10 top-earning hedge fund billionaires

These are the managers who made the most in 2012.

By The Fiscal Times May 9, 2013 2:14PM
 Gold copyright Stockbyte, SuperStockBy The Fiscal TimesThe Fiscal Times logo

Hedge funds overall trailed the market last year, returning just 6.2% on average. 

Yet some big-name managers did much better for their investors -- and themselves. These are the ten top-earning hedge fund managers of 2012.

Slideshow: 10 top-earning hedge fund managers

Daniel Loeb, Third Point
2012 Earnings: $380 million
Net Worth: $1.5 billion
Age: 51
Education: Bachelor of Arts/Science, Columbia University

David Shaw, D.E. Shaw Group
2012 Earnings: $530 million
Net Worth: $3.4 billion
Age: 62
Education: Bachelor of Arts / Science, University of California, San Diego; Doctorate, Stanford University

Leon Cooperman, Omega Advisors
2012 Earnings: $560 million
Net Worth: $2.5 billion
Age: 70
Education: Bachelor of Arts/Science, Hunter College; Master of Business Administration, Columbia University

Stephen Mandel Jr., Lone Pine Capital
2012 Earnings: $580 million
Net Worth: $1.6 billion
Age: 57
Education: Bachelor of Arts/Science, Dartmouth College; Master of Business Administration, Harvard University

Edward Lampert, ESL Investments
2012 Earnings: $750 million
Net Worth: $3.1 billion
Age: 50
Education: Bachelor of Arts/Science, Yale University

Kenneth Griffin, Citadel
2012 Earnings: $900 million
Net Worth: $4.1 billion
Age: 44
Education: Bachelor of Arts/Science, Harvard University

James Simons, Renaissance Technologies
2012 Earnings: $1.1 billion
Net Worth: $11.7 billion
Age: 75
Education: Bachelor of Arts/Science, Massachusetts Institute of Technology; Doctorate, University of California Berkeley

Steven Cohen, SAC Capital Advisors
2012 Earnings: $1.4 billion
Net Worth: $9.3 billion
Age: 56
Education: Bachelor of Arts/Science, University of Pennsylvania Wharton School

Ray Dalio, Bridgewater Associates
2012 Earnings: $1.7 billion
Net Worth: $12.5 billion
Age: 63
Education: Bachelor of Arts/Science, Long Island University; Master of Business Administration, Harvard University

David Tepper, Appaloosa Management
2012 Earnings: $2.2 billion
Net Worth: $7 billion
Age: 55
Education: Bachelor of Arts/Science, University of Pittsburgh; Master of Business Administration, Carnegie Mellon University

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2Comments
May 9, 2013 2:57PM
avatar

Wooooeeee !

Those guys have gotten paid, and have a lot of money from rolling the dice.

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