These 9 Hedge Fund Managers Made An Enormous Amount Of Money Last Year

By on May 17, 2019 in ArticlesBillionaire News

The fact is, 2018 was not a good year for hedge fund managers. I mean, they still made more money in one year than most of us will in a lifetime, but for their elevated expectations, 2018 was definitely an off year. Some even lost money. The average hedge fund manager returned -4.38% in 2018. Other traders – mostly the quantitative traders – did better. More than half of the highest-earning hedge fund managers and traders in 2018 used computer algorithms to fuel their funds.

The difficult year was capped off with insane volatility in the fourth quarter. Despite this, the following nine hedge fund managers brought home crazy salaries. There are some familiar names who make the list perennially, like David Shaw, Ray Dalio  and Ken Griffin. Other famous hedge fund managers that failed to make the list this year are Third Point's Daniel Loeb and Appaloosa Management's David Tepper. In fact, 12 of 25 hedge fund managers that made last year's list of the highest paid failed to make this list.

Eoin Noonan /Getty Images

9. Chase Coleman

Hedge fund: Tiger Global Management

Assets under management: $28 billion

2019 compensation: $465 million

8. David Shaw

Hedge fund: DE Shaw

Assets under management: $50 billion

2019 compensation: $500 million

7. Crispin Odey

Hedge fund: Odey Asset Management

Assets under management: $5 billion

2019 compensation: $530 million 

6. Izzy Englander

Hedge fund: Millennium Partners

Assets under management: $38 billion

2019 compensation: $750 million 

4.(tie) John Overdeck

Hedge fund: Two Sigma

Assets under management: $51 billion

2019 compensation: $820 million

4.(tie) David Siegel

Hedge fund: Two Sigma

Assets under management: $51 billion

2019 compensation: $820 million 

3. Ken Griffin

Hedge fund: Citadel

Assets under management: $30 billion

2019 compensation: $870 million 

2. James Simons

Hedge fund: Renaissance Technologies

Assets under management: $84 billion

2019 compensation: $1.5 billion 

1. Ray Dalio

Hedge fund: Bridgewater Associates

Assets under management: $137 billion

2019 compensation: $2 billion

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She has written for Los Angeles Magazine, Your Tango, Thinknum Media, and various airline magazines. Follow her on Facebook. Amy's favorite self-made billionaire is Sara Blakely.
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