Welcome to Wyoming, the Frontier of America's New Gilded Age

https://www.nytimes.com/2026/03/02/us/billionaire-boom-jackson-teton-wyoming.html

https://archive.ph/qTXzC

Welcome to Wyoming, the Frontier of America’s New Gilded Age
Jackson, Wyo., has long been a refuge for the rich. But the last five years saw a boom in wealth of a kind never before seen. Across the country, the 2017 tax cuts minted hundreds of new billionaires.
By Katie Benner, Steven Rich Mike Baker and John Branch
March 2, 2026 Updated 10:47 a.m. ET

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The Jackson Hole region has long been a refuge for the rich, but an explosion of new affluence has allowed a growing cadre of extraordinarily wealthy people to dominate both the local economy and Wyoming state politics.

Teton County is not merely the richest county in the country, per capita, by far; it is a window into America’s near future, as the country enters a new gilded age, one in which millionaires are turning into billionaires overnight.

A New York Times analysis shows the stunning velocity at which the fortunes of the 1 percent have increased across the country since President Trump first took office in 2017. The richest Americans saw their net worth soar 120 percent between 2017 and 2025, a colossal leap from the 45 percent growth they had seen over the previous nine years.

The number of U.S. billionaires jumped 50 percent by some estimates between 2017 and 2025, to more than 900 people.








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