The year 2020 will go down in the record books as one of the worst in global history.
Nearly 2 million people died from coronavirus , tens of millions more lost their jobs and countless others faced unprecedented disruption to their daily lives.
However, it was a very profitable year for the elite few financial executives betting on health of the global economy. The world’s top 15 hedge fund managers collectively made $23.2bn (£16.9bn) last year.
The best performing hedge fund manager, Chase Coleman III, the founder of Tiger Global Management (TGM), made $3bn in performance management fees and gains on his personal investment in the fund, according to a Bloomberg analysis of regulatory filings.
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