March 25 (Bloomberg) -- Following is a ranking of the highest-paid hedge fund managers in 2008, according to Institutional Investor magazine’s Alpha publication.

The top 25 managers earned a total of $11.6 billion in 2008, the third-best year on record, according to Alpha. The following table is ranked by the highest money earners:

Rank Person              Firm                               2008 est.
1  James Simons          Renaissance Technologies Corp.     $2.5 billion
2  John Paulson          Paulson & Co.                      $2.0 billion
3  John Arnold           Centaurus Energy                   $1.5 billion
4  George Soros          Soros Fund Management              $1.1 billion
5  Raymond Dalio         Bridgewater Associates Inc.        $780 million
6  Bruce Kovner          Caxton Associates LLC              $640 million
7  David Shaw            D.E. Shaw & Co.                    $275 million
8  Stanley Druckenmiller Duquesne Capital Management LLC    $260 million
9= David Harding         Winton Capital Management LLC      $250 million
9= Alan Howard           Brevan Howard Asset Management LLP $250 million
9= John Taylor Jr.       FX Concepts Inc.                   $250 million
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SOURCE: Institutional Investor      http://www.institutionalinvestor.com

For Related News and Information: Top news from the fund management industry:TOP FUND <GO> For a menu of venture capital related websites: VCPL <GO> Hedge fund home page:HFND <GO>

Last Updated: March 25, 2009 04:32 EDT