Ken Griffin
Lucy Nicholson | Reuters
Renaissance Applied sciences's James Simons, Citadel's Ken Griffin, Factors72's Steven Cohen and Appaloosa Administration's David Tepper have been among the many largest hedge fund earners in 2019 with every man raking in over $1 billion, in keeping with Institutional Investor's Wealthy Checklist.
No. 1 on the record was Christopher Hohn of TCI Fund Administration, who earned in $1.eight billion final 12 months, in keeping with Institutional Investor.
Bridgewater Associates founder Ray Dalio and activist investor and Trian Companions supervisor Nelson Peltz additionally made the High 10 on the annual record, which Institutional Investor revealed on Thursday. On account of a banner 12 months, the 25 highest-earning hedge fund managers made a mixed $20.2 billion in 2019, essentially the most since 2013.
To make sure, the eye-popping incomes for these people got here earlier than traders needed to take care of the unfold of the novel coronavirus and its influence on the worldwide financial system. Many of those high-profile hedge funds have been caught...
Supply cnbc.com