9 Massachusetts residents land on Forbes’ 2024 list of 400 richest Americans

Nine billionaires who reside in Massachusetts landed on Forbes’ 2024 list of the 400 richest people in the United States.

As a group, the wealthiest people in the country are worth a record $5.4 trillion, up nearly $1 trillion from last year, according to Forbes .

“A dozen have $100 billion-plus fortunes, also a record. And admission to this elite club is pricier than ever: A minimum net worth of $3.3 billion is required, up $400 million since 2023,” Forbes wrote in its new report.

It comes as no surprise but Elon Musk, who co-founded six companies, including electric car maker Tesla and rocket producer SpaceX, topped the list as the richest American with a net worth of $244 billion. Jeff Bezos, who founded e-commerce giant Amazon, checked in second on the list with a net worth of $197 billion.

The Massachusetts residents who made the top 400 ranked as follows:

30. Abigal Johnson, age 62, CEO of Fidelity Investments since 2014, when she took over for her father -- $31.3 billion

70. Edward Johnson, IV, 59, grandson of Edward Johnson II, who founded Fidelity Investments -- $12.6 billion

81. Robert Kraft, 83, owner of New England Patriots -- $11.8 billion

91. Elizabeth Johnson, 61, granddaughter of Edward Johnson II, who founded Fidelity Investments -- $10.6 billion

198. Jim Davis & family, 81, bought a small Boston shoemaker in 1972 and turned it into New Balance -- $6.5 billion

225. Robert Hale, Jr., 58, founder and CEO of wholesale telecommunications provider Granite Telecommunications -- $5.8 billion

347. Amos Hostetter, Jr., made a fortune in the 1990s as cable TV pioneer -- $3.8 billion

388. Bill Alfond, 76, one of three living heirs who are billionaires thanks to Warren Buffett’s purchase of the Dexter Shoe Company -- $3.4 billion

388. Ted Alfond, 80, one of three living heirs who are billionaires thanks to Warren Buffett’s purchase of the Dexter Shoe Company -- $3.4 billion

To view Forbes’ full list, click here .

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