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25 Hedge Fund Managers Made $32 Billion in Pandemic
22 Feb 2021
The year the pandemic threw tens of millions of Americans out of work was extraordinarily good for the bank accounts of the wealthiest hedge fund managers.
The top 25 hedge fund bosses made $32 billion, according to
Institutional Investor’s annual Rich List. The list was published Monday.
The top earner was Izzy Englander of Millennium Management, who took home an estimated $3.8 billion in 2020. His flagship fund achieved a 26 percent return. The prior year he was number six on the list with $750 million and the year before that he was in fifth place at $975 million.