These North Carolina Billionaires Are Among Richest In US: Forbes patch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from patch.com Daily Mail and Mail on Sunday newspapers.
How the Richest Person in Each State Made Their Fortune
By Paul Feinstein, Stacker News
On 3/11/21 at 6:30 PM EST
Phillip Faraone / Getty Images for WIRED25
Whether it s a hedge-fund billionaire, tech giant, industrial titan, or someone simply born into the right family, the wealthiest people in every state each have their own stories. In today s political climate, the super-rich have plenty of influence over our political process, from lobbying members of the government and contributing to presidential bids to running ad campaigns in favor of specific causes.
To figure out who s on top of each state s rich list, Forbes tracks groups of billionaires (or centimillionaires in states with no billionaires) and updates their findings annually. Stacker analyzed this data to compile a list of the uber-wealthy and then broke down how each person earned their fortune. This list accounts for individuals wealth as of June 26, 2019, but keep in mind the tides of fortune are always shif
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Here s What it Takes to Be in the Top 1 Percent of Every State
By Madison Troyer, Stacker News
On 1/10/21 at 12:00 PM EST
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The top 1 percent of Americans have a combined net worth of $34.2 trillion, according to Federal Reserve data last updated Oct. 19, 2020. That number represents more than 30 percent of all household wealth in the U.S.
Windfall used its 2020 consumer financial database to determine the net worth required to rank in the top 1 percent of each state. The analysis used population estimates from the 2019 U.S. Census Bureau and net worth estimates from Windfall s wealth database of more than 80 million households. For each state, the minimum net worth required to qualify in the top 1 percent for that state is included, along with the median net worth of all homeowners with a primary residence in that state, and total homeowners with a net worth of $1 million or more. Net worth represents an individual s assets like homes, cars, and investments, less their