![]() households, based on the median.Įquivalent to an hourly wage of $211,538 an hour for a 40-hour work week.Įnough to rebuild Nepal five times based on the damage estimate of $2 billion. Their funds didn’t produce returns.įor a little perspective, the $11.62 billion earned by the top 25 hedge fund managers is:Įquivalent to the income of 220,000 U.S. John Paulson of Paulson & Co., Edward Lampert of ESL Investments and Leon Cooperman of Omega Advisors didn’t even crack the top 25 this year. They can initially have a base salary of 150,000, which may go up to 250,000 as they gain experience. Most of the managers posted single-digit returns in their funds, and they paid the price for failing to beat the market. That compares with a 14% return for investors in the S&P 500 IndexĪssuming they reinvested their dividends like Griffin apparently does. National average salary: £41,761 per year. His Kensington and Wellington funds returned 18.3%. Here are some of the base salaries of finance professionals who fulfil a hedge fund manager role: 1. He made $1.3 billion, mostly on returns from his own investments in Citadel. On the other side of things, hedge fund managers receive higher paychecks in the insurance industry where they earn an average of 129,751. Kenneth Griffin, founder and chief executive of Citadel, topped the list. Investments managers may earn a lower salary than hedge fund managers, but investments managers earn the most pay in the finance industry with an average salary of 126,046. To put that in perspective, the top 25 hedge fund managers made just a little more than half the annual economic output of Cyprus, a nation of 1.2 million people. As the publication put it, managers made only “$11.62 billion combined, barely half of the $21.15 billion the top 25 gained the previous year and roughly equal to what they took home during nightmarish 2008.” ![]()
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