James Simons
Born (1938-04-25) April 25, 1938
Newton, Massachusetts, U.S.
EducationMassachusetts Institute of Technology (BS)
University of California, Berkeley (MS, PhD)
Occupation(s)Hedge fund manager, investor, mathematician, philanthropist, financial analyst
Known forFounding and managing Renaissance Technologies
Simons formula
Chern–Simons form
Spouses
​
​
(m. 1959; div. 1974)​
  • Marilyn Hawrys[1]
Children5, including Nat[1]
AwardsOswald Veblen Prize (1976)[2]
Scientific career
FieldsCryptography, investing, quantitative analysis
ThesisOn the Transitivity of Holonomy Systems (1962)
Doctoral advisorBertram Kostant
Doctoral studentsJeff Cheeger

James Harris Simons (born 25 April 1938) is an American hedge fund manager, investor, mathematician, and philanthropist.[3] He is 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 is described as the "greatest investor on Wall Street", and more specifically "the most successful hedge fund manager of all time".[4][5][6]

As reported by Bloomberg Billionaires Index in 2023, Simons's net worth is estimated to be $29.4 billion, making him the 52nd-richest person in the world.[7]

Simons is known for his studies on pattern recognition.[8] He developed the Chern–Simons form (with Shiing-Shen Chern), and contributed to the development of string theory by providing a theoretical framework to combine geometry and topology with quantum field theory.[9]

In 1994, Simons and his wife, Marilyn, founded the Simons Foundation to support research in mathematics and fundamental sciences. The foundation is the top benefactor of Stony Brook University, Marilyn's alma mater, and is a major contributor to his alma maters, the Massachusetts Institute of Technology and the University of California, Berkeley. Simons is a member of the boards of the Stony Brook Foundation, the MIT Corporation, and the Simons Laufer Mathematical Sciences Institute in Berkeley as well as chair of boards of Math for America, the Simons Foundation, and Renaissance Technologies.[10][11]

In 2016, asteroid 6618 Jimsimons, discovered by Clyde Tombaugh in 1936, was named after Simons by the International Astronomical Union in honor of his contributions to mathematics and philanthropy.[12]

Early life and education

James Harris Simons was born on April 25, 1938[13] to an American Jewish family,[14] the only child of Marcia (née Kantor)[15] and Matthew Simons, and raised in Brookline, Massachusetts.[16]

He received a bachelor's degree in mathematics from MIT in 1958[17] and a PhD in mathematics from Berkeley under the supervision of Bertram Kostant in 1961 at the age of 23.[17] After graduating from MIT, Simons traveled from Boston to Bogotá, Colombia on a motor scooter.[18]

Academic and scientific career

Simons' mathematical work has primarily focused on the geometry and topology of manifolds. His 1962 Berkeley PhD thesis, written under the direction of Bertram Kostant, gave a new proof of Berger's classification of the holonomy groups of Riemannian manifolds. He subsequently began to work with Shing-Shen Chern on the theory of characteristic classes, eventually discovering the Chern–Simons secondary characteristic classes of 3-manifolds. Later, mathematical physicist Albert Schwarz discovered early topological quantum field theory, which is an application of the Chern–Simons form. It is also related to the Yang-Mills functional on 4-manifolds, and has had an effect on modern physics. These and other contributions to geometry and topology led to Simons becoming the 1976 recipient of the AMS Oswald Veblen Prize in Geometry.[19] In 2014, he was elected to the U.S. National Academy of Sciences.[20]

In 1964, Simons worked with the National Security Agency to break codes.[21] Between 1964 and 1968, he was on the research staff of the Communications Research Division of the Institute for Defense Analysis (CRD of IDA) and taught mathematics at the Massachusetts Institute of Technology and Harvard University. After being forced to leave the IDA due to his public opposition to the Vietnam War, he joined the faculty at Stony Brook University.[18] From 1968 to 1978, he served as chair of the math department at Stony Brook University.[22] Simons was asked by IBM in 1973 to attack the block cipher Lucifer, an early but direct precursor to the Data Encryption Standard (DES).[23] Simons founded Math for America, a nonprofit organization, in January 2004 with a mission to improve mathematics education in United States public schools by recruiting more highly qualified teachers.[24]

Investment career

Renaissance Technologies

External videos
video icon A Rare Interview with the Mathematician Who Cracked Wall Street, 23:03, TED Talks[25]
video icon The Carnegie Medal of Philanthropy Ceremony – 17th October 2013, 1:31:40 (Simons section at 52:00–1:05:30), Scottish Parliament[26]

For more than two decades, Simons' Renaissance Technologies' hedge funds, which trade in markets around the world, have employed mathematical models to analyze and execute trades, many automated. Renaissance uses computer-based models to predict price changes in financial instruments. These models are based on analyzing as much data as can be gathered, then looking for non-random movements to make predictions.

