Jim Simons (2024)

About Jim Simons

  • 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 $4 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.

Wealth History

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Personal Stats

Age
85
Source of Wealth
Hedge funds, Self Made
Self-Made Score
8
Philanthropy Score
4
Residence
East Setauket, New York
Citizenship
United States
Marital Status
Married
Children
3
Education
Bachelor of Arts/Science, Massachusetts Institute of Technology; Doctorate, University of California, Berkeley

Did you know

Simons used to chair the math department at Stony Brook University and was a codebreaker for the U.S. during the Vietnam War.

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Jim Simons (2024)
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