In the shadow of a financial meltdown that was the worst in memory, for richer and for poorer, eight Fairfield County residents were included on the Forbes 400 list of the wealthiest people in the United States.
Steven Cohen, a Greenwich resident who controls Stamford-based SAC Capital Advisors, topped locals on the list at 36th with an estimated worth of $8 billion.
Seven of the eight on the list made the bulk of their money in hedge funds or other investment vehicles, with only Subway co-founder Peter Buck of Danbury doing so via an operating company, with Buck”™s $1.6 billion in assets placing him at 301st on the Forbes 400.
Others on the list included:
78. Ray Dalio, Bridgewater Associates, $4.5 billion;
123. Paul Tudor Jones, Tudor Investments, $3.3 billion;
134. Edward Lampert, ESL Investments, $3 billion;
227. Stephen Mandel, Lone Pine Capital, $2 billion;
355. Richard Chilton, Chilton Investment Co., $1.4 billion; and
377. William Macaulay, First Investment Corp., $1.3 billion;
The lone other Connecticut resident to make this list was Karen Pritzker, a New Haven investor whose family made a fortune running Hyatt Corp. and other companies.
Microsoft Corp. chairman Bill Gates topped the list with an estimated worth of $57 billion, followed by Berkshire Hathaway Inc. CEO Warren Buffett at $50 billion.
