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Why so many billionaires are fleeing to Teton County, Wyoming

15-3-2020 < Blacklisted News 22 174 words
 

Truett is just one of the hundreds of CEOs, investors and moguls — some of the “most powerful and well-known figures in business and politics” — who have made Teton County their home. Some live here permanently, commuting to major cities for work, and some only visit during the summer or winter months. Everyone interviewed by Farrell for the book did so on the condition of anonymity (all names are pseudonyms).


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According to a 2018 report from the Economic Policy Institute, the wealthiest one percent in Teton County bring in an annual income that’s approximately 142 times more than the other 99 percent of families in the county. The “average” per capita income in Teton County is just over $251,000, the highest in the country, according to the US Department of Commerce, and the rest of Wyoming doesn’t even come close, with most counties ranging between $40,000 and $50,000 per year, and none going above $70,000. Coming second to Teton is Manhattan, where the average income is $194,000.


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