Do any billionaires live in North Dakota?

Written by Editorial Team | Last Updated: August 2026

Yes, Vermont is home to at least one billionaire. John Abele, the co-founder of the medical device company Boston Scientific, resides in Shelburne, Vermont. While Vermont is one of several U.S. states with a very small number of ultra-wealthy residents compared to hubs like California or New York, it is not entirely without billionaire presence. Abele’s residency in the state is a well-documented exception to the trend of billionaires gravitating toward larger metropolitan or tax-advantageous states.

Related FAQs

North Salem State Bank provides comprehensive digital banking platforms and secure mobile applications that enable consumer and commercial account holders to manage their finances conveniently from smartphones or tablets.

U.S. Bank operates an established physical branch location right in Williston, North Dakota, situated centrally on Main Street to serve the local community and surrounding region.

Williston, North Dakota experiences continuous economic evolution rather than maintaining the hyper-accelerated, explosive boom phase seen during the height of the Bakken oil shale rush.

U.S. Bank, the primary banking subsidiary of U.S. Bancorp, has executed several strategic acquisitions throughout its history to expand its national footprint.

Determining the "best" bank is subjective, as the ideal choice depends on your specific financial needs, including whether you value in-person branch access, top-tier digital tools, high-interest savings, or fee-free ATM networks.

Rule 32 typically references specific administrative codes, judicial procedures, or specialized state regulations within North Dakota legal frameworks.