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Utah's wealthiest person is worth $1.2 billion

Former Utah Jazz great John Stockton, Jazz owner Gail Miller and Former Jazz Head Coach Jerry Sloan attend a press conference as the 1997 Western Conference Champions reunite on Wednesday, March 22, 2017.
Former Utah Jazz great John Stockton, Jazz owner Gail Miller and Former Jazz Head Coach Jerry Sloan attend a press conference as the 1997 Western Conference Champions reunite on Wednesday, March 22, 2017.
Scott G Winterton, Deseret News

Forbes recently released its list for the wealthiest people in every state.

Only six of the wealthiest people in the country are worth less than $1 billion.

For Utah, businesswoman Gail Miller topped the list with a $1.2 billion net worth. She is currently ranked on the Forbes 400 list at No. 395.

Miller now serves as the chairwoman and owner of the Larry H. Miller Group of Companies. The family also owns the Utah Jazz and recently transferred its ownership into a legacy trust in order to keep the franchise in Utah.

Washington state had the richest person in the entire country, Microsoft's Bill Gates.

Meanwhile, Alaska is home to Jonathan Rubini and Leonard Hyde, who are the poorest richest people, with a $340 million net worth each. Their combined net worth, though, outranks Vermont's John Abele, who has a $625 million net worth.

Forbes also shared a graphic that shows which industry helped those wealthiest people earn their net worth. For Utah, it’s the automotive industry (the Millers own a wealth of car dealerships).

As Forbes reported, Miller and her husband, Larry Miller, owned a Toyota dealership that eventually become a $4.4 billion operation with 62 dealerships.

Bruce Halle, of Arizona, also earned wealth through the automotive industry, according to Forbes.

About one-third of the richest people earn their living from fashion and retail, or finance and investments.

Other notable names on the list:

  • Mark Zuckerberg topped California with a $62.4 billion net worth.

Michael Bloomberg led New York with a $50.7 billion net worth.

Warren Buffett's $76.2 billion net worth is tops in Nebraska.

Daniel Gilbert, owner of the Cleveland Cavaliers, earned the top spot in Michigan.

View the full list at Forbes.