Since Michael Platt gave up managing funds for clients ten years ago and switched to trading with his own funds, a series of highly leveraged bets have made him one of the richest hedge fund billionaires in the world. A source familiar with the matter revealed that Platt's private trading company BlueCrest Capital Managemen returned 73% last year. Some of the latest earnings came in early 2025, when Trump announced additional tariffs, causing sharp market fluctuations. Based on Bloomberg's calculation of BlueCrest's annual return report, BlueCrest's cumulative return since 2016 has increased to about 7858%. This data is based on compound interest calculations and assumes that no funds are withdrawn each year.

Since Michael Platt gave up managing funds for clients ten years ago and switched to trading with his own funds, a series of highly leveraged bets have made him one of the richest hedge fund billionaires in the world. A source familiar with the matter revealed that Platt's private trading company BlueCrest Capital Managemen returned 73% last year. Some of the latest earnings came in early 2025, when Trump announced additional tariffs, causing sharp market fluctuations. Based on Bloomberg's calculation of BlueCrest's annual return report, BlueCrest's cumulative return since 2016 has increased to about 7858%. This data is based on compound interest calculations and assumes that no funds are withdrawn each year.