New Jersey number one most richest New Jerseyian Donald Newhouse has a net worth of 10.3 billion. The Newhouse family formally owned the Trenton Times newspaper plant and have eliminated thousands of jobs across the industry.

Read List of  50 Wealthiest http://www.njbiz.com/article/20160627/NJBIZ01/160629843/njbiz-presents-the-50-wealthiest-new-jerseyan

from the Star-Ledger and NJ BIZ:

For the second straight year, the business journal has compiled a list of the 50 wealthiest people in New Jersey, and some on the top of the list have amassed a fortune valued in the billions.

The richest Jerseyans hail from different industries, ranging from real estate and banking to horse racing and entertainment. Yes, Jersey rockers Jon Bon Jovi and Bruce Springsteen are both on the list, each worth a hefty $305 million. So is former Gov. Thomas Kean, with a net worth of $350 million.

Donald Newhouse, co-owner of Advance Publications, the parent company of NJ Advance Media, which provides content to NJ.com, The Star-Ledger and other newspapers, is the wealthiest resident of the Garden State, according to NJBIZ. Newhouse’s net worth is estimated at $10.3 billion.