Here are the world's 17 richest hedge-fund billionaires

Business Insider

Bridgewater Associates founder, chairman, and co-CIO Ray Dalio.

• Successful hedge-fund managers are good at coming up with well-defined investment strategies to make money for their clients.
• Hedge-fund managers usually charge their clients a management fee and take a percentage of the profits.
• Here are the richest hedge-fund managers in the world, based on Forbes' 2019 billionaires report, in ascending order of their net worth.

Hedge-fund managers are good at coming up with well-defined investment strategies to make money for their clients.

Historically, these managers have charged a 2% management fee and take around 20% of the annual profit they make for their clients. While some active funds have decreased fees to attract investors, successful managers have still been able to make a ton of money by managing the capital of their clients.

Using Forbes 2019 report, Markets Insider compiled a list of the wealthiest hedge-fund billionaires. Here are the richest hedge-fund managers in the world, in ascending order of their net worth.