Medallion, the main fund which is closed to outside investors, has earned over $100 billion in trading profits since its inception in 1988. This translates to a 66.1% average gross annual return or a 39.1% average net annual return between 1988 – 2018.[27] Renaissance Technologies manages three other funds – Renaissance Institutional Equities Fund (RIEF), Renaissance Institutional Diversified Alpha (RIDA) and Renaissance Institutional Diversified Global Equity Fund – which, as of April 2019, totalled approximately $55 billion in combined assets and were open to outside investors.[27]

Renaissance employs specialists with non-financial backgrounds, including mathematicians, physicists, signal processing experts and statisticians. The firm's latest fund is the Renaissance Institutional Equities Fund (RIEF).[28] RIEF has historically trailed the firm's better-known Medallion fund, a separate fund that contains only the personal money of the firm's executives.[29]

"It's startling to see such a highly successful mathematician achieve success in another field," says Edward Witten, professor of physics at the Institute for Advanced Study in Princeton, New Jersey and considered by many of his peers to be the most accomplished theoretical physicist alive.[29]

In 2006, Simons was named Financial Engineer of the Year by the International Association of Financial Engineers. In 2020, he was estimated to have personally earned $2.6 billion,[30] $2.8 billion in 2007,[31] $1.7 billion in 2006,[32] $1.5 billion in 2005[33] (the largest compensation among hedge fund managers that year),[34] and $670 million in 2004. On October 10, 2009, Simons announced he would retire on January 1, 2010, but remain at Renaissance as nonexecutive chairman.[35]

Wealth and personal life

In 2014, Simons reportedly earned US$1.2 billion, including a share of his firm's management and performance fees, cash compensation and stock and option awards.[36] According to Forbes magazine, Simons had a net worth of $30 billion in 2023, making him the 25th richest person on the Forbes 400 list.[37] In 2018, he was ranked 23rd by Forbes,[38] and in October 2019, his net worth was estimated to be $21.6 billion.[39] In March 2019, he was named one of the highest-earning hedge fund managers and traders by Forbes.[40]

Simons shuns the limelight and rarely gives interviews, citing Benjamin the Donkey in Animal Farm for explanation: "'God gave me a tail to keep off the flies. But I'd rather have had no tail and no flies.' That's kind of the way I feel about publicity."[27][41]

In 1996, his son Paul, aged 34, was riding a bicycle, when he was killed by a car on Long Island.[21] In 2003, his son Nicholas, aged 24, drowned on a trip to Bali, Indonesia. His son Nat Simons is an investor and philanthropist and his daughter Liz Simons is an educator and philanthropist.[42][43]

Simons owns a motor yacht, named Archimedes. It was built at the Dutch yacht builder Royal Van Lent and delivered to Simons in 2008.[44][43]

Simons doesn't wear socks.[45][46][47]

Political and economic views

Simons is a major contributor to Democratic Party political action committees. According to OpenSecrets, Simons was ranked the #5 donor to federal candidates in the 2016 election cycle, coming behind Renaissance Technologies' co-CEO Robert Mercer, who ranked #1 and generally donates to Republicans.[48] Simons has donated $7 million to Hillary Clinton's Priorities USA Action,[49] $2.6 million to the House and Senate Majority PACs, and $500,000 to EMILY's List.[48] He also donated $25,000 to Republican senator Lindsey Graham's super PAC.[48] Since 2006 Simons has contributed about $30.6 million to federal campaigns.[48] Since 1990, Renaissance Technologies has contributed $59,081,152 to federal campaigns and since 2001, and has spent $3,730,000 on lobbying as of 2016.[50]

In August 2020, Simons donated $1.5 million to the Senate Majority PAC, a Democratic super-PAC.[51]

Controversies

According to The Wall Street Journal in May 2009, Simons was questioned by investors on the dramatic performance gap of Renaissance Technologies' portfolios. The Medallion Fund, which has been available exclusively to current and past employees and their families, surged 80% in 2008 in spite of hefty fees; the Renaissance Institutional Equities Fund (RIEF), owned by outsiders, lost money in both 2008 and 2009; RIEF declined 16% in 2008.[52]

