It hasn’t been the best year to be a hedge fund manager.The 25 members of The Forbes 400 who made their fortunes from hedge funds are worth a combined $185 billion, up $2.8 billion from last year. As a group, that’s saying something, given that hedge funds got hammered in the first half of 2020, losing a record 7.9% on average, according to an analysis by Hedge Fund Research.The number of hedge funders on The Forbes 400 held steady at 25 this year, but Renaissance Technologies' Henry Laufer slipped from the rankings, and Pershing Square Capital Management founder and CEO William Ackman returned to the list after a four-year absence. Of those who were on the 2019 list, 11 got richer, 7 are down and 6 are flat. Still, their performance pales in comparison to some tech tycoons who are tens of billions of dollars richer than a year ago–like Jeff Bezos, whose net worth jumped an eye-catching 57% since the 2019 Forbes 400 list.The biggest gainer of the group is also the youngest hedge fund m...
