How much are the wealthiest people in each state making? More than ever, a new report from Forbes found. Most of the people on the list were on it last year — and collectively, they’re worth $682 billion more than last year. Overall, the net worth of each person averages $14.4 billion in the 2017 listing, up from $12.6 billion each in 2016.
A silver lining for people not in the 1%: of the 50 top earners in each state, 35 of them have self-made fortunes and only 15 inherited their massive wealth. Many of their respective fortunes were made in industries specific to the states where they reside. Here are the wealthiest people in each state and how they made it rich.
1. Alabama: Jimmy Rane
Rane is the founder of lumber company Great Southern Wood Abbeville. He’s known as the character he plays in commercials, the ‘Yella Fella’ and is worth $700 million.