Bill Ackman Is A Billionaire

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Which is nice, although Carl Icahn is a billionaire 20 times over, and the richest alternative investment fund manager on Earth.

Also: Steve Cohen just missed out on being a member of the 11-figure club. And Phil Falcone is somehow still a billionaire.

Carl Icahn is the wealthiest hedge fund or private equity manager in the world, according to the list, on which he placed 26th with $20 billion. The list is led once again by Mexico’s Carlos Slim Helu and Bill Gates, with fortunes of $73 billion and $67 billion, respectively.

There were at least 76 alternatives billionaires on the list, which hit a record 1,426 members this year with a record combined net worth of $5.4 trillion. Seven of the alts. magnates made the top 100 with fortunes of at least $10 billion: George Soros ($19.2 billion), Dell Inc. and MSD Capital founder Michael Dell ($15.3 billion), Bridgewater Associates’ Ray Dalio ($12.5 billion), buyout kingpin Ronald Perelman ($12.2 billion), Renaissance Technologies’ James Simons ($11.7 billion), and Paulson & Co.’s John Paulson ($11.2 billion). SAC Capital Advisors’ Steven Cohen just missed the cut, with $9.3 billion.

The World’s Billionaires [Forbes]
Icahn, Soros Richest Alts. Billionaires [FINalternatives]

Comments (9)

  1. 1
    Posted by DingALing | March 4, 2013 at 4:15 PM

    Selling out fellow Jews for a profit is the NKI

    -Soros

  2. 2
    Posted by Macke | March 4, 2013 at 4:31 PM

    Matt, I wanna make love to your walrus!

  3. 3
    Posted by C. Icahn | March 4, 2013 at 5:04 PM

    I was a billionaire 4th grader in Queens when that was *tough* to do.

  4. 4
    Posted by PenthouseEditor | March 4, 2013 at 5:10 PM

    Dear John,

    You appear to have confused titles with the body of an article again, which has resulted in a bit of a catastrophic sentence fragment in the 2 sentences you have submitted. Obviously this was just a minor oversight given your pristine record of high quality missives, and your devilishly strong grasp of language.

    In order to tally up your monthly stipend we here at Penthouse are about to undertake a review of your submission for the month of May. As per usual these will be paid out based on your standard rate of $0.01 per word.

    Please monitor this space for the final sum, which will as usual be paid out in your requested format – an Olive Garden gift card.

    Bess@Penthouse

  5. 5
    Posted by Paste faster | March 4, 2013 at 5:20 PM

    Bess: Hey Shazarster, where's your daily article?
    Shaz: Gimme 10 secons, literaliy
    Shaz: http://www.forbes.com > Cntrl+C > Cntrl + V
    Shaz: There you are queen B
    Bess: Unreal
    Shaz: Now back to my WOW account!

  6. 6
    Posted by Mike Milken | March 4, 2013 at 5:25 PM

    Oh. My. God. Shazar , you are somehow a waste of Internet space with is effectively zero marginal cost. Please, please, please stop.

  7. 7
    Posted by UBSWordCountQuant | March 4, 2013 at 5:43 PM

    Dear John,

    You are due $35.25 for the month of February. Please note as we have cover this many times that this includes titles but does not include your name.

    You may find the following analysis of your work during this period interesting:

    1) You wrote 40 articles;
    2) Average words/article = 88;
    3) According to Wordle.net your 10 most commonly used words were New, Year, Time, Yesterday, May, Much, Billion, Get, One, and Like.

    Great work!

  8. 8
    Posted by Deleveraging | March 4, 2013 at 5:47 PM

    Jon: While I generally appreciate the aggregation of news that you provide; is using your own material/stories from FINalternatives fair use? This adds new meaning to doing a "Desk Job".

  9. 9
    Posted by Guest | March 5, 2013 at 6:51 AM

    Why is Shia Labeouf not on this list? I thought he was now a star trader?

    Ah well next year for sure…