The Richest Hedge Fund Managers 2023 (2024)

Forbes’ 37th Annual World’s Billionaires List: Facts And Figures 2023","scope":{"story":{"title":"Forbes’ 37th Annual World’s Billionaires List: Facts And Figures 2023","uri":"https://www.forbes.com/sites/chasewithorn/2023/04/04/forbes-37th-annual-worlds-billionaires-list-facts-and-figures-2023/","date":"Apr 4, 2023","index":1}},"id":"bpmqmqrjm8gg00"},{"textContent":"

Apr 4, 2023

New Billionaires 2023: Jimmy Buffett, LeBron James And 148 Others Join The Ranks This Year","scope":{"story":{"title":"New Billionaires 2023: Jimmy Buffett, LeBron James And 148 Others Join The Ranks This Year","uri":"https://www.forbes.com/sites/gigizamora/2023/04/04/new-billionaires-2023-jimmy-buffett-lebron-james-and-148-others-join-the-ranks-this-year/","date":"Apr 4, 2023","index":2}},"id":"aoi16q0mjpdk00"},{"textContent":"

Apr 3, 2023

Trump’s Net Worth Plunges $700 Million As Truth Social Flops","scope":{"story":{"title":"Trump’s Net Worth Plunges $700 Million As Truth Social Flops","uri":"https://www.forbes.com/sites/danalexander/2023/04/03/trumps-net-worth-plunges-700-million-as-truth-social-flops/","date":"Apr 3, 2023","index":3}},"id":"a4on2k51j9k00"},{"textContent":"

Apr 4, 2023

The 25 Richest People In The World 2023","scope":{"story":{"title":"The 25 Richest People In The World 2023","uri":"https://www.forbes.com/sites/chasewithorn/2023/04/04/the-25-richest-people-in-the-world-2023/","date":"Apr 4, 2023","index":4}},"id":"8rl3358hg8nc00"},{"textContent":"

Apr 4, 2023

The World’s Youngest Billionaires 2023","scope":{"story":{"title":"The World’s Youngest Billionaires 2023","uri":"https://www.forbes.com/sites/phoebeliu/2023/04/04/the-worlds-youngest-billionaires-2023/","date":"Apr 4, 2023","index":5}},"id":"3e584hd852r800"},{"textContent":"

Apr 4, 2023

Here Are The Biggest Gainers On The 2023 Billionaires List","scope":{"story":{"title":"Here Are The Biggest Gainers On The 2023 Billionaires List","uri":"https://www.forbes.com/sites/arisalexander/2023/04/04/here-are-the-biggest-gainers-on-the-2023-billionaires-list/","date":"Apr 4, 2023","index":6}}},{"textContent":"

Apr 4, 2023

The 10 Richest Chinese Billionaires 2023","scope":{"story":{"title":"The 10 Richest Chinese Billionaires 2023","uri":"https://www.forbes.com/sites/russellflannery/2023/04/04/the-10-richest-chinese-billionaires-2023/","date":"Apr 4, 2023","index":7}}},{"textContent":"

Apr 3, 2023

Why Warren Buffett Wants Jimmy Buffett To Write Him Into His Will","scope":{"story":{"title":"Why Warren Buffett Wants Jimmy Buffett To Write Him Into His Will","uri":"https://www.forbes.com/sites/lisettevoytko/2023/04/03/beach-bum-billionaire-how-jimmy-buffett-went-from-margaritaville-to-easy-street/","date":"Apr 3, 2023","index":8}}},{"textContent":"

Apr 4, 2023

The Countries With The Most Billionaires And Their Richest Citizens 2023","scope":{"story":{"title":"The Countries With The Most Billionaires And Their Richest Citizens 2023","uri":"https://www.forbes.com/sites/johnhyatt/2023/04/04/the-countries-with-the-most-billionaires-and-their-richest-citizens-2023/","date":"Apr 4, 2023","index":9}}},{"textContent":"

Apr 4, 2023

Falling Fortunes: India’s Richest Billionaires 2023","scope":{"story":{"title":"Falling Fortunes: India’s Richest Billionaires 2023","uri":"https://www.forbes.com/sites/naazneenkarmali/2023/04/04/falling-fortunes-indias-richest-billionaires-2023/","date":"Apr 4, 2023","index":10}}},{"textContent":"

