Top 25 hedge fund managers earned $13bn in 2015 – more than some nations

The world’s top 25 hedge fund managers earned $13bn last year – more than the entire economies of Namibia, the Bahamas or Nicaragua. Kenneth Griffin, founder and chief executive of Citadel, and James Simons, founder and chairman of Renaissance Technologies, shared the top spot, taking home $1.7bn each – equivalent to the annual salaries of 112,000 people taking home the US federal minimum wage of $15,080. (The Guardian)

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Legendary hedge fund manager Jim Simons made $1.7 billion last year ― here’s how he went from the NSA to Wall Street

Jim Simons, founder of hedge fund Renaissance Technologies, is notoriously press shy. But in September 2015, he gave a rare interview to TED’s Chris Anderson to talk about his past and how it led him to the unprecedented success in the hedge fund industry. (Business Insider UK)

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