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World’s top 15 hedge fund managers made $23.2bn in total last year

Chase Coleman III leads masters of the universe list with $3bn, according to analysis

The year 2020 will go down in the record books as one of the worst in global history. Nearly 2 million people died from coronavirus , tens of millions more lost their jobs and countless others faced unprecedented disruption to their daily lives.

However, it was a very profitable year for the elite few financial executives betting on health of the global economy. The world’s top 15 hedge fund managers collectively made $23.2bn (£16.9bn) last year. That is the equivalent of more than six Marks & Spencers or more than the gross domestic product of the Iceland or Zambia (population: 18 million).

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