Richest billionaires in Arizona
Bradley Gordon // Flickr
Richest billionaires in Arizona
The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year’s number by 30%. While the U.S. is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-rich—as a group rather than as individuals—negatively. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world’s first trillionaire by 2026.
The U.S.’s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker compiled a list of the richest billionaires that are residents of Arizona, using data from Forbes. Billionaires are ranked by net worth as of January 3. Forbes lists 11 billionaires in Arizona.
#11. Ken Kendrick
– Net worth: $1.0 billion (#2,464 wealthiest in the world)
– Residence: Paradise Valley, Arizona
– Source of wealth: banking, sports team, Self Made
#10. Jerry Moyes & family
– Net worth: $1.4 billion (#1,924 wealthiest in the world)
– Residence: Tolleson, Arizona
– Source of wealth: transportation, Self Made
#9. Peter Sperling
– Net worth: $1.6 billion (#1,792 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: education
#8. George Kurtz
– Net worth: $1.6 billion (#1,780 wealthiest in the world)
– Residence: Paradise Valley, Arizona
– Source of wealth: security software, Self Made
#7. E. Joe Shoen
– Net worth: $2.1 billion (#1,422 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: U-Haul
#6. Stewart Horejsi & family
– Net worth: $2.7 billion (#1,104 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: Berkshire Hathaway, Self Made
#5. Mark Shoen
– Net worth: $2.9 billion (#1,024 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: U-Haul
#4. Ernest Garcia II
– Net worth: $2.9 billion (#1,011 wealthiest in the world)
– Residence: Tempe, Arizona
– Source of wealth: used cars, Self Made
#3. Bob Parsons
– Net worth: $3.4 billion (#836 wealthiest in the world)
– Residence: Scottsdale, Arizona
– Source of wealth: web hosting, Self Made
#2. Bennett Dorrance
– Net worth: $3.5 billion (#821 wealthiest in the world)
– Residence: Paradise Valley, Arizona
– Source of wealth: Campbell Soup
#1. Arturo Moreno
– Net worth: $4.1 billion (#660 wealthiest in the world)
– Residence: Phoenix, Arizona
– Source of wealth: billboards, Los Angeles Angels, Self Made
