James Simons is the chairman of Renaissance Technologies, a very successful hedge fund that owns $65 billion in assets. With his wife Marilyn, he opened the Simons Foundation, which primarily supports educational causes. They have also opened two other organizations in memory of their two sons who died in 1996 and in 2003: the Paul Simons Foundation and the Nick Simons Foundation. Altogether, the Simons couple has made $1.2 billion worth of donations
James Harris Simons
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James Harris Simons | |
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Simons speaking at the Differential Geometry, Mathematical Physics, Mathematics and Society conference in 2007 in Bures-sur-Yvette.
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Born | 1938 (age 78–79) Newton, Massachusetts, U.S. |
Alma mater | Massachusetts Institute of Technology University of California, Berkeley |
Occupation | Mathematician, hedge fund manager, and philanthropist |
Known for | Founding and managing Renaissance Technologies Creating the Chern–Simons formwith Shiing-Shen Chern |
Net worth | US$18 billion (February 2017) |
Spouse(s) | Barbara Simons Marilyn Hawrys Simons[1] |
Children | 3,[1] including Nat Simons |
Parent(s) | Matthew Simons Marcia Kantor |
Awards | Oswald Veblen Prize (1976)[2] |
James Harris "Jim" Simons (born 1938) is an American mathematician, hedge fund manager, and philanthropist. He is known as a quantitative investor and in 1982 founded Renaissance Technologies, a private hedge fund based in New York City. Although Simons retired from the fund in 2009, he remains its non-executive chairman and adviser.[3]
He is also known for his studies on pattern recognition for which he developed (with Shiing-Shen Chern) the Chern–Simons form,[4] and contributed to the development of string theory by providing a theoretical framework to combine geometry and topology with quantum field theory.[5] From 1968 to 1978,[6] Simons was a mathematics professor and subsequent chair of the mathematics department at Stony Brook University.[7]
As reported by Forbes, his net worth as of June 2017 is estimated to be $18 billion, while in the previous year, it was $15.5 billion.[8]
In 2016, asteroid 6618 Jimsimons,[9] discovered by Clyde Tombaugh in 1936, was named after Simons by the International Astronomical Unionin honor of his numerous contributions to mathematics and philanthropy.
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