ARIZONA NEWS

Here are Arizona’s 10 richest people in 2022, according to Forbes

Apr 6, 2022, 12:00 PM

PHOENIX — Arizona once again had double-digit representatives in Forbes’ annual list of world billionaires, which was released Tuesday.

Used car dealer Ernest Garcia II was the Grand Canyon State’s richest person for the second consecutive year, even as his net worth dropped by about 45%.

In total, Arizona had 10 individuals make the list of 2,668 billionaires.

Their combined net worth was $36.3 billion, down from $44.6 billion in 2021.

Tesla’s Elon Musk jumped into the top spot with a fortune of $219 billion.

Musk dethroned Amazon’s Jeff Bezos, who had held the title of world’s richest person for the previous four years.

The nearly 2,700 billionaires combined were worth $12.7 trillion, $400 billion less than in 2021.

Click through the slideshow above to see the list of Arizona billionaires for 2022.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Arizona congressional races...

KTAR.com

Arizona’s 9 congressional seats are up for grabs; who is winning each race?

One Arizona congressional race remained highly competitive as of Thursday night, while the state's eight other U.S. House contests were pretty much settled.

2 hours ago

A Peoria man was arrested for child abuse and the first-degree for murder of his two-year old stepc...

KTAR.com

Peoria man charged with first-degree murder of 2-year-old child

A Peoria man is facing a murder charge for the death of his 2-year old stepchild, authorities announced Tuesday.

3 hours ago

The five Maricopa County Board of Supervisors seats were up for grabs during the 2024 election....

KTAR.com

2 Maricopa County supervisor races remain tight, other 3 are blowouts

Two Maricopa County Board of Supervisors races remain too close to call, while the three other contests are blowouts.

4 hours ago

Donald Trump is leading Kamala Harris in Arizona's presidential race....

KTAR.com

Donald Trump closing in on victory over Kamala Harris in race for president in Arizona

Donald Trump moved closer to clinching a victory over Kamala Harris in the race for Arizona's 11 presidential electors on Friday morning.

5 hours ago

Kari Lake has been gaining ground on Ruben Gallego since Election Day in Arizona's Senate race....

KTAR.com

Republican Kari Lake pulls closer to Democrat Ruben Gallego in Arizona Senate race

Republican Kari Lake took another bite out of Democratic U.S. Rep. Ruben Gallego's lead in the race for Arizona's open U.S. Senate seat on Friday morning.

5 hours ago

David Schweikert and Amish Shah...

KTAR.com

Incumbent David Schweikert leads Amish Shah in Arizona CD1 race

Republican Rep. David Schweikert held a lead over Democrat Amish Shah in the race for Arizona Congressional District 1 as of Friday morning.

5 hours ago

Sponsored Articles

...

DISC Desert Institute for Spine Care

The best methods to make your back pain disappear for good

Are you struggling with back pain that will not go away?

...

Day & Night Air Conditioning, Heating and Plumbing

It wouldn’t hurt to get your AC checked after Arizona’s excruciating heat wave

A well-maintained air conditioning unit is vital to living a comfortable life inside, away from triple-digit heat in Arizona.

...

Dr. Shanyn Lancaster, Family & Sports Medicine physician, Midwestern University Comprehensive Care Clinic – Central Phoenix

Exercise is truly your best medicine

“You never slow down, you never grow old”. – Tom Petty

Here are Arizona’s 10 richest people in 2022, according to Forbes