{"id":65209,"date":"2019-03-06T18:12:09","date_gmt":"2019-03-07T02:12:09","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=65209"},"modified":"2020-10-06T17:08:01","modified_gmt":"2020-10-07T00:08:01","slug":"which-billionaire-could-buy-your-city","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/which-billionaire-could-buy-your-city\/","title":{"rendered":"Kylie Jenner Could Buy an Entire Community in Maui\u2014See Which Billionaire Could Buy Your City"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">Just how much money do the billionaires on Forbes\u2019 latest list have? To put it into context, we created a list of billionaires who could afford to buy every home in certain cities. <\/span><\/i><br \/>\n<span style=\"font-weight: 400;\">Jeff Bezos, who took the top spot on this year\u2019s <\/span><a href=\"https:\/\/www.forbes.com\/billionaires\/#4b90984c251c\"><span style=\"font-weight: 400;\">Forbes list of billionaires<\/span><\/a><span style=\"font-weight: 400;\">, couldn\u2019t afford to buy every home in Amazon\u2019s hometown of <\/span><a href=\"https:\/\/redfin.com\/city\/16163\/WA\/Seattle\"><span style=\"font-weight: 400;\">Seattle<\/span><\/a><span style=\"font-weight: 400;\">. But he could <\/span><i><span style=\"font-weight: 400;\">almost <\/span><\/i><span style=\"font-weight: 400;\">scoop up every home in <\/span><a href=\"https:\/\/redfin.com\/city\/12839\/DC\/Washington-DC\"><span style=\"font-weight: 400;\">Washington, D.C.<\/span><\/a><span style=\"font-weight: 400;\">, near the company\u2019s forthcoming HQ2 in the <\/span><a href=\"https:\/\/redfin.com\/neighborhood\/649\/VA\/Arlington\/Crystal-City-Shops\"><span style=\"font-weight: 400;\">Crystal City<\/span><\/a><span style=\"font-weight: 400;\"> neighborhood of <\/span><a href=\"https:\/\/redfin.com\/city\/21282\/VA\/Arlington\"><span style=\"font-weight: 400;\">Arlington, Virginia<\/span><\/a><span style=\"font-weight: 400;\">, and he\u2019d easily be able to purchase every home in Arlington.<\/span><br \/>\n<span style=\"font-weight: 400;\">That\u2019s according to a Redfin calculation of the aggregate value of all single-family homes, condos and townhouses in U.S. cities with more than 1,000 homes, paired with net worth information from Forbes\u2019 compilation of 2019 billionaires. To calculate the value of all homes in a city, we added up the most recent Redfin estimate for each home.<\/span><br \/>\n<span style=\"font-weight: 400;\">None of the world\u2019s richest people could outright buy Seattle\u2019s approximately 230,000 homes, worth a total of $182.9 billion. <a href=\"https:\/\/www.interest.com\/mortgage\/jeff-bezos-165-beverly-hills-home-by-the-numbers\/\">Bezos<\/a> comes closest, with a net worth of $131 billion\u2014certainly enough to purchase all of them if he took out a few loans. And if he earns an extra half-billion or negotiates some prices down, he could pick up Washington, D.C.\u2019s 200,000 homes, worth a total of $131.5 billion. He could purchase Arlington\u2019s $46.7 billion worth of real estate nearly three times over. Bezos could also hypothetically purchase the $129.9 billion worth of homes in <\/span><a href=\"https:\/\/redfin.com\/city\/30818\/TX\/Austin\"><span style=\"font-weight: 400;\">Austin<\/span><\/a><span style=\"font-weight: 400;\">, which was on Amazon\u2019s HQ2 shortlist. <\/span><br \/>\n<span style=\"font-weight: 400;\">Kylie Jenner, 21, is now the world\u2019s youngest billionaire\u2014<\/span><a href=\"https:\/\/www.washingtonpost.com\/nation\/2019\/03\/06\/kylie-jenner-now-billionaire-is-called-self-made-is-that-really-true\/?utm_term=.fa06b8be783c\"><span style=\"font-weight: 400;\">whether she\u2019s self-made or not<\/span><\/a><span style=\"font-weight: 400;\">. With a net worth of $1 billion, the KarJenner sister is far from being able to purchase all homes in her Calabasas, California hometown (worth a total of $12.9 billion), but she could take her pick of other small cities throughout the U.S. A few options where Jenner could buy up all the homes for just under $1 billion and maybe turn a few of them into vacation spots for her famous family? <\/span><a href=\"https:\/\/redfin.com\/city\/19235\/HI\/Waikapu\"><span style=\"font-weight: 400;\">Waikapu<\/span><\/a><span style=\"font-weight: 400;\">, located on the Hawaiian island of Maui, or <\/span><a href=\"https:\/\/redfin.com\/city\/24702\/CA\/Occidental\"><span style=\"font-weight: 400;\">Occidental<\/span><\/a><span style=\"font-weight: 400;\">, a community in Sonoma County.<\/span><br \/>\n<span style=\"font-weight: 400;\">Below is a list of select billionaires (or billionaire families) paired with a city where they could hypothetically afford to buy every single single-family home, condo and townhouse. Many of the billionaires on the list could hypothetically afford to purchase every home in multiple cities (for instance, Warren Buffett could scoop up every home in his hometown of <\/span><a href=\"https:\/\/redfin.com\/city\/9417\/NE\/Omaha\"><span style=\"font-weight: 400;\">Omaha, Nebraska<\/span><\/a><span style=\"font-weight: 400;\"> a few times over); we are highlighting one close to but not above their net worth. <\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Billionaire\/<\/b><br \/>\n<b>Source of wealth <\/b><\/td>\n<td><b>Net worth <\/b><\/td>\n<td><b>City<\/b><\/td>\n<td><b>Approximate number of homes\/<\/b><br \/>\n<b>Value of all homes<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jeff Bezos &amp; family\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Amazon<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$131 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/30818\/TX\/Austin\"><span style=\"font-weight: 400;\">Austin, TX<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">280,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$129.9 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Bill Gates\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Microsoft<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$96.5 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/3105\/NC\/Charlotte\"><span style=\"font-weight: 400;\">Charlotte, NC<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">310,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$92.4 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Warren Buffett\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Berkshire Hathaway<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$82.5 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/13415\/TN\/Nashville\"><span style=\"font-weight: 400;\">Nashville, TN<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">210,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$79.1 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Mark Zuckerberg\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Facebook<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$62.3 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/10940\/CA\/Long-Beach\"><span style=\"font-weight: 400;\">Long Beach, CA<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">90,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$61.3 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Michael Bloomberg\/<\/span><br \/>\nBloomberg<\/td>\n<td><span style=\"font-weight: 400;\">$55.5 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/1073\/MD\/Baltimore\"><span style=\"font-weight: 