Top 25 took home total of $11.6 billion in pay last year
(NEWSER) - Hedge funds lost an average of 18% last year, but as markets fell to earth, the top 25 hedge fund managers each earned more than $75 million in pay, reports the New York Times. The most successful, James Simons of Renaissance Technologies, pulled in $2.5 billion, while George Soros took home $1.1 billion. Though the earnings equal only half of 2007's pool, the figures are stunning for a year in which so many investors pulled out. More»