The City With The Most Billionaires In The U.S. Is Catching People Off Guard

Here’s a question for you: how many billionaires do you think live in your home city? Well, if you’re erring on the low side, then we might have some surprises for you! Yes, we’ve listed 20 cities from across the United States that house the most billionaires in the country. And in addition to that, we’ve also named the richest of them all. Gone are the days where tycoons and millionaires made up a meager part of the population. For all you know, your next-door neighbor may have billions in the bank...

1. Las Vegas, Nevada

Total Number of Billionaires: 6

Combined Net Worth: $14.3 billion

Viva Las Vegas indeed! From the glitzy hotels to the flashy casinos, it shouldn’t be that shocking that the Entertainment Capital of the World is home to several billionaires. Having said that, though, we’re a little surprised that the number isn’t higher than six. As for the richest of the bunch, that honor belongs to one of the city's most well-known real estate tycoons.

Steve Wynn: $3.2 billion net worth

Born in January 1942, Wynn packed his bags for Las Vegas in the late ’60s and immediately got to work building his real estate empire. He spruced up the famous Golden Nugget casino before opening two more iconic venues, The Bellagio and The Mirage on the Strip. Then, he went on to create his own company, Wynn Resorts, in 2002. Nowadays, the entrepreneur is worth a huge chunk of change — $3.2 billion, to be exact.

2. Miami Beach, Florida

Total Number of Billionaires: 6

Combined Net Worth: $23.2 billion

Arguably one of the most picturesque spots in Florida, Miami Beach is the perfect place to soak up the sun with a cold beverage by your side. And that allure has prompted six billionaires to settle down in the city. But which of them boasts the highest net worth? Well, David Tepper sits atop that particular mountain — a name that’ll no doubt be familiar to sports fans.

David Tepper: $13 billion net worth

Tepper has made his billions via a number of different avenues. He was once a “junk-bonds trader” for Goldman Sachs, ahead of becoming a hedge fund manager. Apparently, it’s a position that boasts a massive salary. As for his other ventures, the billionaire is the owner of both Charlotte FC in Major League Soccer and the Carolina Panthers in the NFL.

3. Woodside, California

Total Number of Billionaires: 6

Combined Net Worth: $136.4 billion

While it might not be the biggest city in California, Woodside holds the honor of being one of America’s richest spots. Just how wealthy, you ask? Well, the average house price there is over $4.6 million. Woah! On that note, it isn’t much of a shock that six billionaires have made themselves at home in the area, and a tech company owner is the richest of them all.

Larry Ellison: $90.7 billion net worth

Larry Ellison made much of his fortune after starting up the Oracle Corporation in Austin, Texas. It’s a computer tech business, in case you were curious. He’s both the “chief technology officer” and chairman of the company, which helps explain his massive fortune. Outside of work, Ellison is often found on yachts or on Lanai, the Hawaiian island he bought. Trust us, you’re reading that last part correctly!

4. Phoenix, Arizona

Total Number of Billionaires: 7

Combined Net Worth: $24.9 billion

Looking for a warm, sunny place to call home? Well, Phoenix could be just the ticket. And as it turns out, it’s a pretty popular city for billionaires, too. Seven of them live in Arizona's capital city. But who’s the richest of the bunch? That title belongs to a man who helped revolutionize the auto sales business.

Ernest Garcia III: $8.7 billion net worth

Back in 2012, Ernest Garcia III co-created a unique used car company called Carvana. The business is famous for its “vending machine” system, and has gone from strength-to-strength over the last ten years. His dad, Ernest Garcia II, helped to get Carvana on its feet in the initial stages, having made his fortune in the same sector. Like father, like son, right?

5. Fort Worth, Texas

Total Number of Billionaires: 8

Combined Net Worth: $81.6 billion

Fort Worth is a pretty massive area. Overall, it’s America’s 12th-biggest metropolis. So, it shouldn’t be too surprising to hear that the Texan city houses numerous billionaires, with the total coming to eight. Their net worth is eye-popping, to say the least! And Alice Walton's fortune is so eye-popping, you may want to avert your gaze. Her fortune lies in her last name...

