Highest Paid Hedge Fund Managers in 2010

March 4, 2012 James Heinsman Tops

John Paulson

AR Magazine reports that the combined income of the top paid hedge fund managers in 2010 was $22 billion up more than four times since the year 2000 when the combined earnings of the top 25 managers was ‘only’ $5 billion.

Most of their earnings come from fees which are charged regardless of how the funds perform, and in 2010 hedge funds did not do better than the stock market.

The number one hedge fund manager in terms of earnings is, not surprisingly, John Paulson, whose income is reported to be $4.9 billion in 2010. His Paulson and Company emerged as one of the industry’s top performing funds, worth about $36 billion.

Here are just five of those high-rollers:

1.    John Paulson: 2010 Earnings: $4.9 billion; Net worth: $16 billion as of March 2011; Firm: Paulson and Company.

2.    Ray Dalio: 2010 Net Earnings: $3.1 billion; Net worth: $6 billion as of March 2011; Firm: Bridgewater Associates.

3.    Jim Simons: 2010 Earnings: $2.5 billion; Net worth: $10.6 billion as of March 2011; Firm: Renaissance Technologies.

4.    David Tepper: 2010 Earnings: $2.2 billion; Net worth: $5 billion as of March 2011; Firm Appaloosa Management.

5.    Steve Cohen: 2010 Earnings: $1.3 billion; Net worth: $8 billion as of March 2011; Firm: SAC Capital
 

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