Here are the 12 richest people in Arizona in 2023, according to Forbes
May 26, 2023, 4:25 AM | Updated: May 29, 2023, 1:00 pm
PHOENIX — Arizona once again had double-digit representatives in Forbes’ annual list of world billionaires and this time, a new richest person.
Mat Ishbia, the new owner of the Phoenix Suns and Mercury, topped the list for the Grand Canyon State with a net worth of $5.4 billion.
In total, Arizona had 12 individuals make the list of 2,640 billionaires.
Their combined net worth was $36.3 billion, the same total as the previous year.
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France’s Bernard Arnault and family, which oversees the LVMH empire of 75 fashion and cosmetics brands such as Louis Vuitton and Sephora, jumped into the top spot with a fortune of $211 billion.
The Arnault family dethroned Tesla’s Elon Musk, who had held the title of world’s richest person last year.
The nearly 2,700 billionaires combined were worth $12.2 trillion, $500 billion less than in 2022.
Click through the slideshow above to see the list of Arizona billionaires for 2023.
