West Virginia’s richest person
The richest person in West Virginia
is Jim Justice II: net worth $1.68 billion.
Jim Justice II worth $1.68 billion |
He was born in Raleigh County. Jim has his
bachelor's degree and his MBA from Marshall.
In the mid-70s, he began working for
his father's coal mining company, Bluestone Industries, and then split off to
found his own grain farming company, Bluestone Farms.
He became CEO of Bluestone in the early
80s after his father passed away, purchased additional coal mines in Kentucky,
Virginia and Tennessee.
Bluestone, now known as the Justice
Companies, also oversees farmland in southern states.
In 2009, he sold all of the West
Virginia coal mining operations to the Russian company, Mechel OAO for nearly
$450 million in cash, and more than 83 million shares in the Russian firm.
The median household income in West
Virginia is $41,043.
West Virginia’s largest employer is
Wal-Mart.
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