Paul Tudor Jones

Year of Birth: 
1954
Rank: 
#5
City: 
Greenwich, Connecticut
Firm: 
Tudor Investment Corp
Estimated income: 
$800 – $900 MILLION

As the long, hot summer of 2005 wore on, the flagship fund that anchors Paul Tudor Jones's roughly $14 billion hedge-fund empire was hardly sizzling. Reports were surfacing that like a lot of funds, it had suffered losses in May and -- gasp! -- was actually down 2 percent at mid-year. But never bet against a master. Jones staged a comeback, all right: His flagship fund (with assets of $2 billion) finished the year up roughly 14 percent, an improvement over the 12 percent return registered a year earlier. Much of this commodities superstar's personal earnings have been plowed back into his funds over the years; thus it's astounding to speculate what he might actually be taking home. We attempted to err on the conservative side, because Paul Tudor Jones has a reputation for paying his people extremely well. But, based on what we believe is at least a sizable personal stake, Jones's 2005 take had to be among his most enormous yet -- which is why he was able to do such things as back Harvey and Bob Weinstein's new media group, swap thousands of acres of pristine Colorado land with the federal government and help bankroll construction of a new 15,000-seat arena for the University of Virginia, his alma mater. It'll be called John Paul Jones Arena -- named after Jones's father, by the way, not the Revolutionary War naval hero.