Getty Images / ChinaFotoPressGeorge Soros is the richest hedge fund manager in the US.Forbes has released its annual "Richest People In America" list.
Fund managers Bill Ackman of Pershing Square and David Tepper of Appaloosa control saw their web well worth boost considerably in past times 12 months. Steve Cohen saw a $1.3 billion leap inside the private lot of money.
There have been two newcomers towards number. Quant investment managers David Siegel and John Overdeck, cofounders associated with $28 billion Two Sigma Investments, each has actually approximately web well worth of $2.8 billion. Two Sigma crushed it in 2014, with one of the funds ending the year up 57.55% and another one of the funds returning 25.56%, according to Forbes.
The 85-year-old George Soros is still king, though, with around web worth of $24.5 billion.
On the bright side, many billionaire investment managers in the usa don't result in the slice. Folks like Baupost Group's Seth Klarman and Discovery Capital's Rob Citrone, who are worth 10 figures, just weren't quite rich sufficient.