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    world's richest

    18 wealthy Houstonians land on 2025 Forbes list of world's billionaires

    Amber Heckler
    Apr 2, 2025 | 10:02 am
    Tilman Fertitta Shut Up and Listen book laughing

    Tilman Fertitta's net worth is estimated at $11.3 billion in 2025, according to Forbes.

    Photo by J. Thomas Ford

    The world’s richest people are wealthier now than they've ever been, and more billionaires have made it onto the 2025 World's Billionaires List than ever before, according to Forbes. This year, 18 Houston-based billionaires are among the richest people in the world, with hospitality honcho Tilman Fertitta leading as the richest Houstonian.

    Fertitta, 67, ranked No. 220 overall with an estimated net worth of $11.3 billion, which steadily increased from his 2024 net worth of $9.4 billion.

    In addition to owning the Houston Rockets, this busy billionaire owns Texas-based hospitality and entertainment corporation Landry's, and he authored a book about business leadership in 2019. He most recently was nominated as the new United States ambassador to Italy by President Donald Trump.

    Ranking 248th overall is oil and gas chairman Richard Kinder. Forbes estimates his net worth at $10.6 billion, up from $8.1 billion in 2024.

    Kinder cofounded pipeline giant Kinder Morgan in 1997, and stepped down as CEO in 2015, though he still retains his seat as chairman of the board. The company is the largest energy infrastructure firm in the U.S., Forbes says, and it owns 79,000 miles of pipeline.

    New to the 2025 list is Perry Homes executive chair Kathy Britton, whose company has built over 65,000 homes across the U.S., according to Forbes. Her late father, Bob Perry, founded Perry Homes in 1967. Britton ranked No. 1408 with an estimated net worth of $2.6 billion.

    Mercedes-Benz mega-dealer Joe Agresti is another newbie to the list, ranking No. 2790 with a net worth of $1.1 billion. He owns Dream Motor Group with former football coach Nick Saban.

    14 additional Houston-area billionaires that made Forbes 2025 world’s richest list include:

    • Houston pipeline heir Randa Duncan Williams: ranked No. 307 with an estimated net worth of $9.3 billion, up from $7.7 billion in 2024. Fellow pipeline heirs Dannine Avara and Milane Frantz tie for 311th nationally. Each has an estimated net worth of $9.2 billion, up from $7.6 billion. Scott Duncan ranks No. 329 with a $9 billion estimated net worth, up from $7.6 billion in 2024.
    • Houston oil tycoon Jeffery Hildebrand: ties for No. 411; $7.7 billion, down from $12.6 billion
    • Toyota mega-dealer Dan Friedkin: ties for No. 411; $7.7 billion, up from $6.4 billion
    • Houston Texans owner Janice McNair and family: No. 561, $6.2 billion, up from $5.6 billion
    • Energy exploration chief exec George Bishop: No. 717, $5 billion, up from $3.2 billion (based in The Woodlands)
    • Westlake Corporation co-owners Albert Chao, James Chao and their families: tied for No. 902, $4 billion, down from $4.9 billion
    • Hedge fund honcho John Arnold: No. 1266, $2.9 billion, down from $3.3 billion
    • Houston Astros owner Jim Crane: No. 1513, $2.4 billion, unchanged from 2024
    • Former Houston Rockets owner Leslie Alexander: tied for No. 1850, $1.9 billion, unchanged from 2024
    • Frontier Airlines chairman William Franke: No. 2623, $1.2 billion, down from $1.3 billion

    Elsewhere in Texas, Austin billionaire Elon Musk topped Forbes' list as the world's richest person in 2025. The Tesla and SpaceX founder knocked French luxury goods magnate Bernard Arnault down to second place this year.

    Forbes declared Musk the first person to reach the $300 billion status. His current net worth stands at $342 billion, which is a staggering $147 billion more than his 2024 net worth.

    "It’s another record-breaking year for the world’s richest people, despite financial uncertainty for many and geopolitical tensions on the rise," said Forbes senior editor of wealth Chase Peterson-Withorn. "And, from Elon Musk to Howard Lutnick and the other billionaires taking over the U.S. government, they’re growing more and more powerful."

    In Dallas-Fort Worth, Walmart heiress Alice Walton became the wealthiest woman in the world in 2025. Forbes declared Walton's net worth at $101 billion, which is $28.7 billion more than her 2024 net worth of $72.3 billion. She is now one of 15 individuals to claim 12-figure fortunes, also known as the "$100 Billion Club."

