Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Ray Dalio Isn’t the Highest Paid Hedge Fund Manager in 2011

Forbes declared that Ray Dalio was the highest paid hedge fund manager in 2011. We disagree. If you are paying capital gains taxes on your income, what you earned isn’t really your earned income, it is capital gains. I don’t think Ray Dalio is going to pay 36% of his “$3 billion income” as tax, so stop treating capital gains as earned income. Yes, we know hedge fund managers also pay a 15% capital gains tax on some portion of their earned income and they are willing to donate millons to Mitt Romney’s super PAC to protect their interests. But, even the yellow dog knows that hedge fund manager’s performance fees are earned income.

BRIDGEWATER ASSOCIATES

Forbes and other publications have been doing this for years though. Since they pretend that a hedge fund manager’s personal investment gains are part of his “earned-income” we are going to pretend that entrepreneurs and business owners are hedge fund managers. Our calculations show that the highest paid hedge fund manager in 2011 was Facebook’s Mark Zuckerberg. Mark Zuckerberg returned around 100% to his investors in 2011 and personally made $14 billion. One of his investors was Tiger Global’s Chase Coleman. Chase Coleman was also among the best performing hedge fund managers in 2011 because his funds have a large stake in Facebook. His stake in Facebook helped him to deliver a 45% return in 2011.

Journalists are obsessed with ranking hedge fund managers because readers are interested in these unscientific rankings. We have a better ranking system. We rank hedge fund managers based on their long stock picks that are revealed in their 13F filings. This way every hedge fund manager gets an equal shot at ranking high. Hedge fund managers who rank higher on a consistent basis really deserve more attention than billionaire hedge fund managers who shift their focus on retaining their wealth and maximizing their management fees. You can check out our rankings on our hedge fund page.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!