Five Texas Billionaires Join Forbes 2026 Wealth List

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Forbes magazine's 2026 list of the world's wealthiest people includes five new billionaires from Texas. Their business interests range from energy and biotech to restaurants and pickleball. The Texans on the list are David Dean Halbert, Thomas Dundon, Toby Neugebauer, Ignacio Torras, and Thomas Powell.

Why it matters

The addition of these five Texans to the Forbes billionaires list highlights the state's thriving business ecosystem and the diversity of industries driving wealth creation. It showcases Texas as a hub for entrepreneurship and innovation, with homegrown companies and entrepreneurs making their mark on the global stage.

The details

The five new Texas billionaires on the 2026 Forbes list include: David Dean Halbert, a biotech executive who co-founded cancer diagnostics company Caris Life Sciences; Thomas Dundon, a Dallas entrepreneur who built a sporting empire including stakes in the Carolina Hurricanes and Portland Trail Blazers, as well as a pickleball portfolio; Toby Neugebauer, co-founder of nuclear and data center startup Fermi America; Ignacio Torras, the founder and CEO of Houston-based petrochemical distributor Tricon Energy who also owns Spanish restaurants; and Thomas Powell, a retired executive from Powell Industries, an electrical infrastructure company founded by his father.

• The Forbes 2026 list of the world's wealthiest people was released on March 11, 2026.
• Caris Life Sciences went public in June 2025, turning Halbert into a billionaire.
• Fermi America, co-founded by Neugebauer, went public just 9 months after launching in January 2025.