By Patturaja Murugaboopathy and Gaurav Dogra
(Reuters) - Technology companies led by their founders have been the standout winners in share price performance and profit growth this year, beating companies led by other managers, according to a Reuters analysis.
Major founder-led tech firms have seen their share prices double so far this year, comfortably beating a 7.8% gain for the S&P 500 index <.SPX>.
They have also outperformed rival tech firms led by hired managers, enriching investors and adding billions of dollars to the wealth of the founders themselves, including Amazon's <AMZN.O> Jeff Bezos, Netflix's <NFLX.O> Reed Hastings and Tesla's <TSLA.O> Elon Musk.
For a graphic on Top founder-led companies' earnings growth:
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