Who is the richest hedge fund CEO? (2024)

Who is the richest hedge fund CEO?

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 billionaire hedge fund guy?

William Albert Ackman (born May 11, 1966) is an American billionaire hedge fund manager who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. His investment approach has made him an activist investor.

How much is Philippe Laffont worth?

Who is the most successful hedge fund?

One of the most profitable hedge funds of all times, Citadel generated $16 billion in profits for its investors in 2022, and earned $65.9 billion in net gains since 1990, making it the top-earning hedge fund ever.

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.

Who owns the biggest hedge fund?

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.

How many billionaires are in a hedge fund?

Forbes noted that they have counted 47 hedge fund billionaires. Forbes mentioned that the 47 people have a combined net worth of $312 billion, up slightly from the same number in 2022 who were worth $310 billion.

Did Jeff Bezos work at a hedge fund?

Early career

He transitioned into the banking industry when he became a product manager at Bankers Trust from 1988 to 1990. 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.

Who is the highest paid fund manager in the world?

The top earner was Ken Griffin, founder of multistrategy giant Citadel. He personally made $4.1 billion — the most any hedge fund manager has ever earned in the history of the Rich List.

Where is Philippe Laffont from?

Born in Belgium, Laffont liked to tinker with computers while growing up in France, according to a video interview he gave to OneWire. He left France to attend the Massachusetts Institute of Technology, graduating in 1989 with a computer science degree.

Who owns BlackRock?

Who Owns BlackRock? BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders. The specifics of these shareholders can change over time.

Is JP Morgan a hedge fund?

J.P. Morgan Alternative Asset Management (JPMAAM) is a dedicated, global provider of niche hedge fund strategies. Since its inception in 1995, JPMAAM has focused on developing customized solutions across the liquidity spectrum to help investors achieve their strategic investment objectives.

Is BlackRock a hedge fund?

BlackRock manages US$38bn across a broad range of hedge fund strategies. With over 20 years of proven experience, the depth and breadth of our platform has evolved into a comprehensive toolkit of 30+ strategies.

How much did John Arnold make at Enron?

SUCCESS AT ENRON

He soon moved to trading crude oil and eventually to natural gas. This proved to be his bread and butter, and Arnold began making lots of money for the firm. In one year alone, he brought in $750 million in trading profits, earning an $8 million bonus for his efforts.

What is the highest paying hedge fund salary?

Hedge Fund salaries range between $58,000 a year in the bottom 10th percentile to $172,000 in the top 90th percentile. Hedge Fund pays $48.12 an hour on average. Geographic location also impacts Hedge Fund salaries. Hedge Fund employees in New York, NY get paid the most.

Who is the richest youngest investor?

The wealthiest, and youngest, among the list is Clemente Del Vecchio, one of the six children of Leonardo Del Vecchio, the chairman of EssilorLuxottica who died in 2022. Clemente is just 19 but has a net worth of $4.1 billion.

Does Bill Gates invest in hedge funds?

Although he doesn't manage a public company or hedge fund like Buffett and Griffin do, he's donated a boatload of money to the Bill & Melinda Gates Foundation Trust. And over half of this charitable foundation's $42 billion portfolio is invested in these three dividend stocks.

Who invests the most in hedge funds?

They also manage sovereign wealth funds for entire countries. They handle the cash assets of insurance companies, other corporations, and trusts. Institutional investors provide 65% of the capital invested in hedge funds.

Which country has the most hedge funds?

Fund managers are also increasingly applying artificial intelligence and machine learning (AIML) techniques to improve operational efficiencies and boost returns. In this industry, the United States was the top country regarding hedge funds assets under management, accounting for three-quarters of the world.

How much net worth do you need to have to be in a 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.

Can you get rich working at a hedge fund?

Many people are drawn to the hedge fund career path because of the money: even junior-level employees can earn $500K up to $1 million, and senior-level Portfolio Managers can go well beyond that.

Who is No 1 richest person in world?

Jeff Bezos is world's richest person again, edging out former No. 1 Elon Musk. Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.

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. chief Bernard Arnault's was $197 billion.

How much does Jeff Bezos make an hour?

Jeff Bezos made over $7.9 million an hour every hour in 2023; in under 13 minutes, he brought in the equivalent of what the typical person earns in a lifetime, per Benzinga.

Why are hedge funds so rich?

Hedge funds are generally more aggressive, riskier, and more exclusive than mutual funds. Their managers have freer rein to invest in a wide variety of assets and to use bolder strategies in pursuit of higher profits, and are rewarded with much higher fees than mutual funds charge.