West Virginia
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fortune.com
Former billionaire turned governor turned senator tries to explain web of coal companies and net worth of 'less than zero'
The trail of debts — and claims made trying to collect them — that dogged Jim Justice well before he became West Virginia's two-term Republican governor has ballooned since the former billionaire became a U.S. senator earlier this year.
Justice was elected last November to the Senate seat vacated by the retiring Joe Manchin, a Democrat who became an independent in 2024 near the end of his second full term.
Justice, who owns dozens of businesses that include coal and agricultural operations, had a fortune estimated at $1.9 billion last decade by Forbes magazine. Forbes stripped his billionaire title in 2021, when Justice's worth had dwindled to an estimated $513 million.