Key Takeaways
- • Steve Cohen, founder and CEO of Point72 Asset Management and owner of the New York Mets, retained the No. 1 spot on Forbes' Richest Person in Every State list for 2026 with a net worth of $26.7 billion, up from $21.3 billion in 2025.
- • Cohen ranks No. 43 nationally and No. 89 globally, according to Forbes.
- • The seven Connecticut billionaires on the list are worth a combined $86 billion, while America's 400 wealthiest people are worth a record $8 trillion, up from $6.6 trillion a year earlier, per Forbes.
- • Ray Dalio of Greenwich ranks second in Connecticut at $18.9 billion, followed by Brad Jacobs at $13.3 billion, per Forbes.
Summary
Steve Cohen, founder, chair, CEO and co-chief investment officer of Point72 Asset Management, retained his top position among Connecticut residents on Forbes' Richest Person in Every State list for 2026. According to Forbes, Cohen, a Greenwich resident, is worth $26.7 billion, up from $21.3 billion in 2025. He ranks No. 43 in the United States and No. 89 globally.
Cohen founded S.A.C. Capital Advisors in 1992 and converted his investment operations into the Point72 Asset Management family office in 2014. The firm later became a registered investment advisor and began accepting outside capital in 2018. He has also founded Point72 Private Investments, which includes global venture capital and growth equity strategies. In 2020, he acquired the New York Mets Major League Baseball team and serves as its chairman and CEO.
Cohen and his wife, Alexandra, established the Steven & Alexandra Cohen Foundation in 2001, focused on Lyme and tickborne disease research, underserved communities, children, the arts, and sustainability. Cohen also created the Cohen Veterans Network in 2015 to address mental healthcare and quality of life for veterans and their families.
The seven Connecticut billionaires on the list hold a combined $86 billion. Other Connecticut entries include Ray Dalio of Greenwich (No. 62, $18.9 billion), founder of Bridgewater Associates; Brad Jacobs of Greenwich (No. 98, $13.3 billion), chair and CEO of QXO Inc.; Karen Pritzker of Branford (No. 211, $8.1 billion); Clifford Asness of Greenwich (No. 215, $8 billion), co-founder of AQR Capital Management; Stephen Mandel Jr. of Greenwich (No. 301, $5.7 billion), founder of Lone Pine Capital; and Ratmir Timashev of Greenwich (No. 315, $5.4 billion), co-founder of Veeam Software, which was sold to Insight Partners for $5 billion in 2020.
Cohen founded S.A.C. Capital Advisors in 1992 and converted his investment operations into the Point72 Asset Management family office in 2014. The firm later became a registered investment advisor and began accepting outside capital in 2018. He has also founded Point72 Private Investments, which includes global venture capital and growth equity strategies. In 2020, he acquired the New York Mets Major League Baseball team and serves as its chairman and CEO.
Cohen and his wife, Alexandra, established the Steven & Alexandra Cohen Foundation in 2001, focused on Lyme and tickborne disease research, underserved communities, children, the arts, and sustainability. Cohen also created the Cohen Veterans Network in 2015 to address mental healthcare and quality of life for veterans and their families.
The seven Connecticut billionaires on the list hold a combined $86 billion. Other Connecticut entries include Ray Dalio of Greenwich (No. 62, $18.9 billion), founder of Bridgewater Associates; Brad Jacobs of Greenwich (No. 98, $13.3 billion), chair and CEO of QXO Inc.; Karen Pritzker of Branford (No. 211, $8.1 billion); Clifford Asness of Greenwich (No. 215, $8 billion), co-founder of AQR Capital Management; Stephen Mandel Jr. of Greenwich (No. 301, $5.7 billion), founder of Lone Pine Capital; and Ratmir Timashev of Greenwich (No. 315, $5.4 billion), co-founder of Veeam Software, which was sold to Insight Partners for $5 billion in 2020.
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