Jim Simons
American mathematician and hedge fund manager (1938–2024)
Biography
James Harris Simons was an American hedge fund manager, investor, mathematician, and philanthropist. At the time of his death, Simons's net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. He was the founder of Renaissance Technologies, a quantitative hedge fund based in East Setauket, New York. He and his fund are known to be quantitative investors, using mathematical models and algorithms to make investment gains from market inefficiencies. Due to the long-term aggregate investment returns of Renaissance and its Medallion Fund, Simons was called the "greatest investor on Wall Street" and more specifically "the most successful hedge fund manager of all time".
Occupation
Jim Simons is recorded as a cryptographer, a philanthropist, a financier, a university teacher, a financial adviser, a mathematician, a businessperson and a scientist, born in Massachusetts (1938–2024).
Connections to Massachusetts
Jim Simons was born in Newton, Massachusetts in 1938. Explore other notable figures from Massachusetts, historic sites connected to this era, and the full colonial and statehood history of the state using the links below.
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Biographical content adapted from Wikipedia under the Creative Commons Attribution-ShareAlike 4.0 International License. Source: Wikipedia.
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