Hedge fund managers are known for their financial prowess and ability to generate substantial wealth through their investment strategies. In 2023, the hedge fund industry continues to thrive, and the net worth of these managers reflects their success. Here, we present the top 20 richest hedge fund managers in the world, based on their net worth as of August 7, 2023.
Top 20 Richest Hedge Fund Managers In The World
1. Ken Griffin
- Net Worth: $35 billion
- Firm: Citadel
- Date of Birth: October 15, 1968
- Nationality: American
Ken Griffin, the founder and CEO of Citadel, tops the list with a staggering net worth of $35 billion. Citadel is a global investment firm known for its expertise in alternative investment strategies.
2. Jim Simons
- Net Worth: $28.1 billion
- Firm: Renaissance Technologies
- Date of Birth: April 25, 1938
- Nationality: American
Jim Simons, a former mathematics professor turned hedge fund manager, ranks second with a net worth of $28.1 billion. His firm, Renaissance Technologies, is renowned for its quantitative investment approach.
3. Ray Dalio
- Net Worth: $19.1 billion
- Firm: Bridgewater Associates
- Date of Birth: August 8, 1949
- Nationality: American
Ray Dalio, the founder of Bridgewater Associates, holds the third position with a net worth of $19.1 billion. Bridgewater is one of the world’s largest hedge funds, known for its unique investment philosophy based on economic principles.
4. David Tepper
- Net Worth: $18.5 billion
- Firm: Appaloosa Management
- Date of Birth: September 11, 1957
- Nationality: American
David Tepper, the founder of Appaloosa Management, ranks fourth with a net worth of $18.5 billion. Tepper is known for his expertise in distressed debt investing and his successful bets on the stock market.
5. Steve Cohen
- Net Worth: $17.5 billion
- Firm: Point72 Management
- Date of Birth: June 11, 1956
- Nationality: American
Steve Cohen, the founder of Point72 Management, holds the fifth position with a net worth of $17.5 billion. Cohen is recognized for his long and successful career in the hedge fund industry, with a focus on equity investments.
6. Michael Platt
- Net Worth: $16 billion
- Firm: BlueCrest Capital Management
- Date of Birth: December 12, 1968
- Nationality: British
Michael Platt, the founder of BlueCrest Capital Management, holds the seventh position with a net worth of $16 billion. BlueCrest is known for its focus on systematic and discretionary trading strategies.
7. Israel Englander
- Net Worth: $11.3 billion
- Firm: Millennium Management
- Date of Birth: May 1, 1948
- Nationality: American
Israel Englander, the founder of Millennium Management, ranks eighth with a net worth of $11.3 billion. Millennium Management is a global investment management firm with expertise in a wide range of strategies, including quantitative and fundamental approaches.
8. Chase Coleman
- Net Worth: $8.5 billion
- Firm: Tiger Global Management
- Date of Birth: March 14, 1975
- Nationality: American
Chase Coleman, the founder of Tiger Global Management, holds the ninth position with a net worth of $8.5 billion. Tiger Global Management is known for its investments in technology and consumer-focused companies.
9. Carl Icahn
- Net Worth: $8.1 billion
- Firm: Icahn Enterprises
- Date of Birth: February 16, 1936
- Nationality: American
Carl Icahn, the founder of Icahn Enterprises, shares the fifth position with Steve Cohen, also boasting a net worth of $8.1 billion. Icahn is known for his activist investing approach, where he actively engages with companies to drive change and generate profits.
10. David Shaw
- Net Worth: $7.9 billion
- Firm: D.E. Shaw & Co.
- Date of Birth: March 29, 1951
- Nationality: American
David Shaw, the founder of D.E. Shaw & Co., rounds out the hold the 10th position with a net worth of $7.9 billion. D.E. Shaw & Co. is a global investment management firm known for its focus on quantitative and technology-driven strategies.
11. Paul Tudor Jones
Net Worth: $7.5 billion
Firm: Tudor Investment Corp.
12. Philippe Laffont
Net worth: $6.9 billion
Firm: Coatue Management
13. John Overdeck
Net worth: $6.8 billion
Firm: Two Sigma Investments
13. David Siegel
Net worth: $6.8 billion
Firm: Two Sigma Investments
15. Christopher Hohn
Net worth: $6.7 billion
Firm: The Children’s Investment Fund
16. George Soros
Net worth: $6.7 billion
Firm: Soros Fund Management
17. Bruce Kovner
Net worth: $6.6 billion
Firm: Caxton Associates
18. Stanley Druckenmiller
Net worth: $6.4 billion
Firm: Duquesne Capital Management
19. Andreas Halvorsen
Net worth: $5.9 billion
Firm: Viking Global Investors
20. Paul Singer
Net worth: $5.5 billion
Firm: Elliott Management
