Citadel boss Ken Griffin made $4.1 billion last year, the most of any hedge fund manager in history
lost almost 20% last year, Citadel's flagship fund posted a 38.1% gain. Last year marked the best year for the fund in 13 years, and caps off a three-year stretch of 117% gains, according to Institutional Investor. Griffin took the number one spot on the rich list for the first time in six years.
Across the firm, assets under management ballooned to $53.7 billion, according to Institutional Investor., and returned roughly $7 billion to investors at the end of the year. The annual Rich List, published by Institutional Investor on Tuesday, shows that the top 25 individual earners in the hedge fund industry together made $21.5 billion last year, the third highest total after 2020 and 2021. That breaks down to about $860 million per money manager.
Israel Englander of Millennium Management came in as runner-up for the second year in a row, taking home $3.2 billion after his funds gained 12.4% in 2022.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ken Griffin's Citadel extends winning streak in 2023 amid gains in stocksKen Griffin's Citadel extends winning streak in 2023 after last year's record gains, matching the broader rally in stocks
Read more »
'Family Guy's Peter Griffin Runs into Bob Belcher and Homer Simpson in New ClipPeter Griffin backs up all the way into BobsBurgers to grab a bite with Bob and Homer Simpson in this new clip from the next episode of FamilyGuy.
Read more »
Angels’ Griffin Canning returns to mound after 20 months lost to injuryCanning was one of the Angels’ best starters in 2020, but he struggled early in 2021 and then missed the second half with back troubles that also cost him all of 2022. Now he’s trying t…
Read more »
Bareback rider Cole Reiner secures Super Series II title at RodeoHoustonCole Reiner also won his super series in 2022, then went on to the championship short...
Read more »
Costa Rica Reached Highest EV Market Share In The Americas In 2022In 2022, Costa Rica managed to maintain its leadership within the Latin American region in terms of penetration of the segment of 100% ev
Read more »
IndyCar St. Petersburg Results: Marcus Ericsson's Late Pass the Difference2022 Indianapolis 500 winner scores first win of the new NTT IndyCar Series campaign.
Read more »