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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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    Pestilence News

    New invasive pest threatens farms and pastures in greater Houston

    Teresa Gubbins
    Dec 12, 2025 | 11:30 am
    Mealyworm
    TAMU
    Mealyworm is small but damaging.

    Texas Agriculture Commissioner Sid Miller has issued an urgent alert to farmers to inspect their pastures for a newly detected and highly damaging pest: the pasture mealybug (Helicococcus summervillei).

    According to a release from the Department of Agriculture (TDA), this invasive species, never before reported in North America, has been confirmed in multiple Texas counties and is already causing significant damage to pasture acreage across the southeast portion of the state.

    The pasture mealybug causes “pasture dieback,” leaving expanding patches of yellowing, weakened, and ultimately dead turf.

    This pest was first detected in Australia in 1928; its first detection in the Western Hemisphere occurred in the Caribbean between 2019 and 2020.

    The TDA is working with Texas A&M AgriLife Extension and USDA’s Animal and Plant Health Inspection Service (APHIS) to coordinate a rapid response and protect Texas producers.

    Mealybug history
    Although the mealybug is just now being spotted, researchers suspect it may have been introduced before 2022.

    Since mid-April 2025, southern Texas pasture and hay producers have been reporting problems in their fields. These fields show grass patches becoming brown or necrotic, or patches that are completely dead. Originally, it was presumed that symptoms were caused by another mealybug called the Rhodes grass mealybug, which has been reported in the U.S. since 1942. However, further investigations confirm that it's this new pasture mealybug (Heliococcus summervillei).

    It has devastated millions of acres of grazing land in Australia and has since spread globally. Its rapid reproduction, hidden soil-level feeding, and broad host range make it a significant threat to pasture health and livestock operations.

    Mealybug MealybugTAMU

    Adult females are approximately 2-5 mm long, covered in a white, waxy coating. They are capable of producing nearly 100 offspring within 24 hours, resulting in several generations per season. While adult females can live for up to 100 days, most damage is inflicted by the youngest nymphs, which feed on plant sap and inject toxic saliva that causes grass to yellow, weaken, and die.

    “This is a completely new pest to our continent, and Texas is once again on the front lines,” Commissioner Miller says. “If the pasture mealybug spreads across Texas grazing lands like it has in eastern Australia, it could cost Texas agriculture dearly in lost productivity and reduced livestock capacity. TDA is working hand-in-hand with federal and university partners to respond swiftly and protect our producers from this unprecedented threat.”

    A problem for Houston
    The estimated impact area currently covers 20 counties, primarily in the Houston area, including: Cameron, Hidalgo, Willacy, Refugio, Calhoun, Victoria, Goliad, Dewitt, Lavaca, Fayette, Jackson, Matagorda, Brazoria, Galveston, Wharton, Colorado, Austin, Washington, Burleson, Brazos, and Robertson. AgriLife entomologists have submitted a formal Pest Incident Worksheet documenting significant damage to pastures and hayfields in Victoria County.

    Research trials are underway to determine the best integrated pest management options. Currently, there is no known effective labeled insecticide for pasture mealybug.

    Affected plants include: Bermudagrass, Bahia grass, Johnsongrass, hay grazer (sorghum–sudangrass), St. Augustine grass, various bluestem species, and other tropical or subtropical grasses. Damage can occur in leaves, stems, and roots.

    Symptoms:


    • Yellowing and discoloration of leaves within a week of infestation
    • Purpling or reddening of foliage
    • Stunted growth and drought stress despite rainfall
    • Poorly developed root systems
    • Dieback starting at leaf tips and progressing downward
    • Premature aging, making plants more vulnerable to pathogens
    How to spot it


    • Scout regularly for mealybugs on grass leaves, stems, soil surface, leaf litter, and under cow patties
    • Focus on unmanaged areas such as fence lines, ungrazed patches, and roadsides
    • Look for fluffy, white, waxy, or “fuzzy” insects on blades and stems
    • If plants appear unhealthy and insects match this description, investigate further

    “Early identification is critical, and we need every producer’s eyes on the ground,” Commissioner Miller added. “We are working diligently with our federal and state partners to determine how to best combat this novel threat and stop it in its tracks.”

    If you observe suspicious symptoms or insects matching the descriptions above, contact TDA at 1-800-TELL-TDA immediately.

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