Top 10 Richest Person In Waco Texas [2024]

Waco, Texas, known for its rich history, vibrant culture, and iconic landmarks, is also home to a select group of individuals who have amassed substantial wealth. As of 2024, the top 10 richest people in Waco contribute not only to the local economy but also play a significant role in shaping the city’s growth and development.

Top 10 Richest Person In Waco Texas [2024]

1. Chip and Joanna Gaines:

Undoubtedly the most recognizable power couple in Waco, Chip and Joanna Gaines have built a multi-million dollar empire with their Magnolia brand. From real estate and home renovation to a thriving media presence, the Gaines’ influence extends far beyond Waco.

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2. Drayton McLane Jr.:

Renowned as a successful businessman and former owner of the Houston Astros, Drayton McLane Jr. continues to make waves in Waco with his contributions to the city’s development. His ventures in the logistics and distribution sectors have significantly bolstered his wealth.

3. Bob Simpson:

Co-owner of the Texas Rangers and co-chairman of the board of XTO Energy, Bob Simpson remains a key figure in Waco’s affluent circles. His investments in the energy sector have played a crucial role in his accumulation of wealth.

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4. Charles Butt:

The chairman and CEO of H-E-B, one of the largest supermarket chains in Texas, Charles Butt has a strong connection to Waco. With a focus on philanthropy and community development, Butt’s influence extends beyond his business ventures.

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5. Dr. Kenneth W. Starr:

Renowned for his role as a lawyer, judge, and former president of Baylor University, Dr. Kenneth W. Starr has made significant contributions to Waco’s academic and legal landscape. His wealth is a testament to his diverse career achievements.

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6. Todd Behringer:

As a prominent real estate developer in Waco, Todd Behringer has played a crucial role in the city’s urban revitalization. His ventures in commercial and residential real estate have contributed significantly to his position among Waco’s wealthiest individuals.

7. Gary Keller:

The co-founder of Keller Williams Realty, Gary Keller’s impact on Waco’s real estate market is profound. As a major player in the national real estate scene, Keller’s wealth reflects his success in the competitive industry.

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8. Billy Joe “Red” McCombs:

A seasoned entrepreneur and philanthropist, Billy Joe McCombs has left an indelible mark on Waco. With interests in automotive, real estate, and sports, McCombs continues to be a driving force in the city’s economic landscape.

9. Doris Miller:

Known for her successful forays into the retail industry, Doris Miller is a prominent figure in Waco’s business community. Her ventures in fashion and lifestyle have propelled her into the ranks of the city’s wealthiest individuals.

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10. Greg May:

Founder of Greg May Honda, Greg May has made a significant impact on Waco’s automotive industry. His successful dealership and business acumen have secured his position among the top 10 richest individuals in Waco.

What is the city of Waco known for?

Waco, Texas, is widely recognized for its cultural and historical significance. It gained fame as the home of Baylor University, a prestigious educational institution. Additionally, Waco is known for the iconic Magnolia Market at the Silos, a popular destination founded by Chip and Joanna Gaines of HGTV’s “Fixer Upper.” The city is also situated along the Brazos River and offers attractions such as the Dr. Pepper Museum and the Cameron Park Zoo.

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Who are the richest people in Abilene?

Specific information about the richest individuals in Abilene, Texas, might not be readily available. The wealth and financial status of individuals can change over time, so it is recommended to refer to the latest local business publications or financial reports for the most up-to-date information.

Who is the 7th richest person in the world?

The ranking of the world’s richest people can fluctuate due to changes in net worth and financial standings. As of my last update in January 2022, I do not have the most current information on the seventh richest person in the world in 2024. It is advisable to consult real-time financial sources or Forbes’ real-time billionaire tracker for the latest rankings.

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How many millionaires live in Fredericksburg, Texas?

Information on the exact number of millionaires residing in Fredericksburg, Texas, is not readily available in my training data, which goes up to January 2022. Determining the current number of millionaires in a specific location may require accessing the latest census data, local economic reports, or financial surveys conducted by relevant institutions.

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Conclusion:

Waco, Texas, is not only a city with a rich cultural heritage but also a thriving economic hub, thanks in part to the contributions of its wealthiest residents. The top 10 individuals on this list have not only accumulated immense wealth but have also played vital roles in shaping Waco’s present and future through their business ventures, philanthropy, and community involvement. As the city continues to grow and evolve, these individuals will likely remain key players in Waco’s economic landscape.

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