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6 CT Billionaires Hit Forbes 400 Richest List, 5 Call Fairfield County Home 6 CT Billionaires Hit Forbes 400 Richest List, 5 Call Fairfield County Home
6 CT Billionaires Hit Forbes 400 Richest List, 5 Call Fairfield County Home As Forbes released its 2023 World's Richest 400 People, a look at the numbers shows that even the billionaires of the world are feeling the pinch of falling stocks and rising interest rates. The same goes for Connecticut where six billionaires made the list, including one who fell off last year's list only to return this year when another, Stephen Mandel Jr. of Greenwich, didn't meet the required cutoff of $2.9 billion in money.  So who are the richest in the state that can rub elbows with the high and mighty? This year's six include top-ranked from the richest in America:  No. …

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by Kathy Reakes
Lifestyle
These CT Residents Rank Highest On New Forbes Richest People List These CT Residents Rank Highest On New Forbes Richest People List
These CT Residents Rank Highest On New Forbes Richest People List A group of Connecticut businessmen and women are among the wealthiest in the country, according to the latest Forbes ranking. The global media company released the Forbes 400 of 2021, which includes several familiar faces to Connecticut residents highlighted by hedge fund mastermind Ray Dalio. Each year, Forbes runs the numbers to determine the wealthiest residents in each of the 50 states, including more than 750 candidates who were whittled down to the top 400 wealthiest Americans. According to Forbes, their reporters interviewed employees, handlers, peers, rivals, and attorneys whi…

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by Zak Failla
Lifestyle
Money Buys Happiness: Here's How Much You Need To Find Joy, Study Says Money Buys Happiness: Here's How Much You Need To Find Joy, Study Says
Money Buys Happiness: Here's How Much You Need To Find Joy, Study Says People who think money can’t buy happiness are woefully mistaken, according to a new study. A University of Pennsylvania study recently published in the Proceedings of the National Academy of Sciences found that people who earn $85,000 or more per year are happier than those who earn less. And the more money you earn, the happier you are. This contradicts common knowledge and refutes an earlier study that found there is a cap on how much happiness money can buy. Once a person earns at least $75,000 per year additional money won’t buy additional happiness, according to a 2010 Princeton Uni…

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by Kristin Palpini