Not only is New Jersey home to some of America’s ultra-rich, but many billionaires grew up in the Garden State.

The United States was home to a record 813 billionaires as of the Forbes October Real-time Billionaires List. Five of them currently live in New Jersey.

Several others have roots tracing back to the Garden State. Some have resided there in the past, others grew up in New Jersey and many have business all over the state.

Billionaires in the United States have more wealth than ever before. The elite rich are collectively worth $6 trillion, said a report by Americans for Tax Fairness.

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The billionaires in the United States possess more wealth than half of the country, the analysis showed.

Here are some of the most powerful people in the country with connections to New Jersey and their recent rankings on the Forbes list.

Billionaires who once lived in New Jersey

David Duffield has a net worth of $14.4 billion and is at No. 158. He cofounded two software enterprises, PeopleSoft and WorkDay.

He sold PeopleSoft to Oracle for $10.7 billion in 2005. Duffield owns a total of six enterprise software companies, and he currently is the CEO of Ridgeline, the cloud software firm for investment managers, Forbes said.

The multibillionaire attended Ridgewood High School and was in the Class of 1958. He donated $635,000 to the high school in 2021, the largest donation in the district's history.

Michael Kim has a net worth $9.6 billion, which ranks him as No. 265 on the Forbes list of billionaires. Kim cofounded the Seoul-based private equity firm MBK Partners. The firm manages more than $31 billion in assets.

Kim was born in South Korea. In 1974, at age 11, he moved to the United States, where he lived with his uncle in West Orange, the Harvard Business School alumni page says.

Judy Faulkner ranks at No. 380 on the Forbes billionaire list, with a net worth of $7.7 billion. She founded Epic Systems, a medical-record software company.

Faulkner grew up in Cherry Hill, says the Mooretown Friends School website. The school announced that Faulkner, along with other donors, gave gifts to the Camden Scholars Program.

David Tepper ranks among the 100 richest people in the world, coming in at No. 92. Tepper has a net worth of $21.3 billion.

He founded Appaloosa Management, an American hedge fund, in 1993. He bought the NFL's Carolina Panthers in 2018 for $2.3 billion.

Tepper lived in Livingston before 2016 and was New Jersey's richest taxpayer at the time. That year he moved from the Garden State to Florida, where he currently lives.

Laurene Powell Jobs, wife of the founder of Apple, Steve Jobs, has a net worth of $15.6 billion and is at No. 140 on the Forbes billionaires list.

Jobs inherited much of her wealth from her husband. Most of her fortune comes from shares of Walt Disney and Apple. She purchased The Atlantic, the media news outlet, in 2017.

She was born in 1963 in West Milford and raised in the Passaic County township, say Yahoo and People magazine.

Billionaires with business in New Jersey

Donald Newhouse has a net worth of $15.3 billion and ranks at No. 150 on the Forbes billionaire list.

He inherited Advance Publications, a newspaper, publishing and broadcast business, from his father, Sam Newhouse. Advance Publications has stakes in Warner Bros., Discovery and Reddit.

Advance Publications owns NJ.com, along with other local news media outlets.

Josh Harris has a net worth of $10.9 billion and sits at No. 226 on the Forbes list. He co-founded Apollo Global Management, an alternative investment firm, with billionaires Leon Black and Marc Rowan in 1990. He has a stake in the New Jersey Devils.

Leo KoGuan is No. 290 on the Forbes billionaires list, with a net worth of $9.2 billion. He is the founder and chair of IT provider SHI International, which has its headquarters in Somerset.

Leonard Stern has accumulated a net worth of $9 billion, which puts him at the No. 312 spot on the Forbes list. His Hartz Mountain firm owns more than 260 real estate properties, mostly in the New Jersey area, including numerous warehouses, Forbes says.

Billionaires who live in New Jersey now

In the Forbes list of the richest American billionaires, five have residences in New Jersey.

John Overdeck is currently the wealthiest person who resides in New Jersey. Overdeck, 55, of Millburn, has a net worth of $7.4 billion. He stands at No. 402 in the Forbes Real Time Billionaires List.

Overdeck is the co-founder and co-chair of Two Sigma, a "quantitative investing powerhouse," Forbes says. The largest business within Two Sigma is a data-driven hedge fund that predicts the prices of securities by absorbing large amounts of information, Forbes says. Two Sigma also invests in real estate, owns a Bermuda reinsurance company, and operates a private equity and venture capital arm.

Rocco Commisso, 75, of Saddle River, has a net worth of $6.4 billion and is ranked as No. 509 on Forbes Real-Time Billionaires List.

Commisso is the founder and CEO of the cable company MediaCom. He used to be the CFO of Cablevision Industries, which was acquired by Time Warner in 1995. Commisso purchased the Italian soccer team Fiorentina in 2019.

Peter Kellogg is listed at No. 690 on the Forbes list, with a net worth of $4.9 billion. Kellogg, 82, of Short Hills, gained a majority of his wealth from selling brokerage house Spear, Leeds & Kellogg to Goldman Sachs in 2000 for $6.5 billion in cash and stocks, Forbes reports.

His father was originally a partner in the firm. Kellogg joined his father in 1973 and took over several years later. Under Kellogg, the firm became the first specialist brokerage to control more than 10% of the stocks trading on the New York Stock Exchange.

Larry Robbins, 55, of Alpine, is listed at No. 1,558. His net worth sits at $2.2 billion. He is the founder and CEO of the New York hedge fund Glenview Capital Management.

Duncan MacMillan, 87, of Princeton, has a net worth of $1.8 billion and ranks as the 1,831st billionaire on the Forbes list. He co-founded Bloomberg LP, a financial data and media company, with Mike Bloomberg, Thomas Secunda and Charles Zegar.