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    Pandemic be damned

    10 Houston billionaires bank spots on Forbes' 2020 list of richest Americans

    John Egan
    Sep 10, 2020 | 3:45 pm
    Nancy and Rich Kinder at MD Anderson Legends dinner
    Kinder, with wife, Nancy.
    Photo by Michelle Watson/Catchlight Group

    In a booming, opportunity city full of tycoons, which billionaire reigns supreme? That honor goes to Richard Kinder, the pipeline mogul worth $6.2 billion — who is also a familiar name in philanthropic circles as a chief benefactor of Memorial Park. Locals may also recognize his name on the new Museum of Fine Arts, Houston building.

    Kinder, and his wife, Nancy, join an impressive list of Texans on the 2020 edition of the Forbes 400, which ranks the 400 richest Americans and was released September 8. (See their methodology here.) "Pandemic be damned: America’s 400 richest are worth a record $3.2 trillion, up $240 billion from a year ago, aided by a stock market that has defied the virus," Forbes writes.

    Around Houston, the richest-of-the-rich list looks similar to recent years. Here's how local billionaires rank nationally in 2020 and how their wealth has fared:

    Houston:

    • Richard Kinder — $6.2 billion, No. 103. Last year: $7.5 billion.
    • Pipeline heirs Dannine Avara, Scott Duncan, Milane Frantz, and Randa Duncan Williams — $4.8 billion each, No. 139. Last year: $6.3 billion.
    • Houston Rockets owner and restaurant kingpin Tilman Fertitta — $4.1 billion, No. 181. Last year: $4.9 billion.
    • Toyota titan Dan Friedkin of Houston — $4.1 billion, No. 181. Last year: $4 billion.
    • Houston Texans co-founder Janice McNair — $3.9 billion, No. 197. Last year: $4 billion.
    • Houston energy executive Jeffery Hildebrand — $3.6 billion, No. 222. Last year: $3.8 billion.
    • Former hedge fund manager John Arnold — $3.3 billion, No. 249. Last year: $3.3 billion.

    Meanwhile, Walmart heiress Alice Walton of Fort Worth has retained her status as the richest Texan and America’s richest woman in 2020, with a net worth estimated this year at $62.3 billion. That compares with $51.4 billion in 2019.

    Walton moved up from No. 11 last year to No. 10 this year in the Forbes ranking of the richest Americans.

    From 2019 to 2020, Walton’s net worth jumped by $10.9 billion. To give you an idea of how much money that is, the size of the economy in Africa’s Republic of Congo totaled $10.8 billion in 2019. Walton’s entire net worth is slightly more than the size of the Costa Rican economy (nearly $61.8 billion in 2019).

    Here’s the regional breakdown for Texas’ remaining Forbes 400 billionaires.

    Dallas-Fort Worth:

    • Dallas Cowboys owner Jerry Jones — $8.6 billion, No. 56. Last year: $8.6 billion.
    • Dallas banker and real estate investor Andy Beal — $7.6 billion, No. 67. Last year: $9.8 billion.
    • Fort Worth oil and gas heir Robert Bass — $4.8 billion, No. 139. Last year: $4.9 billion.
    • Dallas oil and gas heir Ray Lee Hunt — $4.6 billion, No. 154. Last year: $5.2 billion.
    • Dallas Mavericks owner Mark Cuban — $4.2 billion, No. 177. Last year: $4.1 billion.
    • Margot Birmingham Perot, widow of Dallas tech entrepreneur Ross Perot — $4 billion, No. 186. Last year: $4.2 billion.
    • Fort Worth private equity titan David Bonderman — $4 billion, No. 186. Last year: $3.7 billion.
    • Omni Hotels and Gold’s Gym king Robert Rowling of Dallas — $3.9 billion, No. 197. Last year: $5.5 billion.
    • Oil and gas chief Trevor Rees-Jones of Dallas — $3.5 billion, No. 228. Last year: $3.7 billion.
    • Dallas pipeline executive Kelcy Warren — $2.8 billion, No. 299. Last year: $4.3 billion.
    • Dallas real estate honcho H. Ross Perot Jr. — $2.5 billion, No. 339. Last year: $2.2 billion.
    • Fort Worth oil heir Sid Bass — $2.3 billion, No. 359. Last year: $3.1 billion.
    • Dallas banker Gerald Ford — $2.1 billion, No. 391. Last year: $2.3 billion.

