America’s wealthiest billionaires are $1.2 trillion richer in 2025, bringing their collective worth to a staggering $6.6 trillion. And Fort Worth’s own Alice Walton is leading the charge as the wealthiest woman in America, according to the new Forbes 400.

Walmart heiress Walton, 75, simultaneously holds the title as the richest woman in the world in 2025. She’s the 15th wealthiest person in the U.S., and the third richest Texan, Forbes says.

The annual Forbes 400 list is a definitive ranking of the wealthiest Americans, using interviews, financial data, and documentation provided by billionaires and their companies.

The publication estimates Walton’s net worth at $106 billion (up from $89.2 billion last year) and proclaims her as the first female centibillionaire (a person with a 12-digit fortune) in America. Now that’s wealth.

“It’s been a year unlike any we’ve seen in the four decades we’ve tracked America’s billionaire class,” said Forbes senior editor Chase Peterson-Withorn in a press release. “The super-rich at the very top are richer than ever — and between the White House and the booming stock market, they’re as powerful as they’ve ever been.”

Walton is the only daughter of late Walmart founder Sam Walton, though she is currently prioritizing her Crystal Bridges Museum of American Art and the Alice L. Walton School of Medicine in her native Bentonville, Arkansas. Forbes still lists her residence as Fort Worth.

“In July, the heiress welcomed the inaugural class of 48 four-year MD students to her new Alice L. Walton School of Medicine in Bentonville, Arkansas, after spending at least $250 million on the project since 2023,” Forbes said.

Walton has retained her title of America’s richest woman for most of the last decade, having been beaten in the rankings just once, by Julia Koch, the widow of the late philanthropist and businessman David Koch.

Rounding out the list of the top five wealthiest American women for 2025, and their net worth, are No. 2 Julia Koch & family ($81.2 billion); No. 3 Jacqueline Mars ($42.2 billion); No. 4 Miriam Adelson & family ($37.9 billion), and No. 5 Abigail Johnson ($35 billion).

Alice Walton, Olivia Walton, Annie Leibovitz, and Awol Erizku, Crystal Bridges Alice Walton (second from left) with Olivia Walton, Annie Leibovitz, and Awol Erizku at a 2023 event at Crystal Bridges Museum of American Art. Photo by Wesley Hitt/Getty Images

Richest Texans
In all, 43 Texas billionaires made it on the 2025 Forbes 400 list, and 19 are based in Dallas-Fort Worth.

The richest person in America in 2025 is none other than Austin-based Elon Musk. Musk, 54, saw his net worth skyrocket to $428 billion this year, or $184 billion more than his 2024 net worth. He claimed the No. 1 spot for the fourth time.

New to the list is biotech billionaire David Dean Halbert of Colleyville. Halbert, 69, earned his billionaire status after his diagnostics firm, Caris Life Sciences, went public on the Nasdaq in June. Forbes estimates his net worth at $4.9 billion.

Here’s how the rest of Dallas-Fort Worth’s billionaires fared on this year’s list:

  • Koch, Inc. stakeholder Elaine Marshall and her family rank No. 32 nationally with an estimated net worth of $28.3 billion. Last year: $24.5 billion.
  • Endeavor Energy Resources chairman Lyndal Stephens Greth and her family rank No. 35 nationwide with an estimated net worth of $27.4 billion. Last year: $32.3 billion.
  • Dallas Cowboys owner Jerry Jones of Dallas sits at No. 50 in the U.S. with an estimated net worth of $19.6 billion. Last year: $15.2 billion.
  • Money manager Ken Fisher of Dallas ranks 86th nationally (for the second consecutive year) with an estimated net worth of $13.2 billion. Last year: $11.2 billion.
  • Banking and real estate mogul Andy Beal of Dallas holds the No. 101 spot nationally. His estimated net worth is $12 billion, unchanged from 2024.
  • Hotel and investment guru Robert Rowling of Dallas ranks 149th nationally with an estimated net worth of $8.8 billion. Last year: $8.6 billion.
  • Gas tycoon Kelcy Warren of Dallas ties for No. 192 nationally with an estimated net worth of $7.5 billion. Last year: $6.7 billion.
  • Oil and real estate titan Ray Lee Hunt and real estate bigwig H. Ross Perot Jr. of Dallas tie for No. 224 nationally with an estimated net worth of $6.5 billion. Last year: $6.9 billion and 4.6 billion, respectively.
  • Oil and investment mogul Robert Bass of Fort Worth ranks 244th nationally with an estimated net worth of $6.1 billion. Last year: $5.9 billion.
  • Media magnate and Cost Plus Drugs cofounder Mark Cuban of Dallas ranks No. 246 nationally with an estimated net worth of $6 billion. Last year: $5.7 billion.
  • Margot Birmingham Perot of Dallas, widow of tech and real estate entrepreneur H. Ross Perot Sr., and private equity firm cofounder Carl Thoma tie for No. 264 nationally with an estimated net worth of $5.7 billion. Last year: $5.3 billion and $4.4 billion, respectively.
  • Oil and gas honcho Trevor Rees-Jones of Dallas ties for 255th nationally with an estimated net worth of $5.9 billion. Last year: $5.1 billion.
  • Airplane leasing industry founder Steven Udvar-Hazy of Westlake ranks No. 339 nationally with an estimated net worth of $4.5 billion. Last year: $4.4 billion.
  • Oil heir Sid Bass of Fort Worth and oil and gas magnate Ray Davis of Dallas tie for No. 389 nationally with an estimated net worth of $3.8 billion. Last year: $3.7 billion and $3.5 billion, respectively.

Missing from the 2025 list is David Bonderman of Fort Worth, who died in December 2024. Bonderman, 82, was a founding partner of private equity firm TPG, was a board member of The Wilderness Society, and had a net worth of $6.4 billion.