By Scott J. Croteau | scroteau@masslive.com
The richest people in Massachusetts range from Boston Red Sox executives to auto magnates. There are 34 billionaires in Massachusetts including New England Patriots owner Robert Kraft.
Massinvestor inc. a private equity database and venture capital firm, created a list of the 50 richest people in Massachusetts. The list is part of the firm's AffluenceIQ tool, which is sold by the company to help wealth managers find clients.
The list contains minimum net worth for people, the company said. The company does not know the exact worth for people on the list, but created numbers showing the minimal worth.
AP file photo
50: Thomas C. Werner, Boston Red Sox Chairman
Net worth: $600 million
Boston, Massachusetts
The Martin Trust Center for MIT Entrepreneurship - MIT
49: Martin Trust, Founder & Chairman -Trust Family Industries & Samtex
Net worth: $600 million
Boston, Massachusetts
48: Vincent J. Ryan, Founder and Chairman of Schooner Capital
Net worth: $600 million
Boston, Massachusetts
Mugar Enterprises Inc.
47: David G. Mugar, Chairman and Chief Executive Officer of Mugar Enterprises Inc.
Net worth: $600 million
Belmont, Massachusetts
46: John A. Kaneb, HP Hood Chairman, President and Chief Executive Officer
Net worth: $600 million
Manchester, Massachusetts
MassLive file photo
45: Arthur T. DeMoulas, CEO of Market Basket
Net worth: $675 million
Lowell, Massachusetts
44: Margot C. Connell, Chairman of Connell Limited Partnership
Net worth: $700 million
Swampscott, Massachusetts
Ameresco Inc.
43: George P. Sakellaris, President and Chief Executive Officer, as well as the Chairman of the Board of Directors of Ameresco Inc.
Net worth: $700 million
Boston, Massachusetts
42: Stephen R. Weiner, real estate developer and founder of S.R. Weiner & Associates and co-founder of WS Development
Net worth: $700 million
Boston, Massachusetts
GE
41: John F. Welch Jr., former Chairman and Chief Executive Officer of General Electric
Net worth: $720 million
Nantucket, Massachusetts
40: Jonathon Jacobson, CIO and CEO of Highfields Capital Management
Net worth: $750 million
Wayland, Massachusetts
Harvard University
39: Joseph J. O'Donnell, founder and former Chairman and CEO of Boston Culinary Group Inc.
Net worth: $800 million
Belmont, Massachusetts
Boston Beer Company
38: Jim Koch, the co-founder and chairman of the Boston Beer Company
Net worth: $840 million
Newton, Massachusetts
37: Kenan E. Sahin, founder, President and Chief Technology Officer for TIAX LLC
Net worth: $900 million
Boston, Massachusetts
36: William S. Cummings, founder of Cummings Properties LLC
Net worth: $900 million
Winchester, Massachusetts
35: George D. Behrakis, philanthropist
Net worth: $930 million
Tewksbury, Massachusetts
Fireman Capital Partners
34: Paul B. Fireman, Chairman of Fireman Capital Partners, former CEO and Chairman of Reebok
Net worth: $1 billion
Chestnut Hill, Massachusetts
33: David C. Abrams, founder of Abrams Capital Management
Net worth: $1 billion
Truro, Massachusetts
32: James J. Pallotta, founder of Raptor Group Holdings
Net worth: $1 billion
Weston, Massachusetts
31: Peter Nicholas, co-founder of Boston Scientific
Net worth: $1.1 billion
Boston, Massachusetts
W. Marc Bernsau / Boston Business Journal
30: Ernie A. Boch Jr., automobile magnate
Net worth: $1.1 billion
Norwood, Massachusetts
29: Shari E. Redstone, National Amusements President
Net worth: $1.2 billion
Westwood, Massachusetts
AP file photo
