Richest Billionaires in New York

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Credit: Olof Nyman

Written by Stacker

The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. While the U.S. is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-rich—as a group rather than as individuals—negatively. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026.

The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker compiled a list of the richest billionaires that are residents of New York, using data from Forbes. Billionaires are ranked by net worth as of July 31. Forbes lists 132 billionaires in New York.

#20. David Siegel
- Net worth: $6.5 billion (#368 wealthiest in the world)
- Residence: Scarsdale, New York
- Source of wealth: hedge funds, Self Made

#19. Ralph Lauren
- Net worth: $6.7 billion (#357 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: apparel, Self Made

#18. Stanley Druckenmiller
- Net worth: $6.8 billion (#347 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: hedge funds, Self Made

#17. David Shaw
- Net worth: $7.5 billion (#300 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: hedge funds, Self Made

#16. Henry Kravis
- Net worth: $7.9 billion (#276 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: private equity, Self Made

#15. Stephen Ross
- Net worth: $8.2 billion (#252 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: real estate, Self Made

#14. Valerie Mars
- Net worth: $8.2 billion (#247 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: candy, pet food

#13. Leon Black
- Net worth: $8.4 billion (#239 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: private equity, Self Made

#12. George Soros
- Net worth: $8.6 billion (#225 wealthiest in the world)
- Residence: Katonah, New York
- Source of wealth: hedge funds, Self Made

#11. Chase Coleman III
- Net worth: $10.3 billion (#183 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: investments, Self Made

#10. Israel Englander
- Net worth: $11.5 billion (#162 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: hedge funds, Self Made

#9. Donald Newhouse
- Net worth: $12.4 billion (#149 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: media

#8. Rupert Murdoch & family
- Net worth: $18.5 billion (#85 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: newspapers, TV network

#7. Leonard Lauder
- Net worth: $23.7 billion (#59 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: Estee Lauder

#6. Jim Simons
- Net worth: $28.6 billion (#47 wealthiest in the world)
- Residence: East Setauket, New York
- Source of wealth: hedge funds, Self Made

#5. Gerard Wertheimer
- Net worth: $29.7 billion (#43 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: Chanel

#4. Alain Wertheimer
- Net worth: $29.7 billion (#43 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: Chanel

#3. Stephen Schwarzman
- Net worth: $31.6 billion (#38 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: investments, Self Made

#2. Julia Koch & family
- Net worth: $56.6 billion (#21 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: Koch Industries

#1. Michael Bloomberg
- Net worth: $76.8 billion (#13 wealthiest in the world)
- Residence: New York, New York
- Source of wealth: Bloomberg LP, Self Made

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