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 billionaire hedge fund guy?

Real Time Net Worth

Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages $59 billion in assets.

Who is the largest hedge fund manager?

Bridgewater Associates

Today Bridgewater is the largest hedge fund in the world and Dalio has a personal fortune of approximately $19 billion.

Who is the American billionaire hedge fund manager?

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.

Who is the best hedge fund manager of all time?

Who is the highest paid fund manager in the world?

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.

What hedge fund did Jeff Bezos work at?

After he quit Fitel, he went to Bankers Trust where he worked as a product manager. While at Bankers Trust, Bezos focused on selling software pension-fund client. He left Banker's Trust after two years for hedge fund D. E. Shaw. He became a senior vice president after only four years of working at D.E. Shaw.

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.

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 is the most profitable hedge fund ever?

Citadel, a Miami-based multistrategy hedge-fund firm, led the list with a $74 billion net gain for its investors since inception in 1990 through 2023. It racked up an $8.1 billion profit last year.

Who is the youngest billionaire in the stock market?

According to Forbes Billionaires List 2024, a 19-year-old Brazilian student Livia Voigt was named the youngest billionaire. She took this title from an Italian teen, Clemente Del Vecchio, who is just two months older than her.

Who is the number one hedge fund manager?

Who is the youngest hedge fund manager ever?

Cole Mattox is the youngest hedge fund manager in the world as he's currently 22 years old! He founded his own firm, North Tabor Capital, in 2017, when he was only 17. At the time, he was still in high school at Seton Hall Preparatory School.

Who is the legendary hedge fund manager?

Ray Dalio

Ray Dalio in 1975 founded Bridgewater Associates which went on to become the largest hedge fund in the world. According to Forbes, the hedge fund has over $124 billion in assets under management.

Who is the largest hedge fund founder?

Ray Dalio is best known as the founder of Bridgewater Associates, which is the world's largest hedge fund. Dalio founded the firm out of his apartment in 1975 and went on to serve as its chief executive officer (CEO), chief investment officer (CIO), and chairman.

How many hedge fund managers are billionaires?

In total, Forbes counts 47 hedge fund billionaires who have a combined net worth of $312 billion, up slightly from the same number in 2022 who were worth $310 billion.

How much does a CEO of a hedge fund make?

The median manager earned $570 million — the fourth best in 22 years — and the seven highest earners all made at least $1 billion. 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.

Do billionaires use hedge funds?

The recent Forbes 400 (richest American billionaires) list has about 112 people, by my count, who made their fortunes in some form of Finance, Investments, Hedge Funds, insurance or banking.

What is the highest paid job in the world?

Which hedge funds own Amazon?

Who are the 5 richest people in the world?

Among the findings, Oxfam highlighted how the personal fortunes of the world's five richest people — Tesla CEO Elon Musk, Bernard Arnault and his family of luxury company LVMH, Amazon founder Jeff Bezos, Oracle founder Larry Ellison and investment guru Warren Buffett — have more than doubled since 2020.

Where did Jeff Bezos get his seed money?

This initial and rapid success helped Bezos acquire approximately US$1 million in seed funding from approximately 20 angel investors between 1995 and 1996. In 1996, the venture capital firm Kleiner Perkins also invested another US$8 million in the company.

What is the highest paying job in a hedge fund?

Which university is best for hedge fund?

The top school for American hedge funds was Harvard University, followed by Penn and Chicago. For U.S. equities, Penn was first, followed by Chicago and Harvard. In U.S. fixed income, Penn was again number one, followed by Chicago and New York University.

How many hours a week do hedge fund managers work?

Hedge Fund Analyst Hours and Lifestyle

At smaller, single-manager funds, the average might be 10-12 hours per day, for a total of 50-60 hours per week (weekend work is rare). As you move to larger, multi-manager funds, the hours and stress get worse, so the average may be more like 60-70 hours per week.