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Hedge Funds Report: Record-Breaking 2023 Profits Explained

In a remarkable achievement for hedge funds, 2023 was marked by record-breaking profits led by prominent billionaire hedge fund managers Chris Hohn and Ken Griffin.

Hedge Fund Industry's Ken Griffin, the founder and CEO of Citadel. PHOTO: E. Jason Wambsgans, Chicago Tribune
Hedge Fund Industry’s Ken Griffin, the founder and CEO of Citadel. PHOTO: E. Jason Wambsgans, Chicago Tribune

The top 20 hedge fund managers collectively amassed an impressive $67 billion in profits for their investors, propelling the industry’s total earnings to a staggering $218 billion.

This figure notably surpassed the previous record set in 2021. At the forefront of this success was TCI Fund Management, spearheaded by British billionaire Chris Hohn, which realized a remarkable

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