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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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Milford business celebrating 50th anniversary

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Milford business celebrating 50th anniversary


Chip Rubenstein, owner of Chip’s Auto Sales of Milford, says he’s honored to celebrate the dealership’s 50th anniversary alongside America’s 250th birthday.

“I opened Chip’s Auto Sales in 1976, during a chaotic time for our nation in the world,” said Rubenstein, “50 years later, I am so proud of the legacy I’ve created as somebody who always tried his best to do right, and to serve my community proudly.”



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Car catches fire in Trumbull

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Car catches fire in Trumbull


Intense flames engulfed a car early Saturday morning in Trumbull.

Officials say it happened around 3:30 a.m. on Richfield Drive near the Bridgeport town line.

Trumbull and Bridgeport fire crews worked to put out the flames.

It was not immediately known how the fire started or if there were any injuries.

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I moved from Connecticut to the South chasing a cheaper, simpler life. It wasn’t at all what I expected, so I moved back.

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I moved from Connecticut to the South chasing a cheaper, simpler life. It wasn’t at all what I expected, so I moved back.


This as-told-to essay is based on a conversation with Sandra Bonola, 56, who moved from Connecticut to Charleston, South Carolina, in 2021, then to Beaufort, South Carolina, in 2023, before deciding the South wasn’t right for her. The conversation has been edited for length and clarity.

I am a native New Englander, born and raised in Connecticut. In late 2021, I started thinking seriously about moving. I’m an empty nester, and thanks to my remote job, I can work from anywhere in the country.

I was drawn to the South because people talked about it as if it were the promised land. The stories made it seem like it had better weather, cheaper homes, and a more affordable cost of living. I bought into that and told myself, “If I move to the South, I can have an easier life, and it won’t be as expensive.”

I decided to move to Charleston, South Carolina. I figured that there, I’d be outside more, near the beach, have a lower cost of living, and have access to the coast. I was also hoping for that small-town vibe and Southern charm.

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I packed up the 2,500-square-foot Colonial I had lived in for 20 years and moved. I got rid of a lot of things I no longer needed and put the rest into storage.

I was really hopeful Charleston would be right for me. But about four months after moving there, I realized that almost everything I had hoped for was turning out to be the opposite.

I tested the waters in Charleston first

In Charleston, I stayed in a friend’s apartment and paid rent month to month while I decided whether I wanted to buy a home there. I’m grateful for that setup because it gave me a trial period. In those four months, I learned a lot about Charleston — and about what I actually wanted.

One of the first things I noticed was that everybody seemed to be moving there. The city was crowded, and navigating the downtown area was always challenging. Its streets were also full of traffic — it would take me up to an hour to try to get to downtown Charleston from John’s Island.

The city was also more expensive than I expected. I was somewhat insulated from housing costs because I was renting from my friend, but food, entertainment, and taxes were all much higher than I had anticipated.

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Pedestrians walk past pastel historic storefronts on a sunny street with palm trees and shop awnings.

The historic downtown of Charleston, South Carolina. 

Jeff Greenberg/Universal Images Group via Getty Images



The Southern charm I was hoping for also didn’t feel as I expected. Charleston has a big “going out” culture, much of which seems to revolve around where to eat or drink. That’s not really my thing. For me, the city lacked some of the creative flavor I was looking for.

The climate was another big factor. Everyone knows New England can have brutal winters, and I don’t like shoveling snow, so I was eager to get away from that. But after moving South, I realized I had traded brutal winters for brutal summers. It was just so hot.

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At first, I thought I just needed time to adjust. But the more I explored Charleston, the more I realized the lifestyle I had imagined didn’t match my reality.

I was getting annoyed, then frustrated, and then I was done.

I tried the South again, but it still wasn’t for me

I didn’t feel like I had anything to lose, so I moved back to Connecticut in 2022. Instead of feeling defeated, I actually felt grateful that I had given Charleston a shot.

For a while, I rented a month-to-month beach house in Connecticut while I looked for a home to buy. But the homebuying search in New England felt bleak. I was trying to downsize, but even the smaller homes came with big-home prices. It made me feel like I might never find what I was looking for.

After house hunting for 14 months in Connecticut, I really wanted to put down roots. The idea of moving to a quieter, more affordable small town was still appealing. So in July 2023, I decided to try the South again — this time in Beaufort, South Carolina, a small town I had explored while living in Charleston.

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There, I was able to purchase a beautiful three-bedroom ranch home for $425,000. It was a new build in a planned community.

The house checked a lot of boxes. It was beautiful, new, and far more affordable than what I could have bought in Connecticut. But I still didn’t feel at home in Beaufort.

Affordability is important, but you also need community

In Beaufort, it was so hot that I rarely saw or interacted with my neighbors. People would say hello and then quickly go back inside. I kept thinking, “How am I ever going to socialize here?”

I joke that I’m an OG remote worker because I started working remotely in 2008. Remote work gives you some social interaction, but you still need to get outside and make real connections with people.

I tried to put myself in situations where I could meet people. I looked for yoga classes, local events, and other activities I could join. But what I found was that many people had moved there for family or moved with a spouse, and they mostly kept to themselves.

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It lacked the kind of community connection I was used to seeing in the Northeast. I kept trying to make those connections and stay open to it, but it just kept falling flat.

I tell people this story, and sometimes they understand it, and sometimes they don’t. But I knew I was done one morning when I woke up, looked at the ceiling fan in my bedroom, and thought, “I really hate that fan, and I’m losing hope for my life.”

I didn’t appreciate Connecticut’s beauty until I moved back

In 2024, I moved back to Connecticut. Right now, I’m living on the coast in an apartment inside a refurbished Civil War-era hospital. I’m on one of the top floors, so I can see the boats and the water.

I’m still searching for a home and making offers with more confidence. Home prices are high here, but prices down South are creeping up, too.

I’ve started thinking about owning in Connecticut more as an investment in both my future and my happiness. I’ve set a budget of about $800,000 for a home, though some of the homes I’ve been interested in have been closer to $650,000.

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I’m seeing possibilities I didn’t see before, and that’s exciting.


Sandy shoreline curves along a calm bay with small boats, coastal houses, yellow flowers, and distant islands.

A sandy bay in Connecticut. 

Kate Stoupas/Getty Images



Being back in Connecticut has been eye-opening. I don’t think I fully appreciated its beauty until I had something to compare it to.

There’s so much opportunity here. I love the energy and the people. I’ve been taking advantage of the location, too, doing things like hopping on a train to New York to see a show or making more of an effort to connect with friends.

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When I think about whether I’d move somewhere else again, I keep coming back to something a photographer once told me in Massachusetts. He had lived in Bali with his family, and I remember asking, “You lived in Bali? Why would you come to Massachusetts?”

I’ll never forget what he told me. He said, “I can go anywhere in the world from an airport, but you really have to realize the ground beneath your feet is beautiful if you choose to see it that way.”

That stayed with me. It changed the way I think about Connecticut and made me realize I needed to take the blinders off. There was beauty right at my feet — I just needed to see it.





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