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Richest person in every state

24/7 Wall St. Logo By Michael B. Sauter, Samuel Stebbins and Grant Suneson of 24/7 Wall St. | Slide 2 of 51: > Est. net worth: $950 million
> Resides: Abbeville
Lumber magnate Jimmy Rane, who advertises his company Great Southern Wood Preserving by posing as his alter ego Yella Fella, recently took over as Alabama's wealthiest person. Rane, whose net worth is estimated at $950 million, continues to live in his small hometown of Abbeville and has made it a personal mission to revitalize the town.

Alabama: Jimmy Rane

> Est. net worth: $950 million
> Resides: Abbeville

Lumber magnate Jimmy Rane, who advertises his company Great Southern Wood Preserving by posing as his alter ego Yella Fella, recently took over as Alabama's wealthiest person. Rane, whose net worth is estimated at $950 million, continues to live in his small hometown of Abbeville and has made it a personal mission to revitalize the town.

© David McNew / Getty Images

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