HOUSTON, Texas -- In the battle of the world's billionaires, a newly minted Texan comes out on top - and nearly a dozen Houstonians fare quite well.
Forbes magazine's new ranking of the world's richest people puts Texas transplant Elon Musk at No. 1, with a net worth of $219 billion. That's up from $151 billion in 2021, $24.6 billion in 2020, $22.3 billion in 2019, and $19.9 billion in 2018. The CEO of Austin-based vehicle manufacturer Tesla and leader of a host of other businesses, Musk was ranked second on Forbes' 2021 list. He sat behind Amazon founder Jeff Bezos, whose net worth in 2021 was pegged at $177 billion. This year, Forbes estimates Bezos' net worth is $171 billion.
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Here in Houston, 11 locals land on the prestigious list. They are:
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