Who is the richest Arizonan? See who made Forbes’ billionaires list

Nine Arizonans have landed on Forbes’ latest list of the world’s wealthiest people.

Forbes released its annual ranking of global billionaires on March 10, counting a record 3,428 people, which is about 400 more than last year. This year’s billionaire class is worth a combined record $20.1 trillion, up $4 trillion from 2025.

At the top of the list is South African-born businessman Elon Musk, who is once again the richest man in the world, according to the 2026 list. He increased his wealth from 2025 by an estimated $497 billion, roughly doubling his fortune and bringing it to a record $839 billion.

Arizona‘s richest have grown their wealth in a range of fields, from used cars and e-commerce to baseball and stock trading. They live in Phoenix or surrounding cities like Paradise Valley, Scottsdale and Tempe.

Here’s a look at the wealthiest Arizonans, including their net worth and ranking on the Forbes’ 2026 list of the world’s billionaires.

Who is the richest person in the world?

Elon Musk was again named the richest person in the world by Forbes. He has a net worth of $839 billion, given his roles with Tesla, Space X and more.

Who is the richest person in Arizona?

Ernest Garcia II is the richest Arizonan with a net worth of $21.5 billion. He came in at No. 116 on the world list. Garcia is the biggest shareholder — and father of the CEO — of Carvana, the Phoenix-based online platform for selling used cars.

See all the Arizonans who made the list

• No. 116, Ernest Garcia II
• No. 323, Ernest Garcia III: With a net worth of $10.2 billion, the CEO of Carvana lives in Tempe.
• No. 383, Mat Ishbia: With a net worth of $9.1 billion, Ishbia is the CEO and chairman of United Wholesale Mortgage.
• No. 528, George Kurtz: The cofounder and CEO of CrowdStrike, a cybersecurity company, Kurtz has a net worth of $7.3 billion and lives in Paradise Valley.
• No. 852, Arturo Moreno: Moreno has a net worth of $5 billion and is the owner of the Los Angeles Angels baseball team. A Tucson native, he made his fortune from a billboard advertising company, Outdoor Systems, which he sold to Infinity Broadcasting in 1999.
• No. 1,044, Stewart Horejsi & family: Horejsi made his fortune by investing in Berkshire Hathaway and now has a net worth of $4.1 billion. He lives in Phoenix.
• No. 1,044, Bob Parsons: Founder of web hosting platform GoDaddy Bob Parsons stepped down from the board and sold his stake in the company in 2018, according to Forbes. He has a net worth of $4.1 billion and lives in Scottsdale.
• No. 1,108, Mark Shoen: Shoen, whose net worth is $3.9 billion, owns about one-fifth of U-Haul, which his parents founded. He lives in Phoenix.
• No. 1,285, E. Joe Shoen: Joe Shoen is the president and chairman of U-Haul’s parent company, AMERCO, now known as U-Haul Holding Co. He owns around 20% of the company, and his net worth is $3.3 billion.
• No. 1,560, Bennett Dorrance: Bennett Dorrance owns a 15% stake in Campbell Soup and is the grandson of the inventor of condensed soup, John T. Dorrance, according to Forbes. His net worth is $2.7 billion.
• No. 1,913, Jerry Moyes and family: Jerry Moyes is the founder of Swift Transportation. His net worth is $2.2 billion and he lives in Glendale.
• No. 2,274, Rick Smith: The CEO of Axon Enterprises lives in Phoenix and has a net worth of $1.8 billion.
• No. 2,386 Jahm Najafi: Najafi is a private equity investor and part owner of the Phoenix Suns. His net worth is $1.7 billion.
• No. 2,600, George Christ and family: Christ, co-founder of Altair Engineering, has a net worth of $1.5 billion.
• No. 3,017, Ken Kendrick: Kendrick, the largest shareholder of the Arizona Diamondbacks, has a net worth of $1.2 billion.

Reporting by Laura Daniella Sepulveda, Arizona Republic

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