Historically, these managers have charged a 2% management fee and take around 20% of the annual profit they make for their clients. While some active funds have decreased fees to attract investors, successful managers have still been able to make a ton of money by managing the capital of their clients.
Using Forbes 2019 report, Markets Insider compiled a list of the wealthiest hedge-fund billionaires. Here are the richest hedge-fund managers in the world, in ascending order of their net worth.
Stanley Druckenmiller
Firm: Duquesne Capital Management
Robert Ziff
Firm: Ziff Brothers Investments
Dirk Ziff
Patrick McMullan/Getty Images
Firm: Ziff Brothers Investments
Dan Ziff (Left)
Firm: Ziff Brothers Investments
John Paulson
Paul Tudor Jones
Bruce Kovner
David Siegel
John Overdeck
Izzy Englander
Firm: Millennium Management
David Shaw
Michael Platt
Firm: BlueCrest Capital Management
David Tepper
Firm: Appaloosa Management
Ken Griffin
Screenshot YouTube/Milken Institute
Steve Cohen
Firm: Point72 Asset Management
Ray Dalio
Firm: Bridgewater Associates
Jim Simons
Firm: Renaissance Technologies
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Reuters / Brendan McDermid
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