Highest Paid Hedge Fund Managers
2. Carl Celian Icahn
Earned: $2.5 Billion
Assets Under Management: $7 Billion
Icahn is an American investor and business magnate. He is the founder of Icahn Capital Management. Icahn is such a deft hedge fund manager that when other hedge fund firms were in the red zone, Icahn had garnered a gross return of 34.5 percent. What comes as a pleasant surprise here is that he achieved this figure without any investment fees. He even returned all this money to various investors in April 2011. He did this to avoid the situation faced by him in 2008, when investors hounded him for money. Icahn made almost half of his profit in Q4, by investing in El Paso, a natural gas company. He has also made significant investments in - Chesapeake Energy, Motorola Solutions, Motorola Mobility Holdings and Biogen Idec.
