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    Rich Getting Richer

    Dallas-Fort Worth cashes in with big increase in ultra-wealthy residents

    John Egan
    Oct 8, 2020 | 11:04 am
    Dallas skyline with reflection
    DFW's ultra-rich population is on the rise.
    joe daniel price/Getty Images

    Just as Dallas-Fort Worth’s population is growing rapidly, so too is its population of ultra-wealthy people.

    A report released October 7 by Wealth-X shows that DFW saw the biggest jump in super-rich residents — 17 percent from 2018 to 2019 — among U.S. metro areas with the largest populations of ultra-high-net-worth individuals.

    The data shows that DFW was home to 3,165 ultra-high-net-worth (UHNW) individuals last year, landing it at No. 10 among ultra-wealthy cities in the world.

    Wealth-X, which which provides data and analysis about wealthy consumers, defines UHNW as those with a net worth of more than $30 million.

    Included in the Metroplex's ultra-wealthy crowd are 14 billionaires who earned spots on this year’s edition of the Forbes 400. Leading the DFW pack is Walmart heiress Alice Walton of Fort Worth, with a net worth estimated at $66.5 billion as of October 6. Among Texas’ metro areas, DFW boasts the most billionaires.

    New York City topped Wealth-X’s worldwide list, with 10,435 UHNW individuals. Other U.S. metros joining DFW and NYC in the global top 10 are Los Angeles; Chicago; San Francisco; and Washington, D.C. Hong Kong, Tokyo, Paris, and London round out the list.

    The average net worth of a UHNW individual in 2019 was $122 million. Billionaires represented just 1 percent of the global UHNW population, yet their cumulative wealth amounted to a 27 percent share ($9.4 trillion).

    According to the report, the worldwide ultra-wealthy sector expanded by 290,720 people from 2018 to 2019, an increase of 9.5 percent. Meanwhile, their combined net worth climbed 9.7 percent to $35.4 trillion.

    North America witnessed the most substantial UHNW gains from 2018 to 2019. The number of ultra-wealthy individuals rose 14.5 percent to 105,080, representing a 36 percent share of the global UHNW class. In the same period, the collective net worth of UHNW individuals in North America shot up by 14.4 percent to $12.4 trillion.

    The economic upheaval caused by the coronavirus pandemic has shifted the wealth landscape, though. For instance, Wealth-X says North America’s UHNW population dipped by 1 percent from December 2019 to August 2020, and their wealth shrank by 3 percent.

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    TALL TALES

    Missing giraffe turns into Texas Hill Country's tallest mystery

    Associated Press
    Jun 25, 2026 | 9:00 am
    Cedar Hollow Ranch, Gracie the giraffe
    Real Country Animal Rescue/ Facebook
    Where can Gracie be?

    UPDATE 6-26-2026: Gracie has been found about four miles south of the Cedar Hollow Ranch, according to a Facebook update from Real County Animal Rescue. Ranch manager Vic Jones has assembled a team to safely bring the wandering giraffe home.

    ---

    A giraffe named Gracie is missing in Texas, and the search for her has become a tall order.

    Gracie, who is about 3 years old, has been missing for nearly two weeks after escaping her enclosure at Cedar Hollow Ranch in the Texas Hill Country, said Vic Jones, who owns the remote property about 100 miles west of San Antonio. He said Wednesday, June 24 that Gracie had wandered into a part of the privately owned preserve that other giraffes previously avoided.

    Jones said he has sent up helicopters to look for Gracie, a few sightings have trickled in, and a $5,000 reward is on the table.

    But the giraffe, which stands roughly the height of a tree, hasn't turned up.

    “She wound up going up and feeding in an area on the hillside and the rocky ledges that none of the other giraffes had ever gone on before,” Jones said. “And when she came down off of there, she came down on the wrong side of the gate.”

    The ranch is in rural Real County, where its roughly 2,700 residents were put on alert to be on the lookout for a missing giraffe. Jones said the search area is extremely remote, and the likelihood of Gracie encountering any humans is low.

    “People are not in danger of her because she’s not around people,” Jones said. 'She’s out in very, very rough, heavily wooded lands."

    The Texas Hill Country has one of the largest concentrations of exotic captive animals in the country. Real County Sheriff Nathan Johnson said the mild climate and rugged terrain seems to serve as a good stand-in for most of the animals' native African environments.

    He rattled off a list of animals that have gone missing over the years, especially after floods, but said this was his first giraffe.

    “I’ve had wildebeests, I've had water buffalo, I've had monkeys, I’ve had zebras, all go missing,” Johnson said. “Sometimes we recover them, and sometimes we don’t.”

    While the middle of Texas is not a giraffe's native environment, Jones said Gracie should be able to find plenty of leaves and other vegetation to eat. He said other animals were not likely to bother her.

    Jones said he initially had helicopters searching an area of about 7,500 acres (3,000 hectares) with no luck. A few days later, there was a report that Gracie was spotted to the south.

    But by the time they could search the area, Jones said, she was already gone.

    “We're always two three days late for where the information is coming from, so that makes it tough,” Jones said.

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