Some Mathematicians Earned Billions In 2007

The Top 10 Hedge Fund managers for 2007 have been released by Alpha Magazine. On last year's list the highest earner was James Simons, a former mathematics professor with $1.7 billion. This year John Paulson, another mathematician, is atop the list with more than double that obscene amount: $3.7 billion. Also in the top 3 was George Soros, who has been active in progressive causes through his Open Society Institute. The rich get richer, indeed!

Rank Name       Firm Name 2007 Earnings*
1  John Paulson Paulson & Co. $3.7 billion
2  George Soros Soros Fund Management 2.9 billion
3  James Simons Renaissance Technologies Corp. 2.8 billion
4  Philip Falcone Harbinger Capital Partners 1.7 billion
5  Kenneth Griffin Citadel Investment Group 1.5 billion
6  Steven Cohen SAC Capital Advisors 900 million
7  Timothy Barakett Atticus Capital 750 million
8  Stephen Mandel Jr. Lone Pine Capital 710 million
9  John Griffin Blue Ridge Capital 625 million
10 O. Andreas Halvorsen Viking Global Investors 520 million