Record payday for hedge fund elite The top ten titans of the trading floor earned $20.1 billion during the pandemic year of 2020. According to data from Institutional Investor, that’s a 50 percent rise from $13.4 billion in 2019 Israel Englander James Simons Kenneth Griffin Steve Cohen David Tepper Hedge fund managers’ earnings Hedge fund return (2020) Israel Englander – Millennium Management 26% $3.8 billion James Simons – Renaissance Tech. 76% $2.6bn Chase Coleman – Tiger Global Mgmt. 48% $2.5bn Kenneth Griffin – Citadel 24% $1.8bn Steve Cohen – Point72 16% $1.7bn David Tepper 13% $1.7bn Appaloosa Mgmt. Philippe Laffont 65% $1.6bn Coatue Mgmt. Ole Andreas Halvorsen $1.5bn 27% Viking Global Investors Scott Shleifer $1.5bn 65% Tiger Global Mgmt. Bill Ackman $1.4bn 70% Pershing Square Capital Mgmt. Jan 2021: Citadel and Point72 provide $3 billion bailout to GameStop shortseller, Melvin Capital 0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 Sources: Reuters, Institutional Investor Pictures: Associated Press, Millennium © GRAPHIC NEWS