Worth over $150B, 13 billionaires live in KS and MO. Two new faces this year
Kansas and Missouri are home to 13 billionaires in 2026, with three living in the Kansas City area, according to Forbes’ latest list.
With residences from Springfield to Wichita, these individuals appeared on the annual Forbes billionaires ranking, released on March 10.
The 13 have a combined net worth of $150.2 billion as of March 10. This is more money than a year of state budget spending for Missouri, Kansas, Iowa and Nebraska combined, according to data from the Urban Institute.
Kansas and Missouri added two billionaires since last year — Peter Mallouk of the Kansas City area and Douglas Rippel of the Wichita area.
The wealth of the 11 returning billionaires increased 10% or $12 billion in the last 12 months, outpacing the U.S. inflation of 2.4%.
The United States has the most billionaires in the world, totaling 989, who are worth a total of $8.4 trillion. This is greater than the gross domestic products of Japan and India combined, according to most recent World Bank data.
An individual with a net worth of a billion dollars has over 5,000 times the wealth of the median American household’s net worth of $192,000 , according to the most recent data from the Federal Reserve.
Here are the 13 billionaires living in Kansas and Missouri.
Charles Koch
- Net worth: $73.8 billion
- Age: 90
- Residence: Wichita, Kansas
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.
Peter Mallouk
- Net worth: $16.1 billion
- Age: 56
- Residence: Leawood, Kansas
A University of Kansas and Rockhurst High School graduate, Peter Mallouk is the CEO of Creative Planning, an Overland Park wealth management company. Mallouk joined the Forbes billionaire list this year. He owns a majority stake in Sporting KC and a minority stake in the Royals. While his town of residence is not listed by Forbes, Mallouk is registered to vote at a $3.4 million Leawood home owned by his wife Veronica.
David Steward
- Net worth: $12.4 billion
- Age: 74
- Residence: St. Louis, Missouri
In 1990, David Steward co-founded World Wide Technology alongside Jim Kavanaugh. The University of Central Missouri graduate’s IT company has customers including Verizon, Citi and the federal government.
Pauline MacMillan Keinath
- Net worth: $9.5 billion
- Age: 92
- Residence: St. Louis, Missouri
The great-grandfather of Pauline MacMillan Keinath founded Cargill, one of the largest food companies in the world. She is one of 21 billionaire heirs to Cargill.
John Morris
- Net worth: $8.9 billion
- Age: 77
- Residence: Springfield, Missouri
In 1972, John Morris started what became the outdoor retailer Bass Pro Shops. He bought rival Cabela’s in 2017, doubling the size of the company. He opened a concert arena in Missouri in 2022 that started regularly having shows in 2024.
Min Kao and family
- Net worth: $7.7 billion
- Age: 77
- Residence: Leawood, Kansas
Min 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.
Jim Kavanaugh
- Net worth: $7.7 billion
- Age: 63
- Residence: St. Louis, Missouri
A St. Louis University graduate, Jim Kavanaugh founded World Wide Technology with David Steward. The former pro soccer player works as the CEO.
Rodger Riney and family
- Net worth: $4.2 billion
- Age: 80
- Residence: St. Louis, Missouri
Rodger Riney co-founded 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: $3.7 billion
- Age: 67
- Residence: St. Louis, Missouri
A St. Louis native, Robert Clark founded construction company Clayco, which built the Washington University School of Medicine, among other projects.
Lamar Hunt, Jr. and family
- Net worth: $2 billion
- Age: 69
- Residence: Leawood, Kansas
Lamar Hunt Jr. is the eldest son of Kansas City Chiefs founder Lamar Hunt Sr., whose father was an oil tycoon. Hunt Jr. and his three billionaire siblings co-own the football team. Forbes says the other Hunts live in Dallas, including Chiefs chairman and CEO Clark Hunt.
Jim McKelvey
- Net worth: $1.6 billion
- Age: 60
- Residence: St. Louis, Missouri
In 2009, Jim 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.
Douglas Rippel
- Net worth: $1.4 billion
- Age: 59
- Residence: Maize, Kansas
In 2013, Douglas Rippel founded American First Finance, a buy-now-pay-later company. The company was sold to pawn shop company FirstCash in 2021. A resident of the greater Wichita area, Rippel sat on their board of directors. Rippel studied at both Kansas State and Wichita State Universities, and joined the Forbes billionaire list this year.
David Humphreys and family
- Net worth: $1.2 billion
- Age: 69
- Residence: Joplin, Missouri
David 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 March 17, 2026 at 2:17 PM.
