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  • California is home to 83 members of this year's Forbes 400 list, worth a combined $1.3 trillion.

  • That's four members less than last year, but still the top spot for more than one out of five 400 members.

  • As a group, they're worth around triple the $489 billion the state's 92 members were worth a decade ago.

  • But it's not the only hub for the three-comma club.

  • Ranking behind California are New York and Florida, followed by Texas.

  • Those four states are the most populous in the country, holding a third of all Americans but nearly 60 percent of the wealthiest ones.

  • Over the past decade, New York has lost 11 net members, five of whom moved to Florida.

  • Those transplants include the state's most famous resident, Donald Trump, who returns to the 400 list this year thanks to Trump Media and Technology Group, the social media company he took public in March.

  • Here are the five states with the most billionaires from the 2024 Forbes 400 list.

  • At number five, Illinois.

  • Chicago is home to the youngest member of the Forbes 400, Lucas Walton, who is one of the eight grandchildren of Walmart co-founder Sam Walton.

  • Aged 38, he's one of two listees under 40.

  • Other list members, from the Hyatt Hotel brand's Pritzker family, are also breezing around the Windy City, including J.D. Pritzker, the state's billionaire governor.

  • At number four, Texas.

  • Elon Musk, the richest person in the U.S. for the third year in a row, is all in on the Lone Star State, even announcing this year that he's moving his companies, SpaceX and Xthair, from California.

  • Texas produces more oil and natural gas than any other state, so perhaps unsurprisingly, nearly a third of its listees made their fortune in energy, including Randa Duncan-Williams and Kelsey Warren.

  • At number two, Florida.

  • The Sunshine State keeps attracting big wealth.

  • When Jeff Bezos relocated from Washington state, he spent $234 million on three homes on Indian Creek, the gated man-made island in Miami Beach dubbed the Billionaire Bunker.

  • Nearly 30% of Florida's listees made their fortunes in finance and investments, including the second-richest Floridian, Ken Griffin, who made headlines in 2022 for moving his family and the headquarters of his hedge fund, Citadel, there from Chicago.

  • The second most common industry that enriched the wealthiest Floridians is food and beverage, from which hails Subway's Elizabeth DeLuca and LaCroix Sparkling Water's Nick Caporella.

  • At number two, New York.

  • The world's financial capital is still a finance billionaire hub.

  • Nearly two-thirds of the Empire State's listees made their fortunes in the sector, including

  • Michael Bloomberg, the former New York City mayor who started his career on Wall Street.

  • Other notable New Yorkers on the Forbes 400 include George Soros, Ralph Lauren, and Bill Ackman.

  • And at number one, California.

  • Hollywood and Silicon Valley have made Californians rich, but none more than Mark Zuckerberg, who officially resides in Palo Alto, though these days he spends plenty of time at his 1,450-acre compound in Kauai, Hawaii.

  • Nearly half of California's Forbes 400 wealth stems from tech moguls like Zuckerberg, including

  • Oracle's Larry Ellison, Google's Larry Page, and Sergey Brin.

California is home to 83 members of this year's Forbes 400 list, worth a combined $1.3 trillion.

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Where America’s Richest People Live 2024

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    VoiceTube posted on 2024/10/05
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