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Greenwich Is Home To 12 Of Richest Men In World As Billionaire List Grows

Ray Dalio of Greenwich is the richest person in Connecticut, according to Forbes' annual billionaires list.
Ray Dalio of Greenwich is the richest person in Connecticut, according to Forbes' annual billionaires list. Photo Credit: Flickr user World Economic Forum

FAIRFIELD COUNTY, Conn. — As Forbes rolled out its 2017 list of richest people in the world — with Bill Gates at the top again — the number of heralded Connecticut residents has risen from 12 last year to 17 this year.

The two richest men in Connecticut — Greenwich residents Ray Dalio and Steve Cohen — are also among the 100 richest people in the world.

Gates, co-founder of Microsoft, grew his fortune by $11 billion last year to $86 billion, according to Forbes.

Dalio, founder of Westport-based Bridgewater Associates, the world’s largest hedge fund, has a net worth of $16.8 billion. He ranks 54th in the world and 26th in the U.S.

Cohen, who runs the Point72 Asset Management fund in Stamford, has a net worth of $13 billion. He ranks 54th in the nation and 92nd in the world.

Of the Fairfield County billionaires, 12 live in Greenwich and one each in Danbury, Darien and Southport.

Here is the full list for the state:

  • Paul Tudor Jones II of Greenwich, net worth of $4.7 billion, ranks No. 125 in U.S. and No. 348 in the world, founder of Tudor Investment Corp.

  • Karen Pritzker of Branford, net worth of $4.4 billion, ranks No. 134 in the U.S. and No. 385 in the world; She inherited family money from Hyatt hotels and has grown her fortune through investments.

  • Andreas Halvorsen of Darien, Net Worth of $3.1 billion, No. 630 in the world, founder of Viking Global Investors Hedge Fund

  • Clifford Asness of Greenwich, Net Worth of $3 billion, No. 600 in world, co-founder of AQR Capital Management hedge fund

  • Stephen Mandel Jr. of Greenwich, Net Worth of $2.6 billion, No. 782 in world, founder of Lone Pine Capital hedge fund

  • Peter Buck of Danbury, Net Worth of $2.5 billion, No. 814 in world, co-founder of Subway

  • Alexandra Daitch of Old Lyme, Net Worth of $1.9 billion, No. 1,098 in world; owns about 3 percent of Cargill, the largest private company in America. She is one of 14 billionaire descendants of W.W. Cargill, who started the company in 1865.

  • Lucy Stitzer of Greenwich, Net Worth of $1.9 billion, No. 1,098 in world; She is Daitch's sister and chairs Waycrosse, the investment company of the Cargill and MacMillan families.

  • William Berkley of Greenwich, Net Worth of $1.6 billion, No. 1,290 in world, made his fortune in insurance

  • Mario Gabelli of Greenwich, Net Worth of $1.6 billion, No. 1,376 in world, made his fortune in money management

  • Vincent McMahon of Greenwich, Net Worth of $1.3 billion, No. 1,576 in world, co-founder of Stamford-based WWE

  • Robert Citrone of Southport, Net Worth of $1.1 billion, No. 1,795 in world, founded Discovery Capital Management hedge fund

  • John Liew, of Greenwich, Net Worth of $1 billion, No. 1,940 in world, co-founder of AQR Capital Management hedge fund

  • David Kabiller of Greenwich, Net Worth of $1 billion, No. 1,940 in world, co-founder of AQR Capital Management hedge fund

  • William Macaulay of Greenwich, Net Worth of $1 billion, No. 1,940 in world, CEO and chairman of First Reserve Corp.

Among those who are new on the list this year are Greenwich residents Clifford Asness, John Liew, and David Kabiller, co-founders of AQR Capital Management hedge fund.

Last year, the state gave AQR an aid package worth $35 million to keep 540 of its employees in Connecticut and add as many as 600 in the next 10 years. The majority of the incentive was given as a $28 million, low-interest loan to AQR.

Click here to read the whole list at the Forbes website.

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