Dallas-Fort Worth is home to approximately five times more billionaires than publicly identified by the Forbes list, creating a significant market for specialized wealth management services, according to Matthew Ogle, co-founder of Legacy Knight. Ogle, whose multi-family office manages $2.8 billion, highlighted that an estimated 90% of these ultra-high-net-worth individuals in the region currently lack a robust family office structure to steward their wealth.Forbes' 2026 World's Billionaires List identified 28 individuals with strong ties to the Dallas-Fort Worth area, including prominent figures like Elaine Marshall and family ($30.9 billion), Lyndal Stephens Greth and family ($30 billion), and Dallas Cowboys owner Jerry Jones and family ($20.3 billion). However, Ogle's assertion suggests a far larger, less visible population of billionaires in the North Texas metroplex.Legacy Knight, co-founded by Matthew Ogle and Abe Minkara in 2019, was established to address this underserved segment. The firm provides tailored advisory services and investment opportunities, acting as an independent multi-family office for ultra-high-net-worth families and family offices. Ogle, who previously served as Chief Investment Officer for a single-family office and helped build a multi-family office at Crow Holdings Capital, brings extensive experience to the venture.The firm's model, described as an "entrepreneurial endowment," aims to offer a middle ground between the high costs and operational complexities of a single-family office and the less personalized approach of traditional investment banks. This approach focuses on giving families control over direct investment opportunities and wealth growth strategies. Legacy Knight recently initiated a $20 million Series A capital raise from its client base, underscoring its growth and commitment to client alignment.The substantial number of unserviced billionaires in DFW indicates a burgeoning demand for sophisticated wealth management solutions. Legacy Knight's focus on providing a comprehensive yet flexible family office experience positions it to capture a significant share of this expanding market, ensuring that the region's vast wealth is effectively stewarded for future generations.
