Move over, Alice Walton. Texas has a new No. 1 as its wealthiest resident. Elon Musk, the electric car entrepreneur and space travel pioneer, officially became the states richest person in Forbes annual billionaires list.Move over, Alice Walton

Why is ACE family so rich?

The ACE family is set for life based on their YouTube channel. And they didnt inherit the money – neither was born into wealth. The family earned its money through YouTube ad revenue, merchandise sales, and sponsorship money, a common path for YouTubes creator community.