Not to forget Dan Zanger. " Dan J. Zanger holds the world record for the highest percentage increase in a personal portfolio, 29,233 percent annual gain."
https://forexezy.com/dan-zanger
And a thing, it is not all about returns rather than making $$$ in absolute terms. Because when you already compounded to the end you can only make stellar absolute amounts of gains. Here are some of the largest traders/managers of its kind. The largest ones make several billions in earnings/payouts every year.
https://www.cnbc.com/2021/02/22/-25...earned-record-setting-32-billion-in-2020.html
https://www.institutionalinvestor.c...ng-of-the-Highest-Earning-Hedge-Fund-Managers
1
$4.1 Billion
Kenneth Griffin
Citadel
The multistrategy maven tops the Rich List for the first time in six years after Citadel’s flagship Wellington fund posted its best results in 13 years, surging 38.1 percent. It was up nearly 117 percent over the past three years. Each of its five core strategies — fixed-income and macro, commodities, equities, quant, and credit — made money last year. But it wasn’t the only fund that did well: The firm’s Global Fixed Income fund jumped 32.6 percent; Tactical Trading gained 26.5 percent; and Citadel Equities, a market-neutral fund, rose 26.4 percent. In 2022, Griffin made $16 billion altogether for investors, according to LCH Investments, and at the end of the year, the firm returned about $7 billion to investors. Griffin is among a growing number of hedge fund managers to move to Florida in recent years, and he has pledged support for the state’s governor, Ron DeSantis, if he runs for president. As a sort of parting gift to his former hometown, Griffin donated more than $130 million to 40 Chicago organizations in June, including gifts of $30 million to the University of Chicago, $25 million to Northwestern Medicine, and $20 million to the Field Museum.
2
$3.2 Billion
Israel (Izzy) Englander
Millennium Management
Griffin’s archrival takes the No. 2 spot for the second straight year after Englander’s funds gained 12.4 percent in 2022. The 53-year Wall Street veteran’s firm now manages $58.6 billion and boasts more than 290 investment teams across four primary strategies: relative-value fundamental equity, equity arbitrage, fixed-income, and quantitative. Late last year, the
Financial Times reported that co–chief investment officer Bobby Jain had left the firm. In his place, Millennium created an “office of the chief investment officer,” which includes two new co-CIOs — Paul Russo, who had been serving as the firm’s global head of equities risk, and Justin Gmelich, formerly a partner and global head of markets at King Street Capital Management — as well as heads of risk management for the asset classes in which the firm trades.
3
$1.9 Billion
Steven Cohen
Point72 Asset Management
New York Mets fans were ecstatic last fall when Cohen, the team’s owner, shelled out $800 million for nine free agents. This sum proved to be less than half of what he earned thanks to his multistrategy fund’s 10.25 percent gain. Altogether, Point72 made $2.4 billion in profits for investors, according to LCH. Point72’s largest strategy by both assets and head count is the discretionary long-short strategy. Others include Cubist Systematic Strategies, which engages in computerized trading in many liquid markets; a global macro business that makes discretionary investments; and a private investing business that invests in venture capital.
4
$1.2 Billion
David Tepper
Appaloosa Management
Tepper’s Appaloosa posted roughly an 8.25 percent return last year — and the eclectic investor personally accounts for the bulk of the assets in his now West Palm Beach, Florida–based hedge fund. The Carolina Panthers owner has been bearish for some time, telling CNBC in late December that he was “leaning short” on stocks, believing they were still overvalued. At year-end, two stocks accounted for more than 28 percent of Appaloosa’s more than $1.3 billion U.S. stock portfolio: power and energy supplier Constellation Energy and Google parent Alphabet.
5
$1.1 Billion
James Simons
Renaissance Technologies
Simons brought home his lowest earnings in a decade after RenTech’s three computer-driven funds that are available to outsiders — RIDA, RIEF, and RIDGE — all posted low- to mid-single-digit returns in 2022. But
the former No. 1 earner remains the only hedge fund manager to qualify for the Rich List in every year since its debut. His flagship Medallion Fund, which has been closed to outsiders for 30 years, has compounded at about 37 percent per year net of its 5 percent management fee and 44 percent performance fee, making Simons the greatest hedge fund manager of all time. In 2021, the mathematician and onetime government code breaker stepped down as chairman of the board of the firm he founded in 1982.
6
(Tie)
$1 Billion
John Overdeck
David Siegel
Two Sigma Investments
Quant giant Two Sigma enjoyed another strong year as its largest diversified funds posted gains of 8 to 10 percent. The firm, which manages $60 billion, employs more than 1,500 people, including more than 200 PhDs and 14 International Mathematical Olympiad medalists. Two Sigma blends data and technology in its quest to generate alpha, drawing on more than 10,000 data sources and potentially trading as many as 8,000 exchange-listed equities, among other assets. The firm, launched in 2001, has also made more than 75 venture investments. In 2019, Overdeck, a onetime math prodigy, and Siegel, an artificial intelligence expert, accepted lifetime achievement awards at
Institutional Investor’s Hedge Fund Industry Awards.
