The Lone Star State continues to top the charts for housing billionaire residents. From oil tycoons to sports franchise moguls — dozens of the wealthiest individuals in the U.S. call Texas home.
And according to Forbes, it’s never been a better time to be a billionaire, with the business magazine reporting 400 more added names to its 2026 annual World’s Billionaires list rankings compared to last year, bringing the number of billionaires across the world up to 3,428 total.
The ultra-wealthy are even wealthier, too, worth a record $20.1 trillion, up $4 trillion from 2025. The U.S. has the most billionaires, with 989 individuals reporting net worths of at least $1 billion.
Arguably one of the most famous Texas transplants, turned-Austinite Elon Musk, took the top spot as the richest Texan and American, surpassing the likes of Amazon’s Jeff Bezos and Meta’s Mark Zuckerberg.
Musk, CEO of Tesla, SpaceX and X (formerly Twitter), saw his net worth skyrocket to $839 billion — more than double the $342 billion reported in 2025.
Two other Texans ranked among the top 20 billionaires in the world; Michael Dell, Chairman and CEO of Dell Technologies, trailed Musk, slotting in at 13th with $141 billion, and Alice Walton, whose father Sam Walton founded Walmart, followed at 14th with $134 billion. Walton was the wealthiest woman on Forbes’ list.