42 TX Billionaires Are Among The Richest In The World: New Forbes List

TEXAS — Forty-two billionaires from Texas are part of a $16 trillion club — the estimated net worth of the ultra-wealthy, named Forbes’ 39th annual World’s Billionaires list released Tuesday.

The richest of them is Elon Musk, who is worth an estimated $342 billion. Musk divides his time between the Department of Government Efficiency, electric car maker Tesla, rocket company SpaceX, and artificial intelligence startup xAI, which he merged with his social media giant X last week. Musk added $147 billion to his fortune over the past year, Forbes said.

Rounding out the top five richest people in the world are three others from the United States, Meta’s Mark Zuckerberg (estimated net worth $216 billion), Amazon’s Jeff Bezos ($215 billion) and Oracle’s Larry Ellison ($192 billion); and French luxury goods kingpin Bernard Arnault ($178 billion).

The richest people from Texas on the list are:

1. Elon Musk

• Net Worth: $244 B
• Age: 53
• Source: Tesla, SpaceX

12. Michael Dell

• Net Worth: $101 B
• Age: 59
• Source: Dell Technologies

15. Alice Walton

• Net Worth: $89.2 B
• Age: 74
• Source: Walmart

28. Lyndal Stephens Greth & family

• Net Worth: $32.3 B
• Age: 49
• Source: Oil & gas

35. Elaine Marshall & family

• Net Worth: $28.3 B
• Age: 82
• Source: Koch Inc.

