| News |

Mazel Tov to Our Local Billionaires!

Keep Dallas Observer Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.

Forbes has just released its latest list of "The World's Billionaires," all 1,125 of 'em -- 42 of whom live in Texas. And it takes all of 29 spots to get to the first local: Fort Worth's Alice Walton, daughter of Sam Walton, who's worth all of $19 billion. Then you gotta drop all the way down to No. 136 on the list before coming across Dallas' most famous hostile-takeoverer Harold Simmons, worth an estimate $6.9 billion -- with his value goin' up and up, says the mag.

Then follows the list of usual suspects: folks with last names like Rowling, Bass, Perot, Hunt, Bonderman, Pickens, Cuban, Beal, Wagner, Jones, Hicks, Troutt and Wyly, among other bold-faced types. At the bottom of the billionaires' barrel, locally, is 85-year-old Elizabeth Ann Hall Reid, at No. 1062. Turns out, being a Hallmark heir makes you worth a mere billion dollars. Wonder what she puts inside her grandkids' birthday cards. --Robert Wilonsky

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.


Join the Observer community and help support independent local journalism in Dallas.


Join the Observer community and help support independent local journalism in Dallas.