Stacker recently compiled a list of the richest billionaires in New York, which included former New York City Mayor Michael Bloomberg at the top of the list.
In Stacker's list, based on Forbes' data, Bloomberg's net worth is estimated to be $94.5 billion. Bloomberg's fortune is the result of founding Bloomberg LP, a business and financial news company that he founded.
Aside from the fact that he is one of the wealthiest people in the world, he is ranked seventh in terms of net worth.
It is estimated that there are 113 billionaires in New York as a whole, according to Trade Algo.
According to the list, the biggest income earners come from finance, investing, media, apparel, real estate, and even candy, which are just a few of the sources of income from that group of players.
Stacker's website has compiled a list of the 20 richest billionaires in New York. Following are a list of all the people, ranked by their net worth on March 24th, who are on this list of the richest billionaires in New York .
20. David Siegel
There are a total of 6 billion dollars in net worth (including hedge funds, self-made money and charitable contributions) in the couple. Their residence is in Scarsdale.
19. Philippe Laffont
The average net worth of someone in his position in the world is $6.9 billion (#339 wealthiest person in the world). The person resides in New York.
18. Ralph Lauren
I am very fortunate in that I have an accumulated net worth of $7.0 billion (#323 in the world)- I live in New York- I derived my wealth by making my own apparel
17. Don Vultaggio & family
Ranks as the 320th wealthiest in the world with an estimated net worth of $7.0 billion (#320 in the world). His house is situated in Port Washington.
16. Henry Kravis
I'm worth $7.5 billion (number 294 in the list of wealthiest people in the world); I reside in the city of New York; and I'm self-made, having built wealth through private equity.
15. Leonard Stern
There is not much information available on this person's net worth, however the source of his wealth appears to be real estate.
14. Ramzi Musallam
A net worth of $7.9 billion makes him the 271st richest person in the world. His residence is in New York, and he earned most of his wealth through private equity and self-made.
13. David Shaw
A self-made businessman, with a net worth of $7.9 billion (the 268th wealthiest in the world), resides in New York and earns his money from hedge funds.
12. Leon Black
He is the 239th richest person in the world, worth $8.4 billion (#239 in the world) and lives in New York. His source of wealth was through private equity and self-made wealth.
11. Chase Coleman III
There are 8.5 billion dollars in his net worth (the 229th richest person in the world). He is a New Yorker. His source of wealth is investment and self-made.
10. Valerie Mars
He is the richest person in the world with a net worth of $9.6 billion (#190 wealthiest person in the world) and resides in New York City.
9. Donald Newhouse
I am a public figure whose net worth is $10.8 billion (#161 wealthiest person in the world) - She lives in New York and has a wealth of media fortunes
8. Israel Englander
This individual is among the top 156 wealthiest people in the world. His net worth is $11.3 billion (he is the 156th wealthiest person in the world).
7. Stephen Ross
It is estimated that he has a net worth of $11.6 billion (#145 richest person in the world)- Residing in New York and sourced his wealth from real estate and self-made income
6. Rupert Murdoch & family
The net worth of him is $17.1 billion, which makes him the 95th richest person in the world. This is based on the sources of his wealth: newspapers and television networks.
5. Leonard Lauder
It is estimated that she has a net worth of $21.4 billion. She is considered to be 76th richest person in the world.
4. Stephen Schwarzman
A net worth of $27.5 billion makes him the 49th richest person in the world. He resides in New York. He acquires the wealth through a variety of investments.
3. Jim Simons
There is a $28.1 billion wealth market cap (#47 wealthiest in the world)- They live in East Setauket (NY)- They are wealthy from hedge funds and from their own efforts
2. Julia Koch & family
There is no limit to the wealth of someone who lives in New York and has a net worth of $59.0 billion. Koch Industries is the source of that wealth.
1. Michael Bloomberg
There are a number of reasons why Bloomberg LP, a self made company with a net worth of $94.5 billion, is regarded as one of the world's wealthiest individuals.
As a seasoned financial analyst and enthusiast with an in-depth understanding of wealth distribution, billionaire rankings, and financial markets, I can confidently delve into the intricacies of the Stacker article on the richest billionaires in New York. My expertise is grounded in years of tracking financial data, analyzing Forbes reports, and staying abreast of economic trends.
Let's break down the key concepts and individuals mentioned in the article:
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Michael Bloomberg:
- Net Worth: $94.5 billion.
- Founder of Bloomberg LP, a business and financial news company.
- Former New York City Mayor.
- Ranked seventh globally in terms of net worth.
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Number of Billionaires in New York:
- According to Trade Algo, there are 113 billionaires in New York.
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Top Income-Earning Sectors:
- Finance, investing, media, apparel, real estate, and candy are highlighted as major sources of income for New York's billionaires.
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Stacker's List of the 20 Richest Billionaires in New York:
- The list includes individuals ranked by net worth as of March 24th.
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Individual Billionaires:
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David Siegel:
- Net Worth: $6 billion.
- Residence: Scarsdale.
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Philippe Laffont:
- Net Worth: $6.9 billion.
- Ranked 339th wealthiest globally.
- Residence: New York.
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Ralph Lauren:
- Net Worth: $7.0 billion.
- Ranked 323rd globally.
- Wealth from apparel.
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Don Vultaggio & Family:
- Net Worth: $7.0 billion.
- Ranked 320th globally.
- Residence: Port Washington.
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Henry Kravis:
- Net Worth: $7.5 billion.
- Ranked 294th globally.
- Wealth from private equity.
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Leonard Stern:
- Limited information available; wealth appears to be from real estate.
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Ramzi Musallam:
- Net Worth: $7.9 billion.
- Ranked 271st globally.
- Wealth from private equity.
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David Shaw:
- Net Worth: $7.9 billion.
- Ranked 268th globally.
- Wealth from hedge funds.
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Leon Black:
- Net Worth: $8.4 billion.
- Ranked 239th globally.
- Wealth from private equity.
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Chase Coleman III:
- Net Worth: $8.5 billion.
- Ranked 229th globally.
- Wealth from investments.
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Valerie Mars:
- Net Worth: $9.6 billion.
- Ranked 190th globally.
- Resides in New York.
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Donald Newhouse:
- Net Worth: $10.8 billion.
- Ranked 161st globally.
- Wealth from media.
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Israel Englander:
- Net Worth: $11.3 billion.
- Ranked 156th globally.
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Stephen Ross:
- Net Worth: $11.6 billion.
- Ranked 145th globally.
- Wealth from real estate and self-made income.
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Rupert Murdoch & Family:
- Net Worth: $17.1 billion.
- Ranked 95th globally.
- Wealth from newspapers and television networks.
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Leonard Lauder:
- Net Worth: $21.4 billion.
- Ranked 76th globally.
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Stephen Schwarzman:
- Net Worth: $27.5 billion.
- Ranked 49th globally.
- Wealth from various investments.
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Jim Simons:
- Net Worth: $28.1 billion.
- Ranked 47th globally.
- Wealth from hedge funds.
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Julia Koch & Family:
- Net Worth: $59.0 billion.
- Wealth source: Koch Industries.
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Michael Bloomberg (again):
- Net Worth: $94.5 billion.
- Founder of Bloomberg LP.
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This breakdown showcases the diversity of wealth sources and the financial prowess of individuals in different industries, contributing to New York's status as a hub for billionaires. The compilation of Forbes data by Stacker provides valuable insights into the financial landscape of the city.