Alice Walton: $62.6 billion net worth

Yes, Alice’s father is Sam Walton — the creator of Walmart. She and her two brothers inherited his fortune after he passed away. But Alice didn’t stick with the family business. Instead, she tried her hand in investment banking, money management, and “equity analysis.” Art is one of her biggest interests, as she founded the Crystal Bridges Museum of American Art in Arkansas in 2011.

6. Seattle, Washington

Total Number of Billionaires: 8

Combined Net Worth: $252.2 billion

Seattle, Washington, is home to some of the world’s most recognizable technology companies. Businesses such as Microsoft and Amazon operate out of the Emerald City. Talk about heavy-hitters! In addition to that, eight billionaires also live in the area, and boast an insane net worth between them. Mind you, the majority of that comes from one man in particular. He just may be the most famous billionaire of them all.

Jeff Bezos: $183.1 billion net worth

Jeff Bezos created Amazon back in the mid-1990s, and he started the company in his garage. Its growth since then has been astronomical, and he’s certainly reaped the benefits. Bezos is now the executive chairman. Yet the tech titan’s founder has other business ventures as well. For instance, he’s the owner of the aerospace firm Blue Origin and The Washington Post newspaper.

7. Boston, Massachusetts

Total Number of Billionaires: 10

Combined Net Worth: $33.9 billion

From the clam chowder to Fenway Park, there’s a lot to love about Boston, Massachusetts. It’s a wonderful city. But did you know that the area houses ten billionaires as well? Perhaps the allure of the food and the baseball was too hard to ignore! So, who can lay claim as the wealthiest of them all? Step forward, Edward Johnson IV!

Edward Johnson IV: $5.9 billion net worth

Edward’s family have been making waves since 1946, as his grandfather, Edward Johnson II, created Fidelity Investments. His dad then took over a few years later, before Abigail Johnson, his sister, was handed the reins in 2014. As for Edward himself, he runs Pembroke Real Estate. Away from work, he and his relatives are known for sending donations to local charities.

8. Beverly Hills, California

Total Number of Billionaires: 10

Combined Net Worth: $43.3 billion

You could argue that Beverly Hills, California, is the most luxurious city in the United States. After all, it houses some of the best shops, while plenty of celebrities live there as well. The area has also attracted several billionaires, too, with the number coming to ten. David Geffen is the richest of them all, following decades in the entertainment industry.

David Geffen: $9.7 billion net worth

Yep, Geffen became a millionaire while working at a talent agency as a young man, before starting up movie and music companies with some colleagues. He’s the guy behind both DreamWorks and Asylum Records. Wow! Alongside that, he’s worked as a producer, too. So, as a result of all those ventures, the millions to his name soon shot up into the billions.

9. Atherton, California

Total Number of Billionaires: 10

Combined Net Worth: $57.8 billion

How’s this for a head-spinning stat? As per Business Insider, the average salary for those living in Atherton, California, stands at more than $450,000. Nope, that’s not a typo! It’s an extremely wealthy area, with ten billionaires calling it home. Eric Schmidt is probably the most recognizable name from that group — and he’s also the richest.

Eric Schmidt: $19.1 billion net worth

Schmidt is a renowned software engineer, working as Google’s CEO for ten years between 2001 and 2011. He was a member of the board for nearly two decades as well. Quite the run, right? As for his other work, Schmidt co-created Innovation Endeavors, which backed companies such as SoFi and Uber in the past. Certainly sounds like he's earned his billions!

10. Greenwich, Connecticut

Total Number of Billionaires: 11

Combined Net Worth: $47.2 billion

If you love beaches, then Greenwich, Connecticut, will be right up your alley. The community houses four beautiful areas where you can sit back and unwind. But that’s not all. Greenwich is also known for its finance and hedge fund businesses. There’s loads! Perhaps that explains why 11 billionaires call the place home. But who holds the crown as the wealthiest person in Greenwich?

Ray Dalio: $16.9 billion net worth

That honor goes to Ray Dalio. Now, something tells us that Dalio probably didn’t expect his incredible rise back in 1975. During that period, he’d just started up Bridgewater Associates in his New York pad. From there, the hedge fund company went on to reach dizzying heights. Today, it’s the biggest business of its type on the entire planet. And the founder has reaped the benefits!

