Masters of the universe: meet the world's best-paid men

by alaaron | February 3, 2011 at 02:12 am
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Masters of the universe: meet the world's best-paid men

Masters of the universe: meet the world's best-paid men

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And who are these men? They are called hedge fund managers - in other words, they are investors who buy and sell all manner of financial instruments with the express aim of making money for their clients, and for themselves.

"They're a very private bunch," Mr Purcell explains, "largely because they earn so much. They are highly secretive in every aspect of what they do."

t the very top of the pile, we're talking $4bn. Just in case that hasn't quite registered yet - that's four billion dollars.

This does, of course, include bonuses and fees as well as salary. In fact, the salary is a tiny fraction of their overall pay.

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Meet The 28 Richest Billionaire Hedge Fund Managers

The 25 top-earning hedge fund managers made a record $25.3 billion. Some past top hedge fund managers include;

John Paulson, manager of hedge fund Paulson & Co., earned $5 billion in 2010, the biggest annual earning in history !

David Tepper of Appaloosa Management, made $4 billion last year on investments in the financial sector.

George Soros, a Hungarian-born investor who made his name in the currency market, had the second largest annual income at $3.3 billion.

James Simons of Renaissance Technologies, came in third with a $2.5 billion payday.

TOP HEDGE FUNDS

Bridgewater Associates

JPMorgan

Paulson & Co

Soros Fund Management

Och-Ziff Capital Management Group

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