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

Apr 6, 2022, 12:00 PM

No. 1: Ernest Garcia II: The DriveTime Automotive founder and Carvana shareholder's net worth dipped from $15.9 billion in 2021 to $8.6 billion, but Garcia retained the title of richest Arizonan and was No. 246 overall. (Getty Images Photo) No. 2: Mark Shoen: The former vice president of U-Haul started by his parents saw his net worth jump from $3.9 billion to $4.7 billion. Shoen also owns a private self-storage company and is No. 601 overall. (Instagram Photo) No. 3: Joe Shoen: U-Haul boss Joe Shoen made his cellphone number public several years ago so customers could call him. He's worth $4.1 billion and No. 709 on the overall list. (Screenshot/U-Haul) No. 4: Arte Moreno: The Valley resident, a former richest person in Arizona, has a net worth of $3.6 billion. The Tucson-born businessman owns Major League Baseball's Los Angeles Angels but made his first fortune in outdoor advertising. He is No. 822 overall on the list. (AP Photo) No. 5: Bob Parsons: The businessman/philanthropist is listed with $3.4 billion. Overall, the founder of internet domain giant GoDaddy is No. 883 overall, according to Forbes. (Twitter Photo) No. 6: Ernest Garcia III: The Carvana founder and son of Ernest Garcia II had the largest drop, seeing his net worth go from $7.4 billion to $3.2 billion. Garcia was No. 951. (Michael Nagle/Bloomberg via Getty Images) No. 7: Stewart Horejsi:  The Berkshire Hathaway investor had an estimated net worth of $2.9 billion, good for No. 1,053. (Screenshot) No. 8: Bennett Dorrance:  A member of the Campbell Soup empire, Dorrance also makes money in real estate. He founded Phoenix-based development company DMB Associates in 1984. Dorrance's net worth is $2.8 billion. He is No. 1,096 overall. (DMB Photo)  No. 9 Peter Sperling:  The son of late University of Phoenix founder John Sperling is listed with $1.6 billion. The ex-chairman of Apollo Education is ranked No. 1,818 overall. (KTAR News Photo/Jim Cross) No. 10: Jerry Moyes:  The man who built Knight-Swift Transportation is worth $1.4 billion. Overall, he's no. 2,076. (Screenshot/Swift Transportation)

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.

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