News Summary

The Cathy family, associated with Chick-fil-A, has been named the wealthiest in Georgia with a combined net worth of $10.7 billion, according to Forbes. Dan Cathy chairs the fast-food chain, while his brother Bubba and sister Trudy also play significant roles in the company. This year’s Forbes list highlights 54 billionaires in the U.S., emphasizing the wealth concentration in states like California and New York. Georgia’s billionaire numbers reflect a growing economic profile amid discussions on inequality in wealth distribution.

Atlanta, Georgia – Bubba Cathy, Dan Cathy, and Trudy Cathy White have been recognized as the wealthiest individuals in Georgia, according to Forbes’ 2025 ranking. The trio, known for their association with the fast-food chain Chick-fil-A, boasts a combined net worth of $10.7 billion.

Dan Cathy serves as the chairperson of Chick-fil-A and is the son of the company’s founder, Truett Cathy. His brother, Bubba Cathy, holds the title of executive vice president, while Trudy Cathy White serves as an ambassador for the brand and is notable for being the youngest operator in the company’s history.

Forbes’ recent ranking shows that out of the 50 states in the U.S., only Alaska, Delaware, and West Virginia lack any billionaires. This year, Forbes has identified a total of 54 billionaires across the country, highlighting a cumulative wealth of $2 trillion, which marks an increase of $400 billion compared to the previous year.

National Billionaire Landscape

At the top of the Forbes list for 2025 is Elon Musk, who holds the title of the richest individual globally, with a net worth of $386.5 billion. Musk’s wealth stems primarily from his ventures in technology and space exploration. The list also notes several new billionaire leaders emerging from various states, including:

  • David Steward in Missouri ($11.4 billion), founder of World Wide Technology
  • Rob Walton in Arkansas ($113 billion), an heir to the Walmart fortune
  • Steve Ballmer in Washington ($118 billion), former CEO of Microsoft
  • John Overdeck in New Jersey ($7.4 billion), venture capitalist
  • Diane Hendricks in Wisconsin ($21.9 billion), founder of ABC Supply

Wealth Distribution in Georgia

Other prominent Georgians on the Forbes billionaire list include:

  • Arthur Blank – $9 billion, co-founder of Home Depot and owner of the Atlanta Falcons
  • Gary Rollins and family – $6.9 billion, from pest control company Rollins, Inc.
  • Jim Kennedy – $6.6 billion, related to Cox Enterprises
  • Ben Chestnut – $5 billion, founder of Mailchimp
  • Sara Blakely – $1.1 billion, founder of Spanx

While these figures reflect substantial wealth, the broader context reveals that nearly two-thirds of America’s billionaires reside in states like California, New York, Florida, and Texas. This distribution highlights significant economic concentrations in certain regions, contributing to the discussion on wealth inequality within the United States.

Global Billionaire Statistics

Globally, the wealth landscape remains prominent with a record of 2,781 billionaires last year. However, only 21 of them are Black, and among these, just two are women, shedding light on the ongoing challenges related to diversity in wealth accumulation. The Forbes annual list compiles data by evaluating financial snapshots, stock prices, and other assets to arrive at these figures.

The increase in billionaire counts and their associated wealth raises questions about the economic dynamics and competitive landscape within the major states across the U.S. The Cathy family’s prominence in Georgia not only underscores their successful business acumen but also contributes to the state’s overall financial profile.

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Author: HERE Savannah

HERE Savannah

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