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Here’s a new list of the richest people in Mass.

Sheldon Adelson tops the list of Massachusetts’ richest people.Jeff Scheid/Las Vegas Review-Journal via AP/file 2015

Massachusetts’ 50 richest residents, including 30 billionaires, have a combined wealth of $118 billion, according to a new ranking by venture capital and private equity database firm Massinvestor Inc.

Casino mogul and Dorchester native Sheldon Adelson, who maintains a home in Newton through a trust in his attorney’s name and supports various local charities, topped the list with a minimum net worth of $26.4 billion, according to research by the Winchester company.

Fidelity Investments chief executive Abigail Johnson ranked second, with $15.2 billion.

While Forbes and other publications routinely track the country’s richest people, there are few such rankings within individual states that drill down beyond the biggest nationally recognized names.


Massinvestor hopes to sell its “AffluenceIQ” database of Bay State billionaires and millionaires — which includes their contact information — to local marketers, wealth managers, and nonprofits looking for their next big donor.

Massinvestor said its numbers are not a precise measure of each person’s net worth, but a “minimum.” Its researchers compiled the data from regulatory disclosures, news reports, and other public sources. In general, the company said it included people who live or maintain a residence in the state; it excluded those who primarily live elsewhere and only have vacation homes in Massachusetts, unless the person had other unusually strong ties to the area.

The full list also includes area car magnates Herb Chambers and Ernie Boch Jr., along with Shari Redstone, who has been in the news recently as she fights for control of her father’s vast empire. Here’s a peek at the top 25:

The richest people in Massachusetts
Rank First Name Last Name Birth Year Wealth Estimate Company Title Sector/Wealth Source
1 Sheldon Adelson 1933 $26,400,000,000 Las Vegas Sands Corp. CEO Hospitality, Travel
2 Abigail Johnson 1961 $15,200,000,000 Fidelity Investments CEO Financial Services
3 Edward Johnson III 1930 $8,500,000,000 Fidelity Investments Chairman Financial Services
4 John Grayken 1956 $6,300,000,000 Lone Star Funds CEO Private Equity
5 Robert Kraft 1941 $4,800,000,000 Kraft Group CEO Manufacturing, Sports
6 James Davis 1943 $4,700,000,000 New Balance Athletic Shoe Inc. Former CEO Footwear, Apparel
7 Amos Hostetter 1937 $3,100,000,000 Continental Cablevision Former CEO Cable TV
8 William Koch 1940 $2,800,000,000 Oxbow Group CEO Manufacturing
9 Elizabeth Johnson 1965 $2,500,000,000 Fidelity Investments Inheritance
10 Edward Johnson IV 1957 $2,500,000,000 Pembroke Real Estate President Real Estate, Construction
11 Peter Nicholas 1941 $2,300,000,000 Boston Scientific Corp. Former Chairman Medical Device
12 John Henry II 1949 $2,200,000,000 Fenway Sports Group CEO Sports, Entertainment
13 Herbert Chambers 1941 $1,750,000,000 Herb Chambers Cos. CEO Cars, Distribution
14 Phillip Ragon 1949 $1,700,000,000 InterSystems Corp. CEO Software, Internet
15 John Abele 1937 $1,500,000,000 Boston Scientific Corp. Founder Medical Device
16 Joyce Linde 1943 $1,500,000,000 Boston Properties Inc. Inheritance
17 Gerald Chan 1951 $1,475,000,000 Morningside Group Cofounder Real Estate, Construction
18 Seth Klarman 1957 $1,470,000,000 Baupost Group Founder Financial Services
19 Stephen Karp 1941 $1,250,000,000 New England Development Co. CEO Real Estate, Construction
20 John Childs 1942 $1,200,000,000 J.W. Childs Associates, L.P. Founder Venture Capital, Private Equity
21 Teresa Heinz 1938 $1,200,000,000 Heinz Inheritance
22 John Manning 1949 $1,200,000,000 Boston Capital CEO Real Estate, Construction
23 Roger Marino 1938 $1,200,000,000 EMC Corp. Former President Storage Hardware
24 Shari Redstone 1954 $1,200,000,000 National Amusements President Media
25 Theodore Alfond 1946 $1,100,000,000 Dexter Shoe Co. Former Executive Footwear, Apparel
SOURCE: AffluenceIQ

Dan Adams can be reached at Follow him on Twitter @DanielAdams86.