A little-known hedge-fund manager's huge bet on inflation earned him $859 million and propelled him into the top 10 list

• The manager of a little-known hedge fund was the 6th highest paid manager last year, per Bloomberg.
• Said Haidar made a huge leveraged bet on interest rates rising last year, and took home $859 million.
• Citadel's Ken Griffin was the highest-paid manager, earning $4.1 billion, per Bloomberg.   

The manager of a little-known hedge fund took home $859 million last year, after a huge bet on inflation paid off and catapulted him into Bloomberg's top 10 earners list.

Haidar Capital Management delivered a 193% return last year to investors after its founder Said Haidar took a punt that US interest rates would rise by at least 400 basis points, Bloomberg reported, based on its own analysis.