Hedge fund manager Dave McCormick quit a job that earned him more than $22 million last year to run for the US Senate in Pennsylvania, according to a a report by Federal News Network.
The report cites a public financial disclosure document as the source of the information on McCormick’s earnings as CEO of the world’s largest hedge fund Bridgwater Associates.
Then report says McCormick and his wife estimated the value of their assets as between $116 million and $289 million, including a stake in Bridgewater.
