These are the richest billionaires in Arizona State and Regional
The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year’s number by 30%. While the US is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. According to Pew Research Center data, people in the US became somewhat more critical of billionaires between 2020 and 2021. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-rich—as a group rather than as individuals—negatively. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world’s first trillionaire by 2026.
The US’s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker compiled a list of the richest billionaires who are residents of Arizona, using data from Forbes. Billionaires are ranked by net worth as of September 6. Forbes lists 11 billionaires in Arizona.
#11. Ken Kendrick
– Net worth: $1.0 billion (#2,466 wealthiest in the world)
– Residence: Paradise Valley, Arizona
– Source of wealth: banking, sports team, Self Made
#10 Jerry Moyes & family
– Net worth: $1.4 billion (#1,960 wealthiest in the world)
– Residence: Tolleson, Arizona
– Source of wealth: transportation, Self Made
#9 Peter Sperling
– Net worth: $1.6 billion (#1,780 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: education
#8. Stewart Horejsi & family
– Net worth: $2.4 billion (#1,219 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: Berkshire Hathaway, Self Made
#7. George Kurtz
– Net worth: $2.5 billion (#1,190 wealthiest in the world)
– Residence: Paradise Valley, Arizona
– Source of wealth: security software, Self Made
#6. Bennett Dorrance
– Net worth: $3.2 billion (#910 wealthiest in the world)
– Residence: Paradise Valley, Arizona
– Source of wealth: Campbell Soup
#5. Bob Parsons
– Net worth: $3.4 billion (#836 wealthiest in the world)
– Residence: Scottsdale, Arizona
– Source of wealth: web hosting, Self Made
#4. E. Joe Shoen
– Net worth: $4.0 billion (#689 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: U-Haul
#3. Arturo Moreno
– Net worth: $4.1 billion (#671 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: billboards, Los Angeles Angels, Self Made
#2. Ernest Garcia II
– Net worth: $4.3 billion (#633 wealthiest in the world)
– Residence: Tempe, Arizona
– Source of wealth: used cars, Self Made
#1. Mark Shoen
– Net worth: $4.8 billion (#550 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: U-Haul
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