3 NJ Residents Named To ‘Forbes’ List Of Richest In America

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Three New Jersey citizens have been named to the “Forbes” checklist of the 400 richest other folks in America.

The country’s wealthiest electorate noticed their collective fortune upward push 40 p.c during the last 12 months to $4.5 trillion, regardless of the continuing COVID-19 pandemic, Forbes mentioned.

Former President Donald Trump was once dropped from the checklist for the primary time in 25 years, with Jeff Bezos, Elon Musk, Mark Zuckerberg, Bill Gates, and Larry Page taking the highest 5 spots.

To make the checklist, you should have a internet value of a minimum of $2.9 billion, and an build up of $800 million from the former 12 months.

Net worths have been calculated on Sept. 3 the usage of inventory costs and trade charges.

The New Jerseyans who made the checklist are:

98. Rocco Commisso, 71, is the founder and CEO of cable corporate Mediacom based totally in Chester, New York.

The Saddle River resident is the richest guy in New Jersey. He is value $8.4 billion, Forbes mentioned.

Commisso immigrated to the United States from Italy when he was once 12 years previous. His first activity was once taking part in the accordion throughout film theater intermissions.

147.John Overdeck, 51,is the co-founder of Two Sigma, a quantitative buying and selling powerhouse with $60 billion below control.

The Millburn resident is value $6.5 billion.

Overdeck was once a math prodigy who gained a silver medal on the International Mathematical Olympiad at 16 years previous, Forbes mentioned.

300. Peter Kellogg, 79, bought brokerage area Spear, Leeds & Kellogg to Goldman Sachs for $6.5 billion in money and inventory in 2000.

The Short Hills resident is value $3.8 billion.

Kellogg joined the company, the place his father was once a spouse, in 1973 and took over a number of years later, Forbes mentioned.

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