Who is the richest hedge fund manager? (2024)

Who is the richest hedge fund manager?

Who Is the Richest Hedge Fund Manager? Ken Griffin of Citadel

is both the richest hedge fund manager and the highest paid. In 2022, he earned $41. billion, and by the beginning of 2023 his net worth was estimated at $35 billion.

Who is the highest paid hedge fund manager?

How many hedge fund managers are billionaires?

In their list, Forbes ahs mentioned that the twenty richest hedge fund billionaires list are worth $245 billion–up $4 billion from a year ago. 'But their individual returns have varied dramatically', Forbes mentions. The publication noted that they have counted 47 hedge fund billionaires.

Who is the billionaire hedge fund guy?

Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages more than $60 billion in assets. Griffin founded Citadel in 1990 but first began trading from his Harvard dorm in 1987.

Who owns the biggest hedge fund in the world?

Bridgewater Associates, a global investing force, had $168 billion under management at its peak in 2022, making it not just the world's largest hedge fund, but also more than twice the size of the runner-up.

Who is the king of hedge fund?

Who Is the Richest Hedge Fund Manager? Ken Griffin of Citadel is both the richest hedge fund manager and the highest paid. In 2022, he earned $41.

Who is the youngest billionaire hedge fund managers?

In 2007 he became the youngest billionaire in the U.S. Chase Coleman founded a hedge fund Tiger Global Management at the age of 26. In 2023 his wealth is estimated to be $8.5 billion.

Was Jeff Bezos a hedge fund manager?

He then joined D. E. Shaw & Co, a newly created hedge fund with a strong emphasis on mathematical modelling from 1990 until 1994. Bezos became D. E. Shaw's fourth senior vice-president by age 30.

Why are hedge fund managers so rich?

Hedge fund managers typically earn above-average compensation, often from a two-and-twenty fee structure. Hedge fund managers typically specialize in a particular investment strategy that they then use to power their fund portfolio's mandate for profits.

What degree do most hedge fund managers have?

Hedge fund managers often have a master's degree or even a Ph. D. in finance, mathematics, economics, financial engineering, quantitative finance, programming, marketing, or business administration. Others have advanced degrees in a specialty such as engineering or accounting.

Where do most hedge fund managers live?

Who is the most famous billionaire investor?

Warren Edward Buffett (/ˈbʌfɪt/ BUF-it; born August 30, 1930) is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his immense investment success, Buffett is one of the best-known investors in the world.

Who is the best fund manager in the world?

What is the most successful hedge fund ever?

Citadel has generated roughly $74 billion in total gains since its inception in 1990, making it the most successful hedge fund of all time.

What is the biggest hedge fund loss in history?

One of the most infamous hedge fund losses occurred in 1998 when Long-Term Capital Management (LTCM), a highly leveraged fund managed by a team of Nobel Prize-winning economists, collapsed and lost $4.6 billion in less than four months.

What are the top 3 hedge funds?

Did Warren Buffett have a hedge fund?

Warren Buffett is the most successful hedge fund investor of our time. While his firm Berkshire Hathaway Inc. (NYSE:BRK-A) is not structured as a hedge fund, meaning that it does not use leverage to make risky investments for massive profits, Mr.

Who is the godfather of hedge funds?

Alfred Winslow Jones (9 September 1900 – 2 June 1989) was an American investor, hedge fund manager, and sociologist. He is credited with forming the first modern hedge fund and is widely regarded as the "father of the hedge fund industry."

What is hedge fund manager salary?

Hedge Fund Manager Salaries in India

Updated 29 Feb 2024. Low Confidence. ₹13L - ₹14L/yr.

Do you have to be rich to hedge fund?

3 In exchange, the Securities and Exchange Commission (SEC) requires a majority of hedge fund investors to be accredited, which means possessing a net worth of more than $1 million and a sophisticated understanding of personal finance, investing, and trading.

Do hedge fund managers make millions?

Even if the hedge fund manager loses money, he still gets 2% of assets. A manager overseeing a $1 billion fund could pocket $20 million a year in compensation without lifting a finger.

Who is Steve Cohen hedge fund billionaire?

Steven A. Cohen (born June 11, 1956) is an American hedge-fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning just over 97% of the team. He is the founder of hedge fund Point72 Asset Management and S.A.C.

Who is the No 1 richest person in world?

Who is the richest man in the world? As of March 1, 2024, the richest person in the world is Bernard Arnault, the CEO of French luxury goods group LVMH; he's worth nearly $230 billion. He moved into the number one spot in late January, overtaking Elon Musk.

Who is richer Elon Musk or Jeff Bezos?

Amazon founder reclaims title for the first time since the fall of 2021. Jeff Bezos is back on top. .com founder is once again the world's richest person, eclipsing Elon Musk and jumping atop the Bloomberg Billionaires Index for the first time since the fall of 2021.

What was Jeff Bezos GPA?

Bezos went on to graduate summa cum laude from Princeton University (with a 4.2 GPA!) armed with degrees in electrical engineering and computer science. He served as the Head of Development and Director of Customer Service at Fitel, a telecommunications startup, before becoming the Product Manager at Bankers Trust.