Connecticut
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.
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
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
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.
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
Here's how much snow fell in Connecticut on Saturday
The storm dropped two inches of snow in Stratford, as of 8 a.m., and Newtown, as of 10 a.m. In Shelton, weather observers reported 1.8 inches of snowfall as of 8 a.m., according to reporters from the Community Collaborative Rain, Hail and Snow Network.
Along the western edge of the state, the storm dropped 1.3 inches of snow in New Preston and an inch in New Milford by 9:15 a.m., Frank Nocera, a meteorologist in the National Weather Service’s Boston office said. Further south, the Bridgeport area received a 0.4-inch coating, according to weather data from the National Oceanic and Atmospheric Administration.
Nocera said the National Weather Service should have more data available as snow continues to fall Saturday. He said Connecticut’s totals should stick between a coating and two inches.
Snow began falling overnight and was set to create slippery conditions on the roads Saturday. Electric utility customers reported hundreds of outages in the state Saturday morning, but their cause was not immediately clear. The weather service has said the snow should fade in the afternoon as drier conditions close out the weekend.
Connecticut
Want to donate to Los Angeles fire victims? Be aware of scams
CONNECTICUT (WTNH) — In Los Angeles, where fire has destroyed thousands of homes, officials say they don’t need any more items like blankets or clothing. What’s needed is money to help people try to get back on their feet.
Here in Connecticut, if you want to give there are some things you should know to avoid being scammed.
A warning from the Connecticut Better Business Bureau says that before you open your heart and your wallet, do your due diligence before you donate and verify which charities truly have a proven track record of helping.
One of the more common scams you may see is a direct message in your social media feed.
“So, an acquaintance on Facebook messages you and says my uncle was a victim of the fire in LA and I’m collecting money, and you’re asked to click to donate or send me some cash via Venmo, but what you don’t know if that FB page has been hacked,” Kristen Johnson of Connecticut Better Business Bureau said.
The best advice is to pick up the phone and call that Facebook friend and ask are you really collecting money for LA relief. And if you can, make sure the charity you give to is registered with the state of California.
“And another thing that happens and this isn’t a scam, but people who want to help they set up charities to help but they don’t have boots on the ground — they’re not established,” Johnson said.
In other words, avoid grass roots efforts even though their heart may be in the right place. Experts also say never send cash and only a use a credit card.
If a charity says 100% of your gift goes to the LA cause that’s a red flag. Why’s that?
“Because every charity has some overhead right even your credit card payment will come with a transaction fee,” Johnson said.
The Connecticut Better Business Bureau has certain charities that meet their criteria. Just go to give.org to see the list.
Watch the full story above.
Connecticut
Central Connecticut State University remembers Jimmy Carter’s 1985 visit
NEW BRITAIN, Conn. (WTNH) — A few years after former President Jimmy Carter’s term ended, he made a trip to New Britain.
In 1985, about 3,000 people gathered at Central Connecticut State University’s Welte Hall to hear the former president deliver the annual Robert C. Vance Lecture.
This lecture series ran from 1983 to 2015 to honor the editor, publisher and journalist for The Herald in New Britain, Robert C. Vance.
In addition to giving a speech, Carter was also awarded the university’s first honorary degree.
The university’s archivist, Renata Vickery, said, “it was also important for our students to see someone who started from the very humble beginning.”
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