3 Short Hills Residents Rank On 'Wealthiest New Jerseyans' List

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Three Short Hills residents were among the “50 Wealthiest New Jerseyans” in a NJBiz report.

The publication named 71-year-old Leon Cooperman as the 6th richest person in New Jersey, ahead of notables such as Jon Stewart, Bruce Springsteen and Mary Higgins Clark.

According to the report, he gained his estimated $3.7 billion net worth through “hedge funds.”

Also named in the report:

• #8 – Peter Kellogg, 72, who is worth $3.4 billion (investments)
• #14 – John Overdeck, 45, who is worth $1.2 billion (investments)

To reach their conclusion, NJBiz used sources such as news reports, Securities and Exchange Commission filings and reported sales prices of companies the person had investments in.

Learn more about the study’s methodology and see the complete list here.

• See related article: Leon and Toby Cooperman Family Foundation Donates $25 Million
• See related article: Two of the Richest Men in America Live in Short Hills