1 | Jacqueline Mars
1940
| Mars Global Chocolate
350 Clark Drive, Suite 101
Mount Olive, 07828-1394
(973) 426-2700 | www.mars.com
| Bryn Mawr College
Grandfather Frank Mars began making chocolates 1911 in his kitchen in Tacoma, WA Father, Forrest Sr., invented M&Ms, then introduced malt-flavored nougat, the foundation of famous candy bar line that includes Milky Way, Snickers, 3 Musketeers. Third generation inherited company when dad died in 1999.
| $11,000,000,000
|
2 | Donald E. Newhouse
1930
| Newark Star-Ledger
1 Star-Ledger Place
Newark, 07102-1200
(973) 877-4141 | www.starledger.com
| Syracuse University
Son of Samuel Newhouse, who purchased the Staten Island Advance in the 1920s; family owns Advance Publications, Random House, Conde Nast, cable television systems and other media companies.
| $4,100,000,000
|
3 | David A. Tepper
1958
| Appaloosa Management L.P.
51 JFK Parkway
Short Hills, 07078
(973) 701-7000
| University of Pittsburgh and Carnegie Mellon University
Former executive with Goldman Sachs & Co. who founded Appaloosa Management L.P. in 1990; company operates hedge funds and other private investment partnerships. Managing director, privately held; donated $50 million to Carnegie Mellon University in 2004.
| $2,400,000,000
|
4 | Michael Price
1953
| MFP Investors
| University of Oklahoma
Learned finance as a $200-per-week research assistant under Max Heine. Sold Heine Securities to Franklin Resources for $670 million 1996; stayed on for 5 years. Now runs investment outfit MFP Investors. Biggest holdings in June: ConocoPhillips (energy), Kaiser Aluminum (high-strength products), Ingersoll-Rand (industrial equipment), Encore Capital Group (credit services).
| $1,400,000,000
|
5 | Leon Cooperman
1944
| Hedge Fund Omega
| Columbia University and Hunter College
Sage money man envisions "square-root-shaped" recovery: steep plunge giving way to a modest bounce-back tempered by higher unemployment, lower levels of debt. "It's going to take a long time for memories to fade." Plumber's son attended Hunter College, became a Xerox quality-control engineer 1965. Columbia M.B.A.; started Goldman Sachs' asset management arm. Founded Omega Advisors 1991. Today investment firm manages $4.2 billion, 15% less than a year ago. Said to have returned 14% net of fees annually.
| $1,150,000,000
|
6 | Grover Connell
1918
| Connell Co.
200 Connell Drive
Berkeley Heights, 07922-2805
(908) 673-3700 | www.connellco.com
| Columbia University
Company chairman and heir to the Connell family, who founded Connell Rice Co. in 1926; company operates Connell Rice & Sugar, equipment leasing, real estate development, and other diverse businesses.
| $860,000,000
|
7 | Harold Honickman
1933
| Honickman Affiliates
8275 Route 130
Pennsauken, 08110
(856) 665-6200
| NA
Company chairman founded Honickman Affiliates with the purchase of a New Jersey Pepsi bottling plant in 1957; company bottles and distributes Pepsi, 7-Up, and other soft drinks and beverages in New York and other states.
| $750,000,000
|
8 | Gordon Gund
1939
| Gund Investment Corp.
14 Nassau St.
Princeton, 08542
(609) 921-3633
| Harvard University
Son of George Gund, who bought the Kaffee Hag Corp. (Sanka coffee) in 1919; family sold company in 1927 to Kellogg's. Now a private investor through Gund Investment Corp., and onetime owner of the Cleveland Cavaliers (sold 2004).
| $640,000,000
|
9 | Warren Eisenberg
1931
| Bed Bath & Beyond
650 Liberty Ave.
Union, 07083
(908) 688-0888 | www.bedbathandbeyond.com
| NA
Company co-chairman, who owns about 2 percent of stock, co-founded retailing company Bed, Bath & Beyond Inc. in 1971; company operates the nationwide Bed Bath & Beyond chain of home furnishing and houseware superstores.
| $475,000,000
|
9 | Leonard Feinstein
1937
| Bed Bath & Beyond
650 Liberty Ave.
Union, 07083
(908) 688-0888 | www.bedbathandbeyond.com
| NA
Company co-chairman, who owns about 2 percent of stock, co-founded retailing company Bed, Bath & Beyond Inc. in 1971; company operates the nationwide Bed Bath & Beyond chain of home furnishing and houseware superstores.
| $475,000,000
|
11 | David Mandelbaum
1935
| Interstate Properties
210 E. Route 4, Suite 205
Paramus, 07652-5103
(201) 587-1000 | www.interstateproperties.com
| Princeton University and Harvard University
Co-founded law firm Mandelbaum & Mandelbaum in 1967, real estate company Interstate Properties in 1968 and real estate investment company Vornado Realty in 1980; also part-owner of the Minnesota Vikings pro football team.
| $460,000,000
|
12 | Henry M. Rowan
1923
| Indel Inc.
