Houston Rockets owner Tilman Fertitta leads the city’s billionaires on Forbes’ 2025 list, with a net worth of $11.3 billion. He is among 16 Houstonians on the list as global billionaire wealth reaches new highs.
Forbes' World Billionaires List 2025 says that Tilman Fertitta, owner of the Houston Rockets and food mogul, is the wealthiest billionaire in Houston. With a net worth of $11.3 billion, Fertitta is the richest person in the city and ranks No. 220 on the list of the world's richest people.
Kathy Britton, CEO of Perry Homes and from Houston, Texas, joins him on the list. She started with a net worth of $2.6 billion, which put her in 1,408th place worldwide.
There are 16 billionaires living in Houston, and eight of them have become more prosperous since 2024. The group of billionaires in the city is worth about $99.2 billion.
Forbes announced this year that there are a record 3,028 billionaires worldwide, a big increase from the list's first 140 names in 1987. The total net worth of the world's billionaires is an amazing $16.1 trillion, which is $2 trillion more than last year.
The U.S. still has the most, with 902 billionaires. With a wealth of $342 billion, Elon Musk, a Texas transplant, once again earned the title of world's richest person.
As the number of billionaires in Houston grows and the world's wealth continues to rise, the Forbes list shows how the scene of extreme wealth is changing in 2025.
The Houston Rockets clinched their 50th win of the season with a commanding 143-105 victory over the Utah Jazz on Wednesday, securing a spot in the playoffs for the first time in five years.
Houston is set for unseasonably hot temperatures on Thursday, with a forecasted high of 90°F—potentially breaking a record in 2022. The heat comes just ahead of a significant cold front expected to bring cooler temperatures and possible storms by the weekend.