Soros leads hedge funds on Forbes 400 list of richest Americans
September 22, 2011
The legend rose from 14th to 7th on the list given a massive upward reevaluation of his wealth, the extent of which was more fully disclosed when he shut his hedge fund to outside investors earlier this year.
Once again, hedge fund managers figure prominently on the Forbes list of the richest Americans.
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| || George Soros (Photo: WEF)|
First among hedge fund managers is George Soros, who came in seventh overall at $22 billion. Other industry names on the 400 person list include:
»» John Paulson (17th at $15.5 billion)
»» James Simons (30th at $10.6 billion)
»» Steve Cohen (35th at $8.3 billion)
»» Ray Dalio (44th at $6.5 billion)
»» David Tepper (60th at $5.0 billion)
»» Bruce Kovner (73rd at $4.3 billion)
»» John Arnold (91st at $3.5 billion)
»» Paul Tudor Jones (107th at $3.2 billion)
»» Eddie Lampert (117th at $3.0 billion).
See also: AR's 2011 Rich List
Hedge funds place prominently on Forbes 400