The Obscene Amounts of Money the 10 Highest-Paid Hedge Fund Managers Just Made


Alpha Magazine has released its "Rich List," the annual rundown of the Unites States' highest-earning hedge fund managers and there's an interesting development. The top earners underwent a 45% drop in earnings during 2014, which prompted the magazine to invoke, "harsh memories of the global financial crisis [that] pervaded Wall Street."

Yes, the top hedge fund managers only pulled down a "paltry" $11.62 billion combined in 2014, around the same amount they were able to bag in 2008 and only a little more than half of what they generated in 2013. Head of Appaloosa Management David Tepper fell from Number 1 to 11th, taking in a "mere" $400 million. "In total, it was a rough year for hedge fund industry honchos," Jeff Cox wrote at CNBC.

Yes, rough. Here's the Top 10:

Ken Griffin, Citadel: $1.3 billion

James Simons, Renaissance: $1.2 billion

Ray Dalio, Bridgewater: $1.1 billion

Bill Ackman, Pershing Square: $950 million

Izzy Englander: Millenium: $900 million

Michael Platt, Bluecrest: $800 million

Larry Robbins, Glenview: $570 million

David Shaw, DE Shaw: $530 million

O. Andreas Halvorsen, Viking Global: $450 million

Charles Coleman, Tiger Global: $425 million

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ }}
@2022 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by