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October 5, 2023

6 CT billionaires make Forbes’ wealthiest list; top 400 features newcomer

Contributed The Forbes 400 magazine issue features five consecutive covers, including: Sam Bankman-Fried, Ramzi Musallam, Jenny Just, Noubar Afeyan and Golden Nugget CEO Tilman Fertitta.
By Andrew Larson

Forbes’ list of the 400 wealthiest Americans includes six Connecticut billionaires this year, with hedge fund manager and New York Mets owner Steve Cohen unseating Ray Dalio at the top of the list.

The Forbes Top 400 annual rankings show that Cohen, with a net worth of $19.8 billion, is the 37th wealthiest person in the country. 

Last year, Dalio, with an estimated net worth of $22 billion, came in at No. 71. This year, his net worth dropped to $15.4 billion. Dalio, founder of Bridgewater Associates, gave up control of the hedge fund giant in 2022. 

Others on this year’s list are: Todd Boehly, co-founder of a Greenwich-based investment company Eldridge Industries, with $6 billion; Karen Pritzker, hotel entrepreneur, with $6 billion; Bradley Jacobs, founder, CEO and chairman of XPO Logistics, with $3.7 billion; and Vincent McMahon, former chairman and CEO of WWE, with $3.1 billion.

McMahon dropped off the list in 2020, but made a comeback this year after merging the WWE with the Ultimate Fighting Championship to form a new publicly traded company reportedly worth $21.4 billion.

Hedge fund manager Stephen Mandel Jr., the sixth wealthiest person in Connecticut last year with $3.9 billion, dropped off this year’s list.

The wealthiest person in the world, according to Forbes, is Texas resident Elon Musk with a net worth of $251 billion. 

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