Richest billionaires in New York

Written by:
September 23, 2025
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Richest billionaires in New York

The first billionaire is generally considered to be John D. Rockefeller in 1916, though some argue it was Henry Ford in 1925.

Fast-forward some 100 years to 2021: As the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%.

While the United States has the most billionaires of any country, Americans are somewhat split on their feelings about the billionaire class. According to data from the Pew Research Center, the nation became somewhat more critical of billionaires between 2020 and 2021.

Although support for individual billionaires like Bill Gates is relatively strong, many Americans view the ultrarich—as a group rather than as individuals—negatively. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026.

The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker found the richest billionaires in New York, using data from Forbes. Net worth is as of Sept. 18, 2025.

#20. Michael Dorrell
- Net worth: $8.5 billion
- Source: Investing
- Industry: Finance & Investments
- Lives in: New York, New York

#19. David Shaw
- Net worth: $8.8 billion
- Source: Hedge funds
- Industry: Finance & Investments
- Lives in: New York, New York

#18. Bruce Kovner
- Net worth: $9.0 billion
- Source: Hedge funds
- Industry: Finance & Investments
- Lives in: New York, New York

#17. William Ackman
- Net worth: $9.3 billion
- Source: Hedge funds
- Industry: Finance & Investments
- Lives in: New York, New York

#16. Ken Langone
- Net worth: $9.5 billion
- Source: Investments
- Industry: Finance & Investments
- Lives in: Sands Point, New York

#15. Valerie Mars
- Net worth: $10.3 billion
- Source: Candy, pet food
- Industry: Food & Beverage
- Lives in: New York, New York

#14. Ramzi Musallam
- Net worth: $10.8 billion
- Source: Private equity
- Industry: Finance & Investments
- Lives in: New York, New York

#13. Jonathan Gray
- Net worth: $10.9 billion
- Source: Investments
- Industry: Finance & Investments
- Lives in: New York, New York

#12. Ralph Lauren & Family
- Net worth: $12.9 billion
- Source: Apparel
- Industry: Fashion & Retail
- Lives in: New York, New York

#11. Leon Black
- Net worth: $14.0 billion
- Source: Private equity
- Industry: Finance & Investments
- Lives in: New York, New York

#10. Henry Kravis
- Net worth: $15.9 billion
- Source: Private equity
- Industry: Finance & Investments
- Lives in: New York, New York

#9. Donald Newhouse
- Net worth: $17.1 billion
- Source: Media
- Industry: Media & Entertainment
- Lives in: New York, New York

#8. Israel Englander
- Net worth: $18.9 billion
- Source: Hedge funds
- Industry: Finance & Investments
- Lives in: New York, New York

#7. Rupert Murdoch & family
- Net worth: $23.8 billion
- Source: Newspapers, TV network
- Industry: Media & Entertainment
- Lives in: New York, New York

#6. Marilyn Simons & family
- Net worth: $32.5 billion
- Source: Hedge funds
- Industry: Finance & Investments
- Lives in: East Setauket, New York

#5. Alain Wertheimer
- Net worth: $38.8 billion
- Source: Chanel
- Industry: Fashion & Retail
- Lives in: New York, New York

#4. Gerard Wertheimer
- Net worth: $38.8 billion
- Source: Chanel
- Industry: Fashion & Retail
- Lives in: New York, New York

#3. Stephen Schwarzman
- Net worth: $54.8 billion
- Source: Investments
- Industry: Finance & Investments
- Lives in: New York, New York

#2. Julia Koch & family
- Net worth: $81.2 billion
- Source: Koch, Inc.
- Industry: Diversified
- Lives in: New York, New York

#1. Michael Bloomberg
- Net worth: $109.4 billion
- Source: Bloomberg LP
- Industry: Finance & Investments
- Lives in: New York, New York

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