Friday, March 11, 2011

New Jersey's Wealthiest

Forbes magazine has come out with its annual list of the richest people in the world, as well as the 400 wealthiest Americans. Surprisingly, only a handful of them are listed as residing in New Jersey. The richest people in our state are:

Publishing magnate Donald Newhouse, Somerset County, $5.4 billion
Hedge fund manager David Tepper, Milburn, $4.3 billion
Investment banker Peter Kellogg, Short Hills, $2.8 billion
Hedge fund manager Leon G. Cooperman, $1.5 billion
Mutual fund manager Michael Price, Far Hills, $1.4 billion

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