Hedge Fund managers make their fortune managing the fortunes of others. These men and women are exceptionally financially skilled and knowledgeable, and they do their job well. So well, in fact, that these men and women earn some of the highest salaries in the world. Many of these hedge fund managers are billionaires with several billion dollars net worth at the least. Read on to find out which five hedge fund managers are the richest in the world.
John Paulson — $11.2 Billion
He’s not doing so well at the moment in his professional life. His firm is not producing the numbers it needs to make his clients happy, but thus far Paulson’s personal net worth is still very much intact. In dealing with disappointing returns on his investments, however, this might not ring true for much longer.
James Simon — $11.7 Billion
In 2010, he retired from running his company, Renaissance Technologies and began enjoying the life he currently has with the wealth he built working for many years. He’s considered a mathematical genius and a code breaker, which has earned him an intimidating reputation.
Ray Dalio — $12.5 Billion
Dalio is a hedge fund manager in charge of the world’s most successful hedge fund operation, Bridgewater Associates. The company has belonged to Dalio since he opened it in the mid-1970s from this one bedroom apartment in New York. He’s in the midst of opening a larger building in Connecticut that will house more than double the number of people he currently has in his employ.
George Soros — $19.2 Billion
Back in 1969 he launched the firm Quantum Fund Management and began making his significant fortune. Today, he is the chairman of his company, Soros Fund Management. The firm is worth $24 billion. Soros doesn’t participate in the day-to-day activity, but he is the most important member of the board.
Carl Icahn — $20 Billion
He didn’t earn all of his money from his hedge fund company, but he did earn a lot of it did come from his time running his hedge fund. He’s now 77-years-old and has been in the fund game for decades, making most of his money in recent years after some really good investments provided him with a 28 percent return on his investments.
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