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James Harris Simons (April 25, 1938 – May 10, 2024) was an American hedge fund manager, investor, mathematician, and philanthropist. [4] At the time of his death, Simons' net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. [ 4 ]
The hedge fund was named Medallion in honor of the math awards that Simons and Ax had won. [8] [9] Renaissance's flagship Medallion fund, which is run mostly for fund employees, [10] is famous for the best track record on Wall Street, returning more than 66 percent annualized before fees and 39 percent after fees over a 30-year span from 1988 ...
Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. Simons was 86 years old.
The billionaire investor Jim Simons is among the most successful hedge fund managers since he founded Renaissance Technologies Corporation […] 10 Best Gold Stocks To Buy Now According To ...
James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation's biggest philanthropists, has died at age 86. The ...
The hedge fund he created, which eventually became known as Renaissance Technologies, pioneered the use of mathematical modeling — also known as quantitative trading — to pick stocks and other investments. The approach was wildly successful, helping Simons and his wife build over the years an estimated net worth of more than $30 billion.
Despite COVID-19's devastating impact, one legendary stock picker might have just cracked the market code. While the broader market tumbled, investing firm Renaissance Technologies and its founder ...
Nathaniel Simons (born 1966) is an American billionaire hedge fund manager and philanthropist. [1] [2] He is the founder of Meritage Group, an investment management firm managing over $12 billion in assets, co-founder of Prelude Ventures, a clean tech investment fund, and is the former co-chair of Renaissance Technologies, one of the largest hedge funds in the world.