John Arnold, Houston Net worth: $2.9 billion, John Paul Dejoria, AustinNet worth: $3.1 billion, Mark Cuban, Dallas 50 overall and Los Angeles-Long Beach came in at No. No. Houston-The Woodlands comes in as the fifth in Texas for millionaires — No. In 1981, he obtained a master's degree in English literature from the University of Texas at San Antonio. 290 (tie), Ray Davis, $2.4 billion, Dallas. 8, Brenham at No. Millionaires to Total HH VS. 2010 Rank State Total Households $1MM+ Investable Assets Ratio Millionaires to Total HH VS. 2010 1 Maryland 2,186,613 157,779 7.22% +1 27 Texas … 3 on list of cities with the most financial distress, Harris County announces $40 million in emergency relief to residents, Local Tex-Mex family revs up exciting new restaurant in Oak Forest, How to bring Houston's best restaurant meals home — food truck and smoker included, Beloved Annie Cafe bestows brunch and other goodies on Uptown diners, Do Valentine's Day dinner right with the help of this Houston steakhouse, Mental health gets a spotlight at free online summit for Houston employers, Ways Houston employees can get access to sweet medical work perks, These innovative Houston clinics are taking urgent care to the next level, Make the most of Marfa and West Texas by road-tripping in a luxe RV, Traverse Texas state parks in a luxury RV for the ultimate fall escape, Where to rent an RV for all your amazing summer road trips, What you absolutely must eat, see, and do during 48 hours in Fort Worth, Spring ahead to a relaxing getaway at Alabama's welcoming beaches, Houstonians roll out support for women's charity at drive-thru soiree, Houston restaurant veteran predicts 2021 dining trends, plus more news, A Houston-area pitmaster's red-hot rise, plus sizzling Korean BBQ, Dive into this new seafood spot, plus Houston's hottest whiskey bar, Ken Hoffman reveals his close scrape with COVID-19, Ken Hoffman's sketchy connection to Houston's most famous crime artist, Where to eat in Houston: 11 bars that have reopened as restaurants, Where to eat in Houston: 11 best patios for socially distanced dining, Where to eat in Houston now: 12 favorite Black-owned restaurants. The hour-long series offers entrepreneurs a chance to pitch products and secure funding. 47 on the national list.). Benson lives in New Orleans and owns the NFL New Orleans Saints and the NBA New Orleans Pelicans, among other business interests. His column now appears twice a week. No. Hendricks was business editor from 1986 to 1992 and started his business column in 1989. 204, Mark Cuban, $3.2 billion, Dallas. 20, Michael Dell, $20 billion, Austin. One of the centers of the current boom in contemporary Western art. David Hendricks joined the San Antonio Express-News in February 1976 after receiving a bachelor of journalism degree in December 1975 from the University of Texas at Austin. 2 on the Texas list, with millionaires making up nearly 6 percent of the area's population. Thirty-three Texas billionaires, led by Fort Worth’s Wal-mart heir Alice Walton, are among the Forbes 400 richest Americans, according to the magazine’s list issued Tuesday. 134, Jeffery Hildebrand, $4.1 billion, Houston. Texas Art Gallery. 156 this year with a fortune estimated at $3.7 billion, down $800 million from 2015. Together, those eight Midlanders had a combined estimated total wealth of $2.45 billion, and included Cy Wagner and Jack Brown, each with a personal wealth of $550 million; Carlton Beal ($400 million), John L. Cox ($350 million), Clarence Scharbauer Jr. ($250 million), John Hendrix ($150 million), Clayton Williams Jr. $100 million) and Fred M. Allison Jr. ($100 million). 274 (tie), Robert Smith, $2.5 billion, Austin. https://www.mrt.com/news/article/Midland-101-Eight-Midlanders-on-list-of-7434010.php, Percentage of people voting on Election Day drops, City reports 238 new COVID cases, two deaths. While highly populated metro centers might be where you'd expect millionaires to live, the wealthiest people are actually spread all over in towns and cities across the nation. 13, Alice Walton, $35.4 billion, Fort Worth. 50 State Millionaires (2006) Income information listed by number of millionaires per 1,000 households in a state. Five years after the 1982 list appeared, the Scharbauer family of Midland requested that it no longer be included in the rankings. No. With Robert Duvall, Butch Gilliam, Gil Prather, Jen Friel. 10 in the state. New Orleans billionaire Tom Benson, whose business roots began in San Antonio through car dealerships and banks, is ranked this year by Forbes as the 274th wealthiest American with a net worth of $2.5 billion. No. No. Your guide to purchasing KN95 and NIOSH-approved N95 masks, I rode this Peloton competitor for 21 days. 49, Andrew Beal, $8.9 billion, Dallas. 94 (tie), Scott Duncan, $5.2 billion, Houston. No San Antonians are on the list since the magazine changed its methodology and removed H-E-B Grocery Co. Chairman and CEO Charles Butt from the Forbes 400 list of the world’s wealthiest individuals. No. 94 (tie) Trevor Rees-Jones, $5.2 billion, Dallas. 7, Austin-Round Rock at No. Millionaire households: 1,840 Total households: 24,739 Concentration of millionaires: 7.2% Median income for all households: $68,368 Median home … 142, H. Ross Perot Sr., $4 billion, Dallas. (Fredericksburg come in at No. Four months ago, in November 2012, The Atlantic magazine noted that Midland was the second richest metro area in the country, behind Bridgeport, Conn. Dallas banker and poker player Andrew Beal ranked third in Texas and 49th in the U.S. with $8.9 billion. 