In this piece, we will take a look at the five highest paid hedge fund managers of all time. If you want to take a deeper look at the hedge fund industry and the top managers’ top investments, take a look at 20 Highest Paid Hedge Fund Managers of All Time.
5. Ray Dalio
Latest Net Worth Estimate: $19.1 Billion
Ray Dalio is also another well known name in the hedge fund world. His firm Bridgewater Associates is one of the largest funds of its kind, and Mr. Dalio is known for sharing sharp insights on life and business on his Twitter page. Mr. Dalio has been dabbling with investments for decades, and he first started trading in his childhood when other kids were wondering if there was such a thing as puberty. His net worth peaked at $22 billion last year, but we’re sure he doesn’t mind being worth $19.1 billion either.
4. George Soros
Latest Net Worth Estimate: $24.7 Billion
George Soros is one of the most renowned figures in the investment world. He set up the Soros Fund in 1969 and stepped down from the role in 2011. His story is also one of rags to riches, with Mr. Soros having worked odd jobs to fund his education. While Mr. Soros’ net worth is listed as $6.4 billion, the fact is that he donated a stunning $18 billion to the Open Society Foundations by 2018. So, we’ve added that to his net worth since it accurately represents the money he’s made due to his financial wizardry.
3. Jim Simons
Latest Net Worth Estimate: $28.1 Billion
Jim Simons is a behemoth in the investment world. Like Mr. Shaw, he is also a mathematical genius and has used his number skills to make billions on the stock market. Jim Simons heads the hedge fund Renaissance Technologies, and the hedge fund made a surprising move in this year’s first quarter when it decided to significantly reduce its stake in the Cupertino, California consumer technology giant Apple, Inc. (NASDAQ:AAPL). These days though, he is enjoying the comforts of retired life after having stepped down from his fund.
2. Ken Griffin
Latest Net Worth Estimate: $33.2 Billion
Coming in second on our list of the most highly paid hedge fund managers is none other than the star of 2022, Ken Griffin. If you don’t know why, then be sure to check out the first part of this piece to see how Mr. Griffin thrived while others faltered. His hedge fund, Citadel Investments, was the best performing hedge fund last year. Naturally, this has also led to Mr. Griffin’s net worth jumping from $27 billion in 2022 to $33.2 billion as of July 2023.
1. Warren Buffett
Latest Net Worth Estimate: $114.9 Billion
The only difference between Warren Buffett’s Berkshire Hathaway and a hedge fund is that the former does not charge a performance fee. Apart from that, the investment holding company is a hedge fund in all respects. Mr. Buffett is known as the ‘Oracle of Omaha’, and for good reason, since he has invested in some of the most successful companies in history.
Disclosure: None. You can also take a look at 10 Momentum Stocks Billionaires Are Loading Up On and 11 Most Undervalued Foreign Stocks To Buy.
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