How many millionaires are there in Huntsville Alabama?

88,880 millionaires out of 1,928,669 households. On the upside, Huntsville, Alabama is one of the best cities in which to buy a bigger house at a relatively affordable rate.

Are there any millionaires in Alabama?

James Stephens has since inherited a portion of the company since the death of his father in 2005. James and his siblings Elton, Jane, and Dell are heirs to the family fortune with an estimated net worth of $4 billion making them the richest family in the state of Alabama.

Who is the richest woman in Alabama?

Marguerite Harbert
Education Mountain Brook Elementary School Phillips High School
Alma mater Birmingham–Southern College
Occupation Philanthropist
Spouse(s) John M. Harbert

Who is the richest billionaire in Alabama?

The richest person in Alabama is Jimmy Rane. He has a net worth of $900 million. Back in 1970, Rane was an attorney in Birmingham when tragically, his wife’s parents died in a car accident. So he purchased the company they had founded, Great Southern Wood Preserving, which makes decks and fences.

What is the wealthiest city in Alabama?

1. Mountain Brook. If you want to kick it with Alabama’s wealthiest, there’s only one place to head – Mountain Brook. In terms of median income, Mountain Brook wipes the floor with the competition, with the average household sitting pretty on the mammoth income of $152,355.

How many billionaires live in Alabama?


Rank by number of billionaires (9/15/20) State or federal district Billionaires’ real-time cumul. worth $M (9/15/20)
45 Alabama 0
45 Delaware 0
52 * Unknown State(s) 1,380,831
53 Total United States $5,086,027

Do any billionaires live in Alabama?

Alabama. Alabama’s wealthiest man, Jimmy Rane, has a net worth of $900 million—the state is one of seven that have no billionaires. Rane, aka the “Yella Fella” of Great Southern Wood Preserving, made his fortune by building the modest family business into a billion-dollar company with his brother.

Where do rich people live in Huntsville?

Most expensive Huntsville neighborhoods

  • Twickenham / Old Town.
  • Greenwycke Village.
  • Providence.
  • Waltons Mountain / Jones Farm West.
  • Mountain Brook.
  • Downtown Huntsville.
  • Magnolia Park / Cobblestone Cove.
  • Lake Pointe / Arbor Woods.

Where do most millionaires live in Alabama?

The 10 Richest Cities in Alabama

  • Pike Road.
  • Madison.
  • Chelsea.
  • Trussville.
  • Hoover.
  • Helena.
  • Homewood.
  • Spanish Fort.

Who is the richest man in Alabama?

James Stephens is the Chairman of EBSCO Industries. He was born in Birmingham, Alabama and is a graduate of Yale University and the Harvard Business School. He’s currently 80 years old and is the richest man in Alabama. His father Elton B. Stephens started the company with an investment of $5,000.

Can the Harberts still claim to be the richest Alabamians?

But it is highly likely that the Harberts will no longer be able to claim that the richest living Alabamian is a member of their privileged family tree. Harbert is survived by three children, six grandchildren and three great-granddaughters, “plus many loving nieces and nephews,” her obituary in the Birmingham News and reads.

Is Garry Drummond the richest Alabamian?

If Garry Drummond truly is a billionaire, he would likely be the richest Alabamian, but he has not been identified as such by Forbes, and his personal finances, like those of other Alabama residents, are not available to the public.

Are there any billionaires in Alabama?

In fact, there are several potential billionaire Alabama residents, and because details about their private finances are not publicly available, it is next to impossible to verify just how much money they have.