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Ranked: U.S. states by the number of billionaires, 2023

Ranked: U.S. states by the number of billionaires, 2023

Unsurprisingly, more than half of the billionaires in the U.S. live in one of four states (California, New York, Florida, and Texas). These four billionaire havens are home to 472 of the wealthiest Americans. There are 759 billionaires living in the United States. They live in 43 of the 50 states. California leads the country with the most ultra-wealthy residents – the richest is Oracle cofounder Larry Ellison (who is worth an estimated $134.2 billion).

The state that’s home to the second-most members of billionaires is New York. A total of 135 billionaires live in the Empire State. No New York resident is richer than Michael Bloomberg ($96.3 billion), the co-founder of Bloomberg LP and former mayor of New York City. Another eight states host just one billionaire. They include Idaho, Iowa, Kentucky, Louisiana, Maine, Rhode Island, South Carolina, and South Dakota.

U.S. states by the number of billionaires, 2023

RankStateNumber of billionairesBillionaires Per 1 million People
1California1864.78
2New York1356.92
3Florida783.44
4Texas732.39
5Illinois231.84
6Massachusetts223.15
7Georgia181.63
8Pennsylvania181.39
9Nevada175.3
10Connecticut133.58
11Washington131.66
12Colorado122.04
13Arizona111.48
14District of Columbia1116.3
15Maryland111.79
16Michigan111.10
17Tennessee111.54
18Oklahoma81.98
19Missouri71.12
20Ohio70.6
21Virginia70.8
22Wisconsin71.19
23Arkansas61.96
24North Carolina60.55
25Utah61.75
26Wyoming610.29
27New Jersey50.54
28Minnesota40.7
29Montana43.51
30Indiana30.44
31Nebraska31.52
32Oregon30.71
33Hawaii21.4
34Kansas20.68
35Mississippi20.68
36Idaho10.51
37Iowa10.31
38Kentucky10.22
39Louisiana10.22
40Maine10.72
41Rhode Island10.92
42South Carolina10.19
43South Dakota11.08

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Alexandra Dimitropoulou, PhD
Alexandra Dimitropoulou, PhD in Cross-Cultural Media Innovation & Global Editorial Strategy, is the senior Business and Finance Editor at CEOWORLD Magazine, where she brings a global perspective and sharp editorial judgment to the forefront of business journalism. With over 12 years in financial media and corporate strategy, Alexandra has cultivated a reputation for her ability to translate complex financial topics into compelling narratives that resonate with C-suite audiences.

Before joining CEOWORLD, she was a senior correspondent for a top financial news outlet in New York and a communications advisor to several multinational investment firms. Alexandra's editorial direction bridges the technical world of finance with the storytelling finesse of PR, covering topics from M&A trends to CEO brand management. She leads a diverse team of analysts, journalists, and strategists focused on producing high-impact stories on global markets, leadership, and reputation management.

She holds an MBA in Finance and a bachelor's in International Relations. She frequently moderates panels on women in finance and strategic communications at international business summits. Her mission at CEOWORLD is to elevate financial literacy and leadership visibility through journalistic excellence and brand-savvy storytelling.

Email Alexandra Dimitropoulou at alexandra@ceoworld.biz