These 11 billionaires in Kansas and Missouri are worth over $120B: Who they are
Kansas and Missouri are home to 11 billionaires in 2025, with two living in the Kansas City area, according to Forbes’ latest list.
The 11 have a combined net worth of $120.6 billion as of April 1. This is more money than the combined 2024-2025 state government budgets for Kansas, Missouri and Iowa, according to data from the Urban Institute.
Kansas and Missouri added one billionaire since last year — Joplin roofing heir David Humphreys — and the local billionaires’ total wealth increased $18.1 billion.
The United States has the most billionaires, 902, who are worth a total of $6.8 trillion. That is more than the GDPs of India, Brazil and Poland combined, according to most recent World Bank data.
In the last year, the United States’ billionaires gained a total of $1.1 trillion in wealth and welcomed 89 people into their ranks.
An individual with a net worth of a billion dollars has over 5,000 times the wealth of the median American household: $192,000 net worth, according to the most recent data from the Federal Reserve Bank of St. Louis.
Here are the 11 billionaires living in Kansas and Missouri.
Charles Koch
- Net worth: $67.5 billion
- Age: 89
- Residence: Wichita
Charles Koch’s father started Koch Industries, where Charles has been chairman for more than 50 years. The company is involved in gas pipelines, chemicals and manufacturing, among other industries. Charles, along with his late brother, has given significant money to conservative organizations.
David Steward
- Net worth: $11.4 billion
- Age: 73
- Residence: St. Louis
In 1990, the University of Central Missouri graduate co-founded World Wide Technology alongside Jim Kavanaugh. The IT company’s customers include Verizon, Citi and the federal government.
John Morris
- Net worth: $9.4 billion
- Age: 77
- Residence: Springfield
In 1972, Morris started what became the outdoor retailer Bass Pro Shops. He bought rival Cabela’s in 2017, close to doubling the size of the company.
Pauline MacMillan Keinath
- Net worth: $7.2 billion
- Age: 91
- Residence: St. Louis
Her great-grandfather founded Cargill, which is now the largest food company in the world. She is the richest of the 12 billionaire heirs to Cargill, according to Forbes.
Jim Kavanaugh
- Net worth: $7 billion
- Age: 62
- Residence: St. Louis
The St. Louis University graduate founded World Wide Technology with David Steward. The former pro soccer player works as the CEO.
Min Kao & family
- Net worth: $6.9 billion
- Age: 76
- Residence: Leawood
Kao co-founded GPS company Garmin in 1989 and still serves as executive chairman. Born in Taiwan, he migrated to the United States in the 1970s.
Rodger Riney & family
- Net worth: $3.9 billion
- Age: 79
- Residence: St. Louis
Riney, a University of Missouri graduate, co-founded the now-defunct stockbroker Scottrade in 1980. The business was headquartered in St. Louis until it was bought in 2017 by TD Ameritrade.
Robert Clark
- Net worth: $2.9 billion
- Age: 66
- Residence: St. Louis
The St. Louis native founded construction company Clayco, which built the Washington University School of Medicine, among other projects.
Lamar Hunt Jr. & family
- Net worth: $1.6 billion
- Age: 68
- Residence: Leawood
Hunt is the eldest son of Kansas City Chiefs founder Lamar Hunt Sr., whose father was an oil tycoon. Hunt Jr. co-owns the football team with his three billionaire siblings. Forbes says the other Hunts live in Dallas, including Chiefs chairman and CEO Clark Hunt.
Jim McKelvey
- Net worth: $1.6 billion
- Age: 59
- Residence: St. Louis
In 2009, McKelvey founded the payment company Square with fellow St. Louis native and Twitter co-founder Jack Dorsey. The Washington University graduate is a member of the board of the Federal Reserve Bank of St. Louis.
David Humphreys & family
- Net worth: $1.2 billion
- Age: 68
- Residence: Joplin
Humphreys is the president and CEO of Tamko, one of the largest roofing shingles manufacturers in the nation. He and his sister inherited the company from their grandfather, who founded it in 1944 out of Joplin. A libertarian, Humphreys has donated millions of dollars to Missouri Republicans while also criticizing President Donald Trump, according to Forbes.
This story was originally published April 7, 2025 at 5:00 AM.