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    hottest headlines of 2025

    The 10 hottest CultureMap headlines that had Houston talking in 2025

    Eric Sandler
    Dec 31, 2025 | 10:00 am
    Places-Unique-Rice University-main building-exterior-1
    Photo courtesy of Rice University
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    Editor’s note: The time has come to look back the most-read CultureMap articles of 2025. As always, Houstonians take a lot of pride in seeing our city’s institutions and personalities shine on the world stage, so it’s no surprise that readers responded to news about Rice being ranked among the best universities in the world and Sugar Land nearly topping a list of the best places to live in America. Restaurant news remains at the core of our coverage, which is reflected in six of this year’s top 10. Elsewhere, we celebrated Houston companies that are great places to work and embraced our city’s richest billionaire.

    Places-Unique-Rice University-main building-exterior-1
    Photo courtesy of Rice University
    Rice University is one of the best in the world.

    Read on for the 10 most popular stories of 2025.

    1. 2 Houston universities named among world’s best in 2026 rankings. QS (Quacquarelli Symonds), a London-based provider of higher education data and analytics, compiled its World University Rankings 2026 by using factors such as academic reputation; employer reputation; faculty-student ratio; faculty research; and international research, students, and faculty. Rice, ranked No. 2 in Texas, moved up more than 20 places, and the University of Houston climbed about 100 to No. 556 globally.

    2. Houston chef breaks his silence on sudden exit from Woodlands restaurant. Chef Austin Simmons spoke to CultureMap exclusively about his decision to resign from his role as executive chef and partner of Tris, a fine dining steakhouse in The Woodlands. Since then, Simmons has devoted his attention to Chef & Rancher, his cattle business, and burger pop-ups. He’ll open a new restaurant, Charlois by Chef Austin Simmons, in the spring.

    3. Totally sweet Houston suburb triumphs as No. 3 best place to live in U.S. Livability.com ranked Sugar Land No. 3 on its list of "the 100 Best Places to Live in 2025." Limited to cities with populations between 75,000 and 500,000, the study considered criteria such as average rent and home prices relative to income. Across the eight main categories, Sugar Land ranked the highest for its health (89), housing and cost of living (88), and economy (85).

    4. Pioneering Houston Mexican restaurant will shutter after 44 years. Citing an overall downturn in business and more personal factors, chef-owner Armando Richards said he would close his restaurant Picos this fall. However, a surge in demand has delayed the closure until early 2026. That means Houstonians have a little time left to get signature items such as chilorio, duck with mole, and tamales.

    5. 11 Houston companies named best places to work by U.S. News. The annual "U.S. News Best Companies to Work For" report examines thousands of publicly-traded companies around the world to determine the best employers based on six metrics. Chevron, American Bureau of Shipping, Calpine, Hines, and others represented Houston on the list.

    6. Houston restaurant served Beyoncé a Southern feast for her first meal in H-Town. When Beyoncé Knowles-Carter returned to Houston for two sold-out shows at NRG Stadium, she and her family turned to downtown restaurant Taste Kitchen + Bar for a Southern feast. The epic spread included jerk lamb chops with deep-fried lobster, smothered chicken with collard greens, and the restaurant’s signature chicken and waffles. Later that weekend, Taste chef-owner Don Bowie shared a photo with Jay-Z.

    7. Shaquille O'Neal leaves $1,000 tip at Houston Tex-Mex institution. The NBA Hall-of-Famer, media personality, and restaurateur dined at Ninfa’s Uptown in July. Sitting in the main dining room, he posed for pictures with both fans and the restaurant’s staff. After dining on crispy tacos, he left his server a very generous tip.

    8. James Harden's Houston restaurant locked out over $2.2 million in unpaid rent. The former Houston Rocket’s tenure as a restaurant owner came to an abrupt end in September, when the building’s landlord locked out Thirteen for non-payment of rent. Harden opened Thirteen in 2021, shortly after he left the Rockets for the Brooklyn Nets. In July, he signed a two-year, $81.5 million contract with the Los Angeles Clippers.

    9. Award-winning Houston steakhouse will close after only 2 years. Although it has achieved success and spots in the Michelin Guide with both Candente and The Pit Room, Sambrooks Hospitality couldn’t find an audience for Andiron, its live fire steakhouse in Montrose. Even after pivoting to a more affordable menu, Andiron wasn’t financially viable. New Orleans restaurateur Malachi DuPre claimed the space for Casa Kenji, a new seafood restaurant that blends Japanese and Latin influences.

    10. Richard Kinder is Houston's richest billionaire in 2025, Forbes says. The Kinder Morgan chairman is the 11th richest Texas resident, and ranks as the 108th richest American. Kinder also dethroned Tilman Fertitta to claim the title as the wealthiest Houstonian. The publication estimates Kinder's net worth at $10.6 billion, up from $8.1 billion in 2024.

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