New Hampshire

How many billionaires live in NH? Maine? Only one in each, per Forbes list

Published

1 year ago

April 13, 2024

How many billionaires live in NH? Maine? Only one in each, per Forbes list

Some people want to be billionaires. These people succeeded.

Forbes released their annual list of the world’s billionaires . Elon Musk and Jeff Bezos dominate the top of the list, but there are also some rising stars, such as icon Taylor Swift who made the list for the first time this year.

There are 26 more billionaires this year than in 2021, breaking the record for most billionaires in a given year, according to Forbes’ billionaire webpage.

There are 2,692 billionaires that are American citizens on the Forbes list. Included in those thousands are the 40 billionaires that live in New England. But there’s only one in New Hampshire.

New Hampshire’s one billionaire

Rick Cohen is owner and executive chairman of C&S Wholesale Grocers, the nation’s largest grocery wholesaler, according to Forbes, which put his worth a $19.2 billion as of April 12, 2024. However, much of his wealth comes from his other title, the chairman and CEO of Symbotic, a warehouse company that has a lucrative “partnership with Walmart to automate its 42 regional distribution centers,” Forbes said.

The companies were launched by Cohen’s grandfather, according to Forbes.

Cohen lives in Keene, and was born in Worcester, Mass.

Maine’s only billionaire

Susan Alfond, who lives in Scarborough, inherited her fortune.

“Her father Harold Alfond, bought an old mill in Maine in 1958 and turned it into a shoemaker that sold millions of boots and casual shoes,” Forbes said. “In 1993 Harold sold the company to Warren Buffett’s Berkshire Hathaway for $420 million of stock; the shares are worth billions of dollars now.”

Alfond is worth $3.1 billion as of April 12, 2024, according to Forbes.

Billionaires in Massachusetts

Abigail Johnson, CEO of Fidelity Investments; $29 billion
Edward Johnson IV, brother of Fidelity CEO; $11.8 billion
Robert Kraft, owner of the New England Patriots; $11.1 billion
Elizabeth Johnson, sister of Fidelity CEO; $9.9 billion
Jim Davis, chairman of New Balance; $5.9 billion
Robert Hale, Jr., CEO of Granite Telecommunications; $5.4 billion
Amos Hostetter, Jr., Chair of Pilot House Associates; $3.5 billion
Frank Laukien, CEO of Bruker Corp.; $3.4 billion
Ted Alfond, heir of Dexter Shoe Company fortune; $3.1 billion
Bill Alfond, heir of Dexter Shoe Company fortune; $3.1 billion
Phillip T. (Terry) Ragon, founder of InterSystems; $3 billion
Herb Chambers, New England car dealership mogul; $2.6 billion
Alan Trefler, CEO of Pegasystems; $2.6 billion
John Fish, CEO of Suffolk Construction; $2.3 billion
Liesel Pritzker Simmons, Hyatt Hotel heiress; $1.5 billion
Timothy Springer, founding investor of Moderna; $1.5 billion
Jim Koch, chairman of the Boston Beer Company, makers of Samuel Adams beer; $1.4 billion
Noubar Afeyan, chairman and co-founder of Moderna; $1.4 billion
Seth Klarman, CEO and president of Baupost Group; $1.3 billion
Paul Fireman, former chairman of Reebok; $1.3 billion
Robert Langer, lauded engineer and a founder of Moderna; $1.2 billion

Billionaires in Connecticut

Steve Cohen, founder of Point72 Asset Management; $19.8 billion
Ray Dalio, founder of Bridgewater Associates; $15.4 billion
Karen Pritzker, Marmon and Hyatt hotels heiress; $6.1 billion
Todd Boehly, co-founder of holding company Eldridge; $6.1 billion
Brad Jacobs, chairman of transportation logistics company XPO; $4.1 billion
Doug Ostrover, co-CEO of investment firm Blue Owl; $2.8 billion
Vincent McMahon, former professional wrestling magnate; $2.6 billion
Stephen Mandel, Jr., founder of Lone Pine Capital; $2.5 billion
William Stone, founder of SS&C Technologies; $2.4 billion
Alexandra Daitch, Cargill heiress; $2 billion
Lucy Stitzer, chair of investment company Waycrosse; $2 billion
Clifford Asness, co-founder of AQR Capital Management; $1.8 billion
Mario Gabelli, chairman of mutual fund and investment firm Gamco; $1.8 billion
Michael Rees, co-president of Blue Owl; $1.7 billion
Dharmesh Shah, co-founder and chief technological officer of HubSpot; $1 billion

Billionaires in Rhode Island

Jonathan Nelson, executive chairman of Providence Equity Partners; $3.4 billion

Billionaires in Vermont

John Abele, co-founder of Boston Scientific; $1.9 billion

Anyone bumped off the list since 2021? New England’s 40 resident billionaires in 2021

Rin Velasco is a trending reporter. She can be reached at rvelasco@gannett.com.

