(NEXSTAR/WKRN) — While you may feel a momentary flush of wealth after receiving an "extra" paycheck in May, there are others continuing to amass millions and billions of dollars thanks to investments, entrepreneurship, and inheritances — including some in your own state.

Forbes has once again scoured the ranks of the richest people in America to find the wealthiest person in all 50 states. In all but three -- Alaska, Delaware, and West Virginia -- that title belongs to a billionaire. In five states, a new resident has overtaken the wealthiest citizen crown from last year's title-winner.

In total, these 50 wealthy Americans are worth a record $2 trillion combined, according to Forbes.

The wealthiest among them, unsurprisingly, is Elon Musk. While he's been spending time in Washington, D.C. recently, it's Texas that gets to claim Musk and his $388 billion estimated net worth. That's up from the estimated $195 billion net worth Forbes reported in last year's list.

Rounding out the top five were Florida's Jeff Bezos, California's Mark Zuckerberg, Nebraska's Warren Buffett, and Washington's Steve Ballmer.

Just like last year, Thomas Frist Jr. and his family in Nashville ranked as the wealthiest people in Tennessee, with an estimated net worth of $26.8 billion from hospitals. Thomas Frist Jr. and Thomas Frist Sr. co-founded Hospital Corporation of America, which is now known as HCA Healthcare, according to the company’s website. HCA Healthcare is made up of locally managed facilities, including more than 180 hospitals and approximately 2,400 sites of care in 20 states and the United Kingdom.

The interactive table below shows the wealthiest person in each state as of April 2025, according to Forbes' analysis.

Those who lost their spot on the list this year include Bill Gates, whose net worth dropped after Forbes adjusted its estimate of how much his ex-wife, Melinda French Gates, received in their divorce settlement.

In Arkansas, Rob Walton and his family edged out his brother, Jim, both Walmart heirs, to stand as the wealthiest in the state.

John Menard, Jr. of Wisconsin and home improvement chain Menard's fame, lost his spot to Diane Hendricks, one of just 10 women to be included on Forbes' latest list. Among the women on the list, Virginia's Jacqueline Mars, heir of the Mars candy company, has the highest estimated net worth at $39 billion. Close behind is Fidelity CEO Abigail Johnson of Massachusetts with an estimated net worth of $31.5 billion.

Another woman on Forbes' list was the richest person in Kentucky: Tamara Gustavson of Lexington, who has an estimated net worth of $8.1 billion from self-storage. Based on her Forbes profile, she's the largest shareholder of Public Storage, which her father co-founded.

You can view Forbes' full list here.

It's Alaska where the title of the wealthiest resident may be easiest to attain. Leonard Hyde and Jonathan Rubini of JL Properties remain tied as the richest residents — both have an estimated worth of $400 million.

News Source : https://www.wkrn.com/news/tennessee-news/who-are-the-wealthiest-residents-in-tennessee-other-states-forbes-releases-new-report/