BusinessWeek – Moore Capital Management LLC founder Louis Moore Bacon topped the Sunday Times list of the 25 wealthiest U.K.-based hedge fund managers in an annual estimate of net worth known as the “Rich List.”
The wealth of U.S.-born Bacon, 53, nearly doubled to an estimated 1.1 billion pounds ($1.7 billion), up from 650 million pounds a year ago, according to a copy of the newspaper’s rankings, which will be published on April 25. Robert Miller, chairman of Hong Kong-based fund of hedge funds Sail Advisors, ranked No. 2 among hedge fund managers, with 950 million pounds.