Richest Hedge Fund Managers

Nov 18, 2016   //   by writer   //   Profitly  //  Comments Off on Richest Hedge Fund Managers

Have you ever wondered who are the richest hedge fund managers in the world? Well, look no further.

Forbes’ magazine has just released its annual world’s billionaires list. And this year, Business Insider found that 40 of these individuals are in the hedge fund industry, noting that a few of these titans have retired in recent years.

Remember that fund managers are paid through a compensation structure commonly known as the “2 and 20,” which stands for a 2% management fee and a 20% performance fee charge. More specifically, “2 and 20″ means a hedge fund manager would charge investors 2% of total assets under management and 20% of any profits.

Overall, 2014 was an incredibly underwhelming year in the hedge fund world. According to research firm Preqin, hedge funds, on average, returned just a mere 3.78%, the lowest annual return since the 1.85% loss in 2011. Still, there were a few fund that delivered impressive returns such as Bill Ackman’s Pershing Square.

Rob Citrone

rob-citrone

Getty Images/ Jamie McCarthy

Rank: 1741

Net-worth: $1 billion

Age: 50

Fund: Discovery Capital

Source: Forbes

 

Brian Higgins

Rank: 1533

Net-worth: $1.2 billion

Age: 50

Fund: King Street Capital

Source: Forbes

 

Richard Chilton, Jr.

Rank: 1533

Net-worth: $1.2 billion

Age: 56

Fund: Chilton Investment Company

Source: Forbes

 

O. Francis Biondi

Rank: 1533

Net-worth: $1.2 billion

Age: 50

Fund: King Street Capital

Source: Forbes

 

Thomas Sandell

thomas-sandell

Screenshot via YouTube

Rank: 1415

Net-worth: $1.3 billion

Age: 54

Fund: Sandell Asset Management

Source: Forbes

 

Seth Klarman

seth-klarman

Getty Images/ Kevork Djansezian

Rank: 1250

Net-worth: $1.5 billion

Age: 57

Fund: Baupost Group

Source: Forbes

 

Henry Swieca

Rank: 1250

Net-worth: $1.5 billion

Age: 57

Fund: Talpion Fund Management

Source: Forbes

 

Thomas Steyer

thomas-steyer

AP

Rank: 1190

Net-worth: $1.6 billion

Age: 57

Fund: Farallon Capital (he retired)

Source: Forbes

 

Alan Howard

Rank: 1190

Net-worth: $1.6 billion

Age: 51

Fund: Brevan Howard

Source: Forbes

 

Louis Bacon

louis-bacon

AP

Rank: 1118

Net-worth: $1.7 billion

Age: 56

Fund: Moore Capital

Source: Forbes

 

Paul Singer

paul-singer

REUTERS/Steve Marcus

Paul Singer, Eliott Management

Rank: 1006

Net-worth: $1.9 billion

Age: 70

Fund: Elliott Management

Source: Forbes

 

Marc Lasry

Rank: 1006

Net-worth: $1.9 billion

Age: 54

Fund: Avenue Capital

Source: Forbes

 

David Einhorn

david-einhorn

REUTERS/Mike Segar

Rank: 1006

Net-worth: $1.9 billion

Age: 46

Fund: Greenlight Capital

Source: Forbes

 

Glenn Dubin

Rank: 949

Net-worth: $2 billion

Age: 57

Fund: Highbridge Capital Management

Source: Forbes

 

Noam Gottesman

Rank: 894

Net-worth: $2.1 billion

Age: 53

Fund: co-founded GLG Partners

Source: Forbes

 

Chase Coleman III

Rank: 894

Net-worth: $2.1 billion

Age: 39

Fund: Tiger Global

Source: Forbes

 

Larry Robbins

Rank: 847

Net-worth: $2.2 billion

Age: 45

Fund: Glenview Capital

Source: Forbes

 

Stephen Mandel, Jr.

Rank: 810

Net-worth: $2.3 billion

Age: 58

Fund: Lone Pine Capital

Source: Forbes

 

James Dinan

Rank: 782

Net-worth: $2.4 billion

Age: 55

Fund: York Capital

Source: Forbes

 

Daniel Loeb

daniel-loeb

REUTERS/Phil McCarten

Rank: 737

Net-worth: $2.5 billion

Age: 53

Fund: Third Point LLC

Source: Forbes

 

Bill Ackman

bill-ackman

REUTERS/Eduardo Munoz

William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks to the audience in New York, July 22, 2014.

Rank: 737

Net-worth: $2.5 billion

Age: 48

Fund: Pershing Square Capital Management

Source: Forbes

 

John Arnold

Rank: 714

Net-worth: $2.6 billion

Age: 40

Fund: Centaurus Advisors (retired)

Source: Forbes

 

Andreas Halvorsen

andreas-halvorsen

Photo: Matthew Staver/Bloomberg via Getty Images

Rank: 663

Net-worth: $2.8 billion

Age: 53

Fund: Viking Global

Source: Forbes

 

Edward Lampert

edward-lampert

REUTERS/Peter Morgan PM

Rank: 628

Net-worth: $2.9 billion

Age: 52

Fund: ESL Investments

Source: Forbes

 

Stanley Druckenmiller

stanley-druckenmiller

Reuters/ Brendan McDermid

Rank: 577

Net-worth: $3.1 billion

Age: 61

Fund: Duquesne Capital (closed)

Source: Forbes

 

Julian Robertson, Jr.

julian-robertson-jr

Bloomberg TV screenshot

Rank: 512

Net-worth: $3.4 billion

Age: 83

Fund: Tiger Management

Source: Forbes

 

Michael Platt

Rank: 497

Net-worth: $3.5 billion

Age: 46

Fund: BlueCrest

Source: Forbes

 

Leon Cooperman

leon-cooperman

Reuters/ Rick Wilking

Rank: 462

Net-worth: $3.7 billion

Age: 71

Fund: Omega Advisors

Source: Forbes

 

Daniel Och

daniel-och

AP Images

Rank: 452

Net-worth: $3.8 billion

Age: 54

Fund: Och-Ziff

Source: Forbes

 

Israel Englander

Rank: 452

Net-worth: $3.8 billion

Age: 66

Fund: Millennium Management

Source: Forbes

 

David Shaw

Rank: 405

Net-worth: $4.1 billion

Age: 63

Fund: D.E. Shaw

Source: Forbes

 

Paul Tudor Jones II

paul-tudor-jones-ii

Reuters/ Eduardo Munoz

Rank: 352

Net-worth: $4.6 billion

Age: 60

Fund: Tudor Investment Corporation

Source: Forbes

 

Bruce Kovner

Rank: 309

Net-worth: $5 billion

Age: 70

Fund: Caxton Associates

Source: Forbes

 

Ken Griffin

ken-griffin

CNBC/ Heidi Gutman

Rank: 216

Net-worth: $6.5 billion

Age: 46

Fund: Citadel

Source: Forbes

 

David Tepper

david-tepper

Bloomberg TV

David Tepper

Rank: 121

Net-worth: $10.4 billion

Age: 57

Fund: Appaloosa Fund Management

Source: Forbes

 

John Paulson

john-paulson

Reuters

Rank: 113

Net-worth: $11.2 billion

Age: 59

Fund: Paulson & Co.

Source: Forbes

 

Steve Cohen

steve-cohen

REUTERS/Steve Marcus

Rank: 109

Net-worth: $11.4 billion

Age: 59

Fund: Point72 Asset Management (formerly SAC Capital)

Source: Forbes

To see the final three, check out the full post on Business Insider.