April 26th in City News, Hedge Funds, Money, Super Rich, Wealthy by Editor .

An American is Britain’s wealthiest Hedgie

Whilst Lakshmi Mittal, the steel magnate is the UK’s richest man with £20.4bn…

Charles Tyrwhitt UK
 

According to The Sunday Times Rich List, Moore Capital Management chief Louis Bacon’s £1.1 billion fortune placed him top of the U.K.’s richest hedgies. He edged out Sail Advisors’ Robert Miller who took the top spot last year. Bacon’s wealth increased by 69% last year from £650 million to £1.1bn; Miller’s rose 27% from £750 million to £950 million.

The richest family in the world is the Walton family of Walmart fame at £53.3bn.

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