How Many Billionaires Live in New Jersey?
New Jersey has a small but notable group of billionaires. The exact number changes each year as fortunes grow or shrink. Recent Forbes and Bloomberg tallies place the state in the low single digits to around a dozen, depending on the list and date used.
Where Do New Jersey's Billionaires Come From?
Most billionaires in the state built wealth in pharmaceuticals, healthcare, finance, and private equity. Others gained fortunes through real estate, media, and technology investments tied to the New York metro area.
How Is the Billionaire Count Measured?
Organizations like Forbes and Bloomberg track net worth using public filings, asset estimates, and interviews. Their rankings can differ because of varying methods, timing, and asset valuations.
