These 5 states are home to America's richest billionaires

Jeff Bezos, who lives in Florida, is the second-richest person in the US, with a net worth of $378 billion.

JULIEN DE ROSA / AFP via Getty Images Forbes published its 2026 list of the top 400 billionaires in the US on Tuesday.

The billionaires have net worths of at least $4.4 billion, and 249 of them live across 5 states.

California has the highest concentration of the billionaires listed.

Some of the richest people on Earth live in the United States.

In fact, the US has the largest share of the world's billionaires, home to nearly one-third of them.

But the bar for reaching the upper echelons of American wealth is higher than ever.

On Tuesday, Forbes released its annual list of America's 400 richest billionaires , and a record $4.4 billion net worth was required to make the cut.

Still, 34 people made the list for the first time this year.

To see where America's wealthiest 1% are concentrated, Business Insider compiled a list of states where most of the Forbes 400 billionaires live, and found 249 live across just five states.

About a third of them reside in California, a state home to the booming tech and AI industries.

Meta CEO Mark Zuckerberg, for example, has a sprawling $37 million compound in Palo Alto, near San Francisco.

Florida, the third-most-popular state for the Forbes 400, has its own collection of extravagant estates.

Jeff Bezos owns a nearly $250 million compound on Miami's Indian Creek Island, nicknamed " Billionaire Bunker ." President Donald Trump, meanwhile, famously has his Mar-a-Lago estate in Palm Beach.