The World’s Top 10 Hedge Fund Managers By Earnings

hedge fund managers by earnings

The Briefing

  • The top 10 hedge fund managers take home an average of $1.3 billion a year in earnings
  • The hedge fund industry manages over $3 trillion in assets
  • Hedge funds often have a two-and-twenty fee structure, charging 2% on all assets under management (AUM), and 20% on profits

The Top 10 Hedge Fund Managers by Earnings

The world of hedge funds has recently garnered notoriety during the GameStop/WSB debacle, in which an us-versus-them mentality began to brew for smaller investors.

In markets, hedge fund managers are considered the big fish in the pond. Not only do they oversee billions of dollars in capital, they often earn some billions as well. Here’s a look at the earnings of the top 10 managers, where yearly earnings range between a high of $1.8 billion and a low of $835 million.

Entering the World of Billions

Although fees in the wealth management industry have been subject to downward pressure for years, the earnings for the best in the business have been left largely unabated. The historically common fee structure for hedge funds is the two-and-twenty model—that is, 2% of all assets under management (AUM) and 20% of profits based on performance.

This makes out to be a pretty penny when considering hedge fund AUMs go higher than $100 billion, like with Ray Dalio’s Bridgewater Associates. Generous fees charged on an exorbitant value of assets is part in why these 10 managers made it to the Forbes 400 list.

In fact, the top 10 hedge fund managers combine for $108 billion in net worth:

Manager Salary Earnings ($M) Net Worth ($M) Fund
Jim Simmons $1,800 $23,500 Renaissance Technologies
Chris Hohn $1,800 $16,900 TCI Fund Management
Ken Griffin $1,500 $15,000 Citadel
Izzy Englander $1,500 $7,200 Millennium Management
Chase Coleman $1,400 $6,900 Tiger Global Management
Steven Cohen $1,300 $5,000 Point72
David Tepper $1,300 $13,000 Appaloosa Management
Raymond Dalio $1,100 $16,900 Bridgewater Associates
Stephen Mandel Jr. $835 $2,800 Lone Pine Capital
Nelson Peltz $835 $1,700 Trian Partners
1 2
View single page >> |

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.