From supermarkets and sports teams to oil and real estate, discover the many ways Dallas-Fort Worth’s billionaires built their wealth. 

The U.S. has a record 902 billionaires, and 35 of them call the Dallas-Fort Worth area home. Dallas-Fort Worth’s billionaires have a collective net worth of $283.7 billion. Many of these billionaires inherited substantial wealth and made strategic career choices to further expand their fortunes. Others come from more humble beginnings, such as Fernando De Leon, who secured a job as an English-Spanish translator as a teenager to help support his family after his father passed away. 

We scoured Forbes’ World’s Billionaires List to find all the wealthy individuals currently residing in Dallas-Fort Worth and highlighted both their net worth (according to Forbes) as well as how they made their fortunes. Keep reading to discover how Dallas-Fort Worth’s richest got rich. 

Alice Walton

Alice Walton—named the world’s richest woman in 2025—is also the wealthiest billionaire featured in this roundup. Walton, Walmart founder Sam Walton’s only daughter, is a member of the ultra-elite $100 Billion Club. She’s an heiress to the Walmart fortune but doesn’t serve on the company’s board like her siblings. Instead, she curates art and opened an art museum in her home state of Arkansas in 2011. 

Net worth: $101 billion

Source of wealth: Walmart 

Lyndal Stephens Greth

Lyndal Stephens Greth—the second wealthiest individual in this roundup—made her money in the energy sector. She was chair of the oil and natural gas production company Endeavor Energy Resources. Greth became chair of the company, which was acquired by Diamondback Energy in 2024, after her father, the company’s founder, passed away. 

Net worth: $25.8 billion 

Source of wealth: Oil and gas

Elaine Marshall 

Elaine Marshall owns 16 percent of Koch, Inc., one of the largest privately owned companies in the U.S. Marshall inherited her stake from her husband, E. Pierce Marshall, who passed away in 2006. Koch, Inc. was a major player in the oil and fuel industries but recently announced that it’s shifting focus to its consumer-facing products. 

Net worth: $23.8 billion

Source of wealth: Koch Inc. 

Jerry Jones

Jerry Jones may have gotten his start in the oil industry, but most of his wealth comes from his involvement with the Dallas Cowboys. Jones bought the professional football team in 1989 for $150 million. Today, the Cowboys are valued at about $10 billion. 

Net worth: $16.6 billion

Source of wealth: Dallas Cowboys

Andrew Beal

Andrew Beal bet big on banking, and the move has paid off. Beal is the owner and founder of Beal Financial Corporation, one of the largest private financial institutions in the country. The company has more than $20 billion worth of assets. 

Net worth: $12 billion

Source of wealth: Banks, real estate

Ken Fisher

Ken Fisher found success in finance. Fisher founded Fisher Investments with $250 in 1979. Today, he serves as the executive chairman and co-chief investment officer of the company, overseeing assets exceeding $270 billion.

Net worth: $11.2 billion

Source of wealth: Money management

Robert Rowling

Robert Rowling is proof that it pays to be hospitable. Rowling took the $500 million he got from selling his family’s oil fields and purchased Omni Hotels, which now has about 60 locations throughout the country, including one in Dallas. 

Net worth: $8.5 billion

Source of wealth: Hotels, investments

Kelcy Warren

Kelcy Warren co-founded Energy Transfer, one of the largest energy companies in the United States, with Ray Davis, who is featured later in this post, in 1996. Warren acted as CEO until 2020 and remains executive chairman. 

Net worth: $7.1 billion

Source of wealth: Pipelines

Ray Lee Hunt

Ray Lee Hunt is the son of legendary oil wildcatter H.L. Hunt. He chairs Hunt Consolidated, a holding company for energy and real estate businesses.

