Jim Simons

$31.43B

as of 05/10/24

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 $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.

Personal stats

Citizenship

United States of America

Source of wealth

Hedge funds

Birth date

04/25/38

Number of children

Education

Bachelor of Arts/Science, Massachusetts Institute of Technology; Doctorate, University of California, Berkeley

Self-made

self-made

Jim Simons’s fortune is worth

524K

troy ounces of gold

484K

median U.S. household

314K

median U.S. income

0.629%

U.S. credit card volume

0.126%

GDP of the United States

0.092%

United States debt

Net worth history

Annual ranking

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.