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    Ranking the rich

    12 Dallas billionaires make Forbes' list of America's richest for 2018

    John Egan
    Oct 3, 2018 | 4:58 pm
    Dallas Cowboys owner Jerry Jones
    Cowboys owner Jerry Jones is worth an estimated $6.9 billion.
    Photo courtesy of Dallas Cowboys

    Many try, but no one, it seems, can topple Walmart heiress Alice Walton of Fort Worth from her perch as the wealthiest person in Texas. In fact, her net worth soared by $6.7 billion from 2017 to 2018, according to the latest Forbes 400 list of the richest Americans.

    The new Forbes 400 ranking puts Walton, with an estimated net worth of $44.9 billion, atop the list of Texas billionaires and at No. 12 nationwide.

    This year, 12 Dallas billionaires land on the Forbes list: Andrew Beal (No. 46), Jerry Jones (No. 75), Robert Rowling (No. 107), Ray Lee Hunt (No. 127, tie), Trevor Rees-Jones (No. 127, tie), Kelcy Warren (No. 136), Ross Perot, Sr. (No. 172), Mark Cuban (No. 190), Gerald Ford (No. 280), Ray Davis (No. 316), W. Herbert Hunt (No. 328), and Ross Perot, Jr. (No. 354).

    Walton is joined by four other Fort Worth billionaires on the list. She also happens to be the country’s and world’s richest woman. Last year, Walton ranked 13th nationwide with an estimated net worth of $38.2 billion, up from $35 billion in 2016 and $32 billion in 2016. From 2017 to 2018 alone, Walton’s net worth jumped nearly 18 percent.

    Not far behind her on this year’s Forbes 400 — at No. 2 in Texas and No. 17 in the U.S. — is Austin tech titan Michael Dell, whose net worth is estimated at $27.6 billion in 2018, up from $23.2 billion last year. He’s chairman and CEO of the Round Rock-based tech company that bears his name.

    For those keeping score, Houston boasts the most billionaires on the Texas list (13), followed by Dallas (12), Fort Worth and Austin (six each), and Brownsville (one). No one from San Antonio appears in this year’s Forbes 400.

    Walton and Dell are the only two Texans among the 20 richest Americans. In all, 38 Texans appear in this year’s Forbes 400. Other than Walton and Dell, they are:

    Andrew Beal
    City: Dallas
    Net worth: $9.9 billion
    U.S. rank: 46
    Source of wealth: Banking, real estate
    Notable: Sold Preston Hollow estate in 2017 for $36.2 million

    Jerry Jones
    City: Dallas
    Net worth: $6.9 billion
    U.S. rank: 75
    Source of wealth: Dallas Cowboys
    Notable: Controls NFL’s most valuable franchise, worth estimated $5 billion

    Richard Kinder
    City: Houston
    Net worth: $6.6 billion
    U.S. rank: 79 (tie)
    Source of wealth: Pipelines
    Notable: Through family foundation, donated $70 million for Houston’s Memorial Park

    Dannine Avara
    City: Houston
    Net worth: $6.2 billion
    U.S. rank: 88 (tie)
    Source of wealth: Pipelines
    Notable: Formerly practiced law

    Scott Duncan
    City: Houston
    Net worth: $6.2 billion
    U.S. rank: 88 (tie)
    Source of wealth: Pipelines
    Notable: Is youngest Texas billionaire on list (age 35)

    Milane Frantz
    City: Houston
    Net worth: $6.2 billion
    U.S. rank: 88 (tie)
    Source of wealth: Pipelines
    Notable: Became billionaire after 2010 death of father Dan Duncan

    Randa Williams
    City: Houston
    Net worth: $6.2 billion
    U.S. rank: 88 (tie)
    Source of wealth: Pipelines
    Notable: Chairs board of family-owned energy company

    Robert Rowling
    City: Dallas
    Net worth: $5.8 billion
    U.S. rank: 107
    Source of wealth: Hotels, investments
    Notable: Donated millions of dollars for law and leadership center at Southern Methodist University

    Ray Lee Hunt
    City: Dallas
    Net worth: $5.3 billion
    U.S. rank: 127 (tie)
    Source of wealth: Oil, real estate
    Notable: Chairs board of family-owned businesses

