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How many billions did the world's top hedge fund manager earn in 2013?

Top ten brought home over €10 billion between them.

Image: AP/Press Association Images

THE BEST-PAID hedge fund manager in the world took home $3.5 billion (€2.51 billion) last year.

A new table compiled by Institutional Investor’s Alpha Magazine shows that Appaloosa Management’s David Tepper was the top earner among finance supremos.

Institutional Investor says that Tepper has made a name for investing in sectors that other hedge funds are steering clear of, citing his big bets on airline stocks like American Airlines, Delta and United Continental.

Every money-manager on the top ten list pulled in more than $600 million (€431 million), with a total take home of $14.85 billion (€10.7 billion) spread between the ten.

Four executives joined the exclusive club of those taking home one billion or more in remuneration.

The top ten

  1. David Tepper, Appaloosa Management: $3.5 billion
  2. Steven Cohen, SAC Capital Advisors: $2.4 billion
  3. John Paulson, Paulson & Co.: $2.3 billion
  4. James Simons, Renaissance Technologies: $2.2 billion
  5. Kenneth Griffin, Citadel: $950 million
  6. Israel Englander, Millennium Management: $850 million
  7. Leon Cooperman, Omega Advisors: $825 million
  8. Lawrence Robbins, Glenview Capital Management: $750 million
  9. Daniel Loeb, Third Point: $700 million
  10. = Raymond Dalio, Bridgewater Associates: $600 million
  11. = Paul Tudor Jones II, Tudor Investment Corp: $600 million

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About the author:

Jack Horgan-Jones

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