How Many Billionaires in Idaho Right Now
As of the latest Forbes real-time list, Idaho has a small but growing number of billionaires, with most concentrated in the Boise metropolitan area and a few in rural parts of the state. The exact count fluctuates with market movements, but the state consistently ranks among the lower-tier states by billionaire population, reflecting its smaller population and more localized wealth base.
The Forbes Billionaires List remains the most widely cited public source for tracking individual net worth and state-level billionaire counts, and it shows that Idaho’s billionaire cohort is dominated by self-made entrepreneurs in technology, agriculture, and outdoor recreation industries.
Who Are the Billionaires in Idaho
The most prominent Idaho billionaire is the founder of a major electric vehicle and space company, whose fortune is tied to publicly traded shares and whose influence extends across multiple high-tech sectors. Other Idaho billionaires include heirs and founders of companies in food processing, real estate, and technology services, with many maintaining operational ties to Boise and surrounding areas.
Key Billionaires and Their Industries
The largest individual net worth in Idaho is concentrated in a single founder whose company operates in electric vehicles, renewable energy, and space transportation, with major facilities and operations outside the state but a personal residence in Idaho. Other notable fortunes include founders and executives of food and beverage companies, as well as owners of large private firms in technology and hospitality, all of whom appear on the Forbes real-time tracker.
How Idaho’s Billionaire Count Compares Nationally
Idaho ranks well below major wealth hubs like California, New York, and Texas in total billionaire count, but it has seen a modest increase in recent years as new tech and food-sector entrepreneurs build large fortunes and relocate to the state for its quality of life and tax environment.
State Ranking and Growth Trends
In state-level billionaire rankings, Idaho typically sits in the middle-to-lower tier, with a count that has grown from single digits to a small double-digit figure over the past decade, driven by founders in technology, food production, and outdoor recreation. The state’s relatively low cost of living in many areas and its business-friendly policies have attracted entrepreneurs who later join the billionaire ranks, though Idaho still has far fewer billionaires than coastal states with larger populations and deeper venture capital ecosystems.
Sources and Data References
The billionaire count and net worth figures cited here are based on the Forbes real-time billionaires list, which is updated frequently and draws on public filings and market data, and additional details on individual fortunes can be found on the Forbes profiles page for specific individuals and companies.
For broader context on how state-level wealth is tracked and reported, the Forbes methodology page explains the data sources and estimation techniques used to compile the list, while the SEC EDGAR system provides official filings for publicly traded companies linked to many of these fortunes.