    Trevor Rees-Jones
    City: Dallas
    Net worth: $5.3 billion
    U.S. rank: 127 (tie)
    Source of wealth: Oil and gas
    Notable: Sold University Park estate in 2018

    Robert Bass
    City: Fort Worth
    Net worth: $5 billion
    U.S. rank: 134 (tie)
    Source of wealth: Oil, investments
    Notable: Chairs board of company seeking to develop first supersonic business jet

    Kelcy Warren
    City: Dallas
    Net worth: $4.9 billion
    U.S. rank: 136 (tie)
    Source of wealth: Pipelines
    Notable: “Flunked out” of University of Texas at Arlington but returned to earn engineering degree

    Tilman Fertitta
    City: Houston
    Net worth: $4.5 billion
    U.S. rank: 153 (tie)
    Source of wealth: Houston Rockets, restaurants, entertainment
    Notable: Bought Rockets in 2017 for $2.2 billion

    Robert Smith
    City: Austin
    Net worth: $4.4 billion
    U.S. rank: 163 (tie)
    Source of wealth: Private equity
    Notable: Paid $59 million for three-story New York penthouse in 2018

    Ross Perot Sr.
    City: Dallas
    Net worth: $4.2 billion
    U.S. rank: 172 (tie)
    Source of wealth: Computer services, real estate
    Notable: Is oldest Texas billionaire on list (age 88)

    Bert “Tito” Beveridge
    City: Austin
    Net worth: $4 billion
    U.S. rank: 179 (tie)
    Source of wealth: Vodka
    Notable: Net worth shot up by 60 percent from 2017 to 2018

    Dan Friedkin
    City: Houston
    Net worth: $4 billion
    U.S. rank: 179 (tie)
    Source of wealth: Toyota dealerships
    Notable: Controls largest private company in Houston

    Jeffery Hildebrand
    City: Houston
    Net worth: $4 billion
    U.S. rank: 179 (tie)
    Source of wealth: Oil
    Notable: Sits on University of Texas System Board of Regents

    Mark Cuban
    City: Dallas
    Net worth: $3.9 billion
    U.S. rank: 190 (tie)
    Source of wealth: Online media
    Notable: Owns Dallas Mavericks and is investor on “Shark Tank”

    Robert McNair
    City: Houston
    Net worth: $3.8 billion
    U.S. rank: 200 (tie)
    Source of wealth: Energy, sports
    Notable: Owns Houston Texans

    Sid Bass
    City: Fort Worth
    Net worth: $3.4 billion
    U.S. rank: 232 (tie)
    Source of wealth: Oil, investments
    Notable: Invested millions of dollars in maker of Blue Bell ice cream

    John Arnold
    City: Houston
    Net worth: $3.3 billion
    U.S. rank: 239 (tie)
    Source of wealth: Hedge funds
    Notable: Donated millions of dollars to help survivors of Hurricane Harvey

    David Bonderman
    City: Fort Worth
    Net worth: $3.3 billion
    U.S. rank: 239 (tie)
    Source of wealth: Private equity
    Notable: Chairs board of low-cost Irish airline Ryanair

    Joseph Liemandt
    City: Austin
    Net worth: $3 billion
    U.S. rank: 271 (tie)
    Source of wealth: Software
    Notable: Drove effort to establish nonprofit Ride Austin ride-hailing service

    Gerald Ford
    City: Dallas
    Net worth: $2.9 billion
    U.S. rank: 280 (tie)
    Source of wealth: Banking
    Notable: Donated $20 million to build football stadium at Southern Methodist University

    Ray Davis
    City: Dallas
    Net worth: $2.6 billion
    U.S. rank: 316 (tie)
    Source of wealth: Pipelines
    Notable: Co-owns Texas Rangers

    John Paul DeJoria
    City: Austin
    Net worth: $2.6 billion
    U.S. rank: 316 (tie)
    Source of wealth: Hair care products, tequila
    Notable: Sold 70 percent stake of Patron tequila brand in 2018 for $5.1 billion

    William F. Austin
    City: Brownsville
    Net worth: $2.5 billion
    U.S. rank: 328 (tie)
    Source of wealth: Hearing aids
    Notable: Named Goodwill Global Ambassador for Ear and Hearing Health in 2017

