New Jersey
New Jersey home to three billionaries on Forbes 400 list of richest people in US

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Besides music icons like Whitney Houston and Bruce Springsteen, New Jersey is also home to a few billionaries.
Three to be exact!
And the three belong to an elite club on Forbes’ list of the 400 Richest People in America for 2024.
The business magazine yearly edition collects snapshots of each member’s wealth in September and releases estimates of their net worth to determine who makes the list, according to the report.
As it turns out, these 400 billionaires are raking in the dough with a combined net worth of $5.4 trillion up $1 trillion from 2023 and a dozen have $100 billion-plus fortunes. The report also stated that for entry to this exclusive club a minimum net worth of $3.3 billion was required for 2024 which is up from the $400 million admission from 2023.
Two billionaires from the Garden State cracked the top 200 list and all three have a combined estimated net worth of $18.4 billion.
New Jersey richest residents: 2024
Here’s what Forbes editors wrote about the Garden State billionaires:
John Overdeck: $7.4 billion
No. 160: John Overdeck is the richest resident in New Jersey with an estimated net worth of $7.4 billion. He is the cofounder of Two Sigma, a quantitative investing powerhouse with $60 billion in assets under management. In high school he was a math prodigy who won a silver medal at the International Mathematical Olympiad at age 16 and has given $380 million through his family’s charitable foundation, which supports education. Overdeck also chairs Princeton’s Institute for Advanced Study.
Rocco Commisso: $6.4 billion
No. 200: Rocco Commisso is second richest resident in New Jersey and has an estimated net worth of $6.4 billion. He is the founder and CEO of the cable company Mediacom. At the age of 12 Commisso immigrated to America from Italy in 1962. In high school he earned a full scholarship to Columbia University, in which the soccer stadium bears his name in recognition of his donations to the school.
Peter Kellogg: $4.6 billion
No. 288: Peter Kellogg is the third richest resident in New Jersey and has an estimated net worth of $4.6 billion. He held a leadership position at the brokerage house Spear, Leeds & Kellogg several years after joining in 1973. In 2000, he sold the brookerage house to Goldman Sachs for $6.5 billion in cash and stock. He was also the CEO of IAT, until 2015 and still chairs. Kellogg has donated more than $4 million to the U.S. ski and snowboarding teams.

New Jersey
South Jersey will play a major role in New Jersey’s 2025 governor’s race

From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know!
The 2021 New Jersey gubernatorial election was not supposed to be that close.
A week before the general election, polling consistently showed Democratic incumbent Phil Murphy with a solid lead over Republican challenger Jack Ciattarelli.
On Election Day, Ciattarelli nearly pulled off an upset. But, Murphy managed to squeak through with 3% more votes in a low-turnout election, becoming the first Democrat since 1977 to win a second term.
In 2025, with Ciattarelli attempting his third run for governor, and former Senate President Steve Sweeney hoping his home base will propel him to the Democratic nomination, South Jersey is no longer a pit stop on the campaign trail. In fact, it could be the key to winning the general election.
Ciattarelli’s 2021 run stirred up Republican excitement
Political analysts credit a surge of voters in Republican-leaning counties for helping Ciattarelli get close to victory, particularly in South Jersey. The Republican was able to flip three counties that went for Murphy in 2017: Atlantic, Cumberland and Gloucester counties.
Four years ago, as he was doing a campaign stop at the New Italy American Society in Vineland, Cumberland County, Ciattarelli told the audience “no gubernatorial candidate has spent more time in South Jersey” than him. Vineland Mayor Anthony Fanucci said Ciattarelli has continued to visit the region since his last gubernatorial run.
“Jack has a special place in people’s hearts down here, because he’s paid more attention than anyone that I can remember in my history of being not just an elected official, but living in New Jersey,” he said.
Fanucci said he supported Ciattarelli in 2021 and is “gladly” endorsing him again this year. He said the former assemblyman took time to familiarize himself with issues of importance to South Jersey, such as tourism, agriculture, infrastructure and economic development, as well as many others.
“I know he won’t forget the south, let alone anywhere else in the state,” Fanucci added.
Before Ciattarelli, the last time the Rev. Benjamin Ocasio Sr. remembered a gubernatorial candidate visiting Vineland was when former Gov. Chris Christie was running for a second term in 2013. He feels throughout the years that other candidates have “forgotten that there is a South Jersey.”
Ocasio, pastor of the Rock of Salvation Church in Vineland, said he also saw Republican candidate Bill Spadea this year. But he would like to see statewide leaders visit the area more often, though understands their schedules being set in advance.
“Obviously, I get to see my mayor, and I get to see the city council, and they do try to pop in to different affairs,” he said.
New Jersey
In New Jersey, Juneteenth is celebrated on a different day. Here’s why

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Every year, on June 19, Americans celebrate the end of slavery.
The day is known as Juneteenth, a blend of the words “June” and “nineteenth.” It refers to June 19, 1865 — the day when news of emancipation finally reached Texas, the last place to learn about the abolition of slavery proclaimed by President Abraham Lincoln two years earlier.
But this year in New Jersey, Juneteenth is set to be observed on June 20, not on June 19. Here’s why.
When is Juneteenth celebrated in New Jersey?
In June 2020, Gov. Phil Murphy signed into law the incorporation of Juneteenth as one of the state’s holidays, to be celebrated on the third Friday of June.
This happened a year before President Joe Biden would do the same at the federal level. Back then, Biden declared Juneteenth a federal holiday to be celebrated on June 19th every year, regardless of what day of the week it falls on.
This has resulted is some confusion as to when the day should be celebrated.
In New Jersey, state offices and courts will be closed on Friday, June 20, but public federal workers and many employees at private companies will have Thursday, June 19 off.
New Jersey
Families pack Ocean City, New Jersey for final shore day of long holiday weekend

OCEAN CITY, N.J. (WPVI) — People were milking the last hours of sunshine at the shore as the Memorial Day weekend came to an end.
In Ocean City, families lined the boardwalk for their favorite treats and attractions.
“I got the Manco & Manco, that’s some good stuff right there,” said Abel Cortes from Vineland, New Jersey. “It’s been just a nice day for ourselves, relaxing and ending the weekend.”
Visitors say they came not only for the food but also for the nostalgia.
“Every year on Memorial Day we come down to Ocean City to enjoy the Boardwalk, and if the day is warm, we get in the water,” said Eileen Clark of Williamstown, New Jersey.
It was a great day at the shore Monday to wrap up Memorial Day Weekend 2025.
In Ocean City, beach season also means the kick-off to summer tourism.
Shaina Faith, a returning Boardwalk musician, says she is excited for what this year has in store.
“It’s been fantastic. A lot of people. A lot of good energy, too. I stay for like three hours a day,” said Faith.
While many say Monday wasn’t the preferred 80-degree temperature, it was the perfect start to the scenic summer.
“It was pretty good. Nice and quiet and relaxing. I love it,” said Evelyn Cortes of Vineland, New Jersey.
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