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Hedge fund bonanza

Filed in archive executive pay by leon on August 31, 2007

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How much do hedge fund managers make? A lot more than ordinary folk.

According to a new study, the top 20 private equity and hedge fund managers pocketed an average $657.5 million, or 22,255 times the pay of an average US worker. The top four each pocketed over $1 billion.

According to the Institute for Policy Studies and United for a Fair Economy study, chief executives made 364 times the pay of the average American worker, averaging about $10.8 million. Average perks came out to $438,342.






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Tags: hedge  fund  managers  compensation  2007  hedge+fund  fund+bonanza  fund+managers 

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