Wednesday, June 24, 2009

How these guys make.............?

When the whole world is sinking in the cyclic virus called recession, I am really amazed at these managers who overcame the turbulance and able to pile up the greenpack into their pockets. Particularly I have became the fan of Mr.John arnold who runs Centarus energy LLC...
Top 25 Highest-Earning Hedge Fund Managers
Times may be tough for most folks, but not for the top moneymakers on Alpha magazine’s eighth annual ranking of the world’s highest-earning hedge fund managers. They took home, on average, an anything but average $464 million apiece in 2008. Four hedge fund managers took home more than $1 billion each. Altogether the 25 highest-earning hedge fund managers made $11.6 billion, making 2008 the third-best year on record since Alpha began compiling its exclusive ranking.Alpha uses two components to calculate earnings: the managers’ shares of their firm’s performance and management fees, as well as gains on their own capital invested in their funds.The index below is a guide to the profiles of this year’s top-earning managers. Click on the bolded names below to read the top 11 hedge fund managers' profiles.

http://www.iimagazine.com/Alpha/Article.aspx?ArticleID=2165638