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:
Tags: Bridgewater, Bruce Kovner, Compensation, DE Shaw, George Soros, Hedge funds, Jim Chanos, Jim Simons, John Arnold
Misery loves company: July was a rough month for some of the world’s largest and generally most profitable hedge funds, including Tudor Investments, Caxton and SAC Capital, as they got nailed in the market turmoil and put up losses. There were some bright spots, however, with Harbinger’s flagship fund up 17%, Passport up 30% and Pequot International up 9%.
Prenup time: Wedding bells may be ringing for hedge fund billionaire Bruce Kovner who runs 
The new Forbes 400 list of the wealthiest Americans is out. This year it’s not enough to have a nine figure net worth to have made the list. For the first time, you had to have a net worth of a billion bucks to have made this year’s cut. The total value of those on the list? A whopping $1.25 trillion bucks. That’s up $120 billion from last year. California has the most residents on the list with 90; New York has 44.
With millionaires a dime a dozen, it’s reasonable to expect that the list of billionaires in the world has also increased. This year’s Forbes list of ‘The World’s Billionaires’ has 793 people on it, up from 691 last year (and 140 twenty years ago). Total net worth of the group is a meager $2.6 trillion. Of course staple Bill Gates retains his numero uno ranking with $50 billion, Warren Buffett is #2 with $42 billion, and Carlos Slim Helu is #3 with $30 billion. 
