Fort Worth billionaire keeps crown as richest woman in America

Walmart heiress Alice Walton of Fort Worth maintained her status as the richest Texan and richest woman in America in 2020. The net worth this year is estimated at $ 62.3 billion. That equates to $ 51.4 billion in 2019.

This emerges from the 2020 edition of the Forbes 400, which lists the 400 richest Americans and was published on September 8th. (See their methodology here.)

Walton rose from 11th last year to 10th this year in the Forbes ranking of the richest Americans.

“Damn it, pandemic: The 400 richest Americans have a record $ 3.2 trillion, up $ 240 billion from a year earlier, backed by an exchange that has resisted the virus,” Forbes writes.

From 2019 to 2020, Walton’s net worth grew by $ 10.9 billion. To give you an idea of ​​how much money that is, the size of the economy in the African Republic of the Congo was $ 10.8 billion in 2019. Walton’s total net worth is slightly larger than the size of the Costa Rican economy (nearly $ 61.8 billion in 2019). .

Around Dallas-Fort Worth, the list of the richest of the rich is similar to the last few years. This is how local billionaires rank nationally in 2020 and how has their wealth developed:

Dallas-Fort Worth

  • Dallas Cowboys owner Jerry Jones – $ 8.6 billion, # 56. Last year: $ 8.6 billion.

  • Dallas banker and real estate investor Andy Beal – $ 7.6 billion, # 67. Last year: $ 9.8 billion.

  • Fort Worth Oil and Gas Ser Robert Bass – $ 4.8 billion, No. 139. Last year: $ 4.9 billion.

  • Dallas Oil and Gas Ser Ray Lee Hunt – $ 4.6 billion, # 154. Last year: $ 5.2 billion.

  • Dallas Mavericks owner Mark Cuban – $ 4.2 billion, # 177. Last year: $ 4.1 billion.

  • Margot Birmingham Perot, Widow of Dallas Tech entrepreneur Ross Perot – $ 4 billion, # 186. Last year: $ 4.2 billion.
  • Fort Worth Private Equity Titan David Bonderman – $ 4 billion, # 186. Last year: $ 3.7 billion.

  • Omni Hotels and Gold’s Gym König Robert Rowling from Dallas – $ 3.9 billion, No. 197. Last year: $ 5.5 billion.

  • Oil and gas chief Trevor Rees-Jones from Dallas – $ 3.5 billion, # 228. Last year: $ 3.7 billion.

  • Dallas Pipeline Executive Kelcy Warren – $ 2.8 billion, # 299. Last year: $ 4.3 billion.

  • Dallas Real Estate Honcho H. Ross Perot Jr. – $ 2.5 billion, # 339. Last year: $ 2.2 billion.

  • Fort Worth Oil Heritage Sid bass – $ 2.3 billion, # 359. Last year: $ 3.1 billion.

  • Dallas bankers Gerald Ford – $ 2.1 billion, No. 391. Last year: $ 2.3 billion.

Two other Fort Worth Bass brothers, Edward and Lee, are missing from this year’s list. Last year, both were valued at $ 2.2 billion and ranked 370th on the Forbes 400 list. Ed Bass’s Fine Line Group owns Sundance Square. Lee Bass and his wife Ramona are major benefactors of Fort Worth Zoo.

Here is the regional breakdown of the remaining Forbes 400 billionaires in Texas.

Austin:

  • Michael Dell, Tech Magnate – $ 35.6 billion, No. 18. Last year: $ 32.3 billion.
  • Robert Smith, Private equity entrepreneur – $ 6.2 billion, No. 125. Last year: $ 5 billion.
  • Bert “Tito” Beveridge, Vodka Tycoon – $ 4.6 billion, # 154. Last year: $ 4.2 billion.
  • Thai Lee, Technology Entrepreneur – $ 3.1 billion, # 268. Last year: $ 3 billion.
  • Joe Liemandt, Software Entrepreneur – $ 3 billion, # 278. Last year: $ 3 billion.
  • John Paul DeJoria, Hair Care and Tequila Mogul – $ 2.7 billion, No. 319. Last year: $ 3.1 billion.
  • Jim Breyer, Venture Capitalist – $ 2.4 billion, # 353. Last year: $ 2.5 billion. (Breyer recently moved to Austin from Silicon Valley).
  • Brian Sheth, Private Equity Entrepreneur – $ 2.3 billion, # 359. Last year: $ 2.2 billion.

Notably, Dell’s net worth grew by $ 3.3 billion in just one year – more than the total net worth of Thai billionaire Thai Lee. The chairman and CEO of the Round Rock-based technology company that bears his name is Austin’s richest resident.

Houston:

  • Houston Pipeline Mogul Richard children – $ 6.2 billion, # 103. Last year: $ 7.5 billion.

  • Pipeline heirs Dannine Avara, Scott Duncan, Milane Frantz and Randa Duncan Williams – $ 4.8 billion each, No. 139. Last year: $ 6.3 billion.

  • Houston Rockets Owner and Restaurant Kingpin Tilman Fertitta – $ 4.1 billion, No. 181. Last year: $ 4.9 billion.

  • Toyota Titan Dan Friedkin of Houston – $ 4.1 billion, No. 181. Last year: $ 4 billion.

  • Co-founder of Houston Texans Janice McNair – $ 3.9 billion, # 197. Last year: $ 4 billion.

  • Houston Energy Executive Jeffery Hildebrand – $ 3.6 billion, # 222. Last year: $ 3.8 billion.

  • Former hedge fund manager John Arnold von Houston – $ 3.3 billion, # 249. Last year: $ 3.3 billion.

Elsewhere in Texas:

  • Walmart heiress Ann Walton Kroenke – $ 8.4 billion, # 58. Last year: $ 7.5 billion.

  • Real Estate, Sports & Entertainment Big Shot Stan Kroenke – $ 8.3 billion, # 59. Last year: $ 9.7 billion. (The Kroenkes live on a huge ranch near the town of Vernon in northern Texas.)

  • Investor and former grocer Drayton McLane Jr. of Temple – $ 2.8 billion, # 299. Last year: $ 2.6 billion. McLane is the former owner of the Houston Astros.

  • Hearing aid mogul Bill Austin from Brownsville – $ 2.2 billion, # 378. Last year: $ 2.4 billion.

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