On July 22, 2014, Simons was subject to bipartisan condemnation by the U.S. Senate Permanent Subcommittee on Investigations for the use of complex basket options to shield day-to-day trading (usually subject to higher ordinary income tax rates) as long-term capital gains. "Renaissance Technologies was able to avoid paying more than $6 billion in taxes by disguising its day-to-day stock trades as long term investments," said Sen. John McCain (R., Ariz.), the committee's ranking Republican, in his opening statement.[53]

An article published in The New York Times in 2015 said that Simons was involved in one of the biggest tax battles of the year, with Renaissance Technologies being "under review by the IRS over a loophole that saved their fund an estimated $6.8 billion in taxes over roughly a decade."[54] In September 2021, it was announced that Simons and his colleagues would pay billions of dollars in back taxes, interest and penalties to resolve the dispute, one of the biggest in IRS history.[55][56]

Philanthropy

In total, Simons has given over $4 billion to philanthropic causes.[57] Simons and his wife, Marilyn Hawrys Simons, co-founded the Simons Foundation in 1994, a charitable organization that supports projects related to education and health, in addition to scientific research.[1] The Simons Foundation established the Simons Foundation Autism Research Initiative (SFARI) in 2003 as a scientific initiative within the Simons Foundation's suite of programs. SFARI's mission is to improve the understanding, diagnosis and treatment of autism spectrum disorders.[58]

In 2004, Simons founded Math for America with an initial pledge of $25 million from the Simons Foundation, a pledge he later doubled in 2006.[59] The foundation continues to fund its operations, contributing nearly $22 million in 2018.[60]

Simons is among the largest contributors to his undergraduate alma mater, MIT. The couple and their foundation have funded the renovation of the building housing the mathematics department, which in 2016 was named in their honor, and endowed the Simons Center for the Social Brain. Simons is a life member emeritus of the MIT Corporation.[61]

Simons is a major benefactor of his graduate alma mater, Berkeley. On July 1, 2012, the Simons Foundation pledged $60 million to Berkeley to establish the Simons Institute for the Theory of Computing, the world's leading institute for collaborative research in theoretical computer science.[62][63] In 2020, the foundation made separate grants to Berkeley totaling over $46 million to increase the institute's endowment and support its operations. In October of 2023, the university announced that Simons' foundation awarded the institute an additional $25 million as a matching pledge.[64][65][66] Simons and his wife also have made major grants to Berkeley affiliates, notably to the Simons Laufer Mathematical Sciences Institute and Berkeley Lab.[67][68][69]

The Simons Foundation established the Flatiron Institute in 2016, to house 5 groups of computational scientists (each with 60 or more PhD level researchers). The institute consists of four cores or departments: CCB (Center for Computational Biology), CCA (Center for Computational Astrophysics), CCQ (Center for Computational Quantum mechanics), CCM (Center for Computational Mathematics), and CCN (Center for Computational Neuroscience). The new institute is located in Manhattan and represents a major investment in basic computational science.

In memory of his son Paul, whom he had with his first wife, Barbara Simons, he established Avalon Park, a 130-acre (0.53 km2) nature preserve in Stony Brook. In 1996, 34-year-old Paul was killed by a car driver while riding a bicycle near the Simons home.

Another son, Nick Simons, drowned at age 24 while on a trip to Bali in Indonesia in 2003. Nick had worked in Nepal. The Simons have become large donors to Nepalese healthcare through the Nick Simons Institute.[70][71]

In 2006, Simons and his wife, Marilyn, donated $25 million to Stony Brook University through the Stony Brook Foundation, the largest donation ever to a State University of New York school at the time.[72] On February 27, 2008, then Gov. Eliot Spitzer announced a $60 million donation by the Simons Foundation to found the Simons Center for Geometry and Physics at Stony Brook, the largest gift to a public university in New York state history.[73] In 2011, the couple broke that record again with a $150 million donation to Stony Brook, which went to research in medical sciences, the construction of a life sciences building, the creation of a neurosciences institute and a center for biological imaging, the study of cancer and infectious diseases, 35 new endowed professorships and 40 fellowships for graduate students. In order to secure the donation, Stony Brook was allowed to raise its annual tuition in opposition to traditional New York state policy.[74] In 2023, the university announced that it had received a $500 million endowment gift from the Simons Foundation, the second-largest gift ever to a public university.[75][76]

Legacy and awards

In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame.[77]

He was named by the Financial Times in 2006 as "the world's smartest billionaire".[78] He was elected to the American Philosophical Society in 2007.[79] In 2011, he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.[80]

