Of the 50 top earners in each state, 35 of them are self-made, and only 15 inherited their incredible wealth. Many of their fortunes were made in industries specific to the states where they reside. Here are the wealthiest people in each state and how they made it rich.
Alabama: Jimmy Rane
Net Worth: $950 M
Jimmy Rane is founder and CEO of Great Southern Wood Preserving, which makes decks, fences, and other treated lumber products.
Alaska: Leonard Hyde, Jonathan Rubini & Families
Net Worth: $310 M each
Leonard Hyde and his partner, Jonathan Rubini, are the largest real estate developers in Alaska.
Arizona: Mark Shoen
Net Worth: $3.2 B
Mark Shoen owns roughly one-fifth of U-Haul parent company Amerco through a limited partnership called Willow Grove.
Arkansas: Jim Walton
Net Worth: $42.7 B
Jim Walton is the youngest son of Walmart founder Sam Walton.
California: Mark Zuckerberg
Net Worth: $68 B
Mark Zuckerberg is Facebook’s CEO and Founder.
Colorado: Philip Anschutz
Net Worth: $13.6 B
Over five decades Philip Anschutz has built fortunes in oil, railroads, telecom, real estate, and entertainment.
Connecticut: Ray Dalio
Net Worth: $18.1 B
Ray Dalio is the founder of the world’s biggest hedge fund firm, Bridgewater Associates, which manages $160 billion.
Delaware: Robert Gore and Elizabeth Snyder
Net Worth: $750 M each
Heirs to Gore-Tex, the lightweight, waterproof fabric developed by their family’s W.L. Gore & Associates.
Florida: Thomas Peterffy
Net Worth: $20.3 B
A digital trading pioneer, Thomas Peterffy is CEO of Interactive Brokers, which markets its specialized trading platform to sophisticated investors.
Georgia: Jim Kennedy
Net Worth: $9.3 B
Jim Kennedy is the chairman of privately-held automotive and media company Cox Enterprises.
Hawaii: Pierre Omidyar
Net Worth: $10.9 B
Pierre Omidyar founded online auction firm eBay in 1995 and now serves on the company’s board.
Idaho: Frank VanderSloot
Net Worth: $3.6 B
Frank VanderSloot founded and runs Melaleuca, which makes more than 400 products ranging from health supplements to eco-friendly household cleaners.
Illinois: Ken Griffin
Net Worth: $9.9 B
Ken Griffin founded and runs Citadel, a Chicago-based hedge fund that manages more than $28 billion in assets.
Indiana: Carl Cook
Net Worth: $8.6 B
Cook took over as CEO of his parents’ medical device manufacturer, Cook Group when his father Bill died in 2011.
Iowa: Harry Stine
Net Worth: $3.3 B
Farmboy turned seed-genetics savant Harry Stine has made a fortune licensing corn and soybean genetics to multinationals like Monsanto and Syngenta.
Kansas: Charles Koch
Net Worth: $53.5 B
Charles Koch has been chairman and CEO of Koch Industries, America’s second-largest private company, since 1967.
Kentucky: B. Wayne Hughes
Net Worth: $2.9 B
B. Wayne Hughes co-founded Public Storage in 1972 and has since made a fortune storing Americans’ excess junk.
Louisiana: Gayle Benson
Net Worth: $2.7 B
Gayle Benson is the widow of Tom Benson, former owner of the NFL New Orleans Saints and NBA New Orleans Pelicans.
Maine: Susan Alfond
Net Worth: $1.7 B
Susan Alfond and her three siblings inherited a fortune created by their father, who started Dexter Shoe Company.
Maryland: Ted Lerner & Family
Net Worth: $5 B
In 1952, a 26-year-old Ted Lerner borrowed $250 from his wife to start a real estate company, selling homes for developers. He sold some 22,000, then decided to become a builder. Now he owns 20 million square feet of commercial and retail space, plus hotels and apartments.
Massachusetts: Abigail Johnson
Net Worth: $17.2 B
Abigail Johnson’s grandfather, Edward Johnson II, founded mutual fund giant Fidelity Investments in 1946.
Michigan: Daniel Gilbert
Net Worth: $6.5 B
Dan Gilbert co-founded what would become Quicken Loans, the largest online mortgage lender, in 1985.
Minnesota: Glen Taylor
Net Worth: $2.7 B
Glen Taylor bought a wedding service business for $2 million in 1975 and turned it into Taylor Corp., a printing firm with $2.2 billion in sales.
Mississippi: James And Thomas Duff
Net Worth: $1.2 B each
Brothers James and Thomas Duff founded and co-own Duff Capital Investors, a holding company with total revenue of more than $2.6 billion.
