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Wall Street's richest

The top 25 hedge funders of 2017

Published: Jun 12, 2018 12:18:43 PM IST
Updated: Jun 12, 2018 12:44:10 PM IST

Wall Street's richest
$25.4 bln is the cumulative net gains from inception through the end of 2017 of billionaire David Tepper’s Appaloosa Management. It was founded in 1993
Image: Brendan McDermid / Reuters

Even the kings of Wall Street suffer from an income disparity. The top five hedge funders earned nearly half of the $16.8 billion we tallied for our annual list of the 25 highest-earning hedgies. Two members of the roll, Philippe Laffont and John Armitage, are newly minted billionaires thanks to their mega-paydays. Both are dyed-in-the-wool stock pickers, a seemingly rare breed these days.

Wall Street's richest
Image: Platt: Photo Illustration: Sameer Pawar; Loeb: David Paul Morris / Bloomberg; Hohn: Andreas Scholz / Bloomberg News; Laffont: Kimberly White/Getty Images

(This story appears in the 22 June, 2018 issue of Forbes India. To visit our Archives, click here.)

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