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Who is the best-paid man in the world

Who is the best-paid person in the world

Is it overpaid footballer Cristiano Ronaldo?

Hollywood heartthrob Zac Efron?

Goldman Sachs’ CEO Lloyd Blankfein?

Wrong, wrong, wrong!

Meet 53-year-old hedge fund manager David Tepper, of Appaloosa Management. In 2009, David Tepper earnt $4bn, according to the BBC.

I’m not sure whether it’s awe-inspiring or sickening, but it’s a HUGE amount of cash to earn in one year. Four billion dollars a year works out as $11m per day, or $1.2m per hour (based on a 9-hour working day). (Of course, most of this is in his bonus, not salary.)

The BBC piece is eye-opening – £4bn could buy you Montenegro (whose entire economic output is the same as David Tepper’s earnings in 2009); or all of Marvel Comics (including the Spiderman, Iron Man and X-Men franchises, which Disney bought for $4bn in 2009); or the World Cup (Qatar is spending $4bn on building nine new stadiums for the 2022 World Cup); or much, much more (obviously).

Hedge fund rich list 2009

Hedge fund manager Hedge fund group Earnings

Source: AR Magazine

David Tepper

Appaloosa Management

$4bn (£2.5bn)

George Soros

Soros Fund Management


James Simons

Renaissance Technologies


John Paulson

Paulson & Co


Steve Cohen

SAC Capital Advisers


Carl Icahn

Icahn Capital


Edward Lampert

ESL Investments


Ken Griffin

Citadel Investment Group


John Arnold

Centaurus Advisors


Philip Falcone

Harbinger Capital Partners




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