400;\">Baltimore, MD<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">310,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$52.8 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Sergey Brin\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Google<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$49.8 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/4147\/CO\/Colorado-Springs\"><span style=\"font-weight: 400;\">Colorado Springs, CO<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">150,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$49.1 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Francoise Bettencourt Mayers\/<\/span><br \/>\n<span style=\"font-weight: 400;\">L\u2019Oreal<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$49.3 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/3879\/OH\/Cincinnati\"><span style=\"font-weight: 400;\">Cincinnati, OH<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">240,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$48.9 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jack Ma\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Alibaba<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$37.3 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/7646\/CA\/Glendale\"><span style=\"font-weight: 400;\">Glendale, CA<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">40,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$37.3 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jacqueline Mars\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Mars<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$23.9 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/12257\/WI\/Madison\"><span style=\"font-weight: 400;\">Madison, WI<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">80,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$23.3 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Elon Musk\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Tesla<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$22.3 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/5876\/CA\/Escondido\"><span style=\"font-weight: 400;\">Escondido, CA<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">40,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$22.2 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Rupert Murdoch\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Media<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$19.4 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/12572\/SC\/Myrtle-Beach\"><span style=\"font-weight: 400;\">Myrtle Beach, SC<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">100,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$19.4 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Laurene Powell Jobs &amp; family\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Apple<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$18.6 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/26049\/TX\/The-Woodlands\"><span style=\"font-weight: 400;\">The Woodlands, TX<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">40,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$18.4 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Giorgio Armani\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Armani fashion labels<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$8.5 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/12918\/NH\/Nashua\"><span style=\"font-weight: 400;\">Nashua, NH<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">30,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$8.5 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Charles Schwab\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Charles Schwab<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$8.3 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/18661\/CA\/South-Pasadena\"><span style=\"font-weight: 400;\">South Pasadena, CA<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">6,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$8.2 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Ralph Lauren\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Ralph Lauren fashion labels<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$6.9 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/7178\/TX\/Galveston\"><span style=\"font-weight: 400;\">Galveston, TX<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">20,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$6.8 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jack Dorsey\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Twitter &amp; Square<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5.1 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/30738\/NY\/Yorktown\">Yorktown, NY<\/a><\/td>\n<td><span style=\"font-weight: 400;\">10,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$5.2 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Oprah Winfrey\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Media<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2.5 billion <\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/5464\/DE\/Dover\"><span style=\"font-weight: 400;\">Dover, DE<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">10,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$2.5 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Michael Jordan\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Basketball<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1.9 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/31397\/NH\"><span style=\"font-weight: 400;\">Amherst, NH<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">5,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$1.9 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Sara Blakely\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Spanx<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1.1 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/26685\/MD\/West-Ocean-City\"><span style=\"font-weight: 400;\">West Ocean City, MD<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">3,000\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$1.1 billion<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Kylie Jenner\/<\/span><br \/>\n<span style=\"font-weight: 400;\">Kylie Cosmetics<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1 billion<\/span><\/td>\n<td><a href=\"https:\/\/redfin.com\/city\/19235\/HI\/Waikapu\"><span style=\"font-weight: 400;\">Waikapu, HI<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">1,500\/<\/span><br \/>\n<span style=\"font-weight: 400;\">$968.5 million<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Just how much money do the billionaires on Forbes\u2019 latest list have? To put it into context, we created a list of billionaires who could afford to buy every home in certain cities. Jeff Bezos, who took the top spot on this year\u2019s Forbes list of billionaires, couldn\u2019t afford to buy every home in Amazon\u2019s [&hellip;]<\/p>\n","protected":false},"author":13153,"featured_media":65210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[],"dashboard":[],"coauthors":[],"class_list":["post-65209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Which Billionaire Could Buy Your City?<\/title>\n<meta name=\"description\" content=\"Just how much money do the billionaires on Forbes\u2019 latest list have? 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