Apr 4, 2023

Kanye West, Sam Bankman-Fried, Yvon Chouinard: Here’s Who Fell Off Forbes’ 2023 Billionaires List","scope":{"story":{"title":"Kanye West, Sam Bankman-Fried, Yvon Chouinard: Here’s Who Fell Off Forbes’ 2023 Billionaires List","uri":"https://www.forbes.com/sites/richardjchang/2023/04/04/kanye-west-sam-bankman-fried-yvon-chouinard-heres-who-fell-off-forbes-2023-billionaires-list/","date":"Apr 4, 2023","index":11}}},{"textContent":"

Apr 4, 2023

Tech Billionaires Lost Another $200 Billion In 2023. Here’s Who Dropped The Most","scope":{"story":{"title":"Tech Billionaires Lost Another $200 Billion In 2023. Here’s Who Dropped The Most","uri":"https://www.forbes.com/sites/phoebeliu/2023/04/04/tech-billionaires-lost-another-200-billion-in-2023-heres-who-dropped-the-most/","date":"Apr 4, 2023","index":12}}},{"textContent":"

Apr 4, 2023

LeBron James, Tiger Woods, Toto Wolff And 9 Other New Sports Billionaires 2023","scope":{"story":{"title":"LeBron James, Tiger Woods, Toto Wolff And 9 Other New Sports Billionaires 2023","uri":"https://www.forbes.com/sites/mattcraig/2023/04/04/lebron-james-tiger-woods-toto-wolff-and-9-other-new-sports-billionaires-2023/","date":"Apr 4, 2023","index":13}}},{"textContent":"

Apr 4, 2023

The World’s Richest Women Billionaires 2023","scope":{"story":{"title":"The World’s Richest Women Billionaires 2023","uri":"https://www.forbes.com/sites/gabrielalopezgomes/2023/04/04/the-worlds-richest-women-billionaires-2023/","date":"Apr 4, 2023","index":14}}},{"textContent":"

Apr 4, 2023

The World’s Richest Person 2023","scope":{"story":{"title":"The World’s Richest Person 2023","uri":"https://www.forbes.com/sites/kerryadolan/2023/04/04/the-worlds-richest-person-2023/","date":"Apr 4, 2023","index":15}}},{"textContent":"

Mar 30, 2023

Inside Gautam And Vinod Adani’s Controversial Conglomerate—And Why It May Be Too Politically Connected To Fail","scope":{"story":{"title":"Inside Gautam And Vinod Adani’s Controversial Conglomerate—And Why It May Be Too Politically Connected To Fail","uri":"https://www.forbes.com/sites/johnhyatt/2023/03/30/inside-gautam-and-vinod-adanis-controversial-conglomerate-and-why-it-may-be-too-politically-connected-to-fail/","date":"Mar 30, 2023","index":16}}},{"textContent":"

Apr 4, 2023

The Richest Woman In The World 2023","scope":{"story":{"title":"The Richest Woman In The World 2023","uri":"https://www.forbes.com/sites/gigizamora/2023/04/04/the-richest-woman-in-the-world-2023/","date":"Apr 4, 2023","index":17}}},{"textContent":"

Apr 4, 2023

The World’s Richest Sports Owners 2023","scope":{"story":{"title":"The World’s Richest Sports Owners 2023","uri":"https://www.forbes.com/sites/justinbirnbaum/2023/04/04/the-worlds-richest-sports-owners-2023/","date":"Apr 4, 2023","index":18}}},{"textContent":"

Apr 7, 2023

Tour Alabama Like A Billionaire: ‘Yella Fella’ Jimmy Rane’s Favorite Cotton State Spots","scope":{"story":{"title":"Tour Alabama Like A Billionaire: ‘Yella Fella’ Jimmy Rane’s Favorite Cotton State Spots","uri":"https://www.forbes.com/sites/mattdurot/2023/04/07/tour-alabama-like-a-billionaire-yella-fella-jimmy-ranes-favorite-cotton-state-spots/","date":"Apr 7, 2023","index":19}}},{"textContent":"

