The Wall Street Journal

But that doesn't mean that hedge fund managers, long known to be some of the wealthiest people on Wall Street, are on their way to the poor house. Forbes has just released its list of the highest-earning hedge fund managers and traders of And it shows that top hedge funders are doing just fine when it comes to their take home pay.

The losing funds were run by billionaires Ray Dalio, Dan Loeb, Ken Griffin and David Tepper. We've included the top eight hedge funders from the list. David Shaw didn't find his way to Wall Street until after he worked in academia as a computer science professor at Columbia University.

That technical background has influenced the way in which his firm, D. Paul Singer's firm, Elliott Management , had an impressive Dan Loeb founded his activist hedge fund Third Point in According to Forbes , the firm has "navigated financial markets more deftly than many of [their] battered activist peers over the last few years.

The founder and president of Appaloosa Management was anointed by Forbes as "arguably the greatest hedge fund manager of his generation. Ray Dalio may oversee the largest hedge fund in the world, but he didn't take home the largest sum of cash last year. In March, he announced that he would stop managing the firm in mid-April. According to Forbes , many of the firm's noteworthy funds ended the year in positive territory.

The firm's main fund, Pure Alpha, returned just 2. Tying for first place is Michael Platt, the founder of BlueCrest Capital Management , which shut down to outside money and now manages Platt's fortune. The billionaire founder of Renaissance Technologies retired from the firm in , but he still reaps the benefits of its "strong performance," according to Forbes.

The Decade's 25 Top Earners - The Wall Street Journal Online - Interactive Graphics

The firm's largest fund, Renaissance Institutional Equities,"was up Why big data can make HR more important. You are using an outdated version of Internet Explorer. For security reasons you should upgrade your browser.

Please go to Windows Updates and install the latest version. Trending Tech Finance Politics Strategy Lifestyle Sports Video All. You have successfully emailed the post. Meet the 8 hedge fund managers who made the most money in David Shaw, founder of D. Paul Singer, Elliott Management. Daniel Loeb, founder of Third Point. Kenneth Griffin, founder of Citadel.

David Tepper, president and founder of Appaloosa Management. Raymond Dalio, founder and co-chief investment officer.

Wall Street's Highest Earners

Michael Platt, founder of BlueCrest Capital Management. James Simons, founder of Renaissance Technologies Corp.

Recommended For You Powered by Sailthru. Meet the 8 hedge fund managers who made the most money in Meet the 8 hedge fund managers who made the most money in It's no secret that hedge funds have not been Featured Why big data can make HR more important. Thanks to our partners. Registration on or use of this site constitutes acceptance of our Terms of Service , Privacy Policy , and Cookie Policy.

Stock quotes by finanzen.