25 Americans Earn As Much As Half-A-Million Americans

April 1, 2011 10:57 am

Who could they possibly be? Hedge Fund Managers, of course.

Last year was very lucrative for some of the biggest and best-performing hedge funds’ chiefs. Wealth was so concentrated that a mere 25 people pocketed a total of $22.07 billion, according to this year’s annual ranking by AR Magazine, which tracks the hedge fund industry. At $50,000 a year, it would take the salaries of 441,400 Americans to match that sum.

Statistics Source: CNBC

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