Top 3 fund managers earn over $1bn, top 25 almost $15bn

The combined earnings of the world’s top 25 hedge fund managers of almost $15bn exceeded the national income of Jordan last year and three individuals took home more than $1bn, according to an annual industry survey.

The survey put Jim Simons, of Renaissance Technologies, on earnings of $1.7bn, Ken Griffin, of Citadel Investment Group, on $1.4bn and Eddie Lampert, of ESL Investments, on $1.3bn.

The earnings reflect record investment into hedge funds, with the money increasingly flowing into the biggest managers as institutional investors such as pension funds begin to put cash into the industry.