{"id":201910,"date":"2026-03-12T20:54:17","date_gmt":"2026-03-12T20:54:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/201910\/"},"modified":"2026-03-12T20:54:17","modified_gmt":"2026-03-12T20:54:17","slug":"forbes-new-billionaires-list-is-out-how-many-are-in-north-texas","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/201910\/","title":{"rendered":"Forbes\u2019 new billionaires list is out. How many are in North Texas?"},"content":{"rendered":"<p class=\"body-text-paragraph\">An AI-driven stock market boom. A flush luxury real estate market. Favorable tax policies. <\/p>\n<p class=\"body-text-paragraph\">The economy <a href=\"https:\/\/www.dallasnews.com\/business\/2026\/01\/26\/economists-say-the-country-has-entered-a-k-shaped-economy-what-about-d-fw\/\" rel=\"nofollow noopener\" target=\"_blank\">may not be working very well for everyone<\/a>, but wealthy people \u2014 both in the U.S. and around the world \u2014 are generally doing great. And the world\u2019s richest are actually doing better than ever, <a href=\"https:\/\/www.forbes.com\/billionaires\/\" rel=\"nofollow noopener\" target=\"_blank\">according to Forbes\u2019 new 2026 billionaires analysis<\/a>. The financial publication\u2019s team counted more than 3,400 billionaires this year, with a total wealth of over $20 trillion, both records. <\/p>\n<p class=\"body-text-paragraph\">And North Texas, in the middle of its own long-running wealth boom, figured prominently in the list \u2014 38 billionaires have strong ties to the region, according to a count by The Dallas Morning News, including three women who all rank among the world\u2019s 100 richest people. Here are some of the most notable and newsworthy D-FW billionaires, ordered by wealth. (Note that net worth tallies are rounded, and Forbes\u2019 list updates frequently.) <\/p>\n<p>Alice Walton, $134B. Global rank: 14. North Texas rank: 1 <\/p>\n<p class=\"body-text-paragraph\">The 76-year-old is the only daughter of Walmart founder Sam Walton. She\u2019s also the 14th richest person in the world, and by far the richest person tied to North Texas. Walton, an art collector and booster, has backed multiple art initiatives in Fort Worth, where she lives, and previously owned <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2017\/11\/29\/wal-mart-heiress-sells-her-rocking-w-ranch-west-of-fort-worth\/\" rel=\"nofollow noopener\" target=\"_blank\">the nearly 1,500-acre Rocking W Ranch<\/a> near the border of Parker and Palo Pinto counties. She\u2019s also started a medical school and opened a museum, although those initiatives were in Bentonville, Ark., the small city where Walmart has its headquarters. <\/p>\n<p>Business Briefing<\/p>\n<p class=\"dmnc_features-cta-social-article-cta-social-module__3beff secondaryRoman secondaryRoman-20 text-center text-gray-dark\">Become a business insider with the latest news.<\/p>\n<p class=\"dmnc_features-cta-social-article-cta-social-module__8MgJa flex flex-wrap text-gray-dark secondaryRoman secondaryRoman-10 text-center justify-center\">By signing up, you agree to our\u00a0<a class=\"dmnc_features-cta-social-article-cta-social-module__lU9-l border-b border-gray-dark hover_border-0 focus_border-0 active_border-0\" href=\"https:\/\/www.dallasnews.com\/help\/terms-of-service\/\" rel=\"nofollow noopener\" target=\"_blank\">Terms of Service<\/a>\u00a0and\u00a0<a class=\"dmnc_features-cta-social-article-cta-social-module__lU9-l border-b border-gray-dark hover_border-0 focus_border-0 active_border-0\" href=\"https:\/\/www.dallasnews.com\/help\/privacy-policy\" rel=\"nofollow noopener\" target=\"_blank\">Privacy Policy.<\/a><\/p>\n<p>Elaine Marshall and family, $31B. Global rank: 71. North Texas rank: 2 <\/p>\n<p class=\"body-text-paragraph\">Marshall\u2019s fortune came through Kansas-based Koch Industries, which ranks as the country\u2019s second-largest private company by annual revenue.  