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Houston in Top 100 on Richest List

Houston's richest: Pipeline billionaire on Forbes list is 100th wealthiest man in the world

Clifford Pugh
Mar 2, 2015 | 8:05 pm

Houston's richest man is now among the 100 wealthiest people in the world.

Rich Kinder, the 70-year-old chairman and CEO of Kinder Morgan, jumped 30 spots in the latest Forbes list of the world's billionaires, released Monday, to No. 100 in the exclusive rankings. The magazine estimates that Kinder's net worth increased by $2.5 billion to $12 billion.

Those who are holdovers from last year's list include the four siblings of oilman Dan Duncan, three (Scott Duncan, 32, Milane Franz, 45, and Dannine Avara, 51) of whom are tied at No. 230 on the list with an estimated net worth of $6.2 billion, while sister Randa Williams, 53, is at No. 240 with an estimated net worth of $6.1 billion.

Among others with Houston ties on the list, along with age, source of wealth, ranking and estimated net worth, are:

  • Jeffrey Hildebrand, 55, oil, No. 318, $4.9 billion
  • Dan Friedkin, 50, Toyota dealerships, No. 534, $3.3 billion
  • George Bishop, 78, oil & gas, No. 690, $2.8 billion
  • John Arnold, 40, hedge funds, No. 714, $2.6 billion
  • Tilman Fertitta, 57, restaurants/casinos, No. 737, $2.5 billion
  • Bob McNair, 78, energy/sports, No. 782, $2.4 billion
  • Fayez Sarofim, 86, money management, No. 847, $2.2 billion
  • Joe Jamail, 89, lawsuits, No 1118, $1.7 billion
  • Les Alexander, 71, Houston Rockets, No. 1190, $1.6 billion

Leading the list are computer magnate Bill Gates, with an estimated net worth of $79.2 billion, Mexican financier Carlos Slim Helu, at $77.1 billion, and investor Warren Buffet, at 72.7 billion. Basketball great Michael Jordan cracked the list for the first time, coming in at No. 1,741 with an estimated net worth of $1 billion.

The full list of rankings is available on the Forbes website.

Rich Kinder, pictured with wife Nancy, is the world's 100th richest man, according to Forbes.

28 Nancy and Rich Kinder at the Buffalo Bayou Ball November 2014
Photo by © Katya Horner
Rich Kinder, pictured with wife Nancy, is the world's 100th richest man, according to Forbes.
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money woes

Texas dips on ranking of America's most financially distressed states

Amber Heckler
Jul 16, 2026 | 3:00 pm
Credit card and cash
Photo by Image Source/Getty Images
Texas actually improved in this year's ranking.

After spending an unfortunate year as the No. 1 state with the most people in financial distress, Texas has slightly recovered. But the Lone Star State isn't out of the woods yet: it's still among the five most financially distressed states in America for 2026.

According to WalletHub's 2026 report, Texas sits in the No. 4 spot this year, while Kansas, Louisiana, and Florida moved up to become the top three states with the most financially distressed residents.

The personal finance website's experts compared all 50 states based on residents' average credit scores, the share of people with "accounts in distress" (meaning an account that's in forbearance or has deferred payments), the one-year change in bankruptcy filings from March 2025, and search interest indexes for "debt" and "loans."

Despite improving in the overall ranking, the study found Texas has had the fourth-biggest spike in bankruptcy filings nationally from March 2025 to March 2026. Texas residents also have the 10th worst average credit scores in the country, according to the findings.

This is how Texas ranked across the study's six key dimensions, where No. 1 means "most distressed:"

  • No. 4 – Change in bankruptcy filings from March 2024 to March 2025 rank
  • No. 5 – Average number of accounts in distress rank
  • No. 8 – "Loans" search interest index rank
  • No. 8 – People with accounts in distress rank
  • No. 12 – Credit score rank
  • No. 13 – “Debt” search interest index rank

It feels like inflation and affordability have been top-of-mind for many Americans over recent years, and uncertainty around the national economy also adds another level of distress. That's especially true for Houston residents, which were dubbed the second most financially distressed people in America earlier in 2026.

"Americans have faced significant financial challenges in recent years, as inflation, shifting unemployment levels, public health emergencies, and natural disasters have made it more difficult for many households to stay on top of their bills," the report said.

The top three states that have the least financially distressed residents are Maine (No. 50), Rhode Island (No. 49), and Hawaii (No. 48).

The top 10 most financially distressed states in America for 2026 are:

  • No. 1 – Kansas
  • No. 2 – Lousiana
  • No. 3 – Florida
  • No. 4 – Texas
  • No. 5 – South Carolina
  • No. 6 – Wyoming
  • No. 7 – Georgia
  • No. 8 – California
  • No. 9 – North Carolina
  • No. 10 – Kentucky
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