The richest hedge fund manager is...

Pity David Tepper.

The noted hedge fund manager and richest guy in the hedge industry for three years running, got knocked off his perch in 2014.

Tepper, the head of Appaloosa Management, tumbled all the way to 11th on Institutional Investors Alpha's Rich List, after making a mere $400 million last year, which represented just a 2.2 percent gain for his firm, the worst of anyone in the rankings.

Taking over the top spot this year was Citadel's Ken Griffin, who raked in $1.3 billion in fees and earnings on his capital.

In total, it was a rough year for hedge fund industry honchos. The 25 managers on the list made a mere $11.62 billion, which was only a bit more than half of what last year's group pulled in. Average earnings were only $467 million, tumbling from 2013's lofty $846 million, according to Alpha.

The list:

10 Rich Guys

Ken Griffin Citadel $1.3 billion
James Simons Renaissance $1.2 billion
Ray Dalio Bridgewater $1.1 billion
Bill Ackman Pershing Square $950 million
Izzy Englander Millennium $900 million
Michael Platt Bluecrest $800 million
Larry Robbins Glenview $570 million
David Shaw D.E. Shaw $530 million
O. Andreas Halvorsen Viking Global $450 million
Charles (Chase) Coleman Tiger Global $425 million
Source: Institutional Investors Alpha

Previous Years

  • CNBC and Institutional Investor hosted the 7th Annual Delivering Alpha Conference on September 12, 2017.

  • Delivering Alpha 2017 stage, signage

    Meet the 2017 advisory board of Delivering Alpha, which takes place on September 12, 2017 at The Pierre in New York City.

  • The stage at Delivering Alpha 2016 in New York on Sept. 13, 2016.

    CNBC and Institutional Investor hosted the 6th Annual Delivering Alpha Conference on September 13, 2016.


CNBC and Institutional Investor are pleased to host the 8th Annual Delivering Alpha Conference in New York City on July 18, 2018. Please take note of the new month for 2018. Delivering Alpha continues to be an incomparable who’s who of the investor community with leading asset manager and institutional investors offering candid views along with illustrious political and economic commentators appearing in short segments moderated by CNBC talent and II editors.

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