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    Ranking the Rich

    These 12 Dallas billionaires land on Forbes' list of richest Americans

    John Egan
    Oct 23, 2017 | 9:01 am
    Houston, Bruno Mars Art After Dark Super Bowl Party, Jan 2017, Mark Cuban
    Mark Cuban's net worth is estimated at $3.3 billion.
    Photo by F. Carter Smith

    Nearly 10 percent of the 400 richest Americans live in Texas, with most of the state’s uber-billionaires making their home in Dallas.

    Dallas lays claim to 12 billionaires on Forbes' 2017 ranking of the 400 richest Americans, while Houston has 11, Fort Worth has six, Austin has four, and Temple has one. No one from San Antonio shows up on the list.

    Walmart heiress Alice Walton of Fort Worth is the richest Texan with an estimated net worth of $38.2 billion. She ranks as the 13th richest person in the U.S.

    At No. 2 among the richest Texans is Austin tech titan Michael Dell, whose net worth is estimated at $23.2 billion. Forbes puts him at No. 19 among the richest Americans.

    The third richest Texan, according to Forbes, is Andrew Beal. The Dallas banker and real estate mogul is worth an estimated $10.9 billion. Beal is the country’s 45th richest person.

    Coming in at No. 4 is Houston energy titan Richard Kinder, whose net worth is pegged at $6.7 billion. He’s the 74th richest American.

    Holding down the No. 5 spot is Dallas Cowboys owner Jerry Jones, with a net worth estimated at $6.7 billion. Overall, he sits at No. 95 on the list of the richest Americans.

    “America’s richest are richer than ever. The minimum net worth to make the Forbes list of 400 wealthiest Americans is now a record $2 billion,” say Luisa Kroll and Kerry Dolan, assistant managing editors of wealth at Forbes Media.

    Two San Antonians — Rod Lewis and Red McCombs — failed to make this year’s list because their net worth falls below $2 billion. Meanwhile, another San Antonian, Charles Butt, doesn’t appear on the list because Forbes combines his net worth with the rest of the Butt family. The family fortune is estimated at $10.7 billion.

    Here's a list of the 29 other richest of the rich in Texas, including their estimated net worth and main source of wealth.

    • Dannine Avara, No. 97 (tie), Houston, $5.5 billion, pipelines.
    • Scott Duncan, No. 97 (tie), Houston, $5.5 billion, pipelines.
    • Milane Frantz, No. 97 (tie), Houston, $5.5 billion, pipelines.
    • Randa Williams, No. 97 (tie), Houston, $5.5 billion, pipelines.
    • Robert Rowling, No. 108, Dallas, $5.2 billion, investments.
    • Robert Bass, No. 122 (tie), Fort Worth, $4.9 billion, oil and investments.
    • Ray Lee Hunt, No. 122 (tie), Dallas, $4.9 billion, oil and real estate.
    • Trevor Rees-Jones, No. 132, Dallas, $4.8 billion, oil and gas.
    • Kelcy Warren, No. 161, Dallas, $4.2 billion, pipelines.
    • Ross Perot Sr., No. 167, Dallas, $4.1 billion, computer services and real estate.
    • Robert McNair, No. 186, Houston, $3.8 billion, energy.
    • Dan Friedkin, No. 200, Houston, $3.7 billion, Toyota dealerships.
    • Jeffery Hildebrand, No. 206, Houston, $3.6 billion, oil.
    • Tilman Fertitta, No. 212, Houston, $3.5 billion, restaurants and casinos.
    • Sid Bass, No. 219, Fort Worth, $3.4 billion, oil and investments.
    • John Arnold, No. 226 (tie), Houston, $3.3 billion, hedge funds.
    • Mark Cuban, No. 226 (tie), Dallas, $3.3 billion, online media.
    • Robert Smith, Austin, No. 226 (tie), $3.3 billion, private equity.
    • John Paul DeJoria, No. 248, Austin, $3.1 billion, hair care products and tequila.
    • Gerald Ford, No. 278, Dallas, $2.9 billion, banking.
    • Ray Davis, No. 288, Dallas, $2.8 billion, pipelines.
    • Lee Bass, No. 315 (tie), Fort Worth, $2.6 billion, oil and investments.
    • David Bonderman, No. 315 (tie), Fort Worth, $2.6 billion, private equity.
    • Edward Bass, No. 324 (tie), Fort Worth, $2.5 billion, oil and investments.
    • Bert “Tito” Beveridge, No. 324 (tie), Austin, $2.5 billion, vodka.
    • George Bishop, No. 324 (tie), The Woodlands (Houston), $2.5 billion, oil.
    • W. Herbert Hunt, No. 374 (tie), Dallas, $2.1 billion, oil.
    • Drayton McLane Jr., No. 374 (tie), Temple, $2.1 billion, Walmart and logistics.
    • Ross Perot Jr., 374 (tie), Dallas, $2.1 billion.
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    career hotspot

    Dallas excels as one of America's best cities to start a career

    Amber Heckler
    May 15, 2026 | 11:50 am
    Dallas skyline
    TREC Dallas/Facebook
    Dallas is the second-best Texas city to start a career.

    College graduates staying in Dallas are in the right place, according to a new WalletHub study. Dallas has made the top-15 on a new list of the best places in America for starting a career.

    Dallas ranked 12th out of 182 U.S. cities based on its quality of life and vast opportunities for new college graduates transitioning into the workforce. The study compared each city based on 25 relevant metrics, like the availability of entry-level jobs, each city's annual job growth rate, workforce diversity, median annual income, housing affordability, and others.

    Atlanta, Orlando, and Austin respectively comprised the top three best places to start a career.

    Dallas ranked No. 11 nationwide for its professional opportunities for new college graduates, and appeared 69th overall for its quality of life. Whether its starting a new business or entering a high-earning job field, Dallas has many more opportunities than the vast majority of other cities on the list.

    "The best cities for starting a career not only have a lot of job opportunities but also provide substantial income growth potential and satisfying work conditions," said WalletHub analyst Chip Lupo. "It’s also important to consider factors such as how fun a city is to live in or how good of a place it is for raising a family, to ensure life satisfaction outside of your career."

    Three more North Texas cities made it into the top 100 best U.S. cities for early career professionals include Plano (No. 32), Irving (No. 42), and Fort Worth (No. 64).

    Other Texas hotspots for early career professionals
    Austin boasts the best quality of life out of all 182 cities in the report, and the 10th best professional opportunities. The state capital also outperformed all other U.S. cities with the highest monthly average starting salaries for early career workers after being adjusted for the city's cost of living. Austin also offers the 15th highest number of entry level jobs per capita, the report said.

    "In addition, Austin’s median annual household income is the 10th-highest in the nation, providing strong earning potential for those starting a career or a business," the report said. "Austin is also the sixth best city for singles, offering a vibrant social scene alongside strong career opportunities for young professionals."

    Elsewhere in Texas, Houston ranked 51st on the list, Amarillo ranked 73rd, and San Antonio was No. 85.

    The top 10 best cities for starting a career are:

    • No. 1 – Atlanta, Georgia
    • No. 2 – Orlando, Florida
    • No. 3 – Austin, Texas
    • No. 4 – Tampa, Florida
    • No. 5 – Miami, Florida
    • No. 6 – Charleston, South Carolina
    • No. 7 – Pittsburgh
    • No. 8 – Knoxville, Tennessee
    • No. 9 – Salt Lake City, Utah
    • No. 10 – Columbia, South Carolina
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