5 Wealthiest States in America

2. New York

Total number of millionaires in the state: 570,456

Total number of billionaires in the state: 114

Most of New York’s wealth is through New York City, considered to be the financial center of the world. This is why banks dominate the biggest companies in New York, with JPMorgan Chase & Co. (NYSE:JPM) being the biggest company in the state. Apart from JPMorgan Chase & Co. (NYSE:JPM), the state is also home to one of the biggest pharmaceutical companies in the world in Pfizer Inc. (NYSE:PFE).