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Home » United States » Do any billionaires live in Alabama?

Do any billionaires live in Alabama?

December 14, 2021 by Trevor Zboncak

Alabama is a state that has a remarkably high number of rich people who have a net worth over a million or more, but there are very few billionaires.To satisfy your curiosity about who they are, here are the 20 richest people in Alabama for 2019.

Contents

How many billionaires are in Alabama?

Table

Rank by Number of Billionaires (9/15/20) State or Federal District Number Billionaire Residents (9/15/20)
45 Alabama 0
45 Delaware 0
52 * Unknown State(s) 19
53 Total United States 642

Who is the richest person in Alabama 2020?

Alabama’s wealthiest man, Jimmy Rane, has a net worth of $900 million—the state is one of seven that have no billionaires. Rane, aka the “Yella Fella” of Great Southern Wood Preserving, made his fortune by building the modest family business into a billion-dollar company with his brother.

Do rich people live in Alabama?

Mountain Brook, Alabama
The Birmingham suburb of Mountain Brook ranks as the wealthiest town in Alabama and one of only two towns in the state where most households earn six-figure incomes. Further underscoring the area’s overall wealth is the near absence of poverty.

Who is the richest person in Birmingham?

As of May 2018, he was the richest person in the UK, with a net worth of £21.05 billion.
Jim Ratcliffe.

Sir Jim Ratcliffe
Alma mater University of Birmingham (BSc) London Business School (MSc)
Occupation Chairman and CEO, Ineos Owner of OGC Nice

What is the richest part of Alabama?

Mountain Brook
If you want to kick it with Alabama’s wealthiest, there’s only one place to head – Mountain Brook. In terms of median income, Mountain Brook wipes the floor with the competition, with the average household sitting pretty on the mammoth income of $152,355.

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What is Alabama rich?

Alabama ranked eighth on the list for places where you can be considered “rich” if your household income is less than $100,000 a year. Alabama’s wealth threshold is $88,984.

What is the poorest city in Alabama?

With a median household income of $9,286 (compared to $44,758 for the state), Oak Hill is the poorest community in Alabama.

What is the best city in Alabama to live in?

Best Cities to Live in Alabama

Rank City
1 Madison
2 Fairhope
3 Troy
4 Daphne

Who is the richest woman in Alabama?

Marguerite Harbert

Marguerite Harbert
Education Mountain Brook Elementary School Phillips High School
Alma mater Birmingham–Southern College
Occupation Philanthropist
Spouse(s) John M. Harbert

Where do the rich people live in Birmingham AL?

Mountain Brook
Mountain Brook is a charming suburb of Birmingham and is known to be the state’s most affluent place. It’s also one of the wealthiest communities in the United States. Mountain Brook has a population of 20,359 and a per capita income of $73,431.

What is upper class income in Alabama?

Residents need to make at least $28,566 to be included in the middle class, lower bound category in Alabama, while the upper bound category is $85,698. The median household income in Alabama is $42,849, substantially more than the required amount to be on the lower bound sector of the state middle class.

Who is the richest person in the Midlands?

It is Ben Francis‘ first time on the Rich List and he is worth £700 million. The 28-year-old’s fortune has grown by £562 million in the last year. Ben, from Bromsgrove, started out working as a delivery driver at Pizza Hut while attending Aston University in Birmingham studying business management.

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Is Wolverhampton poor?

In the 2015 Indices of Deprivation, Wolverhampton was ranked as the 17th most deprived of England’s 326 local authorities, when ordered by “rank of average score”.

How wealthy is Birmingham?

Birmingham
GDP US$ 121.1 billion (2nd)
– Per capita US$ 31,572
Councillors 120
MPs show List

What is considered a good salary in Alabama?

While ZipRecruiter is seeing salaries as high as $119,049 and as low as $17,945, the majority of salaries within the Average jobs category currently range between $43,330 (25th percentile) to $64,776 (75th percentile) with top earners (90th percentile) making $78,782 annually in Alabama.

What is the blackest city in Alabama?

List

County State Black alone %
Jackson Mississippi 78.86%
Detroit Michigan 77.69%
Birmingham Alabama 68.40%
Miami Gardens Florida 63.50%

Where is the Black Belt of Alabama?

The Black Belt is a fertile plain, generally 25–30 miles (40–50 km) wide and stretching approximately 300 miles (480 km) across central Alabama and northeastern Mississippi. A region of dark, calcareous soils, it was one of the South’s most important agricultural areas before the American Civil War.

What is the whitest county in Alabama?

Lowndes County
Lowndes County, Alabama

Lowndes County
Country United States
State Alabama
Founded January 20, 1830
Named for William Lowndes

How much money do you need to live comfortably in Alabama?

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 1 Child
Required annual income after taxes $23,222 $44,567
Annual taxes $5,430 $10,420
Required annual income before taxes $28,652 $54,987

Is Alabama a poor state?

Alabama is the fifth poorest state in the U.S., and 16.8% of Alabamians live below the federal poverty threshold – a noticeably larger percentage than the national average of 13.1%.

Filed Under: United States

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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