Net worth: $6.8 billion 

Source of wealth: Oil, real estate

Mark Cuban

Mark Cuban may be best known for his role on “Shark Tank,” but he also owns a minority stake in the Dallas Mavericks and is the co-founder of Cost Plus Drugs, which aims to lower prescription drug prices. His first major career move took place back in 1999, though, when he sold Broadcast.com to Yahoo for $5.7 billion. 

Net worth: $5.7 billion 

Source of wealth: Online media, Dallas Mavericks 

Margot Birmingham Perot

Margot Birmingham Perot inherited her fortune from her late husband, technology entrepreneur and presidential candidate H. Ross Perot, Sr. Years earlier, she gave her husband $1,000 to launch Electronic Data Systems, which he later sold in 1984 for a net profit of $1.5 billion.

Net worth: $5.3 billion

Source of wealth: Computer services, real estate

Trevor Rees-Jones

Former bankruptcy attorney Trevor Rees-Jones founded Chief Oil & Gas, an oil and natural gas exploration and production company, in 1984. In seven years, Rees-Jones grossed $7 billion on seven different deals. 

Net worth: $5.2 billion

Source of wealth: Oil and gas 

H. Ross Perot, Jr.

Ross Perot, Jr., whose father was mentioned above, is the founder of the real estate development company Hillwood. In 2024, Perot Jr. was named vice chairman of the U.S. Chamber of Congress.

Net worth: $4.6 billion 

Source of wealth: Real estate

Carl Thoma

Carl Thoma owes his success to private equity. He’s the co-founder of private equity investment firm Thoma Bravo. Thoma also co-founded GTCR, another private equity firm, in 1980, and launched Thoma Cressey, yet another private equity firm, in 1998. 

Net worth: $4.4 billion

Source of wealth: Private equity 

Benn Lamm

Benn Lamm, a serial entrepreneur, is best known for co-founding biotech company Colossal, which aims to bring animals such as the woolly mammoth back from extinction. Colossal is valued at $10.2 billion.

Net worth: $3.7 billion

Source of wealth: Biotech

Ray Davis

In 1995, Ray Davis founded Energy Transfer, a natural gas distributor and pipeline company. He served as co-CEO of the company until 2007 and remained on its board until 2022. 

Net worth: $3.6 billion 

Source of wealth: Pipelines 

Sid Bass

Sid Bass inherited a small fortune from his uncle Sid Richardson, an oil tycoon. Since then, he has invested in numerous companies, many of which are in the oil and gas industry, and most notably, the Walt Disney Company. 

Net worth: $3.6 billion 

Source of wealth: Oil, investments 

Stephen Butt

Stephen Butt is the President of Shareholder Relations and Central Market Division at H-E-B, a Texas grocery store chain that has more than 400 locations and does about $42.5 billion in annual revenue.

Net worth: $3.1 billion

Source of wealth: Supermarkets

Fernando De Leon

Fernando De Leon is the founder and CEO of Leon Capital Group. The holding company, which generates about $800 million in revenue, has subsidiaries across 11 different industries, ranging from insurance to dentistry.

Net worth: $2.8 billion 

Source of wealth: Real estate

Gerald Ford

Gerald Ford buys banks—and sells them for a profit. His first notable sale earned him $6 billion in stock when he sold Golden State Bancorp to Citigroup in 2002. Today, Ford has a 20 percent stake in financial services holding company Hilltop Holdings. 

Net worth: $2.7 billion

Source of wealth: Banking

Edward Bass

Like his brother Sid, Edward Bass inherited $2.8 million from his uncle Sid Richardson. Bass and his three brothers sold their oil company to ExxonMobil in 2017 for $5.6 billion in stock. 

Net worth: $2.5 billion

Source of wealth: Oil

Lee Bass

Lee Bass is the brother of Sid and Edward Bass and, just like his siblings, he also inherited $2.8 million from his uncle back in 1959. Oil industry investments turned his inheritance into a multi-billion-dollar fortune. 

