Hedge Fund Paydays Reach Record High in 2009

According to industry publication AR: Absolute Return+Alpha, 2009 was a record-breaking year for top hedge fund managers, as the global financial markets recovered from its March lows.
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Hedge Fund Paydays Reach Record High in 2009
An Indian stock trader trades at a brokerage firm in Mumbai on April 5, 2010. (Sajjad Hussain/AFP/Getty Images)
4/5/2010
Updated:
10/1/2015
<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/finance-98254109.jpg" alt="An Indian stock trader trades at a brokerage firm in Mumbai on April 5, 2010. (Sajjad Hussain/AFP/Getty Images)" title="An Indian stock trader trades at a brokerage firm in Mumbai on April 5, 2010. (Sajjad Hussain/AFP/Getty Images)" width="320" class="size-medium wp-image-1821434"/></a>
An Indian stock trader trades at a brokerage firm in Mumbai on April 5, 2010. (Sajjad Hussain/AFP/Getty Images)

According to industry publication AR: Absolute Return+Alpha, 2009 was a record-breaking year for top hedge fund managers, as the global financial markets recovered from its March lows.

The highest compensated hedge fund manager was David Tepper of Appaloosa Management, who earned $4 billion last year on his investments. George Soros came in second with $3.3 billion in earnings.

The top 25 hedge fund managers surveyed took home a combined $25 billion, or slightly higher than the previous record-high of $22.3 billion in 2007.

James Simons of Renaissance Technologies, John Paulson of Paulson & Co., Steven Cohen of SAC Capital Advisors, and Carl Icahn rounded out the top six.