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13 Billionaires In CT Among Richest Americans: New Forbes List

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13 Billionaires In CT Among Richest Americans: New Forbes List


CONNECTICUT — Billionaire financier and NY Mets owner Steve Cohen is the wealthiest person in Connecticut, according to Forbes annual ranking of the world’s super rich. He moves into the top spot from his 2023 position in second place.

Cohen runs Point72 Asset Management, a $30.6 billion hedge fund firm that started managing outside capital in 2018. Prior to then, he ran SAC Capital, one of the most successful hedge funds ever.

In 2020, Cohen purchased the NY Mets for $2.4 billion, the highest price ever paid for an MLB team, according to Forbes. His art collection alone is worth around a billion dollars.

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Overall, the 400 richest billionaires in America have more wealth than a year ago, and there are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021, Forbes said. Those on the list are worth a total of $14.2 trillion, up by $2 trillion from 2023.

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These are Connecticut’s billionaires, their worth, age, industry and standing in the global wealth rankings, according to Forbes :

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No. 97 Steve Cohen, 67, of Greenwich, $19.8 billion

No. 124 Ray Dalio, 74, of Greenwich, $15.4 billion

No. 477 Karen Pritzker, 66, of Branford, $6.1 billion

No. 477 Todd Boehly, 50, of Darien, $6.1 billion

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No. 775 Brad Jacobs, 67, of Greenwich, $4.1 billion

No. 1,187 Douglas Ostrover, 61, of Greenwich, $2.8 billion

No. 1,286 Vince McMahon, 78, of Greenwich, $2.6 billion

No. 1,330 Stephen Mandel Jr., 68, of Greenwich, 2.5 billion

No. 1,623 Alexandra Daitch, 61, of Old Lyme, $2 billion

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No. 1,623 Lucy Stitzer, 64, of Greenwich, $2 billion

No. 1,764 Clifford Asness, 57, of Greenwich, $1.8 billion

No. 1,764 Mario Gabelli, 82, of Greenwich, $1.8 billion:

No. 1,851 Michael Rees, 49, of New Canaan, $1.7 billion

Forbes now lists former Connecticut billionaires Andreas Halvorsen ($7.2 billion) and Alex Behring ($6.3 billion) as living in Norway and Brazil, respectively.

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Nearly all of Connecticut’s super rich got that way from working in the finance and investments field. Notable exceptions are wrestling mogul McMahon, Cargill heiresses Daitch and Stitzer, and Jacobs, who made his mint in logistics.

Leading the 2024 global wealth list is French businessman Bernard Arnault, the head of luxury goods giant LVMH, with a value of $233 billion. He’s $38 billion richer than the world’s No. 2, Tesla, SpaceX and X honcho Elon Musk, who is worth an estimated $195 billion.

Forbes says Musk is the richest U.S. resident, followed by Amazon founder Jeff Bezos, who owns The Washington Post, as well, according to Forbes’ list of The World’s Richest Billionaires for 2024. He is worth an estimated $194 billion, Forbes said.


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Connecticut

Lawmakers again push to restore Shore Line East service to 2019 levels

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Lawmakers again push to restore Shore Line East service to 2019 levels


Connecticut lawmakers are again looking to restore Shore Line East rail service to its pre‑pandemic levels, a proposal that could add about 90 more trains per week.

Lawmakers are also weighing a separate cost‑saving proposal to shift the line from electric rail cars back to diesel.

The plan comes as ridership remains well below 2019 numbers, though state data shows those numbers have begun to climb.

The Department of Transportation provided the General Assembly’s transportation committee with the following data:

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  • 132 trains per week today versus 222 trains per week in 2019, according to the CTDOT commissioner.
  • In 2019, most weekday SLE trains traveled between New Haven Union Station and Old Saybrook. This allowed SLE to operate with only five train sets in the morning and four train sets in the afternoon.
  • It should be noted that 2019 SLE service levels were very different due to constrained infrastructure; 2019 service levels had a reduced number of SLE trains serving New London (13 trains per day Monday through Friday, as opposed to 20 today), while other stations had increased service (36 trains per day Monday through Friday, as opposed to 20 today).

“2019 levels beyond Old Saybrook to New London would require more crews and more train sets than were used in 2019, requiring significantly more financial resources,” the department wrote in its written testimony.

The department said the governor’s FY2027 budget does not include funding for a full restoration. In other words, even if the legislature requires additional trains, the funds are not included in the current financial plan.

Governor Lamont said on Monday to remember that the state subsidizes the line more than any other rail right now.

“There’s not as much demand as there are for some of the other rail services in other parts of the state, so that’s the balance we’re trying to get right,” Lamont said.

At a public hearing on Monday, concerns about the line’s reliability and schedule were a central focus in the testimony.

“We’re making the line less attractive, some would say. The schedules are very, very difficult to manage,” said Sen. Christine Cohen of Guilford, the co-chair of the committee.

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The current schedule for eastbound morning commuters is difficult. The train either arrives in New London just after 7 a.m. or after 9 a.m.

“So obviously not really … conducive to a typical workday,” Cohen said.

Cohen, who represents communities along the line, said she continues to reintroduce the bill to expand service year after year, pushing the state to do more with the line.

She thanked the department for the work it was able to do with the recent funding to establish a through train to Stamford.

“What do we need to do, and what are the challenges that you face in terms of expansion at this time?” Cohen asked.

