RI billionaires club a lonely place. See who's a member.
Meetings of the Rhode Island billionaires club would not be very crowded affairs.
The Ocean State has only one resident billionaire, though a couple more of the uber rich have ties to the state, so they might be allowed into club meetings.
Jonathan Nelson, of Providence Equity Partners, is worth $3.1 billion and lives in Providence, according to the 2023 Forbes list of billionaires worldwide.
Forbes says that he founded Providence Equity in 1989, was CEO until 2021 and is currently executive chairman. His firm has invested in more than 170 companies, many in the media, communications, education and information industries, according to forms.
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According to Stacker.com, a data journalism organization that has examined the Forbes list of more than 2,540 billionaires worldwide, Nelson is the only one who lives in Rhode Island.
But here are others that might not be kicked out of the Rhode Island billionaires club meetings:
Larry Ellison, chairman and co-founder of software giant Oracle, ranks No. 4 worldwide on the Forbes list (behind fashion and retail magnate Bernard Arnault, Tesla and SpaceX chief Elon Musk and Amazon founder Jeff Bezos) with a net worth of $107 billion. He owns several mansions in Newport.
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Two others have ties through the sports teams they own, which, while not actually located in Rhode Island, are part of the state's culture: Robert Kraft, owner of the New England Patriots, worth $10.6 billion, and John Henry, owner of the Boston Red Sox, worth $4 billion.
This article originally appeared on The Providence Journal: 1 billionaire lives in RI, several have ties to the Ocean State