New Mexico has its first billionaire

Albuquerque resident Ron Corio is now Mew Mexico’s first billionaire. He’s ranked 2524 on Forbes' annual list of the World's Richest People. Corio came to the Land of Enchantment from New Jersey and launched Array Technologies in 1989. It's a solar company that makes tracking system for solar arrays to help them turn better towards the sun. The company went public in October. Ron has a net worth of $1.1 billion as of early this month.