Arizona adds 2 members to its billionaire club, according to 2025 Forbes list

PHOENIX — Two successful business leaders joined the Arizona billionaires club in the past year, according to Forbes.

The business magazine’s annual list details the wealthiest people in the U.S., from their net worths to their accomplishments. Last year, the Forbes list had 13 Arizona billionaires.

This year, Arizona had 15 individuals make the list of 3,028 people billionaires.

Who are the newest Arizona billionaires added to the list?

One of the two newcomers was Axon Enterprise founder and CEO Rick Smith, who recently spoke to KTAR News 92.3 FM about a potential departure from the state due to clashes with Scottsdale leaders. He has a net worth of $1.8 billion…

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