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.
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Texas Attorney General Ken Paxton has opened a sweeping review of nearly 1,000 cities to determine whether they comply with state audit and financial transparency laws under Senate Bill 1851. Attorney General Ken Paxton has already ordered several cities to halt unlawful tax increases, and he may add more municipalities to the investigation.
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Houston-area employees at Woodlands Specialty Hospital report going weeks without pay, forcing some to sell personal belongings and search for new jobs. The hospital blames the issue on redirected insurance payments.
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Dozens of new Texas laws take effect beginning in December, including the end of the STAAR test, over-the-counter access to ivermectin, and a law allowing private citizens to sue manufacturers who ship abortion pills. January will bring additional rules affecting app stores and immigration enforcement.