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Three NJ Residents Named To Forbes List Of Richest In America Three NJ Residents Named To Forbes List Of Richest In America
Three NJ Residents Named To Forbes List Of Richest In America Three New Jersey residents were named to the Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the world is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The New Jersey residents who made the…

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by Cecilia Levine
Neighbors
Forbes Says This Millburn Resident Is NJ's Wealthiest Person Forbes Says This Millburn Resident Is NJ's Wealthiest Person
Forbes Says This Millburn Resident Is NJ's Wealthiest Person Forbes magazine has recently published its list of the wealthiest residents in each of the 50 states, and once again a Millburn resident with family ties to Westfield is on it.  John Overdeck, 49, a mathematical prodigy as a teen who went on to help found Two Sigma Investments -- one of the world's most successful hedge funds -- has a net worth of about $6.2 billion, according to Forbes. That's enough to make him the state's richest person.  Overdeck shares a place on the list with New York's Michael Bloomberg, founder of the eponymous media company, Facebook founder and Californi…

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by Paul Milo
Lifestyle
New Forbes Rankings Of 400 Wealthiest Americans Include These New Jersey Residents New Forbes Rankings Of 400 Wealthiest Americans Include These New Jersey Residents
New Forbes Rankings Of 400 Wealthiest Americans Include These New Jersey Residents Some of the richest people in the U.S. are calling New Jersey home, according to the brand-new Forbes magazine annual rankings of the wealthiest 400 Americans. For the first time since 1994, Bill Gates has not claimed the No. 1 spot on Forbes' list of 400 richest Americans: That goes to Amazon.com founder and CEO Jeff Bezos -- clocking in at $160 billion. Additionally, Donald Trump has dropped 11 places from last year. With a net worth of $3.1 billion, Trump is now the 259th-richest person in the 2018 Forbes 400. He was 248th in the 2017 Forbes 400 when his net worth fell from $3.7 billion…

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by Cecilia Levine