Alpha Magazine's list of the top 25 hedge fund earners is out and Renaissance Technologies' Jim Simons has recaptured the top position with earnings estimated at $2.5 billion. John Paulson moved down to #2 at $2 billion. Centaurus Energy's John Arnold is #4 at $1.5 billion, George Soros is #4 at $1.1 billion and Bridgewater Associates' Ray Dalio rounds out the top five at $780 million. Here are the top 25:
Rank Name Firm Name 2008 Earnings
1 James Simons Renaissance Technologies Corp. $2.5 billion Profile
2 John Paulson Paulson & Co. $2 billion Profile
3 John Arnold Centaurus Energy $1.5 billion Profile
4 George Soros Soros Fund Management $1.1 billion Profile
5 Raymond Dalio Bridgewater Associates $780 million Profile
6 Bruce Kovner Caxton Associates $640 million Profile
7 David Shaw D.E. Shaw & Co. $275 million Profile
8 Stanley Druckenmiller Duquesne Capital Management $260 million Profile
9 (tie) David Harding Winton Capital Management $250 million Profile
9 (tie) Alan Howard Brevan Howard Asset Management $250 million Profile
9 (tie) John Taylor Jr. FX Concepts $250 million Profile
The earnings and profiles for the remainder of the top 25 will be out on Thursday:
12 James Chanos Kynikos Associates
13 Michael Platt BlueCrest Capital Management
14 Roy Niederhoffer R.G. Niederhoffer Capital Management
15 John Horseman Horseman Capital Management
16 Paul Touradji Touradji Capital Management
17 Henry Laufer Renaissance Technologies Corp.
18 Kenneth Tropin Graham Capital Management
19 (tie) Pierre Andurand
Dennis Crema BlueGold Capital Management
19 (tie) Christopher Rokos Brevan Howard Asset Management
22 (tie) Christian Baha Superfund
22 (tie) Christian Levett Clive Capital
24 William Dunn Dunn Capital Management
25 Andrew Hoine Paulson & Co.
The 25 Highest-Earning Hedge Fund Managers – Alpha Magazine
Tags: Bridgewater, Bruce Kovner, Compensation, DE Shaw, George Soros, Hedge funds, Jim Chanos, Jim Simons, John Arnold
the presence of Christian Baha and Superfraud on this list is a travesty.