Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Managing a hedge fund just isn't what it used to be.
The 25 highest-paid fund managers last year earned barely half what they made in 2013, according to an annual compilation by Institutional Investor's Alpha website.
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"The average earnings were just $467 million last year, down from $846 million in 2013," according to the site.
More than half of the 25 top earners on the list posted single-digit gains for their funds, underperforming the S&P 500's 13.7 percent return, according to the report.
Top 10 on the list:
- Kenneth Griffin, founder and CEO of Chicago-based Citadel; $1.3 billion in fees and gains on his own capital.
- James Simons, founder of East Setauket, New York–based Renaissance Technologies; $1.2 billion in earnings.
- Raymond Dalio, founder of Westport, Connecticut-based Bridgewater Associates; a paycheck of $1.1 billion.
- Pershing Square Capital Management's Bill Ackman, ranked fourth with $950 million.
- Israel Englander, Millennium Management; $900 million.
- Michael Platt, BlueCrest Capital Management; $800 million.
- Larry Robbins, Glenview Capital Management; $570 million.
- David Shaw, D.E. Shaw Group; $530 million
- O. Andreas Halvorsen, Viking Global Investors; $450 million.
- Charles Coleman III, Tiger Global Management; $425 million.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.