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Best-Paid Hedge Fund Managers

John Paulson rocketed to No. 1 in Alpha's seventh annual survey by shorting the subprime mortgage market.

Click here to view 2009 Top 25 Highest-Earning Hedge Fund Managers Alpha uses two components to calculate earnings: managers’ share of their firm’s performance and management fees, as well as gains on their own capital. (For multibillionaires like Soros and Simons, the latter can be substantial.) We exclude, however, any proceeds

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