The chart above shows the number of billionaires per 100,000 people in each US state. Wyoming is the only state with more than one billionaire for every 100,000 residents.
Findings
- The difference between the state with the most billionaires per capita, Wyoming, and the state with the least (that has billionaires), South Carolina, is 1.22.
- Wyoming has 57.45 times the billionaires per capita that South Carolina does.
- The median billionaires per 100,000 people for the 50 states is 0.10 and the mean 0.15.
- The median billionaires per 100,000 people for the 42 states with billionaires is 0.13 and the mean 0.18.
- Alabama, Alaska, Delaware, Louisiana, Mississippi, New Mexico, North Dakota, and Vermont do not have a single billionaire.
Caveats
- Data is from 2018.
- Rates are rounded to the nearest hundredth.
Details
New York and Connecticut are the only two states that are in the top five in both total number of billionaires and billionaires per capita. Wyoming, which ranks first in the per capita metric, ranks 19th in total billionaires, and California which ranks first in total billionaires ranks sixth in the per capita metric.
The South does not have a single state in the top five; its highest ranked state, Florida, ranks seventh. The Midwest does not have a single state in the top ten; its highest ranked state, Nebraska, ranks 14th.
Sources
Forbes. 2018. "The World's Billionaires List." Accessed October 2, 2018. https://www.forbes.com/billionaires/list/21/#version:static.
United States Census Bureau. "Annual Estimates of the Resident Population: April 1, 2010 to July 1, 2016." Accessed December 12, 2017. http://factfinder2.census.gov.