evidence: Across the U.S., billionaires reside in cities big and small. Many are looking for locations that are close to their businesses or their families, have favorable tax systems, or just have a sunnier climate — and maybe access to a beach. While 47 American states are home to at least one billionaire, there are three states that have zero 10-figure figures, according to Forbes. Take a look at the three states with the most billionaires, as well as the three that have none.