Minnesota's Richest Residents and Their Net Worth
The latest Forbes real-time billionaires list shows Minnesota's wealthiest individuals tied to major companies and industries. Forbes tracks their estimated net worth based on public holdings and private company valuations. These rankings reflect the most recent available public data from Forbes and other verified sources.
Minnesota's top fortunes come from diversified industrial, retail, and technology businesses. Many of these individuals built their wealth through family-founded companies or long-term leadership roles. Their rankings shift with stock prices, private valuations, and new asset disclosures.
Key Billionaires and Their Companies
Marc Lore, the co-founder of Marc Lore, ranks among the state's wealthiest residents thanks to his ventures in e-commerce and fintech. Forbes lists his estimated net worth based on stakes in companies like Wonder Group and previous exits such as Jet.com.
Other prominent Minnesotans include heirs and executives linked to large private and public firms. Some built their fortunes in retail, others in industrial conglomerates or real estate. Forbes updates their profiles as public filings and company valuations change.
How Minnesota's Wealthy Compare Nationally
Minnesota's richest residents appear on the national billionaires ranking alongside figures from New York, California, and Texas. Their combined net worth places the state among the top contributors to the U.S. billionaire population. Forbes and other trackers use stock prices, private valuations, and public disclosures to compile these figures.
The state's wealth concentration reflects a mix of legacy family offices, founder-led businesses, and strategic investments. Some billionaires focus on industrial manufacturing, while others lead retail or technology platforms. SEC filings and public company disclosures provide much of the underlying data used for these rankings.