    Lee Bass
    City: Fort Worth
    Net worth: $2.5 billion
    U.S. rank: 328 (tie)
    Source of wealth: Oil, investments
    Notable: Owns two cattle ranches in South Texas

    George Bishop
    City: The Woodlands
    Net worth: $2.5 billion
    U.S. rank: 328 (tie)
    Source of wealth: Oil and gas
    Notable: Owns ranch in South Texas and golf course near Houston

    W. Herbert Hunt
    City: Dallas
    Net worth: $2.5 billion
    U.S. rank: 328 (tie)
    Source of wealth: Oil
    Notable: Named (with wife Nancy) Les Femmes du Monde’s 2016 Couple of the Year

    Edward Bass
    City: Fort Worth
    Net worth: $2.4 billion
    U.S. rank: 344 (tie)
    Source of wealth: Oil, investments
    Notable: Married longtime girlfriend Sasha Camacho in 2017

    Thai Lee
    City: Austin
    Net worth: $2.3 billion
    U.S. rank: 354 (tie)
    Source of wealth: Information technology
    Notable: Runs one of country’s largest woman-owned businesses

    Drayton McLane Jr.
    City: Houston
    Net worth: $2.3 billion
    U.S. rank: 354 (tie)
    Source of wealth: Walmart, logistics
    Notable: Chairs initiative bringing high-speed “bullet” train to Texas

    Ross Perot Jr.
    City: Dallas
    Net worth: $2.3 billion
    U.S. rank: 354 (tie)
    Source of wealth: Real estate
    Notable: Sold Dallas Mavericks to Mark Cuban in 2000

    Leslie Alexander
    City: Houston
    Net worth: $2.1 billion
    U.S. rank: 383 (tie)
    Source of wealth: Sports
    Notable: Sold Houston Rockets in 2017 for $2.2 billion

    rankings
    news/city-life

    Animal News

    Dallas animal shelter invites residents to host a pet during holiday

    CultureMap Staff
    Dec 16, 2025 | 6:05 pm
    Dallas Animal Services animal shelter
    DAS
    Husky at Dallas Animal Services

    Dallas Animal Services (DAS) is inviting the community to help bring pets “Home for the Holidays” by adopting or fostering during one of the shelter’s busiest times of the year.

    DAS has achieved strong positive outcomes this quarter, including adoptions, foster-to-adopt placements, and underage foster placements, with 1,377 in October and 1,378 in November. The department is now working toward a December goal of 1,400 positive outcomes, with 588 completed so far this month.

    “We are grateful for the support our community continues to show,” said Victoria Chittam Bennett, Assistant Director. “Every adoption opens a kennel for another pet in need, and the holidays are an especially meaningful time to welcome a new companion.”

    This season, adopters will also have the chance to participate in the Friends of Dallas Animal Services (FODAS) 12 Days of Holiday Giveaways, fully funded and supported through donations from generous community supporters. For more information about this initiative, visit friendsofdas.org and watch out for announcements on social media.

    Holiday staycations
    Residents who may not be ready to adopt can still support DAS pets by participating in Silent Night Holiday Staycations, a short-term foster opportunity that gives dogs a relaxing break from the shelter during the holiday period.

    Pickup dates are scheduled for December 20-21, with drop-off options on December 27-28 or January 3-4. Participants typically spend 1-3 hours at the shelter selecting a foster match, and contact with pets outside the home should be limited. Questions may be directed to DASFtA@dallas.gov.

    “Holiday Staycations allow our dogs to decompress and show their personalities in a home environment,” said Amanda Earl, Assistant Director. “The insight we receive from these foster stays is invaluable in helping pets find permanent homes.”

    DAS encourages the community to adopt, foster, volunteer, or share adoptable pets to help meet December’s lifesaving goals.
    “Together, we can bring home the holidays for the pets relying on us,” said Director Paul Ramon.

    For more information on adoptable pets, holiday programs, or ways to get involved, visit https://bedallas90.org/ or stop by the DAS Shelter at 1818 N. Westmoreland Rd.

    animals
    news/city-life

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