Jim Simons Net Worth

$29 Billion         |         Rank #48

Who is Jim Simons

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 $2.7 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. Coming from an average or middle class family, Jim Simons is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 48 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 83.0 years old. As of today, Jim Simons’s net worth is approximately 29 Billion.

Facts about Jim Simons

Net Worth: 29 Billion
Billionaire Rank: 48
Age: 83.0
Date of Birth: 25-04-38
Gender: Male
Currently Living in: East Setauket, New York, United States
Birth Place: United States
Source of Wealth: hedge funds
Job Founder at Renaissance Technologies Corp.

To find out what is Jim Simons Net Worth, how he got there and what is Jim Simons Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Jim Simons

Jim Simons was born on 25-04-38 in United States. Simons used to chair the math department at Stony Brook University and was a codebreaker for the U.S. during the Vietnam War. Being raised in the same country, Jim Simons spent most of his time in New York in the city of East Setauket.

Jim Simons net worth is estimated at 29 Billion Billion to date.

 

Jim Simons hedge funds
Jim Simons Net Worth

Professional Journey

Jim Simons is currently working as Founder at the world famous Renaissance Technologies Corp.. You will see him often in social media.  Jim Simons is the founder of Renaissance Technologies, an esteemed quantitative trading hedge fund firm that manages about $55 billion. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In his youth, he was adventurous but unknown, but that was years ago. 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 $2.7 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. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Jim Simons is the founder of Renaissance Technologies, an esteemed quantitative trading hedge fund firm that manages about $55 billion.
It is to be noted that Jim Simons is one of the selfmade billionaires in the world and stands at 48 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Jim Simons:

How much is Jim Simons worth?

Jim Simons’s net worth is estimated to be 29 Billion.

How old is Jim Simons?

Jim Simons was born on 25-04-38, and is currently 83.0 years old.

What is Jim Simons source of income?

Jim Simons acquires most part of his wealth from hedge funds.
 

Concluding Jim Simons Net Worth

Currently with a net worth of 29 Billion, Jim Simons stands at 48 in the world billionaires list. And draws most of his wealth from hedge funds. Hope you like this information about Jim Simons. If you like this, then please share it with your friends. This above post is all about the estimated worth of Jim Simons. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Jim Simons. Actual worth may vary a little. You can always get information by checking out Leaktown.com.