The Big Take

Another Year, Another Big Payday for Hedge Fund Heads

On today’s Big Take podcast, we discuss how Bill Ackman has shot up the ranks of highest-paid hedge fund managers — by doing very little.

Bill Ackman

Photographer: Jeenah Moon/Bloomberg
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Bill Ackman has had a big year. His constant posting and vocal condemnation of antisemitism on college campuses has won him over a million followers on X (and more than a few critics). Meanwhile, his hedge fund, Pershing Square Capital Management, has netted him $610 million in earnings.