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There’s a new richest man in Texas, and he’s a California transplant

The new No. 1 toppled Walmart heiress Alice Walton in Forbes’ annual ranking. See the full list of Texans below.

Move over, Alice Walton. Texas has a new No. 1 as its wealthiest resident.

Elon Musk, the electric car entrepreneur and space travel pioneer, officially became the state’s richest person in Forbesannual billionaires list. His highly publicized move to Austin last year from California, along with Tesla’s rising market value, propelled him past the Walmart heiress who perennially tops the Texas list.

Forbes’ 2021 ranking includes a record 2,775 billionaires, with 493 newcomers.

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Newcomers such as Robyn and Mark Jones, the founders of Westlake-based Goosehead Insurance, and Whitney Wolfe Herd, the Southern Methodist University graduate who founded dating app Bumble, joined the ranking in a year in which global economies were slowed by the COVID-19 pandemic.

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The Joneses and Herd are among the 64 Texas billionaires earning spots on the list. Their combined worth totals $460.1 billion.

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Musk accounts for $151 billion of that, followed by Walton at $61.8 billion and Michael Dell at $45.1 billion.

Dallas Cowboys owner Jerry Jones, who surpassed banker Andrew Beal in last year’s ranking, continues to put distance on his rivals as Dallas’ wealthiest resident. He’s one of 28 North Texans scoring spots in this year’s ranking.

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