How many Blacks made Forbes ‘Richest Billionaire In Every State’ list in 2024?

Forbes has published the list of The Richest Person In Every State for 2024. In its search for the richest resident in every state, the Business Magazine discovered that 47 states have at least one member of the ten-figure club.

The platform added that these 54 people on the list, some of whom are tied for the top spot in their state, have a combined net worth of $1.6 trillion, which is $100 billion more than last year.

Louisiana has a new billionaire who doubles as the state’s richest man, with an estimated net worth of $9.1 billion. Todd Graves is the founder and CEO of the fried chicken fast-food chain Raising Cane’s. He unseats Gayle Benson, who owns the NFL New Orleans Saints and the NBA New Orleans Pelicans.

The richest in certain states changed over the past year, as some of the wealthiest Americans decided to move. With Jeff Bezos no longer in Washington, Bill Gates emerged as the richest resident of Washington while Mark Zuckerberg claimed the top spot in California over a recent surge in his fortune. Shares of Meta nearly tripled in value over the past year following mass layoffs at the company and ongoing investments into AI and the metaverse, according to Forbes.

Meanwhile, Ebay founder Pierre Omidyar is the richest resident in Hawaii despite Bezos, Larry Ellison and Zuckerberg all owning property in that state. Also, Steve Cohen, founder of hedge fund firm Point72 Asset Management, replaced Ray Dalio as the richest in the state of Connecticut.

As per Forbes, Alaska, Delaware and West Virginia are the only three states still without a billionaire.

In all the states highlighted by Forbes, no black billionaire emerged as the richest despite a recent surge of black billionaires. As of 2024, there are 10 black billionaires in America. And in a recent publication of the richest Americans by Forbes, three blacks made the list dubbed “The Forbes 400 list.” They were: Robert F. Smith, David Steward, and Michael Jordan.

Smith was ranked number 8 as the wealthiest Black person in America with an estimated net worth of $9.2 billion. Smith founded the private equity firm, Vista Equity Partners, in 2000, which focuses exclusively on investing in software companies. The Denver native and philanthropist made headlines when he paid off the student debts of Morehouse’s graduating class in 2019. Steward occupied the 121st position on the list with a net worth of $7.6 billion.

Steward occupied the 121st position on the list with a net worth of $7.6 billion. The self-made billionaire started his entrepreneurial journey from a humble background and worked his way up the ladder to become successful. 

Jordan ranked 379 on the list with an estimated net worth of $3 billion, according to Forbes. He joined The Forbes 400 following the sale of his stake in the Charlotte Hornets.

Abu Mubarik

Abu Mubarik is a journalist with years of experience in digital media. He loves football and tennis.

Recent Posts

Mother opens up about frenzy of raising triplets who believe they have the same name

A TikTok user known as @thattripletmom_, has decided to walk her hectic life with followers.…

1 day ago

‘I didn’t expect it’ – Rihanna on the health reason behind her new look

Renowned singer and beauty mogul Rihanna has opened up about her postpartum hair loss journey…

1 day ago

Aurora woman sentenced to 84 years after daughter’s remains were found in her apartment

An Aurora woman has been sentenced to 84 years in prison for the murder of…

1 day ago

The first woman to sign to the Jordan brand is this Paralympic athlete

NBA legend Michael Jordan is behind Nike’s Jordan brand. In 1984, he signed a deal…

1 day ago

How Yo Gotti almost lost his 15 houses because he didn’t know he had to pay property taxes

Mario Sentell Giden Mims, better known as Yo Gotti, is an American rapper who has been…

1 day ago

Chicago: Students become first team of African-American women to win policy debate

Nevaeh Rita Sencion and Saidah Ervin of Baltimore City College High School won the National…

1 day ago

How Will Smith shocked theater fans after secretly joining them to watch Bad Boys: Ride or Die

A movie theater came to life when Will Smith emerged after the credits had rolled…

1 day ago

Kenya: Policeman opens fire on magistrate in court after ruling against his wife

Authorities in Kenya said a senior police officer was gunned down on Thursday after he…

1 day ago

Tyla says she never denied her Blackness after identifying as ‘coloured’ sparked controversy

South Africa’s global-rising singer Tyla took to social media on Thursday to set the record…

1 day ago

Naomi Campbell reveals her two children were born via surrogacy

During a recent interview with The Sunday Times, British-Jamaican supermodel Naomi Campbell confirmed her two…

1 day ago

East London woman abandoned in phone box as newborn finally meets half-brother

Susanne Barrow, abandoned as a newborn in an East London phone box with a touching…

2 days ago

Morehouse man graduates Magna Cum Laude after first enrolling 30 years ago

Thirty-three years ago, in 1991, Demetrius Banks began his journey at Morehouse College. He has…

2 days ago

Haitian-Trinidadian streamer Kai Cenat breaks Twitch viewership record with sleepover stream

Kai Cenat is a Twitch and YouTube creator with a total following of 22 million. The 22-year-old…

2 days ago

An apology isn’t enough – Superintendent pushed by angry dad during daughter’s graduation reacts to incident

Baraboo School District Superintendent Dr. Rainey Briggs isn't ready to forgive or forget after a…

2 days ago