Cohen Tops Forbes List Of Highest Paid Hedgies And Traders

Feb 25 2015 | 2:57pm ET

It’s that time of year again when Forbes tells us which of the big boys are bringing home the mega bucks. In total, the 25 highest-earning hedge fund managers and traders in 2014 took home a combined $12.5 billion. But while that figure sounds high, unfortunately for them, it pales in comparison to the $24 billion they took home in 2013.

This year, George Soros was bumped from his spot as the number one earner by former “hedgie” Steve Cohen. While Cohen technically no longer runs a hedge fund (due to that pesky little guilty plea for insider trading by his old firm, the now defunct SAC Capital Advisors), according to Forbes, his new firm, Point72 Asset Management, “still functions like a major hedge fund and manages more than $10 billion.”

So, without further ado, here is the list of the top 25 highest earning “Masters Of The Universe” in 2014, courtesy of Forbes:

#1 Steve Cohen  -  $1.3 B
Founder, Point72 Asset Management

#2 Ray Dalio  -  $1.2 B
Founder & Co-Chief Investment Officer, Bridgewater Associates

#2 George Soros  -  $1.2 B
Founder, Soros Fund Management LLC

#4 William Ackman  -  $1.1 B
Founder, CEO, Pershing Square Capital Management, L.P.

#4 Ken Griffin  -  $1.1 B
Founder, Citadel LLC
#4 James Simons  -  $1.1 B
Founder, Renaissance Technologies Corp.

#7 Larry Robbins  -  $600 M
Founder, Glenview Capital Management
#8 Andreas Halvorsen  -  $550 M
Founding Partner & Chief Executive Officer, Viking Global Investors

#9 David Shaw  -  $400 M
Founder, D. E. Shaw & Co., L.P.
#9 David Tepper  -  $400 M
President and Founder, Appaloosa Management

#11 Chase Coleman, III.  -  $380 M
Founder, Tiger Global Management

#11 Israel Englander  -  $380 M
Founder, Millennium Management, L.L.C.

#13 David Harding  -  $320 M
Chairman & Head of Research, Winton Capital Management

#14 Daniel Loeb  -  $300 M
Founder, Third Point

#15 Michael Platt  -  $250 M
Founder, BlueCrest Capital Management

#16 Daniel Och  -  $225 M
Chairman and CEO, Och-Ziff Capital Management Group

#16 Paul Singer  -  $225 M
Founder, Elliott Management

#18 Feroz Dewan  -  $200 M
Partner, Tiger Global Management

#18 David Einhorn  -  $200 M
Founder & President, Greenlight Capital

#18 Christopher Hohn  -  $200 M
Founder, The Children's Investment Fund Management

#18 Paul Tudor Jones, II.  -  $200 M
Founder, Tudor Investment Corporation

#18 Seth Klarman  -  $200 M
CEO & President, Baupost Group

#23 Nelson Peltz  -  $170 M
Founder, Trian Fund Management

#24 Stephen Mandel, Jr.  -  $150 M
Founder, Lone Pine Capital

#24 Danny Yong  -  $150 M
Founder, Dymon Asia Capital

In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...