Known for its wide-open spaces, low taxes, and elite ranchland, Wyoming is a discreet billionaire haven. Especially around Jackson Hole, ultra-wealthy individuals relocate here for privacy, low regulations, and lifestyle. Wyoming’s richest people come from hedge funds, oil, real estate, and legacy wealth.
Here are the Top 10 Richest People in Wyoming (2025) based on Forbes data, real estate disclosures, and state business filings.
1. John Mars – $40.4 Billion
Source of Wealth: Mars Inc. (Candy, Petcare)
Residence: Jackson, WY
A member of the Mars family, the secretive billionaire owns ranch property in Teton County. His wealth stems from Mars Inc., the conglomerate behind M&M’s, Snickers, and Pedigree pet food.
2. Christy Walton – $11.6 Billion
Source of Wealth: Walmart (Widow of John T. Walton)
Residence: Jackson, WY
Christy Walton inherited her wealth after the death of her husband, John Walton, son of Walmart founder Sam Walton. A notable philanthropist, she supports sustainable housing and local Wyoming charities.
3. Foster Friess (Estate) – $4.3 Billion
Source of Wealth: Mutual Funds, Political Donations
Residence: Jackson, WY (legacy)
The late Foster Friess made his fortune in mutual funds. His estate still holds ranchland and investments in Wyoming-based conservative organizations and Christian nonprofits.
4. Hansjörg Wyss – $4.1 Billion
Source of Wealth: Medical Devices (Synthes)
Residence: Wilson, WY
A Swiss-born billionaire, Wyss made his fortune in biomedical engineering and has become one of the largest private land conservation donors in the U.S. Much of his work is centered around Wyoming’s open spaces.
5. Joe Ricketts – $2.7 Billion
Source of Wealth: TD Ameritrade
Residence: Bondurant, WY (seasonal)
Founder of TD Ameritrade, Ricketts owns extensive land in Sublette County, where he’s developed sustainable ranching and wildlife conservation programs.
6. Bruce Nordstrom (Family Assets) – $2.1 Billion
Source of Wealth: Retail (Nordstrom)
Residence: Jackson Hole, WY (partial)
Though officially based in Washington, Bruce Nordstrom holds significant ranch and real estate assets in Jackson Hole, using them for philanthropy and family retreats.
7. Kelcy Warren – $1.9 Billion
Source of Wealth: Oil & Gas (Energy Transfer Partners)
Residence: Teton Village, WY
Texas oil baron Kelcy Warren owns luxury estates in Teton Village and uses Wyoming as a base for tax strategy and outdoor recreation. He is known for supporting wildlife habitat projects.
8. Gail Miller (Family Holdings) – $1.5 Billion
Source of Wealth: Auto Dealerships, Utah Jazz (sold stake)
Residence: Star Valley, WY
Widow of Larry H. Miller, Gail Miller has quietly acquired Wyoming ranch property and is involved in youth and community health philanthropy, especially near Star Valley.
9. Peter Buck (Estate) – $1.4 Billion
Source of Wealth: Subway (Co-founder)
Residence: Jackson, WY (legacy)
Though Peter Buck passed in 2021, his estate holds real estate and philanthropic funds tied to Wyoming. The Subway sandwich fortune is now managed by trusts supporting education and conservation.
10. Dick Cheney (Assets & Influence) – $1.1 Billion (family assets)
Source of Wealth: Government, Defense, Energy Consulting
Residence: Jackson Hole, WY
The former Vice President maintains extensive political and private investments in Wyoming. His family, including Liz Cheney, owns valuable land and is involved in energy policy and legal consulting.
Summary Table
| Rank | Name | Net Worth (2025) | Source of Wealth | Residence |
|---|---|---|---|---|
| 1 | John Mars | $40.4B | Mars Inc. | Jackson |
| 2 | Christy Walton | $11.6B | Walmart | Jackson |
| 3 | Foster Friess (Estate) | $4.3B | Investments | Jackson (legacy) |
| 4 | Hansjörg Wyss | $4.1B | Medical Devices | Wilson |
| 5 | Joe Ricketts | $2.7B | TD Ameritrade | Bondurant |
| 6 | Bruce Nordstrom | $2.1B | Retail | Jackson Hole |
| 7 | Kelcy Warren | $1.9B | Oil & Gas | Teton Village |
| 8 | Gail Miller | $1.5B | Automotive, Sports | Star Valley |
| 9 | Peter Buck (Estate) | $1.4B | Subway | Jackson |
| 10 | Dick Cheney (Family) | $1.1B | Politics, Energy | Jackson Hole |
Final Thoughts
Wyoming’s richest residents combine legacy retail and political wealth with strategic investments in land, energy, and conservation. With its favorable tax structure, stunning scenery, and privacy, the state continues to attract billionaires seeking seclusion and influence.
