$31.4B

US
· Age 87
·
Deceased
Source of wealth: Hedge funds
Industry: finance-investments
Organization: Renaissance Technologies Corp., Founder
{
"bio": [
"Jim Simons is the founder of Renaissance Technologies, an esteemed quantitative trading hedge fund firm that manages about $50 billion.",
"He founded Renaissance Technologies in 1982 and retired in 2010, but he still plays a role at Renaissance and benefits from its funds.",
"Renaissance Technologies is famous for its Medallion Fund, a $10 billion black-box strategy that is only open to Renaissance's owners and employees.",
"Simons has given $6 billion to philanthropic causes. His foundation is the primary funder of Math For America. He also supports autism research.",
"In September 2021, Renaissance executives agreed to pay $7 billion to the IRS to settle a tax dispute over trades made by the Medallion Fund."
],
"about": [
"Simons used to chair the math department at Stony Brook University and was a codebreaker for the U.S. during the Vietnam War."
]
}