Institutional Investor's Alpha magazine has just released it's annual ranking of top hedge funds earners, and some of the salaries are astounding.

At the top of the list is Paulson & Company founder John Paulson, who made a whopping $3.7 billion last year.

The New York Times reports on the hedge fund bonanza:

[Hedge fund managers'] unprecedented and growing affluence underscores the gaping inequality between the millions of Americans facing...