In this article, we discuss 5 richest hedge fund managers in the world. If you want to see more richest hedge fund managers in the world, the risk/reward, and methodology of this list, go directly to 15 Richest Hedge Fund Managers in the World.
5. Steve Cohen
Net Worth as of 4/5/22: $17.4 billion
Steve Cohen ranks #5 on our list of 15 Richest Hedge Fund Managers in the World with a net worth of $17.4 billion. Cohen founded the firm SAC Capital Advisors and Point72 Asset Management both of which are led by multiple managers who invest with different strategies. At the end of Q3, Point72 Asset Management’s biggest position was in Biogen Inc. (NASDAQ:BIIB) with a stake of $448 million.
4. Ray Dalio
Net Worth as of 4/5/22: $22 billion
Ray Dalio is the founder of Bridgewater Associates, one of the biggest macro funds in the world with AUM of $140 billion as of March 2021. Given it invests in multiple different markets, Bridgewater Associates only has a 13F equity portolio of $19.8 billion at the end of Q3, however. At the end of September, the fund’s biggest position was The Procter & Gamble Company (NYSE:PG) with a position value of $835.2 million. Ray Dalio ranks #4 on our list of 15 Richest Hedge Fund Managers in the World with a net worth of $22 billion.
3. Ken Griffin
Net Worth as of 4/5/22: $27.2 billion
Ken Griffin is one of the richest people in the world with a net worth of $27.2 billion thanks to his firm Citadel Investment Group which he founded in 1990. Citadel Investment Group’s biggest position at the end of September was Amazon.com, Inc. (NASDAQ:AMZN) with a stake value of over $1 billion.
Although Amazon.com, Inc. (NASDAQ:AMZN) has substantial long term growth potential, its shares have lagged the market this year with the stock down over 48% year to date. Diamond Hill Capital Management commented on Amazon.com, Inc. (NASDAQ:AMZN) in a Q2 2022 investor letter,
Amazon.com, Inc. (NASDAQ:AMZN)’s shares underperformed as valuations of fast-growing companies continued to compress in Q2. Amazon’s growth investments over the past two years have pressured earnings as consumer demand has been weaker than anticipated. However, we believe the company will be able to grow into its infrastructure investments over time. These investments have obscured the magnitude of sustainable free cash flow as well as the attractive valuation of the business relative to peers.
2. Jim Simons
Net Worth as of 4/5/22: $28.6 billion
Jim Simons is one of the richest people in the world given his track record at Medallion Fund, which might be the best performing fund in history. Given Medallion Fund’s performance, however, the fund is only available to Jim Simons and his employees. Meanwhile, Jim Simons’ broader fund, Renaissance Technologies hasn’t done as well with the performance lagging the market in some months. Renaissance Technologies biggest 13F equity position at the end of Q3 was Novo Nordisk A/S (NYSE:NVO) with a stake value of over $1.5 billion.
1. Warren Buffett
Net Worth as of 4/5/22: $118 billion
Warren Buffett is the greatest investor of all time and the founder of Berkshire Hathaway which is also one of the largest conglomerates in the world. Warren Buffett is known for buying high quality companies with competitive advantages and holding them for a long time. Although he hasn’t invested a lot in technology in the past, Berkshire Hathaway’s largest position was in Apple Inc. (NASDAQ:AAPL) with a holding of 894.8 million shares at the end of Q3. Warren Buffett has a net worth of $118 billion, ranking #1 on our list of 15 Richest Hedge Fund Managers in the World.
You can also take a look at 15 Biggest Banks In The World and Ken Griffin Stock Portfolio: Top 10 Stock Picks.