45. Stanley Kroenke

• Net Worth: $16.9 B
• Age: 77
• Source: Sports, real estate

52. Jerry Jones & family

• Net Worth: $15.2 B
• Age: 81
• Source: Dallas Cowboys

74. Andrew Beal

• Net Worth: $12 B
• Age: 71
• Source: Banks, real estate

82. Ann Walton Kroenke

• Net Worth: $11.5 B
• Age: 75
• Source: Walmart

86. Ken Fisher

• Net Worth: $11.2 B
• Age: 73
• Source: Money management

88. Robert F. Smith

• Net Worth: $10.8 B
• Age: 61
• Source: Private equity

99. Tilman Fertitta

• Net Worth: $10.1 B
• Age: 67
• Source: Entertainment, Houston Rockets

112. Richard Kinder

• Net Worth: $9.3 B
• Age: 79
• Source: Pipelines

122. Charles Butt

• Net Worth: $8.9 B
• Age: 86
• Source: Supermarkets

126. Robert Rowling

• Net Worth: $8.6 B
• Age: 71
• Source: Hotels, investments

126. Randa Duncan Williams

• Net Worth: $8.6 B
• Age: 63
• Source: Pipelines

130. Dannine Avara

• Net Worth: $8.5 B
• Age: 60
• Source: Pipelines

130. Milane Frantz

• Net Worth: $8.5 B
• Age: 55
• Source: Pipelines

137. Scott Duncan

• Net Worth: $8.3 B
• Age: 41
• Source: Pipelines

156. Dan Friedkin

• Net Worth: $7.6 B
• Age: 59
• Source: Toyota dealerships

156. Jeffery Hildebrand

• Net Worth: $7.6 B
• Age: 65
• Source: Oil & gas

158. Joe Gebbia

• Net Worth: $7.5 B
• Age: 43
• Source: Airbnb

169. Thai Lee

• Net Worth: $7 B
• Age: 65
• Source: IT provider

176. Ray Lee Hunt

• Net Worth: $6.9 B
• Age: 81
• Source: Oil, real estate

184. Kelcy Warren

• Net Worth: $6.7 B
• Age: 68
• Source: Pipelines

210. Joseph Liemandt

• Net Worth: $6.2 B
• Age: 56
• Source: Software

210. Janice McNair & family

• Net Worth: $6.2 B
• Age: 88
• Source: Energy, sports

222. Robert Bass

• Net Worth: $5.9 B
• Age: 76
• Source: Oil, investments

230. Bert Beveridge

• Net Worth: $5.7 B
• Age: 62
• Source: Vodka

230. Mark Cuban

• Net Worth: $5.7 B
• Age: 66
• Source: Online media, Dallas Mavericks

247. Margot Birmingham Perot

• Net Worth: $5.3 B
• Age: 90
• Source: Computer services, real estate

256. Albert Chao & family

• Net Worth: $5.1 B
• Age: 75
• Source: Chemicals, building products

256. James Chao & family

• Net Worth: $5.1 B
• Age: 77
• Source: Chemicals, building products

256. Trevor Rees-Jones

• Net Worth: $5.1 B
• Age: 73
• Source: Oil & gas

266. George Bishop

• Net Worth: $5 B
• Age: 86
• Source: Oil & gas

288. H. Ross Perot, Jr.

• Net Worth: $4.6 B
• Age: 65
• Source: Real estate

308. Carl Thoma

• Net Worth: $4.4 B
• Age: 75
• Source: Private equity

308. Steven Udvar-Hazy

• Net Worth: $4.4 B
• Age: 78
• Source: Aircraft leasing

359. Sid Bass

• Net Worth: $3.7 B
• Age: 82
• Source: Oil, investments

359. Eleanor Butt Crook & family

• Net Worth: $3.7 B
• Age: 92
• Source: Supermarkets

359. Drayton McLane, Jr.

• Net Worth: $3.7 B
• Age: 88
• Source: Walmart, logistics

385. Ray Davis

• Net Worth: $3.5 B
• Age: 82
• Source: Pipelines

Forbes used stock price and exchange rates from March 7, 2025, but monitors the real-time wealth of billionaires, which can result in shifts in rankings over time.

Forbes said the billionaire bonanza extends beyond the United States. A record 3,028 people around the globe made the list, 247 more than last year. They’re worth a combined $16.1 trillion, $2 trillion more than last year, and more than the GDP of every country in the world besides the United States and China, Forbes said.

The average fortune now stands at $5.3 billion, up $200 million from 2024.

The United States has a record 902 billionaires, more than anywhere else on the planet. They include 103 new billionaires, also a record among other nations with billionaires.

Two of the richest U.S. newcomers are Marilyn Simons (estimated net worth $31 billion), the widow of quantitative hedge fund manager Jim Simons, and Lyndal Stephens Greth ($25.8 billion), the daughter of oil and gas tycoon Autry Stephens, who died in August.

Simons and Stephens are two of just 406 women among the World’s Billionaires, only 13.4 percent of the list, up slightly from 13.3 percent last year. Nearly three-quarters inherited their fortunes. That includes the world’s richest woman, Walmart heir Alice Walton ($101 billion), who has overtaken French L’Oreal heir Francoise Bettencourt Meyers ($81.6 billion) for the top spot among women.

Only 15 percent of the new billionaires on the 2025 list are women, and nearly two-thirds of them inherited their wealth. The richest exception: 71-year-old Barbara Banke (estimated net worth $2.6 billion), who cofounded Jackson Family Wines, known for its Kendall-Jackson wines from Sonoma, with her late husband Jess Jackson, who died in 2011.

Celebrity newcomers include rock star Bruce Springsteen, worth an estimated $1.2 billion, movie star and former California governor Arnold Schwarzenegger ($1.1 billion), and comedian Jerry Seinfeld ($1.1 billion).

Few billionaires have had a better year than President Donald Trump—and not just because he retook the U.S. presidency. Before moving back into the White House, he padded his cash pile with a very lucrative move into crypto. Between that and his Trump Media & Technology Group going public just after Forbes locked in its 2024 rankings, the president’s net worth has more than doubled, from an estimated $2.3 billion to an estimated $5.1 billion.

For comparison, the average net worth of American households is about $1.06 million, while the median net worth is $192,900, according to the Federal Reserve’s 2022 Survey of Consumer Finances, the most recent assessment available.