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Putting the ‘ill’ in Billion

By Chris Clair

In these tough economic times, it’s nice to know some people are still making enough to get by. For those of you curious about which hedge fund managers made Forbes magazine’s annual list of billionaires, but not curious enough to comb through the whole list yourself, FINalternatives has done the legwork.

Here’s the list:

35. George Soros, $14 billion
45. John Paulson, $12 billion
59. Carl Icahn, $10.5 billion
80. James Simons, $8.5 billion
113. Steve Cohen, $6.4 billion
171. Stephen Schwarzman, $4.7 billion
212. John Arnold, $4 billion
(tie) Ray Dalio, $4 billion
(tie) Daniel Ziff, $4 billion
(tie) Dirk Ziff, $4 billion
(tie) Robert Ziff, $4 billion
258. Bruce Kovner, $3.5 billion
(tie) David Tepper, $3.5 billion
287. Daniel Och, $3.3 billion
297. Paul Tudor Jones II, $3.2 billion
316. Edward S. Lampert, $3 billion
354. Stanley Druckenmiller, $2.8 billion
374. Leon Black, $2.5 billion
(tie) David Shaw, $2.5 billion
437. Julian Robertson, $2.2 billion
488. Philip Falcone, $2 billion
536. David Bonderman, $1.9 billion
536. Alan Howard, $1.8 billion
556. Wilbur Ross, $1.8 billion
582. Israel Englander, $1.7 billion
655. Louis Bacon, $1.5 billion
(tie) James Dinan, $1.5 billion
(tie) Stephen Mandel, $1.5 billion
721. Marc Lasry, $1.4 billion
773. Glenn Dubin, $1.3 billion
880. Michael Hintze, $1.1 billion
(tie). T. Boone Pickens, $1.1 billion
(tie) Henry Swieca, $1.1 billion

Clearly, the guys at the bottom need to start working harder. And what’s with the family collusion among the Ziffs? If I was Dan Och, I’d be wondering…. Actually, if I was Dan Och I’d be floating on a blow-up raft in a warm cove on my own private island. Dubin & Swieca - SUNY Stonybrook guys make good.

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