Even though New York State has some of the highest taxes in the United States, it is home to the ultra-wealthy. More millionaires live in New York City than in any other city in the world, according to Impact Wealth,

"With over 384,000 millionaires, 818 centi-millionaires, and 66 billionaires, New York City holds tight to its crown as the world’s wealth capital. The city’s appeal lies in its robust financial markets, especially Wall Street, paired with top-tier real estate, fashion, and entertainment industries."

Even in a bad economy like most of us are struggling through right now, these people are so rich they may not even realize we are teetering on the brink of a recession. With all of the wealth in NY, there has to be one, thee one, who is the richest of the rich.

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Photo by Yuri G. on Unsplash
Photo by Yuri G. on Unsplash
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Who Is The Richest Person In New York State?

The richest person in New York State is billionaire Michael Bloomberg. According to Forbes, his net worth is currently 104.7 billion. He is the wealthiest person in NY and the 18th wealthiest in the world, according to Forbes.

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Michael Bloomberg, who was born on February 14, 1942, is the wealthiest person in New York. He is not a native New Yorker; he was born in Medford, Massachusetts. Bloomberg attended and graduated from Johns Hopkins University and Harvard Business School. If his name sounds familiar to you, it's because he was the Mayor of New York City from 2002 to 2013. His immense wealth comes from his media empire.

Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981.

The second-richest person in New York State is Julia Koch (and her children), who have a current net worth of $ 74.2 billion.

Meanwhile, most of us struggle to pay bills each month.

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The 5 Richest Families in New York State

Forget billionaire status, these five families are all worth at least $10 billion

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