How Many Billionaires Live In Wyoming: A Wealthy Insight

As of April 6, 2023, Forbes has identified and listed five billionaires residing in the state of Wyoming. This information provides insight into the presence of substantial wealth within Wyoming, shedding light on the economic landscape of the state. These billionaires play a significant role in the local economy and may have an impact on various aspects of the state’s development, including philanthropic efforts, investments, and community involvement.

The table provides data on the number of millionaire households in different states in the United States, specifically focusing on households with more than $1 million in investable assets. This information sheds light on the wealth distribution and changes in wealth over a specific time frame. Here is the revised passage with missing information added:

The table below displays the number of millionaire households with investable assets exceeding $1 million in various states across the United States. This data is essential for understanding the wealth distribution and how it has evolved in recent years. It includes the state names, the current number of millionaire households, and the change in this number since 2016. The goal is to provide a comprehensive overview of the financial landscape in these states.

State Millionaire households Change from 2016

Georgia 200,395 +15,279
New Hampshire 39,209 +3,010
Oregon 89,383 +6,817
Wyoming 14,989 +1,146

This information not only helps us gauge the economic prosperity within each state but also allows us to identify trends and shifts in wealth accumulation over time.

Why does Wyoming attract a disproportionate number of billionaires? There are several key factors contributing to this phenomenon. Firstly, Wyoming has gained a reputation for its favorable income tax and trust laws, making it an attractive destination for those seeking to preserve and grow their wealth. Moreover, the state boasts a plethora of pristine natural landscapes and offers abundant opportunities for top-tier recreational activities. These factors combined have made Wyoming an appealing haven for the ultra-wealthy, who appreciate not only the financial advantages but also the unparalleled beauty and recreational possibilities it has to offer. As of April 8, 2023, this unique combination continues to draw billionaires to the Cowboy State.

Table

State/District	Number of Billionaires as of 2023	Billionaires per One-Million People
Virginia	7	0.803685656495795
Washington	13	1.6601056312443119
Wisconsin	7	1.1854406884226645
Wyoming	6	10.286672415773584

Households with more than $1 million in investable assets

State	Millionaire households	Change from 2016
Georgia	200,395	15,279
New Hampshire	39,209	3,010
Oregon	89,383	6,817
Wyoming	14,989	1,146