Fort Worth billionaire loses crown as wealthiest Texan, Forbes says
Versatile entrepreneur Elon Musk officially knocked Walmart’s heiress Alice Walton of Fort Worth from her longstanding rank as the richest person in Texas.
On April 6, Forbes released its list of the world’s billionaires for 2021. Musk, CEO of Tesla and SpaceX, ranked number 2 globally with a net worth of $ 151 billion. He was number 31 on last year’s rankings. Forbes lists Musk’s place of residence as Austin, although he hasn’t confirmed where he settled in Texas last year.
Now number 2 in Texas is Walton, whose net worth is $ 61.8 billion. This puts it in 17th place on the global list.
Walton is the only daughter of Walmart founder Sam Walton. As of December 2020, the Walton family was still the richest family in the United States. Alice Walton’s net worth accounted for just over a quarter of the family’s fortune.
The only other Texan who comes close to Musk and Walton in the Forbes ranking is Michael Dell. The Round Rock-based chairman and CEO of Dell Technologies has net worth of $ 45.1 billion. This puts it at number 30 on the global list and number 3 in Texas.
In total, there are 64 Texas billionaires on the Forbes list with a total value of $ 460.1 billion. (What pandemic?) Among the subway areas in the state, Dallas-Fort Worth leads with 27 billionaires, followed by Houston (17), Austin (10) and San Antonio (three).
Aside from Walton, the following Fort Worth billionaires are on the list:
- Robert Bass, Oil and Investment, No. 550, $ 5.1 billion
- David Bonderman, Private Equity, No. 705, $ 4.1 billion
- Sid bass, Oil and Investment, No. 1,064, $ 2.9 billion
- Donald Horton, Housing, No. 1,299, $ 2.4 billion
- Edward Bass, Oil and Investment, No. 1,444, $ 2.2 billion
- Lee Bass, Oil and Investment, No. 1,664, $ 1.9 Billion
- John Goff, Real Estate, No. 2.263, $ 1.3 billion
Mark and Robyn Jones of Westlake, who make their fortune in the insurance industry, rank # 1 on Forbes’ list with an estimated net worth of $ 2.5 billion.
What follows is a breakdown of Texas billionaires in other cities, including their global rankings, source of wealth, and estimated net worth.
- Jerry Jones, Owner of the Dallas Cowboys, No. 264, $ 8.9 billion
- Andy Beal, Banking and Real Estate, No. 311, $ 7.9 billion
- Mark Cuban, Online Media and Owner of Dallas Mavericks, No. 655, $ 4.4 billion
- Ray Lee Hunt, Oil and Real Estate, No. 680, $ 4.2 billion
- Margot Birmingham Perot, Technology and Real Estate, No. 705, $ 4.1 billion
- Trevor Rees-Jones, Oil and Gas, No. 727, $ 4 billion
- Robert Rowling, Omni Hotels and Gold’s Gym, No. 752, $ 3.9 billion
- Kelcy Warren, Pipelines, No. 891, $ 3.4 billion
- H. Ross Perot Jr., Real Estate, No. 1,174, $ 2.7 billion
- Gerald Ford, Banking, No. 1,249, $ 2.5 billion
- Ray Davis, Pipelines, No. 1,517, $ 2.1 billion
- W. Herbert Hunt, Oil, No. 1,580, $ 2 billion
- Todd Wagner, Online Media, # 1,664, $ 1.9 Billion
- Stephen Winn, Real Estate Services, No. 1,664, $ 1.9 Billion
- Kenny Troutt, Telecommunications, No. 2,035, $ 1.5 billion
- Darwin Deason, Software, No. 2,141, $ 1.4 billion
- Timothy Headington, Oil and Gas / Investments, # 2,141, $ 1.4 billion
- A. Jayson Adair, Auto Recovery Business, No. 2,674, $ 1 Billion
- Elon Musk, Tesla and SpaceX, No. 2, $ 151 billion
- Michael Dell, Technology, No. 30, $ 45.1 billion
- Robert F. Smith, Private Equity, No. 451, $ 6 Billion
- Bert “Tito” Beveridge, Vodka, No. 622, $ 4.6 billion
- Thai Lee, Information Technology, No. 956, $ 3.2 billion
- Joe Liemandt, Software, No. 1.008, $ 3 billion
- John Paul DeJoria, Hair Care and Tequila, No. 1,174, $ 2.7 billion
- Jim Breyer, Venture Capital, No. 1,249, $ 2.5 billion
- David Booth, Mutual Fund, No. 1,750, $ 1.8 billion
- Whitney Wolfe flock, Bumble Dating App, # 2.263, $ 1.3 Billion
- Richard children, Pipelines, No. 369, $ 7 billion
- Dannine Avara, Pipelines, No. 451, $ 6 billion
- Robert Brockman, Software, No. 451, $ 6 billion
- Scott Duncan, Pipelines, No. 451, $ 6 billion
- Milane Frantz, Pipelines, No. 451, $ 6 billion
- Randa Duncan Williams, Pipelines, No. 451, $ 6 billion
- Tilman Fertitta, Houston Rockets Owner / Food / Entertainment, No. 622, $ 4.6 billion
- Dan Friedkin, Toyota Dealer No. 705, $ 4.1 billion
- Janice McNair, Houston Texans Owners and Energy, No. 705, $ 4.1 billion
- John Arnold, Hedge Funds, No. 925, $ 3.3 billion
- Jeffery Hildebrand, Oil, No. 1,580, $ 2 billion
- Leslie Alexander, former owner of the Houston Rockets, No. 1,750, $ 1.8 billion
- Fayez Sarofim, Money Management, No. 2,035, $ 1.5 Billion
- Jim Crane, Houston Astros Owners and Logistics, No. 2,141, $ 1.4 billion
- Wilbur “Ed” Bosarge Jr., High Speed Trading, # 2,674, $ 1 Billion
Two billionaires in the Houston suburbs also appear on the list:
- Leo Koguan of Sugar Land, Information Technology Services, No. 1,444, $ 2.2 billion
- George Bishop of The Woodlands, Oil and Gas, No. 1,517, $ 2.1 billion
- Christopher “Kit” Goldsbury, Salsa and Private Equity, No. 1,833, $ 1.7 billion
- James Leininger, Medical Devices, No. 2,035, $ 1.5 Billion
- Red McCombs, Real Estate / Oil / Car Dealers / Sports / Radio, # 2,035, $ 1.5 Billion