List of the 25 top-earning hedge fund managers in 2014 include familiar faces such as George Soros, Steve Cohen, Ray Dalio, and Ken Griffin. Point72 Asset Management, LP’s Steven A. Cohen, one of the most successful hedge fund managers ever, was the top earning hedge fund manager, garnering $1.3 billion last year, Forbes reported.
Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, LP, who operates the world’s largest hedge fund with $157 billion under management, earned $1.2 billion was tied with the 84 year old fund manager and philanthropist George Soros.
Overall, the 25 top-earning hedge fund managers and traders saw their earnings drop by 49 percent in 2014 compared with 2013, for a combined total of $12.8 billion last year.
Top 25 richest fund managers & traders by their estimated 2014 earnings:
1. Steve Cohen
2014 Earnings: $1.3 Billion
Steven A. Cohen is the Chairman and Chief Executive Officer of Point72 Asset Management, L.P. He founded S.A.C. Capital Advisors, L.P. in 1992 and converted his investment operations to the Point72 Asset Management family office in 2014. Mr. Cohen previously headed his own trading division at Gruntal & Co. where he managed proprietary capital for 14 years.
2. Ray Dalio
2014 Earnings: $1.2 Billion
Founder & Co-Chief Investment Officer, Bridgewater Associates
3. George Soros
2014 Earnings: $1.2 Billion
Founder, Soros Fund Management LLC
4. William Ackman
2014 Earnings: $1.1 Billion
Founder, CEO, Pershing Square Capital Management, L.P.
5. Ken Griffin
2014 Earnings: $1.1 Billion, Founder, Citadel LLC, Citadel LLC
6. James Simons
2014 Earnings: $1.1 Billion, Founder, Renaissance Technologies Corp.
7. Larry Robbins
2014 Earnings: $600-million, Glenview Capital Management
8. Andreas Halvorsen
2014 Earnings: $550-million, Viking Global Investors
9. David Shaw
2014 Earnings: $400-million, D. E. Shaw & Co., L.P.
10. David Tepper
2014 Earnings: $400-million, Appaloosa Management
11. Chase Coleman, III.
2014 Earnings: $380-million, Tiger Global Management
12. Israel Englander
2014 Earnings: $380-million, Millennium Management, L.L.C.
13. David Harding
2014 Earnings: $320-million, Winton Capital Management
14. Daniel Loeb
2014 Earnings: $300-million, Third Point
15. Michael Platt
2014 Earnings: $250-million, BlueCrest Capital Management
16. Daniel Och
2014 Earnings: $225-million, Och-Ziff Capital Management Group
17. Paul Singer
2014 Earnings: $225-million, Elliott Management
18. Feroz Dewan
2014 Earnings: $200-million, Tiger Global Management
19. David Einhorn
2014 Earnings: $200-million, Greenlight Capital
20. Christopher Hohn
2014 Earnings: $200-million, The Children’s Investment Fund Management
21. Paul Tudor Jones, II.
2014 Earnings: $200-million, Tudor Investment Corporation
22. Seth Klarman
2014 Earnings: $200-million, Baupost Group
23. Nelson Peltz
2014 Earnings: $170-million, Trian Fund Management
24. Stephen Mandel, Jr.
2014 Earnings: $150-million, Lone Pine Capital
25. Danny Yong
2014 Earnings: $150-million, Dymon Asia Capital