Trader Monthly's 5th Annual Top 100 Highest Earning hedge fund manager list is out....

Here's the top 10:

1) John Paulson, New York, Paulson & Co. Estimated 2007 Income: $3 billion
2) Phil Falcone, New York, Harbinger Capital Partners Estimated Income: $1.5–$2 billion
3) Jim Simons, New York, Renaissance Technologies Corp. Estimated Income: $1.5–$2 billion
4) Steve Cohen, Connecticut, SAC Capital Advisors Estimated Income: $1–$1.5 billion
5) Ken Griffin, Chicago, Citadel Investment Group Estimated Income: $1–$1.5 billion
6) Chris Hohn, London, The Children’s Investment Fund Estimated Income: $800–$900 million
7) Noam Gottesman, London, GLG Partners Estimated Income: $700–$800 million
8) Alan Howard, London, Brevan Howard Asset Management Estimated Income: $700–$800 million
9) Pierre Lagrange, London, GLG Partners Estimated Income: $700–$800 million
10) Paul Tudor Jones, Connecticut, Tudor Investment Corp. Estimated Income: $600–$700 million