Age: 46
Net Worth: $1.6 billion
Total amount of assets: $17.6 billion
Joshua S. Friedman started Canyon Partners with another former Drexel Burnham trader, Mitchell Julis in 1990. Friedman went to Drexel after a stint at, you guessed it, Goldman Sachs. Canyon Partners is an employee-owned hedge fund, which follows the multi-strategy investment policies.