Hedge Fund: Paulson & Co.
Estimated to be worth around $11 billion personally, he became a top hedge fund manager by predicting and profiting from the stock market crash of 2007. He is a graduate of New York University with a Finance degree and attending Harvard for an MBA. He started Paulson & Co with just $2 million from investors and now manages $36 billion in assets. Paulson has been a prominent philanthropist donating millions to NYU and London School of Economics. He has also funded the building of a hospital in Ecuador where his father was born.
Steven A. Cohen
Hedge Fund: SAC Capital Advisors
With the reputation of being one of the best traders in the world, Steven Cohen started SAC in 1992. He is known to keep out of the public eye but the secrets of SAC are starting to unfold as the federal government has initiated an investigation for insider trading violations at his hedge fund. Cohen began trading in college at the University of Pennsylvania with just $1000. He is now estimated to be worth $8 billion and is a top hedge fund manager
Hedge Fund: Citadel Investment Group
Based in Chicago, Kenneth Griffin has the reputation of being one of the hardest hedge fund managers to work for. His interest in finance started as an undergraduate at Harvard where he started his first hedge fund. Kenneth Griffin made an early splash in the hedge fund industry as he became one of the richest self-made millionaires under 40 years old.
Hedge Fund: Harbinger Capital Partners
Growing up in Minnesota, Philip Falcone became a star hockey player where he continued to play at Harvard. After his success as a hedge fund manager, Falcone became a part owner of the Minnesota Wild hockey team. As an investor, he predicted the stock market crash of 2007 creating massive profits for himself and his hedge fund. He is estimated to have a personal wealth of around $2 billion.
Hedge Fund: Appaloosa Management
With a specialty in distressed investments, David Tepper bounced around several jobs on Wall Street before starting his own hedge fund in 1993 called Appaloosa. He earned his reputation as a top hedge fund manager by buying unloved stocks and betting on their turnaround. He is a native of Pittsburgh and attended The University of Pittsburgh for undergraduate studies and Carnegie Mellon for graduates studies. In 2009, he was named the top earning hedge fund manager by betting on financial stock recovery.