28: Teresa Heinz, businesswoman, philanthropist and wife of former U.S. Secretary of State John Kerry
Net worth: $1.2 billion
Boston, Massachusetts
J.W. Childs Associates
27: John W. Childs, CEO and founder of J.W. Childs Associates
Net worth: $1.2 billion
Brookline, Massachusetts
Boston Capital
26: John P. Manning, CEO and president of Boston Capital
Net worth: $1.2 billion
Boston, Massachusetts
25: Roger M. Marino, co-founder of EMC Corporation
Net worth: $1.2 billion
Boston, Massachusetts
New England Development
24: Stephen R. Karp, CEO and chairman of New England Development
Net worth: $1.2 million
Weston, Massachusetts
Wayfair
23: Stephen K. Conine, co-founder and co-chairman of Wayfair
Net worth: $1.25 billion
Boston, Massachusetts
Wayfair
22: Niraj J. Shah, CEO and co-founder of Wayfair
Net worth: $1.25 billion
Boston, Massachusetts
21: Seth A. Klarman, money manager and founded the Baupost Group
Net worth: $1.5 billion
Boston, Massachusetts
20: Gerald Chan, Non-executive director, Hang Lung Properties
Net worth: $1.5 billion
Newton, Massachusetts
19: Theodore B. Alfond, served as executive at Dexter Shoe Company, limited partner in the Boston Red Sox
Net worth: $1.5 billion
Weston, Massachusetts
18: William L. Alfond, executive at Dexter Shoe Company, minority owner in the Boston Red Sox
Net worth: $1.5 billion
Boston, Massachusetts
john-abele.com
17: John Abele, co-founder of Boston Scientific
Net worth: $1.5 billion
Cambridge, Massachusetts
16: Joyce G. Linde, widow of Edward Linde, founder of Boston Properties
Net worth: $1.5 billion
Weston, Massachusetts
15: Herbert G. Chambers, owner and president of Herb Chambers Companies
Net worth: $1.7 billion
Boston, Massachusetts
Pegasystems
14: Alan Trefler, CEO and founder of Pegasystems
Net worth: $1.75 billion
Brookline, Massachusetts
13: Phillip T. Ragon, CEO, founder, and owner of InterSystems
$1.9 billion
Boston, Massachusetts
12: Valentin P. Gapontsev, founder, CEO and chairman of IPG Photonics
Net worth: $2.1 billion
Worcester, Massachusetts
AP file photo
11: John W. Henry, principal owner of the Boston Red Sox
Net worth: $2.5 billion
Brookline, Massachusetts
10: Elizabeth L. Johnson, granddaughter of Edward Johnson II, who founded Fidelity Investments
Net worth: $2.5 billion
Osterville, Massachusetts
Pembroke Real Estate
9: Edward C. Johnson IV, president of Pembroke Real Estate
Net worth: $2.5 billion
Boston, Massachusetts
Oxbow Carbon LLC
8: William I. Koch, founder and CEO of Oxbow Carbon LLC
Net worth: $3 billion
Osterville, Massachusetts
Barr Foundation
7: Amos B. Hostetter, co-founder and trustee of the Barr Foundation and chairman and CEO of Pilot House Associates LLC
Net worth: $3.2 billion
Boston, Massachusetts
6: James S. Davis, owner and chairman of New Balance
Net worth: $4.9 billion
Newton, Massachusetts
AP file photo
5: Robert Kraft, CEO of the Kraft Group (the company's holdings include the New England Patriots, the New England Revolution and Gillette Stadium)
Net worth: $6.2 billion
Brookline, Massachusetts
4: John P. Grayken, founder and chairman of Lone Star
Net worth: $6.5 billion
Cohasset, Massachusetts
3: Edward C. Johnson III, former chairman of Fidelity Investments
Net worth: $8 billion
Nahant, Massachusetts
Fidelity Investments
2: Abigail P. Johnson, president and CEO of Fidelity Investments
Net worth: $16 billion
Milton, Massachusetts
AP file photo
1: Sheldon G. Adelson, founder, chairman, and CEO of Las Vegas Sands
Net worth: $35.4 billion
Newton, Massachusetts
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