A Patch report by **Nicole Rosenthal** says that **two New Jersey billionaires** made the latest **Forbes 400**, the magazine’s annual list of the 400 richest people in the United States. Together, their wealth totals **$11.9 billion**.
The two New Jersey residents named on the list are:
– **John Overdeck** of **Millburn**, with a net worth of **$7.4 billion**
– **Rocco Commisso** of **Saddle River**, with a net worth of **$4.5 billion**
According to the article, Forbes said the minimum net worth needed to make the 2024 Forbes 400 rose to **$3.3 billion**, up from **$2.9 billion** the year before. Forbes also reported that the combined wealth of everyone on the list reached a record **$5.4 trillion**, which was up **nearly $1 trillion** from 2023.
The article notes that the richest person in the country was **Elon Musk**, with a net worth of **$244 billion**, followed by **Jeff Bezos** at **$197 billion**, **Mark Zuckerberg** at **$181 billion**, **Larry Ellison** at **$174 billion**, and **Warren Buffett** at **$150 billion**.
Patch also reported that people tied to **New Jersey’s neighboring states** appeared on the list as well. In **New York**, billionaires included **Julia Koch and family** at **$74.2 billion**, **Stephen Schwarzman** at **$42.9 billion**, **Michael Bloomberg** at **$104.7 billion**, and **Rupert Murdoch and family** at **$21.9 billion**. In **Pennsylvania**, those listed included **Jeff Yass** at **$49.1 billion**, **Victoria Mars** at **$11.5 billion**, **Brian Roberts** at **$10.8 billion**, and **Richard Hayne** at **$7.8 billion**.
Rosenthal’s article highlights how exclusive the Forbes 400 has become as the wealth threshold continues to rise, leaving only a small number of New Jersey residents on the national ranking.
Source: Nicole Rosenthal, Patch.
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https://patch.com/new-jersey/across-nj/2-nj-billionaires-worth-combined-11-9b-make-exclusive-forbes-400
