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  1. As of November 2019, Forbes Magazine estimated his net worth to be US$5.3 billion, making him the 343rd richest person on the Forbes 400 and the 7th highest-earning hedge fund manager. [25] [26] In 2019, Tudor Jones and his wife joined the Giving Pledge, vowing to give most of their wealth to charitable causes. [27]

  2. 4 days ago · Forbes ranks Paul Tudor Jones II as the #345 richest person in the world with $8.1 billion as of 9/11/24. He is a hedge fund manager known for his macro trades and the cofounder of the Robin Hood Foundation.

    • Founder
    • Carl Icahn. Net Worth: $17.5 billion. Carl Icahn, an American hedge fund manager, was referred to as a corporate raider in the 1980s, but in subsequent years, he was more frequently characterized as an activist investor.
    • Michael Platt. Net Worth: $16 billion. Michael Platt is the co-founder and CEO of BlueCrest Capital Management, established in 2000 following his nearly decade-long tenure at JPMorgan.
    • Israel Englander. Net Worth: $11.5 billion. Israel (Izzy) Englander serves as the founder, CEO, and proprietor of Millennium Management, a multi-strategy hedge fund.
    • Chase Coleman. Net Worth: $8.5 billion. Charles Payson "Chase" Coleman III is an American billionaire hedge fund manager and the creator of Tiger Global Management.
    • Jim Simons
    • Ray Dalio
    • Carl Icahn
    • Ken Griffin
    • Steve Cohen
    • David Tepper
    • Israel Englander
    • Chase Coleman
    • George Soros
    • David Shaw

    2020 Net Worth: $23.5 billion

    America’s richest hedge fund manager for the fourth year running, Jim Simons founded Long Island-based Renaissance Technologies in 1982. His esteemed quantitative trading firm, which today manages some $50 billion in assets, is famous for its Medallion Fund, a $10 billion black-box strategy that is only open to Renaissance owners and employees. Though Simons officially retired in 2010, he is still involved at the firm and continues to benefit from its funds.

    2020 Net Worth: $16.9 billion

    Ray Dalio famously started Bridgewater Associates in 1975 out of his two-bedroom apartment in New York. By forty years later, he had turned it into the world’s largest hedge fund, which today manages some $154 billion in assets. Though Dalio stepped down as co-CEO of Bridgewater in 2017, he remains chairman and co-chief investment officer. Bridgewater returns took a hit during the pandemic market crash and subsequent economic rebound—the firm lost $12.1 billion for investors in 2020, accordin...

    2020 Net Worth: $14 billion

    Another Wall Street legend, activist investor Carl Icahn has been making an impact on corporate America for decades. Shares of his primary investing vehicle, Icahn Enterprises—a vast conglomerate that invests in everything from casinos and energy to real estate and food packaging—are down slightly in 2021. So far this year, Icahn has sold stakes in companies like Occidental Petroleum and Herbalife, while adding to positions in companies such as Xerox.

    2020 Net Worth: $15 billion

    Ken Griffin runs Citadel, a Chicago-based hedge fund firm he founded in 1990 that manages roughly $39 billion in assets. After returning 24% in 2020, the firm’s flagship Wellington fund was reportedlyup nearly 10% for the year through August. Griffin is also the founder of Citadel Securities, one of the biggest market-making firms on Wall Street.

    2020 Net Worth: $14.5 billion

    Steve Cohen founded and runs hedge fund Point72 Asset Management, which has $20 billion of assets under management. The firm started managing outside capital in 2018, following a two-year supervisory ban stemming from insider-trading charges leveled at Cohen’s previous firm, SAC Capital. In October 2020, Cohen completed his purchaseof the New York Mets baseball team for $2.4 billion.

    2020 Net Worth: $13 billion

    Arguably the greatest hedge fund manager of his generation, David Tepper runs Appaloosa Management, which boasted annualized returns of 25% in its first 25 years. Tepper has been steadily winding down and returning money to clients in recent years, however, with Appaloosa’s assets under management down to $13 billion, down from a peak of $20 billion. His fund returned over 10% in the first half of 2021.

    2020 Net Worth: $7.2 billion

    Israel Englander founded Millennium Management in 1989 with $35 million from friends and family. Today, his hedge fund firm manages nearly $53 billion. After returning 26% in 2020—generating $10.2 billion in net gains for investors, according to LCH Investments—his fund was up nearly 7% through the end of July 2021.

    2020 Net Worth: $6.9 billion

    Again the youngest hedge fund manager on The Forbes 400 at 46-years-old, Chase Coleman is also this year’s biggest gainer, with his net worth rising $3.4 billion. He has had another stellar year with Tiger Global Management, boasting an annualized net return of 21% since he started the firm he started 20 years ago. Coleman has been building up Tiger’s Global venture funds in recent years, which now account for $40 billion of the firm’s total $65 billion in assets.

    2020 Net Worth: $8.6 billion

    Another celebrated hedge fund tycoon, George Soros managed client money from 1969 to 2011. He famously became known as the man who broke the Bank of England when he shorted the British pound in 1992 for a reported $1 billion profit. He no longer manages money for clients but still invests through his family office fund. Through his Open Society Foundations, Soros has given away $16.8 billion to philanthropy in his lifetime.

    2020 Net Worth: $6.5 billion

    A former computer science professor at Columbia University, David Shaw founded his quantitative hedge fund, D.E. Shaw, in 1988. Known for using sophisticated mathematical modeling and algorithms, the fund now manages more than $55 billion in assets. Shaw stepped away from day-to-day operations in 2002, leaving an executive committee to oversee the firm.

    • Sergei Klebnikov
    • He’s a multi-billionaire. As of 2019, Forbes estimates that Jones is worth a hefty $5.1 billion. The sizable net worth makes the 65-year-old the 343rd richest man in the world, the 7th highest-earning hedge fund manager in 2019, and #131 on the Forbes 400.
    • He almost went to Harvard Business School. After graduating from the University of Virginia with a degree in economics in 1976, Jones spent a brief spell working on the trading floors as a clerk, before taking on an appointment as a broker for E.F.
    • He loves the excitement of trading. On Jones’ first visit to the commodities exchange, he decided there and then that that was the future for him. “I went to New York and saw the floor of the commodities exchange and there was such an energy level there and so much excitement that I knew that was the place for me,” he’s said.
    • He’s no solitary soldier. After deciding not to pursue his education further at Harvard, Jones chose to stay in New York and go it alone. He found the experience of working without the backup of a team difficult and admitted to being “really bored”.
  3. Sep 8, 2020 · 2019 NET WORTH: $21.6 billion. The world's richest hedge fund manager founded Long Island-based Renaissance Technologies in 1982. The quantitative trading firm, dubbed RenTech for short,...

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  5. Apr 4, 2023 · 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.

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