10 Indel Ave.
Rancocas, 08073
(609) 267-9000 | www.indelinc.com
| MIT
Company chairman founded Inductotherm Industries (now Indel Inc.) in 1953, a manufacturer of induction heating equipment and other products. Donated $100 million to Glassboro State University (now Rowan University) in 1992.
| $340,000,000
|
13 | Charles Kushner
1954
| Kushner Cos.
18 Columbia Turnpike
Florham Park, 07932
(973) 822-0050 | www.kushnercompanies.com
| New York University and Hofstra University
Company chairman and son of Joseph Kushner, who founded commercial real estate development company Kushner Cos. in the 1950s; company owns office buildings, warehouses and other real estate in New York, New Jersey and Pennsylvania.
| $325,000,000
|
14 | Oscar Davis
1925
| Hayward Industries
620 Division St.
Elizabeth, 07201
(908) 351-5400 | www.haywardnet.com
| NA
Company chairman, purchased pool equipment company Hayward Industries in 1964; company manufactures fluid control products and pumps, cleaners, and filtration equipment for swimming pools and spas.
| $310,000,000
|
15 | Fred M. Kirby
1919
| F. M. Kirby Foundation
17 DeHart St.
P.O. Box 151
Morristown, 07960
(973) 538-4800 | http://foundationcenter.org/grantmaker/kirby/
| Lafayette College and Harvard University
Grandson of Fred Kirby, who co-founded F.W. Woolworth Co. and bought Alleghany Corp., a life and property insurance company, in 1927; retired as company chairman in 2006. Now a private investor and philanthropist through the F.M. Kirby Foundation.
| $290,000,000
|
16 | William L. Mack
1940
| Mack Cos.
2115 Linwood Ave.
Fort Lee, 07024
(201) 346-5400
| New York University and University of Pennsylvania
Company's senior partner and grandson of Philip Mack, who founded construction and real estate company The Mack Co. around 1900; company develops and owns office buildings and industrial real estate nationwide.
| $280,000,000
|
17 | Jon S. Corzine
1947
| MF Global Holdings
717 Fifth Ave., 9th Floor
New York, NY 10022
(212) 589-6200 | www.mfglobal.com
| University of Illinois and University of Chicago
Joined investment services and financial advisory company Goldman Sachs & Co. in 1975 (left as company co-CEO in 1999); served as U.S. senator from New Jersey from 2000 to 2006. Governor of New Jersey from 2006-2010. Now chairman and CEO of MF Global Holdings.
| $275,000,000
|
18 | Charles J. Snyder
1943
| FactSet Research Systems Inc.
1 Gateway Center, Suite 220
Newark, 07102
(973) 849-2400 | www.factset.com
| Princeton University and New York University
Company vice chairman and consultant, who owns about 5 percent of stock, co-founded technology company FactSet Research Systems Inc. in 1978; company provides database and research services to the investment advisory and banking industry.
| $260,000,000
|
18 | Moshael J. Straus
1952
| Ascend Capital Group
2200 Fletcher Ave.
Fort Lee, 07024
(201) 242-5000 | www.ascendcapitalgroup.com
| NA
Co-founded, with brother, The Multi-Care Cos., which developed nursing and health care facilities, in 1984 (sold 1997); now a private investor through Ascend Capital Group and philanthropist through the Straus Family Foundation.
| $260,000,000
|
18 | Henry Taub
1927
| Taub Foundation
300 Frank W. Burr Blvd.
Teaneck, 07666
(201) 287-2500
| New York University
Founded Automatic Payrolls Inc. (now Automatic Data Processing Inc.) in 1949, a provider of outsourced payroll and accounting services to corporations; now company honorary chairman, and a private investor and philanthropist through the Taub Foundation.
| $260,000,000
|
21 | Vernon W. Hill II
NA
| Hill-Townsend Capital LLC
5425 Wisconsin Ave., Suite 703
Chevy Chase, Md. 20815
(301) 215-4300 | www.hilltowncap.com
| University of Pennsylvania
Founded Site Development Inc., a real estate development company, in 1968 and founded Commerce Bancorp Inc. in 1973, a banking and insurance holding company; retired as Commerce Bancorp chairman in 2007. Now a private investor and philanthropist.
| $230,000,000
|
22 | Jeffrey A. Citron
1970
| Vonage Holding
23 Main St.
Holmdel, 07733
(732) 528-2600 | www.vonage.com
| NA
Company chairman, who owns about 30 percent of stock, founded electronic stock trading companies Datek Holdings and Island ECN in 1996 (both sold 2000); founded Vonage Holdings, a provider of long distance telephone services on the Internet, in 2000.
| $220,000,000
|
22 | Earle I. Mack
1936
| Mack Cos.
