Texas is the place to be if you want to make some money. In this post, we’ll take a closer look at the top 10 richest people in Texas and find out what makes them so successful.
According to a recent report, Some of these billionaires built their fortunes from scratch, while others inherited their wealth from their parents or grandparents. But one thing they all have in common is a love for Texas and a dedication to giving back to their community.
List of 10 Richest People in Texas
10. Robert F. Smith
So, you’re looking to see who the richest people in Texas are? Well, you’ve come to the right place. At number 10 we have Robert F. Smith, with a net worth of $8 billion USD. Robert made his fortune in private equity and is the founder of Vista Equity Partners. He’s also the chairman and CEO of the company.
In case you’re wondering, Vista Equity Partners is a private equity firm that focuses on software, data, and technology companies. Robert is well known for his philanthropic work and is one of the world’s most generous donors. In 2016, he donated $50 million to University’s engineering school. So not only is he rich, but he’s also a really good guy!
9. Ann Walton Kroenke
You might not know this, but Walmart is actually founded by a family from Texas. The Waltons, to be specific. And the dynasty continues to this day, with Ann Walton Kroenke at the top of the list of the richest people in Texas. Kroenke’s net worth is estimated at $8.3 billion, and she owes her fortune to her stake in Walmart (which, of course, is the largest retailer in the world).
Kroenke is also a major real estate investor, and she’s got a pretty impressive art collection too. So if you’re ever in Texas and want to rub shoulders with some of the richest people in the state, be sure to stop by Walmart!
8. Andrew Beal
So, who is the richest person in Texas? According to net worth, it’s Andrew Beal with a net worth of $9.4 billion. Beal made his fortune in the banking and real estate industries, and he currently resides in Dallas, Texas.
Some of his investments include the purchase of distressed banks and the development of new shopping malls. Not surprisingly, Beal is a generous philanthropist, and he has given millions of dollars to support education and medical research initiatives.
7. Autry Stephens
Texas has a long history of producing billionaires, and today’s no exception. Autry Stephens, chairman of Endeavor Energy Resources LP, has a net worth of $10 billion USD. Stephens was ranked as the 7th wealthiest person in Texas by Magazine in 2022.
He made his fortune in oil, and now he lives in Midland, Texas with his family. Stephens has quietly built up an oil company that rivals his much more famous counterparts, and now has a net worth of $10 billion, making him the seventh richest person in Texas.
6. Jeffery Hildebrand
So who’re the 6th richest people in Texas? It’s a man named Jeffery Hildebrand, and he has a net worth of $12.3 billion. Not too shabby, right? Hildebrand made his fortune in the oil industry, and he’s one of the most successful self-made billionaires in the world. He started out as an engineer and worked his way up the corporate ladder.
And when he finally struck out on his own, he founded Hilcorp Energy Company, which is now one of the largest privately-owned energy companies in the United States. Needless to say, Hildebrand knows a thing or two about making money, and he’s using that knowledge to help fund some of the most innovative energy projects in the world. Impressive guy, huh?
5. Stanley Kroenke
The 5th richest person in Texas is Stanley Kroenke, who has a net worth of $12.9 billion. Kroenke made his fortune in sports, real estate, and other investments, and he’s the majority owner of Arsenal Football Club, the Denver Nuggets, and the Los Angeles Rams.
Kroenke is a self-made man, and it’s his business savvy that’s helped him amass such a large fortune. He’s also known for being a very private person, which is why not much is known about his personal life.
4. Jerry Jones
You may be surprised to learn that the 4th richest person in Texas is Jerry Jones, the owner of the Dallas Cowboys. With a net worth of $15 billion, Jerry is easily one of the richest people in the world. How did Jerry make his fortune? Mostly through real estate investments, but he’s also made a killing in cattle ranching and oil and gas production.
In fact, he’s got his hands in a little bit of everything. But don’t feel bad for Jerry. He’s still doing pretty well for himself, even after shelling out more than $1 billion for the Cowboys. And with the team performing as well as they have lately, that investment is starting to pay off big time.
3. Michael Dell
You’re probably not too surprised to see Michael Dell on the list of richest people in Texas. After all, he’s the founder of Dell computers, which is one of the largest tech companies in the world. What’s really impressive about Dell is that he built his fortune from scratch.
He didn’t inherit a thing from his parents—he started out hawking computers out of his dorm room at UT Austin. And now he’s worth a whopping $49.8 billion USD. Not too bad, right?
2. Alice Walton
So who’re the 2nd richest people in Texas? According to net worth, it’s Alice Walton, with a net worth of $70 billion. Walton is the daughter of Walmart founder Sam Walton, and she has a good stake in the company. She also has her hand in other businesses, including real estate and art.
In fact, she’s the richest woman in the world when it comes to art. Not a bad life, right? Just think—you could be worth $70 billion if you were born into the right family!
1. Elon Musk
You’re probably not too surprised to see Elon Musk on this list. He’s the founder of Tesla, SpaceX, and a bunch of other startups. His net worth is estimated to be $253.8 billion, making him the richest person in Texas and the world. Musk made his fortune through some pretty ingenious ideas. He was the first to bring online-based car sales to the market with Tesla, and he’s been perfecting reusable rockets with SpaceX.
He’s also got a pretty impressive track record as an entrepreneur. So what’s next for this tech mogul? He’s planning to send people to Mars with SpaceX, and he’s working on developing autonomous cars with Tesla. It’s clear that Musk isn’t afraid to take risks, and that’s why he’s at the top of this list.
You may not be surprised to learn that the richest person in Texas is Elon Musk. But then, Texas is a big state with a lot of opportunities. If you’re looking to strike it rich, there’s no better place to start than Texas. These ten billionaires have made their fortunes in a variety of industries, from oil to real estate to technology. So what do they have in common? Hard work and a lot of luck. If you’re looking for some inspiration, take a look at these ten Texans who have struck it rich. You may just find the motivation you need to make your own fortune.