Wednesday, March 21, 2007

The Car-Crazy Hedge Fund Managers of Greenwich

Number of motor vehicles registered in Hartford, CT, population 124,387:
Under 48,000

Number registered in Greenwich, CT, population 61,972:
About 66,000

The Wealth Report at called attention to the Hartford Courant article containing those fascinating data.

How did Greenwich end up with more cars than people? Well, hedge fund tycoon Paul Tudor Jones II owns 15. Steve A. Cohen and his wife make do with 13.

We're not just talking Corollas and Civics. The roster of Greenwich-registered vehicles includes:
  • 3,769 BMWs
  • 3,474 Mercedes Benzes
  • 931 Porsches
  • 94 Ferraris
  • 90 Bentleys
  • 65 Aston Martins
  • 40 Maseratis
  • 39 Rolls-Royces
  • 4 Maybachs
  • 1 Lamborghini
As Robert Frank of The Wealth Report points out, that means one out of every ten residents of Greenwich owns a BMW or a Mercedes.

Hedgers aren't the only car-crazy people in Greenwich. Designer Tommy Hilfiger and family own 20, including a million-dollar Enzo Ferrari!

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