Missouri: Pauline MacMillan Keinath
Net Worth: $7.8 B
Pauline MacMillan Keinath is believed to be the largest shareholder of Cargill, the largest food company in the world, with an estimated 12% stake.
Montana: Dennis Washington
Net Worth: $5.9 B
Dennis Washington parlayed an early love of machinery into a diversified business group called Washington Companies.
Nebraska: Warren Buffett
Net Worth: $85.2 B
Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time. He runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.
Nevada: Sheldon Adelson
Net Worth: $38.3 B
Sheldon Adelson is the CEO and chairman of Las Vegas Sands, the largest casino company in America.
New Hampshire: Andrea Reimann-Ciardelli
Net Worth: $1.1 B
Andrea Reimann-Ciardelli is a descendant of German chemist Ludwig Reimann, and an heir to the Reimann family fortune. A U.S. citizen, she sold her stake in the family’s investment firm, JAB, to family members for close to $1 billion in 2003.
New Jersey: John Overdeck
Net Worth: $5.5 B
John Overdeck is the co-founder of Two Sigma Investments, a quantitative trading powerhouse with $52 billion under management.
New Mexico: Mack C. Chase
Net Worth: $700 M
Mack C. Chase made a fortune in the Permian Basin oil fields in Texas and New Mexico.
New York: David Koch
Net Worth: $53.5 B
David Koch shares majority control of Koch Industries, U.S’s second largest private firm, with his brother Charles.
North Carolina: James Goodnight
Net Worth: $10.7 B
James Goodnight co-founded the analytics software firm SAS in 1976 with John Sall, whom he met while a Ph.D. student at North Carolina State University.
North Dakota: Gary Tharaldson
Net Worth: $900 M
Tharaldson purchased his first Super 8 motel in 1982 in Valley City, N.D. From there he built his fortune by acquiring and building hotels across the country, eventually accumulating a portfolio of about 350 properties.
Ohio: Les Wexner & Family
Net Worth: $5.3 B
Les Wexner founded and runs L Brands, a global retail empire that includes Victoria’s Secret and Bath & Body Works.
Oklahoma: Harold Hamm & Family
Net Worth: $18.2 B
Fracking pioneer Harold Hamm runs Continental Resources, one of the nation’s biggest independent oil companies.
Oregon: Phil Knight & Family
Net Worth: $34.7 B
Phil Knight, founder of shoe giant Nike, retired as chairman in June 2016 after 52 years at the company.
Pennsylvania: Victoria Mars
Net Worth: $6.3 B
Victoria Mars and her three sisters are heirs to the family’s giant candy and pet food company, Mars Inc.
Rhode Island: Jonathan Nelson
Net Worth: $1.8 B
Jonathan Nelson is CEO of Providence Equity Partners, the $42 billion private equity firm he founded in 1989.
South Carolina: Anita Zucker
Net Worth: $2.5 B
Anita Zucker is CEO of Charleston, South Carolina-based InterTech Group, a private, family-owned chemicals manufacturer.
South Dakota: T. Denny Sanford
Net Worth: $2.5
T.Denny Sanford owns First Premier Bank, which specializes in offering credit cards to high-risk borrowers.
Tennessee: Thomas Frist Jr. & Family
Net Worth: $11.7 B
Thomas Frist Jr., a former Air Force flight surgeon, founded Hospital Corp. of America with his father in 1968.
Texas: Alice Walton
Net Worth: $42.4 B
Alice Walton is the only daughter of Walmart founder Sam Walton.
Utah: Gail Miller
Net Worth: $1.4 B
Gail Miller and husband Larry turned a single Toyota dealership into a $4.7 billion operation with 64 dealerships.
Vermont: John Abele
Net Worth: $630 M
John Abele cofounded medical device developer Boston Scientific in 1979 to provide less invasive, more accessible treatments.
Virginia: Jacqueline Mars
Net Worth: $25.3 B
Jacqueline Mars owns one third of Mars, the world’s largest candy maker.
Washington: Jeff Bezos
Net Worth: $155.5 B
Bezos owns 16% of e-commerce colossus Amazon, which he founded in a garage in Seattle in 1994.
West Virginia: Jim Justice II
Net Worth: $1.9 B
Jim Justice, II inherited a coal business from his dad and still owns coal mines in five states.
Wisconsin: John Menard Jr.
Net Worth: $11.3 B
John Menard’s home improvement retailer brings in an estimated $9.5 billion in sales from over 300 stores.
Wyoming: John Mars
Net Worth: $25.3 B
John and his siblings Jacqueline and Forrest Jr. inherited stakes in the candy firm Mars Inc. when their father died in 1999. He and Jacqueline each own one third of the company, which is being run by some of their children.