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Commissioner Garrett Eucalitto responded that the biggest hurdle is the cost of labor and access fees to Amtrak, which owns the territory.

“The cost to provide rail service is very expensive,” Eucalitto said.

He said CTDOT knows the current schedule is “not ideal,” but the economics of a work-from-home society are difficult.

“People expect 100% of the trains that they had in 2019, but they only want to take it two days a week,” Eucalitto said.

Asked about the eastbound schedule, the commissioner explained Shore Line East still operates on a model that sends trains toward New Haven in the morning rather than toward New London.

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Changing that would require more equipment, more crews, and a second morning operations base, as well as negotiations with Amtrak, which owns the tracks.

Amtrak is “protecting their slots to be able to run increased Northeast Regional service as well as increased Acela service,” Eucallito said. “They’re going to look at us and question, ‘Well, how does that impact our need for Amtrak services?’ They’ll never give you an answer upfront, it’s always: ‘show us a proposal and then they’ll respond to it.’”

Cohen, who chairs the Transportation Committee, touted how a successful Shoreline East benefits the environment, development along the line, and reduces I-95 congestion.

“We need to start talking about how much money this costs us and think about all of the ancillary benefits,” Cohen said during the hearing.

Cohen said there is multi-state support for extending the line into Rhode Island.

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“We will need some federal dollars. But as you say, there are other businesses up the line in New London,” Cohen said. “We’ve got Electric Boat. We’ve got Pfizer up that way. If we can get those employees on the transit line, we’re all the better for it.”

Rider advocates said the issue is familiar.

“I’d rather see solutions, and not things that are holding it back,” said Susan Feaster, founder of the Shore Line East Riders’ Advocacy Group.

She said she worries the line is facing a transit death spiral, with reduced service leading to lower ridership and falling fare revenue.

“They have to give us the money,” Feaster said. “It shouldn’t have to be profitable.”

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Like other train lines across the country, Shore Line East relies on subsidies.

“We’re not asking for everything to be done overnight, but just incrementally,” Feaster said.

The line received $5 million two years ago, which increased service levels.

The proposal comes as the state reviews whether to return to diesel rail cars that are more than 30 years old.

The state says the switch would save about $9 million, but riders have said it would worsen the passenger experience.

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NBC Connecticut asked Cohen whether she’ll ask DOT to reverse that proposal.

“I really want to,” Cohen said. “I appreciate what CTDOT was trying to do in terms of not cutting service as a result of trying to find savings elsewhere. This isn’t the way to do it.”



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Iranian Yale scholar in Connecticut celebrates fall of regime, calls for free elections

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Iranian Yale scholar in Connecticut celebrates fall of regime, calls for free elections


HARTFORD, Conn. (WFSB) – Thousands of Connecticut families with ties to Iran are watching and waiting as their home country undergoes a historic change.

Among them is Ramin Ahmadi, a Yale doctor, human rights activist and founder of the Iran Human Rights Documentation Center. He has spent decades advocating for freedom in Iran from his home in Connecticut.

Ahmadi moved to the United States when he was 18. On Saturday morning, he learned of military strikes in Iran and the death of the country’s supreme leader.

Ahmadi said protests for democracy and human rights in Iran intensified in December, drawing millions of participants — including his own family and friends.

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“The situation in Iran was a humanitarian emergency and it needed an intervention,” Ahmadi said.

He said he celebrated when he heard the news Saturday morning.

“I was celebrating along with all other Iranians inside and outside the country,” Ahmadi said. “I do regret that we cannot bring him to a trial for crimes that he has committed against humanity.”

Ahmadi said he spoke with his sister in Iran after she celebrated in the streets. She was later told to return home for her safety.

He shared a message she relayed from those around her.

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“They said do not let our death be exploited because worse than that is having to live with the criminals who have done this to us for the rest of our lives,” Ahmadi said. “We do not want to do that.”

For those questioning whether the conflict was America’s to engage in, Ahmadi offered a direct response.

“We will all be affected,” he said. “And to those that tell you that the U.S. and Israel are beating the drums of war in Iran, one has to remind them that it was not like before this Iranian people were listening to Beethoven’s Symphony No. 9 in D minor. We had a war already declared on us by this regime. We were being slaughtered on a daily basis.”

Ahmadi said he believes the path forward begins with young military officers forcing out what remains of the regime, followed by free elections.

“Everyone’s life will be safer in the future and not just Iranians,” Ahmadi said.

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Connecticut lawmakers are also responding to the U.S. strikes on Iran.



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Two people shot in New Haven restaurant Saturday evening

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Two people shot in New Haven restaurant Saturday evening


New Haven police say two people were shot at a restaurant on Grand Avenue Saturday evening.

One of the victims was a 22-year-old male from East Haven who was shot in the leg and was transported to Yale New Haven Hospital for treatment.

According to police, the second victim was a 17-year-old male and arrived shortly after.

While on scene, police confirmed one of the possible shooters was still inside the restaurant.

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According to police, the victims were both inside the restaurant when the teen was approached by Naguea Bratton and another suspect.

They say a fight occurred which resulted in both victims being shot.

Police detained Bratton who was charged with carrying a pistol without a permit, two counts of illegal possession of a high-capacity magazine and larceny of a motor vehicle.

Bratton is being held on a $200,000 bond.

Both victims have non-life-threatening injuries police say.

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They say additional arrests are expected to be completed by warrant.



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