Highest Paid Hedge Fund Managers

In 2010, John Paulson topped the list in hedge fund manager earnings with $ 4.9 billion.

The Advantage Plus Fund he manages returned 17% that year.

In 2011, he steered the same fund to a 51% loss.

Paulson Advantage Plus Fund Drops 51% in 'Aberrational Year'

So that means he didn't top the list in pay among hedge fund managers in 2011.

Here's who did.

The Rich List

1 Raymond Dalio (Bridgewater Associates): $ 3.9 billion
2 Carl Icahn (Icahn Capital Management): $ 2.5 billion
3 James Simons (Renaissance Technologies Corp.): $ 2.1 billion
4 Kenneth Griffin (Citadel): $ 700 million
5 Steven Cohen (SAC Capital advisors): $ 585 million

Pay For Top-Earning U.S. Hedge Fund Managers

The top 25 hedge fund managers in pay earned a combined $ 14.4 billion. So their average pay came in at $576 million per manager last year.

That's down from $883 million in 2010.

I guess that makes 2011, at least by comparison, quite a bargain.

There shouldn't be much ambiguity about how I view these kind of fees based upon prior posts.

To me, the idea of paying someone even 1% to manage money seems expensive.

Frictional costs gone wild.

Adam

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Highest Paid Hedge Fund Managers

Reviewed by jembe
Published : 2012-03-30T07:18:00-07:00
Rating : 4.5