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Forbes Ranks NJ Billionaires Among Richest People In America

"Forbes" has released its list of richest American residents.

Rocco Commisso.

Rocco Commisso.

Photo Credit: Mediacom Communications Corporation/geralt Pixabay (background)

And, yet again, three New Jersey residents were named.

Rocco Commisso, John Overdeck, and Peter Kellogg all made the cut. The billionaire trio also were ranked among the richest billionaires in the world last April by Forbes.

On the Forbes 400 list of Americans, Overdeck came in at No. 160, with a net worth of $7.4B; Commisso at No. 200 with a net worth of $6.4B; and Kellogg at No. 288 with a net worth of $4.6B.

Commisso, 74, of Saddle River is the founder and CEO of cable company Mediacom based in Chester, New York, and the richest man in New Jersey.

He immigrated to the United States from Italy when he was 12 years old. His first job was playing the accordion during movie theater intermissions.

Overdeck, 53, of Millburn, is the co-founder of Two Sigma, a quantitative trading powerhouse with $60 billion under management. 

He was a math prodigy who won a silver medal at the International Mathematical Olympiad at 16 years old, Forbes said.

Kellogg, 82, of Short Hills sold brokerage house Spear, Leeds & Kellogg to Goldman Sachs for $6.5 billion in cash and stock in 2000. 

He joined the firm, where his father was a partner, in 1973 and took over several years later, Forbes said.

Click here for the full Forbes list. 

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