fintech

271. W. Herbert Hunt – $4 billion, oil

271. Trevor Rees-Jones – $4 billion, oil and fuel

296. H. Ross Perot, Jr. – $3.8 billion, actual property

296. Steven Udvar-Hazy – $3.8 billion, plane leasing

303. Sid Bass – $3.7 billion, oil and investments

332. John Arnold – $3.3 billion, hedge funds

351. Invoice Austin – $3.1 billion, listening to aids

359. George Bishop – $3 billion, oil and fuel

369. John Paul DeJoria – $2.9 billion, hair merchandise and tequila

380. Eleanor Butt Criminal & household – $2.8 billion, supermarkets

388. Drayton McLane, Jr. – $2.7 billion, Walmart and logistics

Forbes notes that 42 individuals both joined or rejoined the ranks this yr. Of these individuals – the richest newcomer is Texas billionaire Autry Stephens who is available in at No. 63 general. Stephens is one in all 19 billionaires on the listing who made their cash in vitality.

To find out the rankings of the richest Individuals Forbes stated some billionaires supplied documentation for his or her property and firms whereas others had been much less forthcoming.

“To worth personal companies, we coupled income or revenue estimates with prevailing price-to-sales, price-to-earnings or related ratios for related public firms and utilized a ten% liquidity low cost,” Forbes stated of its methodology. “For venture-backed firms and different companies that had not just lately offered fairness to buyers, we adjusted primarily based on how the sector during which they function has fared within the time since their newest funding spherical.”

The richest individuals in America vary in age from actual property mogul Ted Lerner and early Berkshire Hathaway investor David Gottesman, each 96, to 29-year-old Gary Wang, the co-founder of crypto change FTX.

Wang is one in all ten billionaires on the listing below the age of 40.