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Hunts, Basses among Texans on Forbes richest families list

W. Herbert Hunt, left, and Nelson Bunker Hunt, who died last year in Dallas.
W. Herbert Hunt, left, and Nelson Bunker Hunt, who died last year in Dallas. AP

The Hunts of Dallas are richer than the Basses of Fort Worth, but the Duncans in Houston are the state’s wealthiest family.

So says Forbes magazine in its second annual list of 200 richest American families, which looks at multigenerational wealth across the country. (Individual first-generation riches, such as Warren Buffett’s, are not included.)

The Duncan family includes the four children of the late Dan Duncan, the man behind the Enterprise Products Partners pipeline company in Houston. The family has an estimated net worth of $22.4 billion, ranking it No. 10 on the list.

The Hunt family in Dallas, descendants of oil wildcatter H.L. Hunt, is tops in North Texas with a fortune estimated at $14.2 billion, ranking No. 15 nationwide. The magazine lists the family as having 34 members.

The Bass brothers — Sid, Robert, Ed and Lee — are the only Fort Worth family on the list, ranking No. 29 with a net worth estimated at $8.2 billion.

Oil and gas development has been the prime source of wealth for Texas’ richest families, but other fortunes have been made in supermarkets (the Butt family behind H-E-B and Central Market), cosmetics (the Rogers family, with Mary Kay), hamburgers (the Dobsons, with Whataburger) and sporting goods (the Gochmans, with Academy).

The Waltons are the nation’s richest dynastic family, with wealth estimated at $149 billion. And we can claim a piece of that with Alice Walton, the richest Texan, living at her horse ranch west of Fort Worth. The Koch family is No. 2 with $86 billion.

Steve Kaskovich, 817-390-7773

Twitter: @stevekasko

Richest Texas families

No. 10, Duncan, Houston, $22.4 billion, pipelines

No. 15, Hunt, Dallas, $14.2 billion, oil

No. 24, Butt, San Antonio, $10.4 billion, supermarkets

No. 26, Marshall, Dallas, $9 billion, oil, investments

No. 29, Bass, Fort Worth, $8.2 billion, oil, investments

No. 39, Chao, Houston, $7.2 billion, chemicals

No. 56, Perot, Dallas, $5.4 billion, investments

No. 70, Friedkin, Houston, $4.1 billion, auto distribution

No. 93, Fasken, Midland, $3 billion, oil

No. 103, Dobson, San Antonio, $2.6 billion, Whataburger

No. 109, Gochman, Katy, $2.5 billion, Academy Sporting Goods

No. 139, Mitchell, The Woodlands, $1.8 billion, oil

No. 139, Walter, Houston, $1.8 billion, oil and gas

No. 149, Rogers, Addison, $1.7 billion, Mary Kay

No. 163, Cullen, Houston, $1.5 billion, oil, coal

No. 174, Westerman, Addison, $1.4 billion, oil

No. 179, Briscoe, Uvalde, $1.3 billion, ranch land

No. 193, Colburn, Irving, $1.2 billion, electric distributor

Source: Forbes magazine

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