The 11 richest hedge fund managers in Britain

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11 (joint). Ian Wace

11 (joint). Ian Wace

Net worth: £465 million ($669.77 million)

Age: 52

Wace, one of the duo that makes up the Marshall Wace, sold a 25% stake in their hedge fund to the US private equity group KKR, making £50 million.

Both Wace and Paul Marshall also gained £93 million worth of KKR shares in the deal.

Wace is married to model Saffron Aldridge (pictured).

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11 (joint). Paul Marshall

11 (joint). Paul Marshall

Net worth: £465 million ($669.77 million)

Age: 56

Marshall, alongside Wace, made £206 million in profits at Marshall Wace last year.

Fun fact: Marshall's son Winston is a member of the globally famous band Mumford & Sons (pictured).

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9. John Armitage

9. John Armitage

Net worth: £500 million ($720.18 million)

Age: 56

Armitage, who runs Egerton Capital, made a killing last year after betting against crashing energy stocks. Armitage has a 50% stake in the group, meaning his dividends are pretty stellar.

8. Chris Rokos

8. Chris Rokos

Net worth: £660 million ($950.64 million)

Age: 45

The cofounder of Brevan Howard initially retired at the age of 41 after he made £590 million from the group. However, he's now back in the game with the recently launched Rokos Capital Management.

He is notoriously private and not much is known about his private, nor are there many pictures of him in the public domain.

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7. Sir Chris Hohn

7. Sir Chris Hohn

Net worth: £720 million ($1.03 billion)

Age: 49

TCI Funding Holdings has £6.7 billion of assets under management and had a stellar year — it delivered a 14% return in 2015. Hohn took home £57 million.

However, in 2014, Hohn had to fork out £337 million to ex-wife Jamie Cooper when they divorced.

6. Crispin Odey and Nichola Pease

6. Crispin Odey and Nichola Pease

Net worth: £900 million ($1.29 billion)

Age: 57, 55

Odey is no longer a British billionaire.

He is a controlling shareholder in Odey Asset Management which has $13.4 billion in assets under management. Last year, he personally lost £200 million as profits at his hedge fund plunged to £84.1 million in 2015.

His salary from Odey Asset Management was also slashed from £31.8 million to £16 million.

His wife, Nichola Pease made £26 million when she sold her stake in JO Hambro Capital Management.

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5. Alan Howard

5. Alan Howard

Net worth: £1.04 billion ($1.49 billion)

Age: 52

Howard's position fell this year due to his Brevan Howard Master Fund falling by 1.99% last year.

Meanwhile, assets under management for the whole firm has almost halved over the last two years to $23.7 billion.

4. David Harding

4. David Harding

Net worth: £1.15 billion ($1.65 billion)

Age: 54

Harding is a Cambridge-educated physicist who manages $30 billion worth of clients' cash at his firm Winton Capital.

Harding, who founded the hedge fund in 1997, has received £437 million in dividends since 2006.

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3. Sir Michael Hintze

3. Sir Michael Hintze

Net worth: £1.28 billion ($1.84 billion)

Age: 62

Hintze's London-based hedge fund CQS made £95.7 million in profit in 2014 and doled out £23 million in dividends.

The former Australian army captain's CQS group manages £9.7 billion in client funds.

2. Robert Miller and Princess Marie-Chantal and family

2. Robert Miller and Princess Marie-Chantal and family

Net worth: £1.58 billion ($2.27 billion)

Age: 82, 47

Robert Miller made his fortune through cofounding the Hong Kong-based Duty Free Shoppers chain in 1960.

He retains a 38.75% stake in the group despite selling it to LVMH in 1998.

Nowadays, most of his wealth is "tied up in Search Investments, which has managed his money since 1974. Miller sold his private equity operation, Squadron Capital, in 2012. It had $1.5 billion in assets under management," said the Sunday Times.

His daughter Marie-Chantal Miller was born in London, England, and is the Crown Princess of Greece, Princess of Denmark after marrying Pavlos, the son of former King Constantine II of Greece, who was deposed in 1973.

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1. Michael Platt

1. Michael Platt

Net worth: £2.1 billion ($3.02 billion)

Age: 48

Platt, the cofounder of London-based BlueCrest hedge fund, sold a 25% stake in the Man fund in 2003 for £105 million. BlueCrest then bought back that stake in 2011 for £387 million. He earned more than £500 million last year.

However, he said in December that he is going to shut down the hedge fund business to become a private partnership.