Marshall\u2019s ties to the company come through her late husband E. Pierce Marshall, the son of an early partner of Fred Koch, who founded an oil refinery firm that eventually morphed into Koch Industries. Pierce Marshall was <a href=\"https:\/\/www.dallasnews.com\/arts-entertainment\/architecture\/2013\/01\/24\/peppard-bloomberg-ups-its-estimate-of-dallas-almost-15-billion-woman-elaine-marshall\/\" rel=\"nofollow noopener\" target=\"_blank\">reportedly a \u201cmodest, buttoned-down Dallasite\u201d<\/a> who got wrapped up in salacious headlines because of his elderly father\u2019s marriage to the Playboy model Anna Nicole Smith. <\/p>\n<p class=\"body-text-paragraph\">Elaine Marshall, who is 83 and lives in Dallas, ranks as Forbes\u2019 71st wealthiest person in the world, although she\u2019s previously told The News that public estimates of her family\u2019s wealth were wildly overstated. \u201cThis is ridiculous,\u201d she said in 2013, when a Bloomberg assessment put her net worth at nearly $15 billion. \u201cBut it doesn\u2019t affect me or how I live.\u201d <\/p>\n<p>Lyndal Stephens Greth and family, $30B. Global rank: 77. North Texas rank: 3 <\/p>\n<p class=\"body-text-paragraph\">North Texas\u2019s third-wealthiest person is also a woman. Lyndal Stephens Greth, a 51-year-old Dallasite, got rich through oil and gas. Her father was Autry Stephens, the Texas mogul who founded Endeavor Energy Resources, which emerged as a powerhouse oil exploration and production firm in the Permian Basin. In 2024, the company was sold to Diamondback Energy for approximately $26 billion; Stephens Greth, a longtime board member, also briefly chaired the company that year after her father\u2019s death. Forbes ranks Stephens Greth at number 77. <\/p>\n<p>Stanley Kroenke, $22B. Global rank: 114. North Texas rank: 4 <\/p>\n<p class=\"body-text-paragraph\">You may know the 78-year-old Kroenke, who came in at number 114 on Forbes\u2019 list, as the NFL owner who moved the St. Louis Rams to LA \u2014 or as the owner of the NBA\u2019s Denver Nuggets, the NHL\u2019s Colorado Avalanche, the MLS\u2019 Colorado Rapids or the Premier League\u2019s Arsenal FC. <\/p>\n<p class=\"body-text-paragraph\">But Kroenke \u2014 who decades ago married into the Walton family and subsequently built his own fortune as one of the country\u2019s most prolific commercial real estate developers \u2014 also has North Texas ties. Several years ago, Kroenke <a href=\"https:\/\/www.dallasnews.com\/business\/2016\/02\/21\/how-a-dallas-led-dream-team-made-sale-of-texas-fabled-w-t-waggoner-ranch-a-reality\/\" rel=\"nofollow noopener\" target=\"_blank\">made headlines<\/a> for purchasing the iconic, roughly 520,000-acre W.T. Waggoner Ranch near Vernon. The sale price was undisclosed, although the property had been listed at $725 million. Forbes lists Kroenke\u2019s residence in nearby Electra. His wife, Ann Walton Kroenke, came in at number 197 on Forbes\u2019 list, or 6th among North Texans. <\/p>\n<p>Jerry Jones, $20B. Global rank: 124. North Texas rank: 5 <\/p>\n<p class=\"body-text-paragraph\">The 83-year-old onetime oil wildcatter and longtime Cowboys owner came in as Forbes\u2019 124th richest person. Much of that wealth comes from the Cowboys: Despite <a href=\"https:\/\/www.dallasnews.com\/sports\/cowboys\/2025\/12\/15\/dallas-cowboys-season-sinking-loss-minnesota-vikings-postseason-chances\/\" rel=\"nofollow noopener\" target=\"_blank\">another disappointing season<\/a>, America\u2019s Team remains incredibly rich. <a href=\"https:\/\/www.dallasnews.com\/business\/2025\/08\/22\/the-12-billion-sports-juggernaut-that-hasnt-seen-the-super-bowl-in-over-30-years\/\" rel=\"nofollow noopener\" target=\"_blank\">Recent estimates<\/a> have put the team\u2019s worth at $13 billion \u2014 the most valuable sports franchise in the world. Part of the key, analysts say, is Jones\u2019 intrinsic understanding of the \u201cattention economy\u201d \u2014 and pop culture phenomena like the Netflix hit <a href=\"https:\/\/www.dallasnews.com\/arts-entertainment\/tv\/2025\/08\/18\/netflix-docuseries-on-dallas-cowboys-cheerleaders-renewed-for-third-season\/\" rel=\"nofollow noopener\" target=\"_blank\">\u201cAmerica\u2019s Sweethearts: Dallas Cowboys Cheerleaders\u201d<\/a> have kept the team in the zeitgeist. <\/p>\n<p class=\"body-text-paragraph\">\u201cSome years they\u2019ll be good, and some years they\u2019ll be bad,\u201d Brad Sham, <a href=\"https:\/\/www.dallasnews.com\/sports\/cowboys\/2018\/09\/17\/cowboys-celebrate-voice-of-the-cowboys-hitting-40-years-designate-the-brad-sham-home-radio-booth-at-att-stadium\/\" rel=\"nofollow noopener\" target=\"_blank\">a longtime radio commentator<\/a> for the team, told The News last year, \u201cbut they\u2019ll never be boring.