Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Clavis

Rank: President [?]

Points: 26378 [?]

Votes: 242 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Forbes' List of Billionaires Features 45 Hedge Fund Managers

posted on Apr 02, 2009 09:23AM

http://seekingalpha.com/article/1290...

Forbes' List of Billionaires Features 45 Hedge Fund Managers

by: Market Folly April 02, 2009

Well, fresh off our posts on the Top25 highest paid hedge fund managers of 2008, as well as our biggest losers of 2008, we've stumbled upon Forbes' annual Billionaire List. The list encompasses all industries; but, as you can imagine, there are a lot of big hedge fund names on this list. Without further ado, the list of alternative managers on Forbes' list:

Rank	Billionaire	Firm	Net Worth (billions)
29	George Soros	Soros Fund Management	$11
43	Carl Icahn	Icahn Associates	$9
55	James Simons	Renaissance Technologies	$8
76	John Paulson	Paulson & Co.	$6
87	Steven Cohen	SAC Capital Advisors	$5.5
164	Stanley Druckenmiller	Duquesne Capital Management	$3.5
164	Bruce Kovner	Caxton Associates	$3.5
164	Daniel Ziff	Och-Ziff Capital Management	$3.5
164	Dirk Ziff	Och-Ziff Capital Management	$3.5
164	Robert Ziff	Och-Ziff Capital Management	$3.5
205	Henry Kravis	Kohlberg Kravis Roberts	$3
205	Sam Zell	Equity Group Investments	$3
224	Paul Tudor Jones	Tudor Investment Corp.	$2.8
234	John Arnold	Centaurus Energy Advisors	$2.7
246	George Roberts	Kohlberg Kravis Roberts	$2.6
261	Ray Dalio	Bridgewater Associates	$2.5
261	Stephen Schwartzman	The Blackstone Group	$2.5
296	Philip Falcone	Harbinger Capital Management	$2.3
334	Tom Gores	Platinum Equity	$2
334	Edward Lampert	ESL Investments	$2
334	Daniel Och	Och-Ziff Capital Management	$2
334	T. Boone Pickens	BP Capital	$2
450	David Shaw	D.E. Shaw Group	$1.6
468	Louis Bacon	Moore Capital Management	$1.5
468	Israel Englander	Millennium Partners	$1.5
468	Kenneth Griffin	Citadel Investment Group	$1.5
522	William Conway	The Carlyle Group	$1.4
522	Daniel D'Aniello	The Carlyle Group	$1.4
522	Thomas Lee	Lee Equity Partners	$1.4
522	David Rubenstein	The Carlyle Group	$1.4
559	Alec Gores	Gores Group	$1.3
559	Raj Rajaratnam	Galleon Group	$1.3
559	Julian Robertson	Tiger Management	$1.3
559	Wilbur Ross	WL Ross & Co.	$1.3
601	Stephen Mandel	Lone Pine Capital	$1.2
601	David Tepper	Appaloosa Management	$1.2
647	Leon Black	Apollo Management	$1.1
647	John Henry	John W. Henry & Co.	$1.1
647	Marc Lasry	Avenue Capital Management	$1.1
701	David Bonderman	TPG	$1
701	Leon Cooperman	Omega Advisors	$1
701	James Dinan	York Capital	$1
701	Glenn Dubin	Highbridge Capital Management	$1
701	Theodore Forstmann	Forstmann Little	$1
701	Henry Swicea	Highbridge Capital Management	$1

As we said, some very familiar names fill up that list. To get a better idea as to how well their specific hedge funds are doing, check out Alpha's hedge fund rankings. And, for a list of those with converse fortunes, check out the recent list of 2008 hedge fund closures. In all, there are 793 richest men in the world, led by the #1 ranked Bill Gates (founder of Microsoft). In terms of the investment industry, 45 billionaires made the list.