Where do Billionaires Live in NJ?

Where do Billionaires Live in New Jersey?

Some of the richest people in America live in New Jersey. From a math prodigy to a telecom genius, New Jersey is home to an impressive list of billionaires, many of whom are self-made.

Here are the 5 richest people in New Jersey. Plus find out where these billionaires live in NJ.

The information presented in this article is based on the Billionaires List from Forbes (rankings as of 1/26/23). 

Where do Billionaires Live in NJ?
Where do Billionaires Live in NJ?

Where do Billionaires Live in NJ?

Most of the billionaires in NJ live in the Northern part of New Jersey. A majority of New Jersey’s billionaires live in Bergen County and Essex County.

It should come as no surprise since both counties are near Manhattan and are suburbs of New York City.

Plus, these billionaires live near Teterboro Airport, which is a hub for private jets.

Private jet

5 Richest People in New Jersey

1. Rocco Commisso

Rocco Commisso is the richest person in New Jersey. He lives in Saddle River, NJ. Rocco Commisso is a self-made billionaire worth $8.2 billion.

Luxury Yacht

Rocco Commisso made his fortune from Mediacom (telecom). He is the 251st richest person in the world.

Net Worth$8.2 billion
Source of WealthMediacom (telecom)
Age72
ResidenceSaddle River, NJ
World Rank251st Richest Person in the World
Rocco Commisso Profile

2. John Overdeck

John Overdeck is the second richest person in New Jersey. He is a math prodigy and made billions with his data-driven hedge fund, Two Sigma. He lives in Millburn, NJ.

Luxury Yacht

John Overdeck is worth $6.8 billion. He is the 363rd richest person in the world.

Net Worth$6.8 billion
Source of WealthTwo Sigma (hedge funds)
Age52
ResidenceMillburn, NJ
World Rank363rd Richest Person in the World
John Overdeck Profile

Check out the Wealthiest Towns in NJ

3. Peter Kellogg

Peter Kellogg is the third richest person in New Jersey. He lives in Short Hills, NJ, one of the wealthiest towns in New Jersey. Peter is worth $3.6 billion.

Luxury Yacht

He made billions selling his brokerage firm, Spear, Leeds & Kellogg to Goldman Sachs.

Peter Kellog is the 800th richest person in the world.

Net Worth$3.6 billion
Source of WealthSpear, Leeds & Kellogg (brokerage house)
Age80
ResidenceShort Hills, NJ
World Rank800th Richest Person in the World
Peter Kellogg Profile

4. Larry Robbins

Larry Robbins is one of the richest people in New Jersey. He lives in the ultra-exclusive community of Alpine, NJ. Larry Robbins is worth $1.9 billion.

Luxury Yacht

He is a self-made billionaire, making his fortune from his hedge fund, Glenview Capital Management.

Larry is the 1573rd richest person in the world.

Net Worth$1.9 billion
Source of WealthGlenview Capital Management (hedge funds)
Age53
ResidenceAlpine, NJ
World Rank1573rd Richest Person in the World
Larry Robbins Profile

Check out the Highest Paying Jobs in New Jersey

5. Duncan MacMillan

Duncan MacMillan is one of the richest people in New Jersey. Along with fellow billionaire, Michael Bloomberg, he is one of the co-founders of Bloomberg LP.

Luxury Yacht

Duncan lives in Princeton, NJ. He is worth $1.5 billion making him the 1576th richest person in the world.

Net Worth$1.5 billion
Source of WealthBloomberg LP
Age85
ResidencePrinceton, NJ
World Rank1576th Richest Person in the World
Duncan MacMillan Profile

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