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Net-worth network

Dallas-Fort Worth crowned one of world's top 10 wealthiest places

John Egan
Jan 24, 2019 | 9:42 am
4441 Belfort Pl, Highland Park
Many of Dallas' high-net-worth residents live in the Park Cities.
Photo courtesy of Briggs Freeman Sothebys International

Believe it or not, the whole Dallas-Fort Worth Metroplex is home to more mini-millionaires than the entire population of Plano. In fact, DFW now ranks among the world’s top 10 metros for the number of high-net-worth individuals.

A new ranking from Wealth-X, which collects and analyzes data about the world’s wealthiest people, puts DFW at No. 10 globally for the population of high-net-worth (HNW) individuals, defined as those with a net worth of $1 million to $30 million. (In other words, Alice Walton, Jerry Jones, and Andy Beal are way too rich for this list.)

For 2018, Wealth-X tallied 298,220 HNW individuals in Dallas-Fort Worth, up slightly from 297,935 the previous year. By comparison, the population of Plano was 286,143 in 2017, according to the U.S. Census Bureau. DFW is the only Texas metro to appear in Wealth-X’s top 10.

“With the addition of [the] Dallas-Fort Worth metro area, the U.S. now includes six of the top 10 cities in our ranking,” Wealth-X says.

Sitting atop the ranking is the New York City metro area, home to nearly 1 million HNW individuals. Elsewhere in the U.S., Los Angeles stands at No. 3, Chicago at No. 6, San Francisco at No. 9, Washington, D.C., at No. 9, and Dallas-Fort Worth at No. 10.

Chances are, you’ll find many of DFW’s HNW individuals in the region’s richest ZIP codes, particularly Highland Park and University Park. Highland Park is No. 9 among the country’s wealthiest ZIP codes, and University Park is No. 7, according to a 2018 analysis by Bloomberg.

According to data released in 2018 by Charles Schwab’s Modern Wealth Index, DFW residents say it takes a net worth of $2.4 million to be considered wealthy and $1.3 million to feel financially comfortable.

“Wealth is often thought of as an unreachable sum of money, but that is a view of the past,” Julie Lambert, manager of the Charles Schwab branch in Plano, says in a 2017 release. “We believe people should think about wealth as what they have now, whether that’s a lot of money or a little, and the important part is paying attention to it. Being engaged, even when you’re just getting started, is the only way to build wealth over time and attain personal goals.”

According to the 2018 Knight Frank City Wealth Index, Dallas ranks seventh globally for the most households (297,970) earning at least $250,000 in 2017, just behind Houston at No. 6 (298,868 households).

Dallas is projected to rank 10th for the growth of households earning at least $250,000, adding 58,575 such households from 2017 to 2022, the index says. By comparison, Houston is forecast to hold down the No. 9 position, adding 71,211 of those households during the same five-year span.

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Big to-do

H-E-B to replace Ennis store with supermarket more than twice as big

Christina Hughes Babb
Oct 26, 2026 | 4:53 pm
HEB store exterior
newsroom.heb.com
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H-E-B is planning a major upgrade for Ennis grocery shoppers, with a new location that will be more than twice the size of the existing store, which has served residents of Ennis for more than five decades.

A forthcoming 112,000-square-foot Ennis H-E-B is planned for the corner of N. Sonoma Trail and E. Ennis Ave. The current store will remain open until the new location is up and running in late 2028, according to a news release. H-E-B adds that no plans have been made for the property that houses the existing store once it closes.

“We are proud to have served our neighbors in Ennis for more than 50 years," Mabrie Jackson, H‑E‑B’s managing director of public affairs, says in the release. "We hope our new store will continue to be an important part of this community.”

At Ennis' new H-E-B, shoppers can look forward to similar services, quality products, and low prices found in other H‑E‑B locations, the company says. The new store will include a full-service pharmacy with drive-thru and offer both curbside and home delivery services. H-E-B’s much-loved South Flo Pizza will be available at the new store, too.

Jackson adds that the personality and character of Ennis will be reflected in the store's design, a show of the "deep gratitude" they have for their loyal customers in the neighborhood.

The forthcoming Ennis H-E-B, now in the early stages will include:

  • Bakery featuring handmade artisan breads, cakes, and warm tortillas made in-store daily
  • Meat and Seafood markets with prime, natural, and organic meats, fully cooked options, and fresh seafood delivered daily
  • Extensive craft beer and wine selections
  • Healthy Living department with bulk food items, sports nutrition products, and supplements
  • Beauty department with a wide selection of cosmetics and other beauty essentials
  • Pet department featuring H‑E‑B brand Heritage Ranch pet food plus toys and treats
  • H‑E‑B Blooms department with custom arrangements and décor items
  • H‑E‑B Texas Backyard for live plants, pottery, soil, and outdoor gardening needs
  • H‑E‑B Meal Simple section with fresh chef-inspired meals made in store
  • Sushiya sushi made in-store daily and Asian grill items such as rice and noodle bowls
  • H-E-B South Flo Pizza, freshly made and handcrafted in-house daily

H-E-B, a chain consistently rated among America's best grocers by industry and consumer reports, has been in rapid expansion mode across DFW in recent years; many stores, including Dallas, Denton, and Carrollton, are in the works.

With $49.6 billion in annual revenue, the H-E-B grocery chain appears at No. 11 on Forbes' inaugural list of America’s 100 largest family businesses.

Founded in 1905, H-E-B operates more than 460 grocery stores in the U.S. and Mexico. The company says its annual sales exceed $50 billion. The company employs over 175,000 Partners in Texas and Mexico, and serves millions of customers in more than 300 communities.

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