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51°
Tuesday, nov 19
Tag:
Billionaires
Business
Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List
Forbes released its annual list of the nation's 400 richest Americans this week, and a Connecticut hedge fund manager ranked among the top 40. In all, five billionaires call the Nutmeg State home. Steve Cohen, who runs Point72 Asset Management headquartered in Stamford, was ranked 39th among the richest Americans, and the richest person in Connecticut. According to Forbes, the 68-year-old Greenwich resident is worth an estimated $21.3 billion, a massive increase from when he was worth $13.6 million in 2019. Cohen purchased the New York Mets in 2020. Related:…
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'Tax The Rich, Not The Poor': New Protests Target Estates Of Hamptons Billionaires
Pitchfork-wielding protesters hit the streets in some of Long Island’s most affluent communities to condemn the rise in income equality. Chants of “tax the rich, not the poor!’ could be heard from more than 100 drivers and 200 marchers who hit the Hamptons of some of Long Island’s wealthiest residents. According to reports, former New York City Mike Bloomberg’s $20 million Southampton mansion was near the epicenter of the protests. Reports said that the protesters are calling on Gov. Andrew Cuomo to hike taxes on New York's billionaires to make up for the chaos wreaked on the state’s budge…