LI hedge-fund founder's 2010 take-home pay: $2.5B
James Simons addresses a gathering at the new Simons Center for Geometry and Physics at Stony Brook University. The building was started by a gift from the James and Marilyn Simons Foundation. (Oct. 26, 2010) Credit: John Dunn
Although he says he retired last year as chief executive of Setauket-based Renaissance Technologies, James Simon is still one of the top-earning hedge fund managers.
He made $2.5 billion last year, coming in third.
Top 2010 compensation was the $4.9 billion earned by John Paulson of Paulson & Co., followed by $3.1 billion earned by Ray Dalio of Bridgewater Associates, AbsoluteReturn-alpha.com (known as AR) reports.
Paulson’s 2010 income, which he achieved by betting almost exclusively on gold, equaled about $155 per second, AR reported.
The top 25 manager incomes totaled $22.07 billion in 2010, down from $25.33 in 2009, the trade magazine reports.
South Asians concerned about online hate ... Highest-paid LI nonprofit employees ... Scorcese weighs in on Cinema Arts fight ... Sixers spoil Knicks' banner night
South Asians concerned about online hate ... Highest-paid LI nonprofit employees ... Scorcese weighs in on Cinema Arts fight ... Sixers spoil Knicks' banner night