Net worth: $2.2 billion

Source of wealth: Oil

Reagan Horton

Reagan Horton is the son of the late Donald Horton, who founded D.R. Horton, one of the country’s largest home construction companies. Reagan Horton inherited a portion of his family’s stake in the business, which generated $36.8 billion in sales during the last fiscal year.

Net worth: $2.1 billion

Source of wealth: Homebuilding 

Ryan Horton

Ryan Horton is the brother of Reagan Horton (mentioned above) and the son of Donald Horton. Like his brother, Horton inherited a share of his family’s stake in D.R. Horton.   

Net worth: $2.1 billion

Source of wealth: Homebuilding 

A. Jayson Adair

Jayson Adair is the co-CEO of Copart, a leader in online vehicle auctions. Adair owns about four percent of Copart’s stock, and the company reported $4.2 billion of revenue in 2024. 

Net worth: $2 billion

Source of wealth: Damaged cars

Todd Wagner

Todd Wagner became a billionaire in 1999 after he and his business partner Mark Cuban, who we highlighted earlier in this post, sold Broadcast.com to Yahoo. Wagner has worked with Cuban on other ventures, including Magnolia Pictures, AXS TV, and the Dallas Mavericks.

Net worth: $1.9 billion 

Source of wealth: Online media

John Goff

John Goff sold Crescent Real Estate to Morgan Stanley in 2007 for $6.5 billion—then he bought it back for a bargain after the financial crisis. His wealth management firm, Goff Capital, invests across multiple industries, including real estate, aerospace, and energy. 

Net worth: $1.9 billion 

Source of wealth: Real estate

Kenny Troutt

Kenny Troutt is the founder of Excel Communications, a long-distance phone company. He took the company public in 1996 and sold it to Teleglobe in 1998 for $3.5 billion. Trout also owns a nearly 3,000-acre thoroughbred horse farm and has won the Kentucky Derby twice. 

Net worth: $1.7 billion

Source of wealth: Telecom

Clark Hunt

Clark Hunt owns about 25 percent of the Kansas City Chiefs, with the remaining 75 percent split between his three siblings. He’s also chairman and CEO of the professional football team, which is worth more than $4.7 billion net of debt. 

Net worth: $1.6 billion

Source of wealth: Kansas City Chiefs

Daniel Hunt

Daniel Hunt, brother of Clark Hunt, is also a part-owner of the Kansas City Chiefs. His father, Lamar Hunt, founded the team and gave control to his children in 2005, about a year before he passed away. 

Net worth: $1.6 billion

Source of wealth: Kansas City Chiefs

Sharron Hunt

Sharron Hunt is the sister of Clark and Daniel Hunt and an owner of the Kansas City Chiefs. Together, the sports-loving siblings also own FC Dallas, a professional soccer team, and have a minority stake in the Chicago Bulls, a professional basketball team. 

Net worth: $1.6 billion

Source of wealth: Kansas City Chiefs

Stephen Winn

Stephen Winn is the founder of RealPage. Winn took the property management software firm public in 2010 and sold it to Thoma Bravo (co-founded by Carl Thoma, mentioned earlier) in 2021. 

Net worth: $1.5 billion

Source of wealth: Real estate services

Darwin Deason

Darwin Deason is a tech entrepreneur and founder of the information technology services company Affiliated Computer Services. In 2010, Deason sold the business to Xerox for $6.4 billion.  

Net worth: $1.3 billion

Source of wealth: Software

Timothy Headington

In 1978, Timothy Headington founded Headington Oil. In 2008, he sold his oilfields in North Dakota to XTO Energy. He has helped fund several major motion pictures, including “Argo,” “World War Z,” and “Hugo,” and owns multiple businesses in downtown Dallas. 

Net worth: $1.2 billion

Source of wealth: Oil and gas, investments

Marty Horton

Marty Horton is the widow of Donald Horton and mother of Reagan and Ryan Horton (all mentioned earlier in this post). She has a stake in the business like both of her sons. 

Net worth: $1 billion

Source of wealth: Homebuilding