Hedge funds — those complex investments designed to make money when the market goes down as well as up — have garnered enormous fortunes for the individuals who manage them. The allure of hedge funds has meant big ratings for the Showtime series “Billions,” which is set in the industry.
In 2014, the top 25 hedge fund managers earned a combined total of nearly $12 billion, according to a recent report from The Wall Street Journal’s WSJ Custom Studios that uses data from research firm Wealth-X.
The high-stakes world has created wealth, fame and notoriety for those associated with the industry as well as hedge fund managers.
Meet 5 of these power players, including the woman who earns huge commissions on the mansions she sells to these “masters of the universe” and the man responsible for the largest insider trading fraud in hedge fund history.