11. Chicago, Illinois

Total Number of Billionaires: 11

Combined Net Worth: $49.5 billion

For its history alone, you won’t find a more colorful American city than Chicago, Illinois. Then again, that’s not all the Windy City has to offer. The architecture is pretty amazing, while the food isn’t bad, either. Those deep-dish pizzas are something else! And were you aware that 11 billionaires are scattered around the area? The richest of the bunch is Ken Griffin.

Ken Griffin: $15 billion net worth

Griffin didn’t waste any time in dipping his toes into the business world. When he was a Harvard student in the late 1980s, he started trading stocks from his bedroom. Then, in 1990, he created a hedge fund company named Citadel, which he’s still in charge of. Griffin’s bank account has since swelled to a jaw-dropping size, enabling him to make over $1 billion-worth of charitable donations.

12. Palm Beach, Florida

Total Number of Billionaires: 11

Combined Net Worth: $61.6 billion

Ah, Palm Beach. Who wouldn’t turn down the chance to spend time in this beautiful Floridian city during the summer months? It’s absolutely gorgeous! The area has certainly attracted the attention of some very rich people, with 11 billionaires making themselves at home. Their combined net worth is eye-watering, yet most of that cash comes from just one man.

Thomas Peterffy: $25.2 billion net worth

Thomas Peterffy was welcomed into the world back in 1944 in Hungary, ahead of moving to America. Once he made the switch, he went on to create an “electronic-trading platform” named Interactive Brokers, which can be found in Greenwich, Connecticut. Few other companies of that type can match its size today. Now, Peterffy oversees all of its operations from his cozy Palm Beach manor.

13. Atlanta, Georgia

Total Number of Billionaires: 12

Combined Net Worth: $55.1 billion

You won’t struggle to find stuff to do in Atlanta, Georgia. From the National Center for Civil & Human Rights to the Georgia Aquarium, there’s plenty to explore. But we bet you didn’t know this — 12 billionaires are living in the city right now. And the richest of them is a guy named Jim Kennedy, who comes from a very successful family.

Jim Kennedy: $8.2 billion net worth

In the late 1890s, James M. Cox created Cox Enterprises. His daughter went on to get involved in the company, as did her son. Yes, Kennedy was eventually named CEO of his granddad’s company in 1988, and held the position for two decades. In that time, earnings increased by nearly $20 billion. Holy cow! Kennedy owns the business today, alongside his cousins and sister.

14. Austin, Texas

Total Number of Billionaires: 12

Combined Net Worth: $240.7 billion

Whole Foods. Dell. Those are just a couple of notable companies to get their start in Austin, Texas. Remember that for your next trivia night! Maybe the city’s entrepreneurial spirit is what drew in the 12 billionaires who live there now? The wealthiest member of that group is also arguably one of the most famous people on the planet.

Elon Musk Net Worth: $168.6 billion

Yes, it's Elon Musk. Musk has been able to build his fortune after starting six different businesses with fellow entrepreneurs. Tesla — the company that produces electric cars — is probably the most famous. Mind you, he only owns a quarter of it today. In addition to that, Boring Company and SpaceX are a couple of the other standouts from the list. The latter is a rocket manufacturer.

15. Houston, Texas

Total Number of Billionaires: 14

Combined Net Worth: $52.9 billion

Make no mistake — Houston is an absolute monster of a city. Only three other communities in the United States are bigger than Texas’ Space City. So, with that in mind, there’s plenty of room for the 14 billionaires who call the place home. Who’s the richest of the lot, though? Well, Richard Kinder holds that particular honor at the moment.

Richard Kinder: $6.4 billion net worth

Kinder is a huge deal when it comes to American gas and oil. His company, Kinder Morgan, is the biggest “energy infrastructure firm” in the whole country, overseeing pipelines that span more than 80,000 miles. Not bad for a business that only got its start in 1997, right? Away from work, he’s pledged massive sums to good causes that range in the millions.

