Great Southern Wood CEO James “Jimmy” Rane is the richest man in Alabama, according to Forbes Magazine, and the state’s only billionaire. Now, Great Southern Wood Preserving and its YellaWood brand is a major player in the wood and preservation industry. James W. “Jimmy” Rane watches as the final construction beam is hoisted to the top of the Tony and Libba Rane Culinary Science Center at Auburn University. Alabama is one of 47 states with at least one billionaire. Amazon founder Jeff Bezos moved from Washington State to Florida, taking his $194 billion with him.

Source: Forbes July 01, 2024 19:10 UTC