Embarrassment of riches

Texas has an eye-popping number of millionaire households

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To qualify as a millionaire household, a person or family must have at least $1 million in investable assets.

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A new report shows that Texas boasts a wealth of millionaire households — the second highest number in the country, in fact.

The report, published by marketing services firm Phoenix Marketing International, indicates Texas had 566,578 millionaire households in 2017. To qualify as a millionaire household, a person or family must have at least $1 million in investable assets.

Texas ranks as the second most populous state in the U.S., so it would stand to reason that we also would be second in terms of the number of millionaire households. (The most populous state, California, ranked first last year, with 885,225 millionaire households.)

However, when you look at the number of millionaire households per capita, Texas sits in the middle of the pack. The report says Texas ranked 23rd last year for the number of millionaire households per capita — 5.66 percent of all households.

While Texas’ per-capita ranking might not be impressive, its growth in the overall share of millionaire households is. The report shows 4.33 percent of Texas households were millionaire households in 2010.

Maryland held down the top per-capita spot in 2017, with 7.87 percent of households falling into the millionaire category. The national average last year was 5.81 percent.

Still, Texas has nothing to be ashamed about in the world of wealth. In 2017, Forbes magazine named 34 Texans to its list of the 400 richest Americans. That’s 8.5 percent of the 400 billionaires identified by Forbes. And there’s likely more Texas billionaires lurking out there.

“There’s certainly plenty of Texans who have deep enough moneybags to be in the Forbes 400 but don’t show up yet because our intrepid reporters … haven’t yet nailed down the numbers beyond a reasonable doubt,” Forbes writer Christopher Helman noted last year.

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LIFT EVERY VOICE

Hadestown, an MLK march, and 15 more events in San Antonio's DreamWeek

Photo by Sarah Lyons

DreamWee.k features 17 days of activities centered around Martin Luther King Jr. Day

It's no revelation to anyone who has stumbled into a local comment section, but San Antonians could use more tolerance for each other's experiences and perspectives. Diverse cultural summit DreamWeek, which organizes 17 days of inspiring events, might help heal the fractious divide. The inspirational festivities run January 10-26.

Nigerian immigrant Shokare "Sho" Nakpodia first envisioned DreamWeek in the '90s while working as a New York City taxi driver. Still, it wasn't until 2013 that the summit became a reality. The idea was to modernize Dr. Martin Luther King Jr.'s enduring vision through a meaningful exchange of ideas.

The initiative became an almost immediate success. Since its inception, DreamWeek has hosted more than 1,000 events and partnered with hundreds of local organizations. The 2025 edition continues the growth trajectory with panels, symposiums, film screenings, and art shows bookending San Antonio's annual MLK Day parade.

It's impossible to soak it all in, but we've curated some daily highlights. For a complete list of activities, head here.

Hadestown — January 10
The Tony-winning musical Hadestown opens for a limited run. Majestic Theatre, 7:30 pm.

Voices of Equality: Celebrating Our Neighbor — January 11
The Human Rights Campaign presents an afternoon celebrating diversity and LGBTQ inclusivity through art happenings, presentations, and more. Geekdom, 2-4 pm.

The Quilt: Live in Concert — January 12
Inspired by the award-winning documentary of the same name, this musical showpiece highlights music genres created by Black Americans. San Fernando Cathedral, 7-8 pm.

DreamHour Speaker Series — January 13
Gain insight and inspiration from mental health expert Keely Petty and security consultant Willie Vazquez Ng. Mark's Outing, 7-8:30 pm.

Dream Big Mixer — January 14
Network with philanthropically minded entrepreneurs and business professionals. Smoke Sky Bar, 5:30-8 pm.

Food System Forum — January 15
Explore the future of the local food system with Gardopia Gardens and the Food Policy Council. Gardopia Gardens, 6-8 pm.

Black Cowboys: An American Story — January 16
The exhibit, running through February 9, tells the story of Black pioneers in the American West. Robert J. & Helen C. Kleberg South Texas Heritage Center, 10 am to 5 pm.

Mental Health Symposium — January 17
This daylong event is designed to build tomorrow's emotionally intelligent, inclusive, and socially responsible leaders. Launch SA, 9:30 am to 2:30 pm.

L'Afrique Fashion Show — January 18
This fashion show highlights the rich culture of Nigeria. Brick at Blue Star, 2-4 pm.

Dreamweek Comedy Show — January 19
Have a laugh and support the United Healthcare Children's Foundation. Upstage Comedy Lounge, 7:30 pm.

Dr. Martin Luther King Jr. March — January 20
This almost three-mile march is one of the largest in the nation. Martin Luther King Jr. Academy, 10 am.

Samurai Spirit: Swords, Accessories, and Paintings — January 21
Learn the history of Japanese samurai through exquisite objects through July 27. San Antonio Museum of Art. 10 am to 8 pm.

We Dream in Drag — January 22
Drag queens of color discuss their lives and perform riveting sets. Heat Night Club, 7-9 pm.

Generations Over Dinner — January 23
This delicious dinner mixes guests from two to five generations for stimulating conversation. San Antonio Area Foundation, 6-8 pm.

Meet Your Friendly Neighborhood Trans Folk — January 24
Gender-expansive neighbors lead an informative town hall. Tandem San Antonio, 6-8 pm.

Talleres de Mujeres — January 25
This series of workshops weaves "therapeutic interventions, collective wellness programs, and economic empowerment opportunities." Holy Redeemers Church, 10 am to 2 pm.

The Reality of Gentrification and the Attack on Public Housing — January 26
Follow along as a small community group attempts to navigate gentrification and fight powerful developers. The film screening is followed by a discussion. Esperanza Peace and Justice Center, 6-9 pm.

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