Everything is bigger in Texas, including bank accounts. Not mine, sadly, but there are plenty of giant bank balances in the Lone Star state. In fact, Texas has the third-largest population of billionaires in America, according to U.S. News & World Report.

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Earlier this month, Forbes released its annual list of the world's richest people. Not only is Elon Musk the wealthiest person in Texas, but also the richest person on earth. He owns SpaceX, Tesla (his new Giga Texas plant in the Austin area just opened), and he is currently in the process of purchasing the social media platform Twitter.

Where Does Elon Musk Live?

In November 2021, Musk sold the last of his seven homes in California. He reportedly has been staying in a luxury Austin mansion owned by a friend.

Musk's 'Boxabl Casita' at the Texas coast is set up like a studio apartment, with a living room/bedroom area, a fully equipped kitchen, and a bathroom with a shower/tub combo. Take a look at this video from Boxabl:

What is Elon Musk's Net Worth?

Investopedia reports that as of April 2022, Musk's net worth has increased by 60% over the last 12 months.

According to Forbes magazine, as of 2022, Musk has a net worth of $219 billion. He has jumped several billion ahead of Amazon founder Jeff Bezos, who has only $177.5 billion to his name. (Not sure how Bezos manages to get by. Maybe he uses lots of coupons!) Bezos owns The Washington Post newspaper and Blue Origin, an aerospace company.

Who Are The 5 Richest People in Texas, Not Counting Elon Musk?

There are more billionaires in America than in any other country, according to Stacker. For some people, the money just keeps pouring in, as Amazon CEO Jeff Bezos is projected to become the world’s first trillionaire by 2026.

However, Bezos is not the world's richest person right now. That title goes to the founder of SpaceX, Tesla, and the new owner of Twitter, Elon Musk. Musk owns a mansion in Austin but says his main home is a $50,000 rental from SpaceX in Boca Chica, Texas.

Forbes lists 63 billionaires in Texas, including Elon Musk. Let's find out who's at the top of the list in the Lone Star State for 2022, right behind Musk.

Get On Forbes' List & This Place Could Be Yours!

This spacious 3 bedroom, 5 bath home in Belton has 5,580 square feet, but the star of the show is the incredible piece of land that comes with it.

The property includes over 300 acres and is listed at $25,000,000. Let's explore the house, pool, and all the great places you can throw a party without leaving your home!