canada africa partner reservation Illinois’ Richest Person Revealed by Forbes Magazine – NBC Chicago

Illinois’ Richest Person Revealed by Forbes Magazine – NBC Chicago

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Last week, Forbes Magazine released its annual list of the richest individuals in each state, and Illinois’ title holder tops the rankings for the second consecutive year.

According to Forbes, Chicago’s Lukas Walton is once again the richest person in the state, pushing his net worth to just under $28 billion.

Walton is the grandson of Walmart founder Sam Walton. His father John Walton died in a plane crash in 2005, with Lukas inheriting a third of his fortune, according to Forbes.

Over the past year, Walton’s net worth has increased by 32%, from $21.2 billion to $28 billion.

Lukas Walton works as an investor in several environmental initiatives, including according to the Walton Family Foundation Board of Directors website.

The foundation supports a variety of initiatives, primarily focused on providing educational opportunities to students, protecting the world’s waterways from pollution and advancing the economic interests of Arkansas and the Arkansas-Mississippi Delta, according to its website the foundation.

Walton also operates the Builders Initiative, which invests in nonprofits, businesses and other organizations committed to encouraging sustainable practices in an effort to combat climate change.

Walton was encouraged to study sustainable practices after he was diagnosed with a rare form of cancer at the age of three. His mother credits an “all-natural diet” with helping him recover from the disease, inspiring him to work to protect the natural world. , according to his biography on the Walton Family Foundation website.

His uncle Jim Walton is the richest person in Arkansas, with an estimated fortune of $78.4 billion.

Amazon founder Jeff Bezos is the richest person in Florida, with a net worth of $194 billion. Tesla founder Elon Musk is the richest person in Texas with a fortune of $195 billion, while Bill Gates is now once again the richest person in Washington with a fortune of $128 billion.

Citadel founder Ken Griffin, who held the title of Illinois’ richest person until he moved to Florida in 2023, trails Bezos in the Sunshine State’s rankings after the Amazon founder moved there in recent years.