The 33 richest hedge fund managers in the US by Julia La Roche on Sep 30, 2015, 10:12 AM Advertisement
 Forbes has released its annual "Richest People In America" list. The Forbes 400 always includes the biggest names in the hedge fund space. We counted 33 hedge fund managers this year. Fund managers Bill Ackman of Pershing Square and David Tepper of Appaloosa Management saw their net-worth increase significantly in the past year. Steve Cohen also saw a $1.3 billion jump in his personal fortune. There were two newcomers to the list. Quant fund managers David Siegel and John Overdeck, the cofounders of $28 billion Two Sigma Investments, both have an estimated networth of $2.8 billion. Two Sigma crushed it in 2014, with one of the funds ending the year up 57.55% and another one of the funds returning 25.56%, according to Forbes. The 85-year-old George Soros is still king, though, with an estimated net-worth of $24.5 billion. On the flip side, numerous billionaire fund managers in the US didn't make the cut. Folks like Baupost Group's Seth Klarman and Discovery Capital's Rob Citrone, who are worth 10 figures, weren't quite rich enough. David Einhorn  Rank: 375 Net-worth: $1.8 billion Age: 46 Fund: Greenlight Capital Source: Forbes
Louis Bacon  Rank: 375 Net-worth: $1.8 billion Age: 57 Fund: Moore Capital Management Source: Forbes
Marc Lasry  Rank: 358 Net-worth: $1.9 billion Age: 55 Fund: Avenue Capital Source: Forbes
See the rest of the story at Business Insider
| 
0 comments:
Post a Comment