2115 Linwood Ave.
Fort Lee, 07024
(201) 346-5400
| Drexel University and Fordham University
Company senior partner and grandson of Philip Mack, who founded construction and real estate company The Mack Co. around 1900; company develops and owns office buildings and other real estate nationwide.
| $220,000,000
|
22 | David S. Mack
1942
| Mack Cos.
2115 Linwood Ave.
Fort Lee, 07024
(201) 346-5400
| Hofstra University
Company senior partner and grandson of Philip Mack, who founded construction and real estate company The Mack Company around 1900; company develops and owns office buildings and industrial real estate nationwide.
| $220,000,000
|
25 | Frank J. Coyne
NA
| Verisk Analytics Inc.
545 Washington Blvd.
Jersey City, 07310
(201) 469-2000 | www.verisk.com
| University of Scranton and Duquesne University
Company CEO, who owns 5 percent of stock, former executive with Kemper Insurance Cos. and other companies who joined Insurance Services Office Inc. (now Verisk) in 1999; company provides risk assessment, decision analytics and other services to corporate clients.
| $190,000,000
|
26 | Lewis Katz
1942
| Katz Ettin Levine
905 N. Kings Highway
Cherry Hill, 08034
(856) 667-6440
| Temple University and Dickinson School of Law
Co-founder of the law firm of Katz, Ettin, Levine and one-time owner of Kinney System Inc., which operated parking lots and garages (sold 1998); also part owner of the the New Jersey Nets and New York Yankees and former part owner of the New Jersey Devils.
| $180,000,000
|
27 | Joseph Wilf
1925
| Garden Commercial Properties
820 Morris Turnpike
Short Hills, 07078
(973) 467-5000 | www.gardencommercial.com
| NA
Company chairman and co-founder of real estate investment company Garden Commercial Properties; company owns and develops shopping malls, apartment and office buildings, and other commercial real estate nationwide.
| $175,000,000
|
27 | Leonard A. Wilf
1946
| Garden Commercial Properties
820 Morris Turnpike
Short Hills, 07078
(973) 467-5000 | www.gardencommercial.com
| Boston University, Georgetown University and New York University
Company CEO and son of Harry Wilf, who co-founded Garden Commercial Properties -- which owns apartment and office buildings, shopping malls and other real estate -- in 1954. With family, purchased the Minnesota Vikings in 2005.
| $175,000,000
|
29 | J. Brendan Barba
NA
| AEP Industries
125 Phillips Ave.
South Hackensack, 07606
(201) 641-6600 | www.aepinc.com
| Fairleigh Dickinson
Cofounded, with uncle, AEP Industries Inc. in 1971; company manufactures plastic stretch wraps, polyethelene films and other industrial packaging for food, chemical, and other industries. Company chairman, president, and CEO, family owns 15%+ of stock.
| $70,000,000
|
30 | John E. Bailye
NA
| EKR Therapeutics Inc.
1545 Route 206, 3rd Floor
Bedminster, 07921
(877) 435-2524 | www.ekrtx.com
| Univ. of New South Wales
Founded Dendrite International Inc., which designed sales and customer relationship management (CMR) software, in 1987 (sold 2007); joined EKR Therapeutics Inc., which develops acute-care therapeutics, in 2009. Company executive chairman, privately-held.
| $50,000,000
|
31 | Mel Baiada
NA
| BaseCamp Ventures
1 Executive Drive, Suite 8
Moorestown, 08057
(856) 813-1100 | www.basecampventures.com
| Drexel
Founded information technology company Bluestone Consulting Inc. (sold 2004) in 1989 and communications software company Bluestone Software (sold 2001); founded BaseCamp Ventures, a venture capital and investment company. Company partner, privately-held.
| $30,000,000
|
32 | Mark V. Anquillare
NA
| Verisk Analytics Inc.
545 Washington Blvd.
Jersey City, 07310
(201) 469-2000 | www.verisk.com
| Univ. of Notre Dame/Rutgers
Former executive with Prudential Insurance Company who joined Insurance Services Office Inc. (now Verisk) in 1992; company provides risk assessment, decision analytics and other services to corporate clients. Vice president, owns less than 1% of stock.
| $25,000,000
|