Apr 7, 2023

Forbes’ Hollywood Walk Of Fame: The Richest Celebrities Of All Time","scope":{"story":{"title":"Forbes’ Hollywood Walk Of Fame: The Richest Celebrities Of All Time","uri":"https://www.forbes.com/sites/marisadellatto/2023/04/07/forbes-hollywood-walk-of-fame-meet-the-richest-celebrities-of-all-time/","date":"Apr 7, 2023","index":20}}},{"textContent":"

Apr 5, 2023

From Bodybuilder To Billionaire: How Gymshark Founder Ben Francis Built A Sportswear Unicorn","scope":{"story":{"title":"From Bodybuilder To Billionaire: How Gymshark Founder Ben Francis Built A Sportswear Unicorn","uri":"https://www.forbes.com/sites/giacomotognini/2023/04/05/from-bodybuilder-to-billionaire-how-gymshark-founder-ben-francis-built-a-sportswear-unicorn/","date":"Apr 5, 2023","index":21}}},{"textContent":"

Apr 5, 2023

How A Crime Fighting Cowboy Became Alabama’s Only Billionaire","scope":{"story":{"title":"How A Crime Fighting Cowboy Became Alabama’s Only Billionaire","uri":"https://www.forbes.com/sites/mattdurot/2023/04/05/how-a-crime-fighting-cowboy-became-alabamas-only-billionaire/","date":"Apr 5, 2023","index":22}}},{"textContent":"

Apr 5, 2023

In Memoriam: These Billionaires Died Over The Past Year","scope":{"story":{"title":"In Memoriam: These Billionaires Died Over The Past Year","uri":"https://www.forbes.com/sites/richardjchang/2023/04/05/in-memoriam-these-billionaires-died-over-the-past-year/","date":"Apr 5, 2023","index":23}}},{"textContent":"

Apr 6, 2023

Meet The World’s Richest Self-Made Woman","scope":{"story":{"title":"Meet The World’s Richest Self-Made Woman","uri":"https://www.forbes.com/sites/giacomotognini/2023/04/06/meet-the-worlds-richest-self-made-woman-rafaela-aponte-diamant/","date":"Apr 6, 2023","index":24}}},{"textContent":"

Apr 13, 2023

Why Western Sanctions Failed To Truly Impact The Wealth Of Russia’s Billionaire Oligarchs","scope":{"story":{"title":"Why Western Sanctions Failed To Truly Impact The Wealth Of Russia’s Billionaire Oligarchs","uri":"https://www.forbes.com/sites/giacomotognini/2023/04/13/why-western-sanctions-failed-to-truly-impact-the-wealth-of-russias-billionaire-oligarchs/","date":"Apr 13, 2023","index":25}}},{"textContent":"

Apr 10, 2023

Climate Capitalist: This Billionaire Heiress Is Betting Big On Renewable Energy","scope":{"story":{"title":"Climate Capitalist: This Billionaire Heiress Is Betting Big On Renewable Energy","uri":"https://www.forbes.com/sites/jemimamcevoy/2023/04/10/the-polish-heiress-who-bet-big-on-green-energy-then-came-the-war/","date":"Apr 10, 2023","index":26}}},{"textContent":"

Apr 9, 2023

How The World’s Billionaires Got So Rich 2023","scope":{"story":{"title":"How The World’s Billionaires Got So Rich 2023","uri":"https://www.forbes.com/sites/richardjchang/2023/04/09/the-path-to-billions-the-industries-with-the-most-billionaires-2023/","date":"Apr 9, 2023","index":27}}}],"breakpoints":[{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":5,"slidesToScroll":1}}]};

The Richest Hedge Fund Managers 2023 (2024)

FAQs

The Richest Hedge Fund Managers 2023? ›

In 2023, the five highest-paid hedge fund managers were Ken Griffin of Citadel, Izzy Englander of Millennium Management, Steve Cohen of Point72 Asset Management, David Tepper of Appaloosa Management, and James Simon of Renaissance Technologies.

