If it was indeed paid as "salary", the taxes are huge. No sane hedge fund manager would to this (except that there are some other direct benefits of doing this)

If it was indeed paid as "salary", the taxes are huge. No sane hedge fund manager would to this (except that there are some other direct benefits of doing this). There are many ways of avoiding paying salary (and therefore taxes). (Making money is great, I don't see anything controversial in it as long as nobody's hand is forced).