We often hear that President Donald Trump has liked to describe himself as a 'Billionaire' .....
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| Trump - Thinking Like A Billionaire |
.... this despite the fact that he often revels in paying only the level of taxes that even a non millionaire might be pleased to pay (possibly that's why he's a billionaire?).
Estimates for his worth have varied quite a bit over the decades, with a recent one suggesting that its currently about US $2.1 billion. But in US terms that is not huge, and in fact puts him somewhere below being the 250th richest person in the USA.
However, in what must be a blow to his pride a recent map created by HowMuch.net illustrates the biggest fortunes in the USA on a state-by-state basis.
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| The Richest In Each US State ..... |
and guess what, Mr Trump doesn't feature on it.
Now it has to be said that the map was based on figures from before the economic collapse caused by the coronavirus. But its likely that the relative wealth positions of the billionaires has stayed the same in relation with each other, so the map is possibly still valid. Some, such as Jeff Bezos, who with a wealth estimated at $117bn, may even end up increasing their wealth as sales via Amazon boom during the pandemic.
Other billionaires, whose fortunes made in the badly impacted areas of tourism, hospitality and sport may see their wealth fall ..... how Mr Trump fares, with his wealth being based in real estate and development, remains to be seen. But given his ambiguous claims to his wealth levels, its unlikely that it will be obvious if he loses money.
Anyway, back to the the map which shows that the levels of wealth in each state vary a lot. The richest in some months, range from over $100bn to a mere $300m, in some states - which even Trump would disparage as pocket change. I wonder how the 26 million Americans who are currently unemployed will view the wealth of the few over the next few years ... probably not any differently.
Anyway, just for completeness here's the listing by state from the map:
1 Jeff Bezos, Washington: $117.1bn
2 Warren Buffett, Nebraska: $89.6bn
3 Mark Zuckerberg, California: $81.9bn
4 Michael Bloomberg, New York: $58.4bn
5 Jim Walton, Arkansas: $51.9bn
6 Alice Walton, Texas: $51.7bn
7 Charles Koch, Kansas, $42.8bn
8 Sheldon Adelson, Nevada, $41.4bn
9 Phil Knight, Oregon: $40bn
10 Jacqueline Mars, Virginia: $30.2bn
11 John Mars, Wyoming: $30.2bn
12 Ray Dalio, Connecticut: $18.7bn
13 Thomas Peterffy, Florida: $17.6bn
14 Abigail Johnson, Massachusetts: $16bn
15 Pierre Omidyar: Hawaii, $13.2bn
16 Ken Griffin, Illinois: $13.bn
17 Thomas Frist Jr and family, Tennessee: $13.0bn
18 John Menard Jr, Wisconsin: $11.7bn
19 Philip Anschutz, Colorado: $11.5bn
20 Carl Cook,Indiana: $10.4bn
21 Jim Kennedy, Georgia: $9.9bn
22 Harold Hamm & family, Oklahoma: $9.7bn
23 James Goodnight, North Carolina: $8bn
24 Victoria Mars, Pennsylvania: $7.5bn
25 Pauline MacMillan Keinath, Missouri: $6.9bn
26 Dennis Washington, Montana: $6.7bn
27 Daniel Gilbert, Michigan: $6.5bn
28 Ernest Garcia II, Arizona: $6.2bn
29 John Overdeck, New Jersey: $6.1bn
30 Ted Lerner and family, Maryland: $5.5bn
31 Harry Stine, Iowa: $5.4bn
32 Tamara Gustavson, Kentucky: $5bn
33 Les Wexner and family, Ohio: $4.5bn
34 Frank VanderSloot, Idaho: $3.7bn
35 Gayle Benson, Louisiana: $3.1bn
36 Glen Taylor, Minnesota: $2.8bn
37 T. Denny Sanford, South Dakota: $2.4bn
38 Susan Alfond, Maine: $1.9bn
39 Anita Zucker, South Carolina: $1.9bn
40 Jonathan Nelson, Rhode Island: $1.8bn
41 Gail Miller, Utah: $1.6bn
42 Jim Justice II, West Virginia: $1.5bn
43 James and Thomas Duff, Mississippi: $1.4bn
44 Gary Tharaldson, North Dakota: $1bn
45 Jimmy Rane, Alabama: $0.9bn
46 Elizabeth Snyder and Robert Gore, Delaware: $0.9bn
47 Andrea Reimann-Ciardelli: New Hampshire: $0.7bn
48 Mack C. Chase: New Mexico: $0.7bn
49 John Abele: Vermont: $0.6bn
50 Leonard Hyde, Jonathan Rubini and Families, Alaska: $0.3bn
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