\u201d<\/p>\n<p>Andrew Beal, $13B. Global rank: 238. North Texas rank: 8<\/p>\n<p class=\"body-text-paragraph\">Beal, who dropped out of Baylor and moonlights as a high-stakes poker player, is one of Texas\u2019 most well-known bankers. He made a fortune during the Great Recession by buying distressed assets, and the parent company of Dallas-based Beal Bank has assets of more than $22 billion, according to Forbes. Recently, he\u2019s also stirred local real estate controversy: Beal, 73, <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2021\/11\/24\/edwin-coxs-landmark-highland-park-estate-was-purchased-by-banker-andy-beal\/\" rel=\"nofollow noopener\" target=\"_blank\">bought the Edwin Cox estate<\/a>, near the Dallas Country Club in Highland Park, in 2021, in a deal that ranked as one of the priciest ever for a local home. <\/p>\n<p class=\"body-text-paragraph\">Then he tore the century-old mansion down, sparking <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-14210939\/billionaire-banker-century-old-mansions-dallas-texas-highland-park.html\" rel=\"nofollow noopener\" target=\"_blank\">some strong negative reactions<\/a>, and petitioned the city to amend a height ordinance in order to <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2024\/12\/17\/why-the-billionaire-who-tore-down-the-cox-mansion-wants-highland-park-rules-changed\/\" rel=\"nofollow noopener\" target=\"_blank\">erect a cupola<\/a> on the new home he planned to build, which led to more neighborhood opposition. Beal <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2025\/01\/31\/billionaire-banker-gives-up-bid-to-change-highland-park-zoning\/\" rel=\"nofollow noopener\" target=\"_blank\">later dropped the request<\/a>. <\/p>\n<p>Ray Lee Hunt, $7B. Global rank: 623. North Texas rank: 11 <\/p>\n<p class=\"body-text-paragraph\">The son of one of Texas\u2019 most famous wildcatters \u2014 and owner of one of Dallas\u2019 most prominent last names \u2014 is now 82 and serves as chairman emeritus of Hunt Consolidated, the corporate umbrella for a family dynasty whose projects now range from oil and gas to real estate, power and ranching. <\/p>\n<p class=\"body-text-paragraph\">Last year, Hunt, who previously served on the board of the Federal Reserve Bank of Dallas, also weighed in on Dallas\u2019 future, <a href=\"https:\/\/www.bizjournals.com\/dallas\/news\/2025\/06\/10\/ray-hunt-randall-stephenson-texas-stock-exchange.html\" rel=\"nofollow noopener\" target=\"_blank\">writing a letter<\/a> in support of regulatory approval for the incoming Texas Stock Exchange that argued the exchange was necessary because of Texas\u2019 emerging status as a corporate capital and \u201cthe number of new companies in Texas that may eventually seek to go public.\u201d <\/p>\n<p>Ross Perot Jr., $7B. Global rank: 645. North Texas rank: 12<\/p>\n<p class=\"body-text-paragraph\">The 67-year-old real estate scion, U.S. Chamber of Commerce vice chairman and son of the country\u2019s most famous third-party presidential candidate remains one of Dallas\u2019 biggest personalities and newsmakers. In the past few months alone, Perot Jr. has generated headlines as he\u2019s dished publicly on <a href=\"https:\/\/www.dallasnews.com\/business\/entrepreneurs\/2025\/10\/16\/us-chamber-chair-ross-perot-jr-talks-ai-at-irving-event-i-use-chatgpt-all-the-time\/\" rel=\"nofollow noopener\" target=\"_blank\">ChatGPT<\/a>, opined on the future of the Mavs and <a