James Stephens has since inherited a portion of the company since the death of his father in 2005. James and his siblings Elton, Jane, and Dell are heirs to the family fortune with an estimated net worth of $4 billion making them the richest family in the state of Alabama.
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Who is the wealthiest family in Alabama?
Alabama: Jimmy Rane
Known colloquially as the Yella Fella, Jimmy Rane is a lumber magnate who built his fortune from his family’s small plant into billion-dollar behemoth Great Southern Wood Preserving. As the wealthiest person in Alabama, Rane keeps his money close to home.
How many billionaires are in Alabama?
Table
| Rank by Number of Billionaires (9/15/20) | State or Federal District | Billionaires/ State’s 10M pop. (7/19 Census) (9/15/20) |
|---|---|---|
| 45 | Alabama | 0.00 |
| 45 | Delaware | 0.00 |
| 52 | * Unknown State(s) | —- |
| 53 | Total United States | 19.56 |
Who is the richest billionaire in Alabama?
Jimmy Rane
Reviewing real-time net worth estimates from Forbes, 24/7 Wall St. reviewed the wealthiest person in every state. Lumber magnate Jimmy Rane, who advertises his company Great Southern Wood Preserving by posing as his alter ego Yella Fella, recently took over as Alabama’s wealthiest person.
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.
What is the wealthiest city in 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.
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 |
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.
Who is the wealthiest black person in America?
- Aliko Dangote $13.5 billion.
- Mike Adenuga $9.1 billion.
- Robert Smith $5 billion.
- David Steward $4 billion.
- Abdul Samad Rabiu $3.2 billion.
- Kanye West $3.1 billion.
- Oprah Winfrey $2.7 billion.
- Strive Masiyiwa $2.4 billion.
Who is the richest person in Florence Alabama?
Alabama’s richest resident is Jimmy Rane, the founder and CEO of Great Southern Wood Preserving, who is worth $900 million, according to Forbes. Rane is one of the few people to make the list who is not a billionaire.
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 kid in America?
According to the US Sun, Blue Ivy Carter tops the list of the richest kids in America. The daughter of Shawn “Jay Z” Carter and Beyoncé Knowles-Carter has an estimated net worth of $500 million.
Who is the poorest person in the world?
Meet Jerome Kerviel, the poorest person in the world. After engaging in $73 billion in illegal agreements, forgeries, and other shady activities, he owes $6.3 billion. As a result, he is the world’s most indebted individual making him the poorest person in the world in terms of money.
What is the wealthiest city in the United States?
1. San Jose-Sunnyvale-Santa Clara, California
- Median household income: $130,865.
- Median home value: $1,116,400.
What state do the most millionaires live in?
American states with highest ratio of millionaire households per capita in 2020
| Characteristic | Ratio of millionaire households per capita |
|---|---|
| California | 8.51% |
| New Hampshire | 8.47% |
| Virginia | 8.31% |
| Alaska | 8.18% |
What is the second largest city in Alabama?
Birmingham
Looking for a list of cities, counties or zips in Alabama?
| Rank | City | Population |
|---|---|---|
| 1 | Huntsville | 215,006 |
| 2 | Birmingham | 200,733 |
| 3 | Montgomery | 200,603 |
| 4 | Mobile | 187,041 |
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.
Does Alabama have rich people?
Alabama is the fastest-growing state of wealthy folks with a net worth of more than a million or more. Recently, the state is becoming an economic zone of the USA because of its business, educational institutions, medical services and tourism. Many people are economically solvent enough too.
What is the wealthiest county in Alabama?
Shelby
Alabama counties ranked by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Shelby | $33,978 |
| 2 | Madison | $29,918 |
| United States | $27,334 | |
| 3 | Jefferson | $26,529 |
What are the poorest counties in Alabama?
“Perry, with 36.6 percent poverty, and Wilcox, with 36.1 percent poverty, seem to be tied for the poorest counties in Alabama. Greene, with 35.5 percent, and Sumter, with 33.1 percent, closely follow. Other Alabama counties with very high poverty rates are Macon, Lowndes, Dallas, Bullock, Conecuh, and Hale.”
Who is the richest families in the world?
- Walton Family—Walmart. Estimated Wealth: $215 billion1.
- Mars Family—Mars. Estimated Wealth: $120 billion1.
- Koch Family—Koch Industries. Estimated Wealth: $109.7 billion1.
- Al Saud—Saudi Royal Family.
- Ambani Family—Reliance Industries.
- Dumas Family—Hermès.
- Wertheimer Family—Chanel.
- Johnson Family—Fidelity Investments.
