The chart above shows the number of billionaires in each region. Only the Western US has over 200 billionaires.
Findings
- The difference between the region with the most billionaires, the West, and the region with the least, the Midwest, is 144.
- The West has 3.29 times the billionaires that the Midwest does.
- The West has just over one-third of all the billionaires in the country.
- Alabama, Alaska, Delaware, Louisiana, Mississippi, New Mexico, North Dakota, and Vermont do not have a single billionaire.
Caveats
- Data is from 2018.
- The Western US consists of California, Washington, Colorado, Arizona, Oregon, Utah, Nevada, New Mexico, Hawaii, Idaho, Alaska, Montana, and Wyoming.
- The Northeastern US consists of New York, Pennsylvania, New Jersey, Massachusetts, Maryland, Connecticut, New Hampshire, Delaware, Maine, Rhode Island, and Vermont.
- The Southern US consists of Texas, Florida, Georgia, North Carolina, Virginia, Tennessee, Louisiana, South Carolina, Alabama, Kentucky, Oklahoma, Arkansas, Mississippi, and West Virginia.
- The Midwestern US consists of Illinois, Ohio, Michigan, Indiana, Minnesota, Wisconsin, Missouri, Iowa, Kansas, Nebraska, North Dakota, and South Dakota.
Details
California which has 145 billionaires has more billionaires than the entire South and over twice as many as the entire Midwest. New York is the only other state to have more billionaires than an entire region as it has more than the Midwest does.
Every region has states without billionaires. Surprisingly, the region with the least billionaires is also the region with the least number of states without billionaires. Alaska and New Mexico do not have any in the West; Delaware and Vermont do not have any in the Northeast; Alabama, Louisiana, and Mississippi do not have any in the South; and North Dakota does not have any in the Midwest.
Sources
Forbes. 2018. "The World's Billionaires List." Accessed October 2, 2018. https://www.forbes.com/billionaires/list/21/#version:static.