Six N.J. Billionaires Make Forbes 400 Richest List

Six New Jersey billionaires have made Forbes list of the 400 richest people around the United States.

David Tepper, a hedge fund manager who has given thousands of dollars to New Jersey schools, tops the list at a net worth of $11.6 billion.

He’s followed by Donald Newhouse, who, along with his brother Samuel, owns Advance Publications, a media company that publishes The Star-Ledger.

There are no new aces at the top of the country’s billionaire heap: Microsoft co-founder Bill Gates, Berkshire Hathaway’s Warren Buffett and Oracle’s Larry Ellison are the leaders. Again.

But making the Forbes 400 was tougher this year.

“Admission to the list starts at a record $1.7 billion, up $150 million from a year ago,” Forbes wrote. “It’s a high bar that 145 U.S. billionaires failed to clear. Still, 25 newcomers debut thanks to hot stocks, big deals and rising property values. And even in a volatile year, these titans climbed higher to a collective $2.34 trillion.

Here is the full list of Pennsylvania billionaires:

38. David Tepper, $11.6 billion, Livingston, hedge funds

45. Donald Newhouse, $10.6 billion, Somerset County, media

182. Leon G. Cooperman, $3.4 billion, Short Hills, hedge funds

182. Peter Kellogg, $3.4 billion, Short Hills, investments

234. John Overdeck, $2.8 billion, Millburn, hedge funds

293. Larry Robbins, $2.3 billion, Alpine, hedge funds

Photo: David Tepper