Around the globe there are a total of 2,781 billionaires, according to Forbes -- and one Texas city ranks as having some of the most living in it.

In just the United States, there are 756 billionaires living in 42 of the 50 states. Broken down to only billionaires in Texas, the total would be 73 according to World Population Review. 

I can't even imagine being a billionaire, let alone a millionaire. I've always been a strong proponent of 'money can't buy happiness.' But at the same time, I'll admit it's probably nice to be able to buy whatever you want -- like a new wardrobe or books in my case. However, I can only imagine that many of these people are probably working A LOT. Especially if self-made.

So really, there are probably numerous pros and cons to having a butt load of money.

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Where are all the millionaires and billionaires in Texas?

Back to the topic at hand -- what Texas city is home to the most wealthy individuals?

That would be Houston with 20 billionaires in residence, according to Visual Capitalist. And on top of that, the city is also home to 98,500 millionaires... Yeah, wow.

I won't lie and say I wasn't a little surprised to learn this. Of all Texas cities, I initially pegged Austin as having the most millionaires and billionaires. But that may be because of Elon Musk's presence in the city, who is currently the richest in the world. 

How does Houston rank overall?

As for ranking overall, Houston comes in at #15 for the city with the most wealthy people in the world. When only compared to the US, Houston ranks at #5 (the bottom of the list).

If you're curious, here are the other U.S. states with tons of people with lots of money:

  1. New York City (#1 globally): 58 billionaires; 340,000 millionaires
  2. California - The Bay Area: 63 billionaires; 285,000 millionaires
  3. California - Los Angeles: 42 billionaires; 205,400 millionaires
  4. Chicago: 24 billionaires; 124,000 millionaires
  5. Houston: 20 billionaires; 98,500 millionaires

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