UTAH

Forbes - - LEADER BOARD -

POP­U­LA­TION: 3.1 MIL­LION 2016 GROSS STATE PROD­UCT: $156 BIL­LION (3% GROWTH) GSP PER CAPITA: $51,243 (RANKS NO. 29 NA­TION­WIDE) NUM­BER OF BIL­LION­AIRES: 2 RICH­EST: JON HUNTS­MAN SR. NET WORTH: $1.2 BIL­LION

DE­SPITE HIS best ef­forts to give away his wealth, Jon Hunts­man Sr. re­mains ex­tremely rich. He and his foun­da­tion have do­nated $1.8 bil­lion—more than 150% of his cur­rent net worth—most promi­nently to can­cer re­search, hav­ing founded an epony­mous Salt Lake City in­sti­tute to study the disease in 1995. (It claims to have iden­ti­fied more can­cer­caus­ing genes than any other such cen­ter in the world.)

Hunts­man him­self has bat­tled can­cer four times, and both his par­ents died from it—ex­pe­ri­ences that have given him a clear-eyed view of mor­tal­ity. When War­ren Buf­fett in­vited him to sign the Giv­ing Pledge in 2009, Hunts­man replied, “You don’t have the for­mula right. It should be 80%. Why should some­one who has $5 bil­lion give away only $2.5 bil­lion?”

Hunts­man, 80, first landed on The Forbes 400 in 1989, 19 years af­ter found­ing his chem­i­cals firm, Hunts­man Corp. Today it’s a $9.7 bil­lion (sales) gi­ant; Hunts­man re­mains a di­rec­tor, hav­ing handed the chair­man­ship to his son Peter in De­cem­ber. An­other son, Jon Jr., Utah’s for­mer gov­er­nor, is cur­rently the U.S. am­bas­sador to Rus­sia.

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