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Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Soros, Dalio Top Forbes 400 List

Sep 16, 2013
Jing Chen

The new Forbes 400 List of Richest Americans features some of the biggest names in the hedge fund industry.

The list released on Monday saw 28 hedge fund managers earn a spot with the now-retired fund manager George Soros topping the group with a net worth of $20 billion. Soros, who transitioned Soros Fund Management into a family office last year to avoid reporting requirements under the Dodd-Frank Act, was also listed as the richest hedge fund manager last year.

The next highest hedge fund earner is Connecticut-based Bridgewater Associates’ Ray Dalio, knocking off John Paulson, who came in as the second richest hedge fund manager for the past two years. Dalio’s net worth is estimated at $12.9 billion.

Others from the hedge fund world that made the list include James Simon ($12 billion), John Paulson ($11.4 billion) and Steve Cohen ($9.4 billion).

The prerequisite for getting on the list this year was having a net worth of $1.3 billion, up from the $1.1 billion threshold of last year's list.

                                                                                                                                                                                                                                                                                                                            

Source: 

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