7 Long Island Residents Make List of Richest Americans

7 Long Island Residents Make List of Richest Americans 

Posted: 8:00 am Friday, October 5th, 2018

By mjonbli

100.jpgObviously, Amazon founder & CEO Jeff Bezos has topped the list of the 400 richest Americans.  According to Forbes, the minimum net worth to even be considered for the list is $2.1 billion, the highest being a record high $2.9 TRILLION! 7 Long Islanders are among that list.

23: Jim Simons, net worth $20 billion (hedge funds) — East Setauket
Simons retired from Renaissance Technologies Corp., a hedge fund firm he founded, in 2010, but still plays an active role there. A codebreaker during the Vietnam War, Simons founded Renaissance in 1982 and used computer modeling to find better liquid securities.

88: Katharine Rayner and Margaretta Taylor, net worth $6.2 billion (media, automotive) — the Hamptons
Taylor, Rayner and their brother, James Cox Chambers, are the heirs to the Cox fortune. Their grandfather founded Cox Enterprises, an automotive and media conglomerate. The two sisters are not involved with the business, and mainly focus on philanthropy.

109: Charles Dolan and family, net worth $5.7 billion (cable television) — Oyster Bay
Dolan is the former owner of Cablevision, which he sold last year for $17.7 billion. Dolan is still an influential figure locally, and owns stakes in the New York Knicks, the New York Rangers, Madison Square Garden and AMC Networks.

168: Julian Robertson, Jr., net worth $4.3 billion (hedge funds) — Locust Valley
Robertson founded Tiger Management in 1980 and became one of the most successful hedge fund managers in the world. He built a sizeable fortune through deals overseas, and also runs a charity, the Tiger Foundation.

207: Ken Langone, net worth $3.7 billion (investments) — Sands Point
Langone was an early investor in Home Depot and is considered a cofounder of the retail chain. He makes investments in tech and industrial companies.

259: Don Vultaggio, net worth $3.1 billion (AriZona Beverages) — Port Washington
The co-founder of Arizona Beverages, Vultaggio made his fortune selling 99 cent cans of iced tea. He got his start selling beer and soda out of the back of a van in the neighborhoods of Brooklyn where no one else wanted to go. He launched Arizona in 1992, which now sells about 3 billion containers of product a year.