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9 Billionaires In Connecticut Make The Cut For Forbes 400

Ray Dalio of Greenwich was ranked the 30th wealthiest American by Forbes on Sept. 29.
Ray Dalio of Greenwich was ranked the 30th wealthiest American by Forbes on Sept. 29. Photo Credit: Flickr user World Economic Forum

FAIRFIELD COUNTY, Conn. -- It's not called the Gold Coast for nothing. Connecticut is home to nine billionaires on the 2014 Forbes 400 list that was released on Monday, Sept. 29. And seven of those rich men reside in Greenwich.

Greenwich resident Ray Dalio is once again ranked as wealthiest man in Connecticut, according to the list due in large part to his founding role as hedge fund manager at Bridgewater Associates, which is based in Westport. Dalio was No. 30 overall with an estimated net worth of $15.2 billion.

Other Connecticut residents to make the list, with their ranking, source of wealth and net worth, are:

  • No. 44 Steve Cohen of Greenwich, founder of SAC Capital Advisors in Stamford, $10.3 billion
  • No. 50: Tom Peterffy of Greenwich, discount brokerage, $9.1 billion
  • No. 114: Paul Tudor Jones II of Greenwich, founder of Tudor Investment Corp., $4.3 billion
  • No. 120: Karen Pritzker of Branford, hotels and investments, $4.1 billion
  • No. 235: Peter Buck of Danbury, co-founder of Subway, $2.6 billion
  • No. 302: Stephen Mandel Jr. of Greenwich, founder of Lone Pine Capital, $2.1 billion
  • No. 302: C. Dean Metropoulos of Greenwich, investments, $2.1 billion
  • No. 382: Mario Gabelli of Greenwich, money manager, $1.65 billion

Forbes has been compiling the "400" list for 33 years and takes a vast array of information into account, including SEC filings, court records, all types of assets, debt and personal interviews.

Those with dispersed family fortunes were not included in this list.

Overall, Bill Gates was the rated as the richest man in the United States with a net worth of $81 billion. It's the 21st year in a row Gates has topped the list.

Facebook CEO Mark Zuckerberg was the biggest gainer on the list, going from $15 billion to $34 billion in just a year, Forbes said.

The Forbes 400 list is worth a collective $2.29 trillion, according to Forbes.

Click here to view the full list.

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