The guys who cracked the market | Richest Hedge Fund Managers | Hedge Fund | Alternative investments

The richest Hedge Fund Managers 2023:

#1. Ken Griffin
Net worth: $35 billion
Firm: Citadel
Griffin’s Citadel has become the envy of the hedge fund industry after several years of outperformance have separated it from its peers. Griffin founded the multi-strategy firm in 1990, and it now manages $57 billion in assets. His market-making firm Citadel Securities, founded in 2002, is also a revenue-generating machine, handling more than 25% of all U.S. stock trades.

#2. Jim Simons
Net worth: $28.1 billion
Firm: Renaissance Technologies
Simons founded Long Island-based Renaissance Technologies in 1982. His esteemed quantitative trading firm, which manages some $50 billion in assets, is famous for its Medallion Fund, a $10 billion black-box strategy that is only open to Renaissance owners and employees. Though Simons officially retired in 2010, he is still involved at the firm and continues to benefit from its funds.

#3. Ray Dalio
Net worth: $19.1 billion
Firm: Bridgewater Associates
Dalio founded Bridgewater Associates in 1975 out of his two-bedroom apartment in New York and turned it into the world’s largest hedge fund firm. He retired as co-CEO of Bridgewater in 2017 and stepped away as chairman and co-chief investment officer in 2021 and 2022, respectively, and the firm’s assets have taken a hit during the transition. Today Bridgewater manages $124 billion in assets, down from $168 billion at its peak at the end of 2019.

#hedgefund #hedgefunds #richest #rich #richlifestyle #richlife #investing #trading #alternative #alternativeinvestments #shorts