16. Palo Alto, California

Total Number of Billionaires: 15

Combined Net Worth: $242.8 billion

Referred to as the “Birthplace of Silicon Valley,” Palo Alto is one of California’s shining lights. It’s home to some huge businesses, with the likes of Tesla, Hewlett-Packard, and VMWare all operating out of the city. Due to that, we’re not shocked that 15 billionaires have settled down in the area. It just seems like a good fit, especially for its (arguably) most recognizable billionaire.

Mark Zuckerberg: $95.5 billion net worth

Most of you are probably already familiar with Zuckerberg’s rise. But for those of you who aren’t, he’s the guy who built Facebook. Remarkably, he and three other students got it started during their time at Harvard, making them some of youngest 1%-ers out there. It’s a stunning story that even got the Hollywood treatment in David Fincher’s The Social Network. Nowadays, Zuckerberg serves as the CEO of the social media juggernaut.

17. Dallas, Texas

Total Number of Billionaires: 18

Combined Net Worth: $57.9 billion

Who knew Texas was so chock-full of billionaires? Whether it’s the funky bars or beautiful museums, Dallas is another Texas city that's bristling with creative energy. You never know, that might just be what attracted 18 billionaires to the Texan city! But which of them sits at the top of the mountain? Jerry Jones is the man in question, and you may be familiar with the name if you’re a sports fan.

Jerry Jones: $8.7 billion net worth

Jones became a millionaire some 50 years ago after investing in oil, ahead of building his fortune through real estate and more energy deals. Yet he really struck it big once he bought the Dallas Cowboys in 1989. You see, Jones splashed $150 million to get his hands on the NFL team, and it’s since earned him billions in return.

18. Los Angeles, California

Total Number of Billionaires: 25

Combined Net Worth: $98.8 billion

You’d be hard-pressed to name a more glitzy city on the planet than Los Angeles, California. Don’t forget, it’s the home of Hollywood, so there are celebrities everywhere. Plus, there’s plenty of billionaires living in the area as well. Yes, you’ll find 25 of them scattered across the City of Angels. With so much competition, whoever's nabbed the top spot as richest billionaire must be quite the businessperson...

Evan Spiegel: $12.7 billion net worth

Evan Spiegel enrolled at Stanford University to further his education when he was younger. But he didn’t finish his studies in the end. Instead, the former student pressed ahead to create a new social media tool — Snapchat. Once the work was done, Spiegel earned $1 billion for his efforts. He was only 25 at the time! And his fortune has continued to grow since then. He's quite the businessman, indeed!

19. San Francisco, California

Total Number of Billionaires: 41

Combined Net Worth: $173.8 billion

Eye-catching — that’s probably the best way to describe San Francisco, California. From the iconic Golden Gate Bridge to the steep, busy streets, it’s hard to tear your gaze away from the surroundings. But how’s this for a surprise? Incredibly, a whopping 41 billionaires are living in the Golden City. That’s nuts, right? And a tech genius named Dustin Moskovitz is the wealthiest of the bunch.

Dustin Moskovitz: $17.9 billion net worth

As we noted earlier, Mark Zuckerberg created Facebook with three other people at Havard. Moskovitz was one of them. The vast majority of his fortune comes from his ties to the social media service, despite leaving the company some time ago. He went on to start up a software business called Asana, leading to further financial success. Moskovitz’s bank account is about ready to burst!

20. New York, New York

Total Number of Billionaires: 86

Combined Net Worth: $446 billion

Start spreading the news! Actually, it probably doesn't come as a huge surprise that New York City is riddled with rich people. While New York has the biggest population of any city in the United States at eight-plus million, there’s a huge number of billionaires in the area, too. Yep, 86 call the Big Apple home. We’re serious! No other place comes close to that number. As for the richest of them, a former mayor holds the crown.

Michael Bloomberg: $54.9 billion net worth

Michael Bloomberg has had quite a life. His journey to becoming a billionaire began in 1966, as he bagged a role with the Salomon Brothers bank. Then, around 15 years later, he started Bloomberg LP, which is a media company. That’s where the majority of his fortune comes from. And of course, Bloomberg has also served as New York’s mayor, while pledging over $12 billion to various causes throughout the years.