Hedge to Riches
It seems 2005 paid off for many hedge fund managers as they are now getting attention for their earnings. In order to be in the top 25 you had to at least make $130 million. Not only that but the top 25 averaged $363 million. I sort of wonder what the dream jobs of tomorrow will be after these fund managers keep bringing in out of the world earnings. I would pick being a hedge fund manager over a CEO any day. Many of these fund managers take home 20% of the annual returns, so you can see how they are earning so much.
Top 10
1. James Simons $1.5-billion
2. T. Boone Pickens $1.4-billion
3. George Soros $840-million
4. Steven Cohen $550-million
5. Paul Tudor Jones $500-million
6. Edward Lampert $425-million
7. Bruce Kovner $400-million
8. David Tepper $400-million
9. David Shaw $340-million
10. Stephen Mandel $275-million