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New Hampshire

Missing University of New Hampshire Student Found Deceased In Little Bay: Follow-Up

Published

1 hour ago

May 27, 2025

Press Room

Missing University of New Hampshire Student Found Deceased In Little Bay: Follow-Up

NEWINGTON, NH — The body of a missing UNH student was found in Newington on Friday, according to Durham police.

Alexis Garcia, 24, was reported missing to the Durham police on Nov. 21, 2024. About six days later, police issued a missing person report and asked for assistance from the public, according to press reports. On Nov. 26, 2024, his vehicle was found abandoned at the Scammell Bridge Rest Area. Police believed it had been there for two days before he disappeared. An extensive search was conducted attempting to find him.

Around 3:30 p.m. on Friday, Newington police reported a body located near the shoreline of Little Bay. A “subsequent investigation” and “evidence located with the body” led investigators to believe it was Garcia, Durham Deputy Chief David Holmstock said. On Sunday, the office of the chief medical examiner confirmed the body was Garcia, according to an autopsy.

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New Hampshire

On Memorial Day, NH honors sacrifice of soldiers, families

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19 hours ago

May 26, 2025

Press Room

On Memorial Day, NH honors sacrifice of soldiers, families

Monday was a somber Memorial Day for sisters Molly Darling and Wendy Lotz, who lost both of their parents late last year, but came to the ceremony at the Veterans Administration Hospital in Manchester to honor their memory. They each accepted a rose on behalf of their parents, Wells Darling and Mary Will Darling of Exeter, who were 96 and 94, respectively. Both parents had served in the Navy. …

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New Hampshire

What are the top states in the U.S.? Here’s where Vermont ranks

Published

2 days ago

May 26, 2025

Press Room

What are the top states in the U.S.? Here’s where Vermont ranks

Andrea Amico named among USA TODAY’s Women of the Year for New Hampshire

Andrea Amico, who sounded the alarm about toxic PFAS chemicals in contaminated drinking water, is one of USA TODAY’s Women of the Year.

Vermont is one of the ten best state in the U.S., according to a new ranking from U.S. News and World Report.

The Best States rankings look at eight categories: health care, education, natural environment, opportunity, economy, crime and corrections, infrastructure, and fiscal stability.

With top rankings in the crime and corrections and natural environment categories, U.S. News gave Vermont the seventh spot. That makes it the second best New England state, coming in behind New Hampshire which was ranked No. 2.

Why was Vermont ranked No. 7

Vermont ranked very high in several key metrics.

It was rated as the best state for opportunity, which looks at economic opportunity, affordability and equality It’s one of the safest states, coming in at No. 4 for crime and safety. And it doesn’t slack when it comes to the natural environment, coming in at No. 9. It also ranked No. 9 for infrastructure.

The main ranking pulling it down was fiscal stability, coming in at No. 41. It’s second lowest score was education, coming in at No. 23.

Why is New Hampshire ranked so high?

New Hampshire’s first place ranking in the crime and corrections category and fourth place ranking for natural environment helped propel the state to its second-place finish.

“The state’s natural beauty stands out more for its valleys, rivers, lakes and mountains than its mere 13 miles of Atlantic Ocean coastline,” said the report. “Its highest peak, Mount Washington, stands at 6,288 feet in the White Mountains, and Lake Winnipesaukee is its best-known inland resort.”

New Hampshire was also ranked 6^th in opportunity, which included a first-place ranking in economic opportunity and third-place in equality.

It’s worst category was fiscal stability, with a ranking of 37^th.

Gov. Kelly Ayotte said the ranking comes as “no surprise.”

“Today’s ranking is a testament to our dedicated law enforcement officers, hardworking business leaders, and energetic, independent people,” she said in a post on X, also emphasizing the state’s high public safety ranking. “Thank you to all those who protect and serve our communities each day. Together, we will ensure our state remains the safest in the nation.”

What is the best state in the country?

According to U.S. News and World Report, Utah is the best state in the country for the third year in a row.

It earned top 10 marks in five categories: fiscal stability, economy, infrastructure, education and crime and corrections.

The report said that Utah’s economy has become one of the most diverse in the U.S., giving it great strength in the fiscal-related categories.

“In the last two and a half decades, Utah’s economy has outperformed the nation, had greater strength, and when we’ve had downturns, we have been able to rebound much more quickly in our state,” said Natalie Gochnour, director of the Kem C. Gardner Policy Institute at the University of Utah.