These States Are Home To The Most Forbes 400 Billionaires In 2025

Residents of 38 states and the District of Columbia made this year’s ranking of the richest people in the U.S. But the country’s extreme wealth remains clustered in a handful of hot spots.Billionaires from all over America made the annual Forbes 400 ranking of the country’s richest people in 2025. But the ultra-wealthy aren’t spread evenly across the U.S., with more than half of the list living in the four most populous states, which account for nearly two-thirds of the record $6.6 trillion in total wealth ...