Key Takeaways
- • Seven Connecticut residents ranked on the 2026 Forbes 400 list with combined net worth of $86.1 billion, led by Steve Cohen at No. 43 with $26.7 billion in net worth.
- • Ray Dalio ranks No. 62 nationally with $18.9 billion; Brad Jacobs No. 98 with $13.3 billion; Karen Pritzker No. 211 with $8.1 billion; Clifford Asness No. 215 with $8 billion; Stephen Mandel Jr. No. 301 with $5.7 billion; and Ratmir Timashev No. 315 with $5.4 billion.
- • America's 400 wealthiest individuals collectively hold $8 trillion in net worth as of September 4, 2026—a 21% increase from $6.6 trillion in the prior year—reflecting accelerating wealth concentration among the ultra-high-net-worth segment.
- • Forbes' 2026 methodology included direct interviews with billionaires, their financial advisors, asset managers, peers, and attorneys; net worths exclude debt and charitable donations but include all asset classes.
Summary
Seven Connecticut residents claimed positions on the 2026 Forbes 400 list of America's richest individuals, representing a significant concentration of ultra-high-net-worth individuals in a single state. The cohort's combined net worth reached $86.1 billion as of September 4, 2026, underscoring Connecticut's status as a wealth hub for hedge fund managers, family office principals, and alternative asset investors.
Steve Cohen topped Connecticut's ranking at No. 43 nationally with a net worth of $26.7 billion, making him the wealthiest state resident. Ray Dalio followed at No. 62 with $18.9 billion, reflecting his enduring position as a leading figure in systematic investment management. Brad Jacobs secured the third Connecticut position at No. 98 with $13.3 billion in net worth. The remaining four Connecticut billionaires—Karen Pritzker (No. 211, $8.1 billion), Clifford Asness (No. 215, $8 billion), Stephen Mandel Jr. (No. 301, $5.7 billion), and Ratmir Timashev (No. 315, $5.4 billion)—round out the state's representation.
The broader 2026 Forbes 400 data signals accelerating wealth concentration at the top tier. Collectively, America's 400 wealthiest individuals command $8 trillion in net worth, representing a substantial 21% increase from $6.6 trillion recorded in the prior year. Forbes' methodology for the ranking involved direct engagement with billionaires through in-person meetings, virtual interviews, and telephone conversations, supplemented by interviews with their employees, asset managers, financial advisors, peers, and legal representatives. The valuation framework encompasses all asset classes while excluding debt obligations and charitable donations, providing an aggregate measure of liquid and illiquid holdings as of the September 4 valuation date.
Steve Cohen topped Connecticut's ranking at No. 43 nationally with a net worth of $26.7 billion, making him the wealthiest state resident. Ray Dalio followed at No. 62 with $18.9 billion, reflecting his enduring position as a leading figure in systematic investment management. Brad Jacobs secured the third Connecticut position at No. 98 with $13.3 billion in net worth. The remaining four Connecticut billionaires—Karen Pritzker (No. 211, $8.1 billion), Clifford Asness (No. 215, $8 billion), Stephen Mandel Jr. (No. 301, $5.7 billion), and Ratmir Timashev (No. 315, $5.4 billion)—round out the state's representation.
The broader 2026 Forbes 400 data signals accelerating wealth concentration at the top tier. Collectively, America's 400 wealthiest individuals command $8 trillion in net worth, representing a substantial 21% increase from $6.6 trillion recorded in the prior year. Forbes' methodology for the ranking involved direct engagement with billionaires through in-person meetings, virtual interviews, and telephone conversations, supplemented by interviews with their employees, asset managers, financial advisors, peers, and legal representatives. The valuation framework encompasses all asset classes while excluding debt obligations and charitable donations, providing an aggregate measure of liquid and illiquid holdings as of the September 4 valuation date.
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