href=\"https:\/\/www.dallasnews.com\/business\/2026\/02\/09\/at-drc-event-ross-perot-jr-weighs-in-on-mavs-arena-ai-taylor-sheridan\/\" rel=\"nofollow noopener\" target=\"_blank\">entertained a local business audience<\/a> with stories about his dad and Taylor Sheridan. His company has been chugging along, too, as it <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2026\/02\/27\/multi-million-dollar-knox-henderson-homes-alliancetexas-and-other-d-fw-real-estate-news\/\" rel=\"nofollow noopener\" target=\"_blank\">continues to expand<\/a> its massive AllianceTexas mixed-use development and industrial hub, also the home of Alliance Airport. <\/p>\n<p>Mark Cuban, $6B. Global rank: 694. North Texas rank: 14 <\/p>\n<p class=\"body-text-paragraph\">Despite what you may have heard, the 67-year-old former majority Mavs owner and longtime Shark Tank host <a href=\"https:\/\/www.dallasnews.com\/sports\/mavericks\/2026\/02\/11\/dallas-mavericks-mark-cuban-buying-back-patrick-dumont-miriam-adelson-selling-team\/\" rel=\"nofollow noopener\" target=\"_blank\">is not buying back the team<\/a> from current majority owners Miriam Adelson and Patrick Dumont. But he still has plenty of opinions: In February, after the NBA dished out tanking-related fines to the Utah Jazz and Indiana Pacers, Cuban generated his own buzz by <a href=\"https:\/\/x.com\/mcuban\/status\/2023775633122210022?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2023775633122210022%7Ctwgr%5E47ff14edea9f53ccdbabdab4579fb2495864cffe%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.dallasnews.com%2Fsports%2Fmavericks%2F2026%2F02%2F17%2Fmark-cuban-nba-tanking-dallas-mavericks-draft-adam-silver%2F\" rel=\"nofollow\">writing on social media<\/a> that the league should \u201cembrace\u201d the controversial practice, even suggesting that under his leadership it had led to the Mavs\u2019 later acquisition of Luka Doncic.<\/p>\n<p>Timothy Headington, $1B. Global rank: 3,017. North Texas rank: 37<\/p>\n<p class=\"body-text-paragraph\">The 75-year-old Headington has long been one of Dallas\u2019 most interesting magnates \u2014 and of Downtown Dallas\u2019 biggest boosters. Headington earned a fortune in the oil business, selling his land in North Dakota\u2019s Bakken fields to XTO Energy in 2008, and subsequently went on to produce and fund numerous movies, including local films as well as major Hollywood hits like \u201cArgo\u201d and \u201cWorld War Z.\u201d <\/p>\n<p class=\"body-text-paragraph\">Through his commercial real estate fir, he\u2019s also poured hundreds of millions of dollars into Downtown projects, revitalizing the Joule Hotel and developing various apartment buildings and shops. His latest project is something different: <a href=\"https:\/\/www.dallasnews.com\/food\/restaurant-news\/2026\/03\/12\/what-is-shyboy-hi-fi-dallas-music-dance-dj\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.dallasnews.com\/food\/restaurant-news\/2026\/03\/12\/what-is-shyboy-hi-fi-dallas-music-dance-dj\/\">Shyboy<\/a>, the Main Street basement music club that was modeled after Japanese jazz kisas and opened earlier this month. <\/p>\n","protected":false},"excerpt":{"rendered":"An AI-driven stock market boom. A flush luxury real estate market. Favorable tax policies. The economy may not&hellip;\n","protected":false},"author":2,"featured_media":201911,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7150,910,27,29,28],"class_list":["post-201910","post","type-post","status-publish","format-standard","has-post-thumbnail","category-texas","tag-billionaires","tag-business","tag-texas","tag-texas-headlines","tag-texas-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/201910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=201910"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/201910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/201911"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=201910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=201910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=201910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}