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The basics:

• Six New Jersey residents appear on Forbes‘ 2026 World’s Billionaires list, led by John Overdeck with estimated $8B fortune
• List reached record 3,428 billionaires worth $20.1T, up from $16.1T last year
• Music icon Bruce Springsteen ranks No. 3,017 with estimated $1.2B net worth.
• AI-driven stock market gains helped boost fortunes, average billionaire wealth rose to $5.8B

Six billionaires from New Jersey are among the wealthiest people in the world, according to a newly released ranking from Forbes.

Altogether, the publication’s 40th annual World’s Billionaire’s list features a record 3,428 entrepreneurs, investor and heirs worth $20.1 trillion. That’s up from last year’s compilation of 3,028 individuals with an estimated worth of $16.1 trillion.

Forbes Senior Editor of Wealth Chase Peterson-Withorn described it as “the year of the billionaire.”

“The planet added more than one billionaire per day over the past twelve months as the AI-powered stock market boom boosted fortunes to previously unimaginable heights,” he said.

Between 2025 and 2026, the average fortune grew from $5.3 billion to $5.8 billion, Forbes said. The publication noted that 67% of list makers are self-made billionaires.

Altogether, the U.S. has the most billionaires, followed by China and India. The age range of the top 25 richest people runs from 41 (Mark Zuckerberg) to 95 (Warren Buffet).

Numbers for the compilation were calculated using March 1 stock prices and exchange rates. Forbes said it also reviewed other materials, such as shares in publicly traded companies and investments, to determine the ranking.

The richest people from New Jersey on the Forbes’ World’s Billionaire’s list:

• No. 455: John Overdeck of Millburn, $8 billion
  Co-founder of New York City-headquartered hedge fund Two Sigma
• No. 780: Peter Kellogg of Short Hills, $5.4 billion
  Former leader of Wall Street brokerage house Spear, Leeds & Kellogg and controller shareholder of IAT Reinsurance
• No. 1,325: Brian Venturo of Cedar Grove, $3.2 billion
  Co-founder and chief strategy officer of Livingston-based cloud computing company CoreWeave
• No. 1,913: Larry Robbins of Alpine, $2.2 billion
  Founder and CEO of New York City hedge fund Glenview Capital Management
• No. 2,274: Duncan MacMillan of Princeton, $1.8 billion
  Co-founder of financial data and media company Bloomberg LP
• No. 3,017: Bruce Springsteen of Colts Neck, $1.2 billion
  Jersey-grown, Grammy-winning rock star

These billionaires don’t currently live here but have ties to the state:

• No. 109: David Tepper, $23.7 billion
  Hedge-fund leader and founder of Appaloosa Management
• No. 190: Donald Newhouse, $15.3 billion
  Owner of broadcasting empire Advance Publications, the parent company of The Star Ledger/NJ Advance Media
• No. 341: Josh Harris, $10 billion
  Co-founder of alternative investment firm Apollo Global Management; and co-founder of Harris Blitzer Entertainment, owner of the New Jersey Devils, Philadelphia 76ers and Prudential Center

Here are the top 10 richest people in the world, according to Forbes:

• No. 1: Elon Musk, $839 billion
  Co-founder and CEO of Tesla and SpaceX
• No. 2: Larry Page, $257 billion
  Co-founder of Google and former CEO of its parent company
• No. 3: Sergey Brin, $237 billion
  Co-founder of Google and former president of Alphabet
• No. 4: Jeff Bezos, $224 billion
  Founder of Amazon
• No. 5: Mark Zuckerberg, $222 billion
  Co-founder of Facebook and CEO of Meta
• No. 6: Larry Ellison, $190 billion
  Co-founder, chairman and chief technology officer of software giant Oracle
• No. 7: Bernard Arnault and family, $171 billion
  Founder and CEO of luxury goods conglomerate LVMH
• No. 8: Jensen Huang, $154 billion
  Founder, president and CEO of chipmaker NVIDIA
• No. 9: Warren Buffet, $149 billion
  Investor, CEO and chairman of Berkshire Hathaway
• No. 10: Amancio Ortega, $148 billion
  Founder of clothing retailer Inditex, which sells brands like Zara

No. 47 at No. 645

President Donald Trump’s estimated worth of $6.5 billion places him at No. 645 on Forbes’ list.

The publication wrote, “Trump … is an estimated $1.4 billion richer this year, thanks mainly to raking in crypto profits during his first year back in office and his half-billion dollar New York civil fraud judgment being thrown out.”

Among the record 390 newcomers on this year’s list include celebrities like hip-hop legend Dr. Dre, pop star Beyonce and tennis great Roger Federer.

Trump … is an estimated $1.4 billion richer this year, thanks mainly to raking in crypto profits during his first year back in office and his half-billion dollar New York civil fraud judgment being thrown out.
—Forbes

They join big names like Steven Spielberg, George Lucas and Oprah Winfrey, who debuted on Forbes’ billionaires list in the 1990s and early 2000s, and more recent additions such as Kim Kardashian, Taylor Swift and Rihanna.

Another major trend is the surge of fortunes tied to artificial intelligence, with dozens of new billionaires and many of the $100 billion–plus “centibillionaires” benefiting from AI-driven growth, according to Forbes.

Although the ranking is still dominated by men, women continue to make slow and steady gains. Between 2024 and 2026, women have increased their representation on the list from 13.3% to 14%.

Three-quarters of these female billionaires inherited their fortunes. That includes the richest woman in the world for the second year running: retail giant Walmart heir Alice Walton, who is worth an estimated $134 billion.