James Simons Net Worth

Net Worth:$22 Billion
Date of Birth: October 6, 1938 (84 years old)
Profession:Mathematician, Physicist, Businessperson
Nationality:United State Of America

What is James Harris Simons’s net worth? How does James Harris Simons make his money? Below is the current net worth of James Harris Simons and how James Harris Simons makes his money.

What is James Harris Simons’s Net Worth?

James Simons is an English mathematician, hedge fund manager, and humanitarian who has a net worth of $22 billion. As a venture capitalist, James Simons acquired his wealth. As the founder and CEO of Renaissance Technologies, he is perhaps the most well-known.

In addition, he serves as a trustee for the Brookhaven National Laboratory, the Institute for Advanced Study at Rockefeller University, and the Mathematical Research Institute in Berkeley, and he is a board member of the MIT Corporation.

1938 saw James Harris Simons’ birth in Newton, Massachusetts. He earned his bachelor’s degree from the Massachusetts Institute of Technology in 1958, and in 1961, he earned his doctorate in mathematics from the University of California, Berkeley.

Simons is a pattern recognition expert who formerly worked for the National Security Agency as a codebreaker, making him a forerunner in the field of financial signal analysis. At Long Island, New York’s Stony Brook University, he was a math instructor.

Renaissance Technologies was established by him in 1982. Managing more than $15 billion in Renaissance, a secretive hedge fund investing firm. He left his role as CEO of the business at the end of 2009.

In his role as non-executive chairman of Renaissance, he continued. Conversations with Simons are uncommon. In 2004, he began to operate Math for America. Five of his children were fathered by him and Marilyn Hawrys Simons.

The Simons Foundation and Avalon Park in Stony Brook were both created by him and his wife. In order to establish the Simons Center for Geometry and Physics, he donated $60 million and $25 million, respectively, to Stony Brook University.

Financial information: Most of Jim Simons’ wealth has come via Renaissance Technologies’ Medallion fund, from which he has amassed an estimated $9.5 billion over the years. Of the $9 billion the firm oversees, he controls roughly $1.4 billion.

Nearly 25% of the corporation, which is worth a total of about $2.8 billion, is said to be owned by Simons. Medallion, a New York-based hedge fund that he started, has generated average annual returns of nearly 40% since 1988.

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