Bill Ackman Climbs to #7 on Best-Paid Hedge Fund Managers List with $610M Haul
Bill Ackman earns $610 million in 2023, securing the 7th spot on Bloomberg's hedge fund pay list.
Ackman's Pershing Square sees a 26.7% gain with a minimalistic 10-stock portfolio approach.
His performance outshines Citadel and Millennium Management, despite their larger operations.
A third of Ackman's earnings stem from Pershing Square Holdings' share-price gains.
Ackman's strategy shift to a "quieter approach" in managing his fund pays off significantly.
Millennium's Izzy Englander and Citadel's Ken Griffin top the earnings list with $2.8B and $2.6B, respectively.
Ackman's public engagements include combating antisemitism and launching a new fund for retail investors.
TCI Fund Management's Chris Hohn also makes a notable earning with a similar lean portfolio strategy.
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_Zen : Never forget his Netflix, Herbalife, and PSTH massive fumbles
TheApeInvestor : Criminals
ClydePeternutsOP _Zen: Hhhhhhh