150, Kelcy Warren, $3.8 billion, Dallas. 2 on the Texas list, with millionaires making up nearly 6 percent of the area's population. Thirty years ago, before the failure of First National Bank and the long economic dry spell that followed, Forbes Magazine noted that eight Midland millionaires were among the richest people in the country. Robert Rowling, founder of the holding company of Omni Hotels and Gold's Gym, rounded out the top five Texans with $6 billion, making the Dallas businessman the 82nd richest American. There were 67 millionaire Texans on the list that year, and of those, 21 were from Houston, 20 from Dallas and eight from Midland. Celebrity chef makes all-star trip to Houston to cheer on local voters, Popular Dallas-based Japanese sandwich pop-up arrives in Houston. 94 (tie), Milane Frantz, $5.2 billion, Houston. Forbes acknowledged the list may not have been "absolutely correct" and published that it chose to be ultraconservative in its estimates so that all who deserved to be on the list would be included. In October 1983, just 13 months after the 1982 Forbes 400 issue was released, wealth itself -- as well as Midland's future economic outlook -- changed dramatically with the failure of First National Bank. 111, Ray Lee Hunt, $4.8 billion, Dallas. No. 5 and Torrington, Conn. ranks No. How 'Emily in Paris' gets cast iron skillets wrong. 94 (tie) Randa Williams, $5.2 billion, Houston. West Texas Investors Club is a reality series with millionaires Mike 'Rooster' McConaughey and Wayne 'Butch' Gilliam. No. 361 (tie), Leslie Alexander, $1.9 billion, Houston. National business periodicals, however, are on a first-name basis with us. 274 (tie), David Bonderman, $2.5 billion, Fort Worth. In fact business journalists have long had their eyes on us. 374 (tie), Lee Bass, $1.8 billion, Fort Worth. No. The nation's most populous cities,weren't very close to the top of the list. They have a daughter, Emily. Midland isn't the most glamorous place to live, and it might not provide a scenic mountain backdrop with a temperate climate -- travel mags wouldn't know us if we paraded in front of them with party hats and streamers. 2, where 195,639 households with assets of at least $1 million make up 8.8 percent of the area's population. He also covers international business, chambers of commerce and CC Media Holdings Inc. Hendricks also contributes classical music concert reviews, book reviews and travel articles. Texas ranks as the second most populous state in the U.S., so it would stand to reason that the Lone Star State also would be second in terms of the number of millionaire households. 94 (tie), Dannine Avara, $5.2 billion, Houston. No. Twelve percent of the wealthiest Texans named on the 1982 list were from Midland. 82, Robert Rowling, $6 billion, Dallas. Texas billionaires on Forbes' list of 400 wealthiest Americans for 2016, David Rossman/Dave Rossman / For the Chronicle. No. He worked seven years on various beats for the Metro desk before working in 1983 at the Express-News Capitol Bureau in Austin, returning to San Antonio later that year and joining the business section. Concentration of millionaires: 3.84%. 246, Tilman Fertitta, $2.7 billion, Houston. The wealth is more evenly distributed in this particular up cycle -- check out what fast food establishments, such as McDonalds, are paying for workers. No. We will not share or sell your email address. Net worth: $3.2 billion, Robert McNair, Houston  Net worth: $3.5 billion, Dan Friedkin, HoustonNet worth: $3.6 billion, Kelcy Warren, Dallas Net worth: $3.8 billion, H. Ross Perot, Sr., DallasNet worth: $4 billion, Jeffery Hildebrand, Houston Net worth: $4.1 billion, Ray Lee Hunt, Dallas Net worth: $4.8 billion, Randa Williams, Houston Net worth: $5.2 billion, Trevor Rees-Jones, Dallas Getty Images. New York-Newark ranked No. Today, with out-of-towners coming to Midland looking for work, sometimes with literally no more than what they can fit in their cars, these times are as robust as ever. Republican presidential nominee Donald Trump fell 35 spots to No. No. No. comes in at No. No. No. No. 94 (tie) Jerry Jones, $5.2 billion, Dallas. No. No. 361 (tie), Drayton McLane Jr., $1.9 billion, Temple. 214, John Paul DeJoria, $3.1 billion, Austin. 6. In Texas, Fredericksburg has the highest percentage of millionaires, where 701 households with more than $1 million in assets makes up nearly 6.5% of the area's population. Here are the richest Texas billionaires, listed by their national rank by Forbes: No. There were 67 millionaire Texans on the list that year, and of those, 21 were from Houston, 20 from Dallas and eight from Midland. (List by state, number per state, per 1,000 households, or average household income in state) Former Enron Corp. executive Richard Kinder, co-founder and executive chairman of Kinder Morgan Inc. in Houston, was the fourth wealthiest in the state and 69th in the U.S. with a $7 billion fortune, according to Forbes. In that New Mexico town, there are 912 households with more than $1 million in assets —  11.6 percent of the area's population.

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