In today’s article we are going to look at 10 of the richest traders in the world.
You will more than likely recognise some of the names in this list, with high flyers like Ray Dalio and George Soros featuring prominently.
The top 25 highest-earning hedge fund managers and traders actually saw a significant drop in profits in 2014, but they still managed to rake in an impressive total of $12.8 billion between them.
So without further ado best take a look at the rundown of the 10 richest hedge fund managers and traders in the world today.
1. Steve Cohen
Numero uno in today’s list is Steve Cohen, who netted an incredible $1.3 billion in earnings for 2014. Cohen is the Chairman and Chief Executive Officer for Point72 Asset Management, which is where he converted his invested operations to from S.A.C. Capital Advisors, L.P. in 2014.
2. George Soros
Soros is a name we are all familiar with, and as the founder of Soros Fund Management, LLC he amassed $1.2 billion in earnings for 2014.
3. Ray Dalio
Ray Dalio, the founder & Co-Chief Investment Officer of Bridgewater Associates has technically tied for second place with George, again accruing an equally impressive $1.2 billion in 2014 earnings.
4. William Ackman
William Ackman, founder and CEO of Pershing Square Capital Management, L.P. is the first of our next three hedge fund contenders, each of which earned $1.1 billion in 2014.
5. Ken Griffin
Ken Griffin is the founder of Citadel LLC, a adding $1.1 billion to his hedge fund portfolio last year.
6. James Simons
As founder of Renaissance Technologies Corp., James Simons has earned $1.1 billion for the company throughout 2014.
7. Larry Robbins
The remaining hedge fund wizards on today’s list earned no more than roughly half of what the top performers did for 2014, but with $600 million in profits for Glenview Capital Management, Larry Robbins is still one of the major players in the finance world.
8. Andreas Halvorsen
Viking Global Investors should be quite pleased to have Halvorsen on their payroll because he netted them $550 million last year.
9. David Shaw
With a total of $400 million in earnings for the year of 2014, David Shaw continues to take his company D. E. Shaw & Co., L.P. to new heights.
10. David Tepper
David Tepper is another member of the 400-Million Club, proving to be an undeniably valuable asset for Appaloosa Management.
There are certainly plenty more hedge fund superstars around the world but these 10 investors have proven their worth above everyone else.
If you would like to up your game in your own investments then you may almost certainly stand to learn a few things from these guys!
Source:: 10 Richest Traders in the World