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The 15 states with the most CEOs

Ivan De Luce   

The 15 states with the most CEOs
Strategy1 min read

Hubert Joly, CEO of Best Buy

Neilson Barnard/Getty Images

Hubert Joly, CEO of Best Buy.

The United States is full of CEOs - 195,530, to be exact.

Using data from the Bureau of Labor Statistics (BLS), we found which states have the highest concentration of chief executives. California topped the list by a wide margin, with 30,290 CEOs, while runner-up Florida had 20,860. Many of the Golden State's top execs come from the tech industry, including Tim Cook (Apple) and Mark Zuckerberg (Facebook). Florida has a wide range of businesses, including supermarket chain Publix and cruises such as Carnival Cruise Line and Royal Caribbean Cruises.

According to BLS's data, the average California CEO makes $228,270 a year, while the average Florida CEO makes a relatively smaller $187,870 a year. However, the avergae CEO of an S&P 500 company made over $1 million a month in 2018. CEO salaries have drawn criticism in recent years for being large relative to average company salary. For example, the CEO of McDonald's earned 3,101 times what an average McDonald's employee earned.

Some of the richest names in business didn't make the list, though. Jeff Bezos' Amazon is based in Washington, which is home to only 3,690 CEOs.

Here are the 15 states with the most CEOs.

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