    Austin:

    • Michael Dell, tech magnate — $35.6 billion, No. 18. Last year: $32.3 billion.
    • Robert Smith, private equity entrepreneur — $6.2 billion, No. 125. Last year: $5 billion.
    • Bert “Tito” Beveridge, vodka tycoon — $4.6 billion, No. 154. Last year: $4.2 billion.
    • Thai Lee, tech entrepreneur — $3.1 billion, No. 268. Last year: $3 billion.
    • Joe Liemandt, software entrepreneur — $3 billion, No. 278. Last year: $3 billion.
    • John Paul DeJoria, hair care and tequila mogul — $2.7 billion, No. 319. Last year: $3.1 billion.
    • Jim Breyer, venture capitalist — $2.4 billion, No. 353. Last year: $2.5 billion. (Breyer recently relocated from Silicon Valley to Austin).
    • Brian Sheth, private equity entrepreneur — $2.3 billion, No. 359. Last year: $2.2 billion.

    Of note, in just one year, Dell’s net worth soared by $3.3 billion — more than the entire net worth of fellow Austin billionaire Thai Lee. The chairman and CEO of the Round Rock-based tech company that bears his name is Austin's richest resident.

    Elsewhere in Texas:

    • Walmart heiress Ann Walton Kroenke — $8.4 billion, No. 58. Last year: $7.5 billion.
    • Real estate, sports, and entertainment big shot Stan Kroenke — $8.3 billion, No. 59. Last year: $9.7 billion. (The Kroenkes live on a massive ranch near the North Texas town of Vernon.)
    • Investor and former grocery distributor Drayton McLane Jr. of Temple — $2.8 billion, No. 299. Last year: $2.6 billion. McLane is former owner of the Houston Astros.
    • Hearing-aid mogul Bill Austin of Brownsville — $2.2 billion, No. 378. Last year: $2.4 billion.
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    thankful for h-town

    Houston is one of the best Thanksgiving destinations in 2025

    Amber Heckler
    Nov 12, 2025 | 11:30 am
    Thanksgiving dinner 2025
    Photo by Noah Samuel Franz on Unsplash
    Dallas has the second-best Thanksgiving celebrations and traditions nationwide, WalletHub found.

    Houston has many things to be thankful for this year, including being named one of the best places to go for Thanksgiving, according to a just-released WalletHub study.

    H-Town ranked as the No. 12 best Thanksgiving destination, moving up three spots from its former rank as No. 15 in 2024.

    WalletHub's annual "Best Places to Go for Thanksgiving" ranking compares the 100 largest U.S. cities to discover which have the ultimate Thanksgiving celebrations and traditions, and the best holiday weather, affordability, safety, and accessibility.

    A total of 18 relevant metrics were measured for each city's ranking; factors that were considered include the number of pumpkin patches per capita, the cost of a Thanksgiving dinner, the share of delayed flights around the Thanksgiving holiday, the number of volunteer opportunities per capita, and more.

    The Texas city that rose through the ranks to claim the top spot as the best Thanksgiving destination for 2025 is none other than San Antonio.

    Houston has been on the rise since 2023 when it ranked as the 32nd best U.S. city for celebrating Turkey Day festivities.

    WalletHub says Houston has the 8th best Thanksgiving celebrations and traditions in the nation, which may come as no surprise given the dozens of local restaurants hosting their own Turkey Day feasts this year. Plus, locals can get into the festive spirit with all the holiday events taking place around Houston this winter season.

    Houston additionally earned high marks in the categories for weather (No. 19), affordability (No. 23) and "giving thanks" (No. 34). The city's lowest-ranked category was for safety and accessibility (No. 97).

    Other Turkey Day destinations in Texas
    The North Texas cities of Dallas (No. 4), Irving (No. 6), and Plano (No. 7) also claimed spots among the top-10 best destinations for Thanksgiving this year. Garland (No. 21), Arlington (No. 41), and Fort Worth (No. 50) all ranked among the top 50.

    Other Texas cities that made it in the top 100 best places to go for Thanksgiving in 2025 include Corpus Christi (No. 11), Austin (No. 16), Lubbock (No. 37), Laredo (No. 73), and El Paso (No. 77).

    Laredo and Corpus Christi also earned extra nods for having the cheapest and second-cheapest costs for a Thanksgiving dinner, respectively.

    Best Places to Go for Thanksgiving

    Source: WalletHub
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