Top 5 Wealthiest People In New Hampshire
New Hampshire, known for its stunning landscapes and vibrant communities, is also home to some remarkably wealthy individuals. Let's dive into the stories of the top 5 wealthiest people in the Granite State, exploring their backgrounds and how they accumulated their fortunes.
The Granite State's Financial Elite
While New Hampshire might not be the first place that comes to mind when thinking about immense wealth, it quietly harbors significant fortunes. These individuals have made their mark across various industries, contributing to both the state and national economies.
1. Rick Cohen
- Net Worth: Approximately $20.7 billion
- Source of Wealth: C&S Wholesale Grocers
Rick Cohen is the Chairman of C&S Wholesale Grocers, the largest wholesale grocery supply company in the United States. Based in Keene, New Hampshire, C&S serves supermarket chains and independent stores. Cohen's leadership has been pivotal in the company's growth and dominance in the grocery supply chain.
2. Andrea Reimann-Lorenz
- Net Worth: Approximately $1.1 billion
- Source of Wealth: JAB Holding Company
Andrea Reimann-Lorenz is one of the heirs to the Reimann family fortune. The Reimann family holds a significant stake in JAB Holding Company, a global firm with controlling interests in brands like Keurig Dr Pepper, Panera Bread, and Pret A Manger. While the Reimann family's roots are in Germany, Andrea resides in New Hampshire.
3. Thomas P. Rosandich
- Net Worth: Estimated at hundreds of millions
- Source of Wealth: Granite State Management & Resources
Thomas P. Rosandich is the founder of Granite State Management & Resources (GSMR), a major player in the student loan industry. While specific figures can vary, Rosandich's success in financial services has placed him among the wealthiest in New Hampshire. His company has significantly impacted the landscape of student loan management.
4. Timothy Busch
- Net Worth: Estimated at hundreds of millions
- Source of Wealth: Pacific Hospitality Group & Busch Firm
Timothy Busch is an entrepreneur and attorney known for founding the Pacific Hospitality Group and the Busch Firm. Though based primarily in California, Busch maintains strong ties to New Hampshire. His ventures in hospitality and law have contributed to his substantial wealth.
5. John A. DeLoca
- Net Worth: Estimated at hundreds of millions
- Source of Wealth: Pharmaceuticals
John A. DeLoca made his fortune in the pharmaceutical industry. While specific details of his pharmaceutical ventures remain somewhat private, his success in this sector has cemented his place among New Hampshire's wealthiest individuals.
Economic Impact and Philanthropy
The presence of these wealthy individuals impacts New Hampshire through job creation, investment, and philanthropic endeavors. Their companies provide employment opportunities, and their charitable contributions support local communities and organizations.
Conclusion
New Hampshire's wealthiest residents come from diverse backgrounds and industries, each contributing to the economic landscape of the state. From grocery supply chains to investment firms, their stories reflect the varied paths to financial success. These individuals not only shape the business world but also play a role in the social and economic well-being of New Hampshire. Understanding their impact provides valuable insights into the state’s economic dynamics.
Discover More: Explore other fascinating facts about New Hampshire's economy and notable residents. [Link to related article or resource]
