-Apr-
01
Boone Pickens Tops The Top 10 List of Highest-Earning Traders of 2005 (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comments (0)

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RANK: 1
NAME: Boone Pickens
CITY: Dallas, Texas
FIRM: BP Capital
AGE: 77
ESTIMATED INCOME: $1.5 Billion ++

You think you had a good year in the market? Mr. Pickens netted over 1.5 Billion in 2005. Returns on Pickens's main commodities pool were over 700 percent in 2005. His smaller equity fund was up more than 100 percent. So what does someone like Pickens do with all that money? He donates a lot to pet rescues. He recently donated 165 million to Oklahoma State only to see the money end up being invested back into his hedge fund. Not a bad move considering the triple digit growth the fund saw.

Many believe this to the be largest one-year sum ever to be earned. Not since Michael Milken's legendary $550 million haul of 1986, adjusted for inflation, has such wealth been seen being ushered in. Congratulations Boone Pickens.

RANK: 2
NAME: Stevie Cohen
CITY: Stamford, Connecticut
FIRM: SAC Capital Advisors
AGE: 49
ESTIMATED INCOME: $1.0 Billion +

RANK: 3
NAME: James Simons
CITY: East Setauket, New York
FIRM: Renaissance Technologies Corp.
AGE: 67
ESTIMATED INCOME: $900 - $1 Billion

RANK: 4
NAME: Paul Tudor Jones
CITY: Greenwich, Connecticut
FIRM: Tudor Investment Corp
AGE: 51
ESTIMATED INCOME: $800 - $900 Million

RANK: 5 (TIED)
NAME: Bruce Kovner
CITY: New York
FIRM: Caxton Associates
AGE: 61
ESTIMATED INCOME: $500 - $600 Million

RANK: 5 (TIED)
NAME: Stephen Feinberg
CITY: New York
FIRM: Cerberus Capital Management
AGE: 46
ESTIMATED INCOME: $500 - $600 Million

RANK: 5 (TIED)
NAME: Eddie Lampert
CITY: Greenwich, Connecticut
FIRM: ESL Investments
AGE: 43
ESTIMATED INCOME: $500 - $600 Million

RANK: 8
NAME: David Shaw
CITY: New York
FIRM: D.E. Shaw & Co.
AGE: 55
ESTIMATED INCOME: $400 - $500 Million

RANK: 9

NAME: Jeffrey Gendell
CITY: Greenwich, Connecticut
FIRM: Tontine Partners
AGE: 46
ESTIMATED INCOME: $300 - $400 Million

RANK: 10 (TIED)
NAME: Louis Bacon
CITY: New York
FIRM: Moore Capital Management
AGE: 49
ESTIMATED INCOME: $300 - $350 Million

RANK: 10 (TIED)
NAME: Stephen Mandel
CITY: Greenwich, Connecticut
FIRM: Lone Pine Capital
AGE: 50
ESTIMATED INCOME: $300 - $350 Million

Congratulations to all the individuals listed above. This has gone on record as what some believe is the largest one-year sum ever earned by investors. Good luck this year everyone.

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