Oyster Bay, Locust Valley Residents Among Richest Americans

An Oyster Bay and a Locust Valley resident made the Forbes 400 list of wealthiest Americans.

Of the 400 richest Americans on the list, seven live on Long Island.

Charles Dolan and family from Oyster Bay was No. 109 on the list with a net worth of $5.7 billion. Dolan is the former owner of Cablevision, which he sold last year for $17.7 billion. Dolan is still an influential figure locally, and owns stakes in the New York Knicks, the New York Rangers, Madison Square Garden and AMC Networks.

Locust Valley resident Julian Robertson, Jr. was No. 168 on the list with a net worth of $4.3 billion. Robertson founded Tiger Management in 1980 and became one of the most successful hedge fund managers in the world. He built a sizeable fortune through deals overseas, and also runs a charity, the Tiger Foundation.

Find out which other Long Island residents made the list here.

Amazon founder and CEO Jeff Bezos is at the top of yet another list of billionaires, this time the Forbes 400 list of wealthiest Americans. The list, released Wednesday, puts Bezos ahead of his Washington-area neighbor, Bill Gates, who had been at the top since 1994.

Bezos was also at the top of Forbes' billionaires list, which was released in March. He dethroned Gates on that list as well.

The 400 richest Americans have a massive amount of wealth. According to Forbes, the minimum net worth needed to join the list in 2018 was $2.1 billion, the highest amount ever for admission. In all, Forbes says the net worth of the 400 was a record high of $2.9 trillion and half of that belongs to just the 45 richest people in the country.

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