These Hudson Valley Billionaires Are Among World’s Richest: Forbes

HUDSON VALLEY, NY — Those on the world’s billionaires list, which includes Hudson Valley residents, aren’t as flush as they were a year ago, but collectively are still worth $12.2 trillion, Forbes said with the release of its annual list.

That’s down from $12.7 trillion last year. Nearly half the list is less wealthy than a year ago, including Elon Musk, who lost his No.1 spot after shares in Tesla fell when he bought Twitter. Musk is now No.2 on the list and was worth $192.8 billion Wednesday morning after having made about $12.8 billion since Tuesday.

Twenty-eight people fell off the list altogether, with the number of people with 10-figure fortunes now at 2,640. The United States has the most billionaires of any country — 735 people collectively worth $4.5 trillion. Overall, Forbes attributed the loss of wealth to falling stock markets, especially in the technology sector, and rising interest rates.

To calculate net worth, Forbes used stock prices and exchange rates from March 10 to determine the ranking, but updates wealth in real time. Below are the Hudson Valley billionaires who made the list:

• Nelson Peltz, Bedford
  • Founder of investment firm Trian Fund Management
  • Worth $1.5 billion, ranked No. 1898 in world
• Thomas Secunda, Croton-on-Hudson
  • Cofounder of financial services and media company Bloomberg LP.
  • Worth $4.7 billion, ranked No. 573 in world
• George Soros, Katonah
  • Hedge fund tycoon who managed money until 2011.
  • Worth $6.7 billion, ranked No. 365 in world
• Jeffrey Talpins, Larchmont
  • Runs the hedge fund firm Element Capital Management
  • Worth $3.3 billion, ranked No. 868 in world
• David Lichtenstein, Monsey
  • Real estate mogul who is chairman and CEO of Lightstone
  • Worth $1.9 billion, ranked No. 1568 in world
• Michael Steinhardt, Mount Kisco
  • Former board chairman of hedge fund WisdomTree Investments.
  • Worth $1.2 billion, ranked No. 2216 in world
• James Dinan, North Salem
  • Founded York Capital Management in 1991, and is chairman, CEO and managing partner of the firm.
  • Worth $1.9 billion, ranked No. 1645 in world
• James Chambers, Palisades
  • Inherited 17% stake in communications, media and automotive conglomerate Cox Enterprises.
  • Worth $5.5 billion, ranked No. 485 in world.
• Amy Goldman Fowler, Rhinebeck
  • One of four siblings who split ownership of real estate firm Solil Management, which owns 400 properties.
  • Worth $2 billion, ranked No. 1559 in world
• David Siegel, Scarsdale
  • Cofounder of the hedge fund Two Sigma.
  • Worth $6.8 billion, ranked No. 371 in world.
• Leonard Schliefer, Tarrytown
  • Cofounded drugmaker Regeneron and remains CEO of the Tarrytown company
  • Worth $2.8 billion, ranked No. 1100 in world
• George Yancopoulos, Yorktown
  • Chief scientific officer at biotech firm Regeneron.
  • Worth $1.8 billion, ranked No. 1754 in world.

With Musk’s slip from the No. 1 position, Bernard Arnault, who heads luxury goods giant LVMH, tops the list as the richest person in the world.

It’s the first time a citizen of France has led the ranking, whose top 10 includes seven U.S. billionaires. Besides Musk, they are (net worth is reflected as of Wednesday and may not align exactly with their placement on the list):

• Jeff Bezos, Amazon, worth $126.9 billion;
• Larry Ellison, Oracle, worth $118.9 billion;
• Bill Gates, Bill and Melinda Gates Foundation, worth $109.9 billion;
• Warren Buffett, Berkshire Hathaway, worth $107.4 billion;
• Michael Bloomberg, Bloomberg Inc., worth $95.4 billion; and
• Steve Balmer, Microsoft, worth $90.1 billion.

Correction: The original version of this article mistakenly omitted six billionaires from the list. This article has been updated to include them.