Meet the world's 7 most successful hedge fund managers
Andreas Halvorsen is ranked No. 5 in the world
London-based fund of funds LCH Investments, a subsidiary of Edmond de Rothschild Capital Holdings Limited, recently released its annual top 20 "most successful money managers" list for 2015.
The list measures net gains, after fees, of hedge fund managers since their respective fund's inception. We've included the top seven hedge fund managers below.
Collectively, these titans have made their investors net gains of $199.5 billion since they began their funds. Last year, they raked in $5.1 billion as a group. Two of the top fund managers had a losing year in 2015.
7. John Paulson (Paulson & Co.)
Net gains in 2015: -$2.1 billion
Net gains since inception: $21.4 billion (1994)
Fund's assets under management: $15.6 billion
Paulson's net worth:$ 11.6 billion dollar
Highlights: In 2015, John Paulson fell from the No. 3 spot on the list to No. 7. He became famous for his 2007 bet against subprime housing; it made him and his investors billions. Since then his returns have been volatile, and his fund's assets have dropped from a peak of $38 billion in 2011 to about $15.6 billion.
6. Stephen Mandel (Lone Pine Capital)
Net gains in 2015: $1.2 billion
Net gains since inception: $22.4 billion (1996)
Fund's assets under management: Net gains in 2015: $1.2 billion
Net gains since inception: $22.4 billion (1996)
Fund's assets under management: $29.5 billion
Mandel's net worth:29.5 billion
Mandel's net worth:$ 2.4 billion
5. Andreas Halvorsen (Viking)
Net gains in 2015: $1.7 billion
Net gains since inception: $22.5 billion (1999)
Fund's assets under management: $30.2 billion
Halvorsen's net worth: 2.8 billion
4. Seth Klarman (The Baupost Group)
Net gains in 2015: -$800 million
Net gains since inception: $22.6 billion (1983)
Fund's assets under management: $27 billion
Klarman's net worth: 1.38 billion
3. David Tepper (Appaloosa)
Net gains in 2015: $1 billion
Net gains since inception: $22.8 billion (1993)
Fund's assets under management: $17.9 billion
Tepper's net worth:11.6 billion.
2. George Soros (Quantum Endowment Fund)
Net gains in 2015: $900 million
Net gains since inception: $42.8 billion (1973)
Fund's assets under management: $29 billion (family office)
Soros' net worth -24.5 billion.
1. Ray Dalio (Bridgewater Pure Alpha)
Net gains in 2015: $3.3 billion
Net gains since inception: $45 billion (1975)
Fund's assets under management: $82.3 billion
Dalio's net worth:15.6 billion.
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