The leading ultra high net worth (UHNW) intelligence and prospecting firm today released a list showing the richest person in each of the US states, as per which, 35 of the 50 individuals on the list are entrepreneurs.
Besides Gates, other self made entrepreneurs on the list include legendary investor Warren Buffett of Nebraska with an estimated networth of USD 66.9 billion who is also the country's second richest person.
Lawrence Ellison of California with a fortune of USD 47.3 billion, David Koch of Kansas (USD 42 billion) and Christy Walton of Arkansas (USD 37.9 billion) make up the top five wealthiest persons in America.
While 35 of the 50 individuals on the list are entrepreneurs, others have inherited their wealth and have subsequently grown it themselves, such as Forest Mars Jr of Virginia, whose grandfather founded food processing company Mars Incorporated.
Also Read
Only six women made it on the list.
With a networth of USD 37.9 billion, Christy Walton of Arkansas has the distinction of being the richest woman in America and and the world. She is the widow of John T Walton, one of the sons of Sam Walton, founder of Walmart.
Of the 50 individuals, 41 are billionaires and their combined wealth of USD 594.1 billion and account for 26 per cent of the total billionaire wealth in America.
Utah, New Mexico, Mississippi, Maine, Delaware, Hawaii, South Dakota, Alaska and Wyoming are the only states whose wealthiest residents are not billionaires, the report said.