Community Corner

Connecticut Among States With the Most 'One Percenters'

A survey by CNBC puts our state at Number 3 for having some of the richest residents.

By Associate Regional Editor Eileen McNamara.

If you make more than $343,000 annually, congratulations. You're among what experts call the 'one percent,' the top-tier of highest wage earners in the U.S.

But unless your net worth is more than $30 million you are not in what some experts have set aside as the most elite of the elite, those they call 'ultra high net worth' (UHNW) individuals.

Connecticut, it turns out, is among the top 10 states in this country that have the most UHNW residents, according to a report by CNBC. The state, in fact, is ranked 3rd among all states for its number of UHNW residents.

There are 59,805 UHNW individuals living in the U.S., the website reports.

Here is how CNBC broke down Connecticut's UHNW stats:

  • Number of residents per UHNW individual: 2,657
  • UHNW population: 1,345
  • Total population: 3,574,097

"In Connecticut, the primary driver of wealth is the financial services sector, with most of the rich individuals in the state having made their money in this business," the website states. "UHNW individuals living in Connecticut include Vornado Realty Trust CEO Michael D. Fascitelli, whose net worth is approximately $700 million; and Raymond T. Dalio of Bridgewater Associates, who lives in Westport and has a net worth of approximately $10 billion.

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Here's the top 10 list of states with the most ultra high net worth residents, as compiled by CNBC. The rankings are based on each state's UHNW population compared to its overall population. 

To see a breakdown of each state's stats visit CNBC's story online.

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  1. Wyoming
  2. New York
  3. Connecticut
  4. Montana
  5. California
  6. Rhode Island
  7. Texas
  8. Wisconsin
  9. Illinois
  10. Vermont
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