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Billionaire Hedge Fund Manager John Arnold Retires

By Chris Clair

CNBC’s Kate Kelly reports on the details of legendary energy trader and billionaire hedge fund manager John Arnold choosing to retire and dedicate himself to philanthropy.

“This is a remarkable move considering that the man is only in his late 30s,” Kelly says.

Arnold ran Centaurus Energy Partners, with assets of about $4 billion.

The video is below, ZeroHedge has his closing letter here and there’s more to be read on HedgeWorld here.

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