Top 25 Hedge Fund Managers Earn More Than All S&P 500 CEOs

December 8, 2012 1:01 pm

Well here is some stat that will take some time to digest –

“Top hedge fund managers earn what has been termed “extraordinary” amounts of money, with the highest-grossing getting up to $4 billion per year.[33][34] Earnings at the top are far higher than in any other sector of the financial industry. “They wouldn’t even consider getting out of bed for the $13m (£8m) Goldman Sachs’ boss Lloyd Blankfein was paid last year,” writes Richard Anderson, a BBC Business reporter.[35] Collectively, the top 25 hedge fund managers regularly earn more than all 500 of the chief executives in the S&P 500.[36] ‘

Source: Wikipedia

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