Earned: $2.1 Billion
Firm: Renaissance Technologies
AUM: $20 Billion
Last year, Renaissance Institutional Equities Fund (RIEF) surged about 34 percent. Those gains, along with the returns on the firm’s Medallion funds, enabled Simons to rake in more than $2 billion last year. The gains came mostly from returns on his own money — even though he retired in 2010.
The co-CEOs of Renaissance Technologies, which managed the fund, threatened to shut it down in 2009 after two years of disappointing losses. Simons serves as non-executive chairman of the East Setauket, N.Y.-based hedge fund firm.