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Alan Howard more than doubles personal fortune

Times 2010 Rich List shows global macro hedge fund managers dominate the upper echelons

Alan Howard, the driving force behind $30bn (€22.5bn) firm Brevan Howard Asset Management, has seen his personal fortune more than double in a year that saw the fortunes of the top hedge fund trio grow by more than £1bn, according to the 2010 Sunday Times Rich List.

Howard, whose personal wealth is up 133% this year to £875m (€1bn), is beaten to the top of the list however by global macro rival Louis Bacon, founder of Moore Capital Management, the firm that poached Brevan Howard co-founder Jean Philippe Blochet earlier this year. Bacon gains billionaire sterling status in the 2010 Rich List with a 69% rise in his fortune, making him one of the 50 richest people in the country.

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