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Dr. Dre Joins Billionaires Club, But How Many Live in PA, NJ?
A look at the staggering amount of wealth it takes to become a billionaire and the billionaire populations in the Mid-Atlantic region.
Apr. 9, 2026 at 5:38pm
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A single golden coin the size of a silver dollar represents the immense wealth required to join the billionaire's club.NYC TodayRapper, producer, and entrepreneur Dr. Dre recently joined the Forbes billionaires club, which also includes a few members from the mid-Atlantic region. The article explores just how much $1 billion really is and breaks down the number of billionaires living in Pennsylvania and New Jersey.
Why it matters
Becoming a billionaire is an incredibly rare achievement, with only a tiny fraction of the global population ever reaching that level of wealth. Examining the billionaire populations in different states provides insight into regional economic trends and the concentration of extreme wealth.
The details
One billion dollars is an amount of money the great majority of people will never see. It would take hundreds of generations for a person's family to save up to reach $1 billion, even if they saved $100 every day. While Forbes doesn't list the states where billionaires live, World Populations Review data shows New Jersey is home to 7 billionaires, including Bruce Springsteen and Two Sigma founder John Overdeck. Pennsylvania has 10 billionaires, including investor Jeff Yass, Mars heir Victoria Mars, and Fanatics founder Michael Rubin. In comparison, New York has 93 billionaires, the second highest number behind California's 124.
- Dr. Dre recently joined the Forbes billionaires club.
The players
Dr. Dre
A rapper, producer, and entrepreneur who recently joined the Forbes billionaires club.
Jay-Z
A rapper and music mogul who is also a member of the Forbes billionaires club.
Bruce Springsteen
A billionaire who lives in New Jersey.
John Overdeck
The billionaire founder of Two Sigma, a hedge fund firm, who lives in New Jersey.
Jeff Yass
A billionaire investor who lives in Pennsylvania.
Victoria Mars
A billionaire heir of the Mars candy company and entrepreneur who lives in Pennsylvania.
Michael Rubin
The billionaire founder and CEO of Fanatics, a sports merchandise company, who lives in Pennsylvania.
The takeaway
While becoming a billionaire is an incredibly rare achievement, the mid-Atlantic region is home to a relatively small number of these ultra-wealthy individuals compared to other parts of the country. This highlights the concentration of extreme wealth in certain geographic areas and the economic disparities that exist even within relatively prosperous regions.