Who is the wealthiest hedge fund manager? ›

Here are the 20 richest hedge fund managers on Forbes' 2023 World's Billionaires list:
  • #1. Ken Griffin. Net worth: $35 billion. ...
  • #2. Jim Simons. Net worth: $28.1 billion. ...
  • #3. Ray Dalio. Net worth: $19.1 billion. ...
  • #4. David Tepper. Net worth: $18.5 billion. ...
  • #5. Steve Cohen. ...
  • #6. Carl Icahn. ...
  • #7. Michael Platt. ...
  • #8. Israel Englander.
Apr 6, 2023

What is the most profitable hedge fund in 2023? ›

In 2023, Ken Griffin's Citadel, which manages $56.8 billion in assets, took the crown with a total gain of $74 billion since its founding in 1990. Citadel is followed by David E. Shaw's D.E. Shaw, which has earned $56.1 billion since 1988 and currently manages $43.8 billion in assets.

Which hedge fund manages the most money? ›

Bridgewater Associates

Who is the legendary hedge fund manager? ›

Jim Simons, the legendary hedge-fund manager who cracked the market, dead at 86. Jim Simons, the billionaire hedge-fund manager, has died. The legendary investor was 86. Simons founded Renaissance Technologies and was a codebreaker, mathematician, and philanthropist.

Who has the highest salary in hedge funds? ›

In 2023, the highest-paid hedge fund manager was Ken Griffin of Citadel, who earned $4.1 billion. He was followed by Izzy Englander of Millennium Management, who earned $3.2. billion.

Who is the smartest hedge fund manager ever? ›

Due to the long-term aggregate investment returns of Renaissance and its Medallion Fund, Simons was described as the "greatest investor on Wall Street," and more specifically "the most successful hedge fund manager of all time".

What is the most successful hedge fund ever? ›

Citadel has now made $74 billion for investors since its inception in 1990, more than any other hedge fund firm.

Will hedge funds exist in 10 years? ›

Overall, the consensus is that hedge funds will continue to grow but will adapt to lower fees, greater use of technology, and increased access to retail investors.

Who is the youngest hedge fund manager? ›

Cole Mattox is the youngest hedge fund manager in the world as he's currently 22 years old! He founded his own firm, North Tabor Capital, in 2017, when he was only 17. At the time, he was still in high school at Seton Hall Preparatory School.

Who owns BlackRock? ›

BlackRock is an independently managed public company with no single majority stockholder. The PNC Financial Services Group, Inc. has a minority ownership stake in BlackRock with the remainder owned by institutional and individual investors, as well as BlackRock employees.

Can hedge fund managers make millions? ›

The top individual Portfolio Managers can earn hundreds of millions or billions each year. Hedge funds offer a much higher pay ceiling than investment banking, (sometimes) better hours and work/life balance, and the chance to do more interesting work.

Who runs the largest hedge fund? ›

Discover how Ray Dalio built Bridgewater Associates into the world's largest hedge fund through his principles-based approach.

Who is the godfather of hedge funds? ›

Lord Fink: How the godfather of hedge fund made his fortune.

Why are hedge fund managers so rich? ›

Hedge fund managers typically earn above-average compensation, often from a two-and-twenty fee structure. Hedge fund managers typically specialize in a particular investment strategy that they then use to power their fund portfolio's mandate for profits.

What is the most mysterious hedge fund? ›

Renaissance Technologies, meanwhile, is one of the most successful and mysterious hedge funds in the world.

How much do most hedge fund managers make? ›

The money is a big draw as well: if you're at the right fund and you perform well, you can earn into the mid-six-figures, up to $1 million+, even as a junior-level employee. The top individual Portfolio Managers can earn hundreds of millions or billions each year.

How much does Steve Cohen make a year? ›

According to Institutional Investor, Cohen made an estimated $1.7 billion in 2020.

How much is the CEO of Citadel worth? ›

Citadel Securities is involved in one out of four stock trades placed in U.S. exchanges and nearly 40% of all retail trades. With a net worth of $37.5 billion, Griffin is one of the richest hedge fund managers in the world and is ranked No. 37 on the Forbes real-time billionaires list.

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