A book about Simons and his investing methods, The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution by Gregory Zuckerman was released November 5, 2019.[47] In 2018, Trinity College Dublin awarded him with an honorary doctorate.[81]

Publications and works

See also

References

  1. 1 2 3 Teitelbaum, Richard (January 2008). "The Code Breaker". Bloomberg Markets Magazine. Bloomberg LP. Archived from the original on February 6, 2009. Retrieved January 7, 2010.
  2. ↑ Broad, William J. (July 7, 2014). "A Billionaire Mathematician's Life of Ferocious Curiosity". The New York Times. Archived from the original on November 5, 2015. Retrieved November 11, 2017.
  3. ↑ "Jim Simons". Forbes. Archived from the original on November 15, 2018. Retrieved November 14, 2018.
  4. ↑ "Bitter Lawsuits. Epic Meltdowns. Vicious Arguments. Jim Simons' Renaissance Made Him Billions – But It Came at a Price". Institutional Investor. November 6, 2019.
  5. ↑ Stevens, Pippa (November 5, 2019). "The secret behind the greatest modern day moneymaker on Wall Street: Remove all emotion". CNBC. Archived from the original on April 25, 2020. Retrieved May 11, 2020.
  6. ↑ Zuckerman, Gregory (November 2, 2019). "The Making of the World's Greatest Investor". The Wall Street Journal. Eastern Edition. No. Hedge Funds. United States. Dow Jones & Company Inc. ISSN 0099-9660. Archived from the original on November 6, 2019. Retrieved November 7, 2019.
  7. ↑ "Bloomberg Billionaires Index: James Simons". Bloomberg L.P. June 25, 2021.
  8. ↑ Whipple, Tom (February 5, 2021). "Meet Milo Beckman, the whizz-kid making maths supercool". The Times. Archived from the original on August 1, 2022. Retrieved August 1, 2022.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  9. ↑ "More Money than God". Amazon. Archived from the original on March 5, 2016. Retrieved September 1, 2017.
  10. ↑ MSRI. "Mathematical Sciences Research Institute". msri.org. Archived from the original on September 27, 2010. Retrieved August 16, 2019.
  11. ↑ "About". Simons Foundation. Archived from the original on April 6, 2019. Retrieved August 16, 2019.
  12. ↑ IAU Minor Planet Center. Archived October 8, 2016, at the Wayback Machine.
  13. ↑ "RENAISSANCE INSTITUTIONAL MANAGEMENT (UK) LIMITED". Companies House. Archived from the original on October 27, 2020. Retrieved November 26, 2017.
  14. ↑ "The Jewish Billionaires of Forbes". jspace.com. March 14, 2012. Archived from the original on March 28, 2012. Retrieved September 7, 2013.
  15. ↑ Boston Globe: "Marcia (Kantor) Simons Obituary". Archived August 13, 2014, at the Wayback Machine. Retrieved March 31, 2013.
  16. ↑ Bloomberg: "Simons at Renaissance Cracks Code, Doubling Assets (Update1)" By Richard Teitelbaum. Archived April 16, 2012, at the Wayback Machine. November 27, 2007.
  17. 1 2 "James Simons". Mathematics Genealogy Project. AMS. Archived from the original on July 24, 2014. Retrieved August 8, 2014.
  18. 1 2 Schaffer, Amanda (October 18, 2016). "The Polymath Philanthropist". MIT Technology Review. Retrieved November 22, 2021.
  19. ↑ "Browse Prizes and Awards". American Mathematical Society. Archived from the original on June 5, 2020. Retrieved May 10, 2020.
  20. ↑ "James H. Simons Elected to the National Academy of Sciences – Stony Brook University Newsroom". stonybrook.edu. April 30, 2014. Archived from the original on June 8, 2015. Retrieved April 26, 2015.
  21. 1 2 Broad, William (July 7, 2014). "Seeker, Doer, Giver, Ponderer: A Billionaire Mathematician's Life of Ferocious Curiosity". New York Times. Archived from the original on May 19, 2017. Retrieved February 22, 2017.
  22. ↑ "Simons Foundation Chair Jim Simons on His Career in Mathematics | Simons Foundation". www.simonsfoundation.org. September 27, 2012. Archived from the original on May 18, 2017. Retrieved May 11, 2017.
  23. ↑ Levy, Steven (2001). Crypto: secrecy and privacy in the new code war. Penguin. pp. 356. ISBN 0-14-024432-8.
  24. ↑ Teitelbaum, Richard (November 27, 2007). "Simons at Renaissance Cracks Code, Doubling Assets". Bloomberg News. Archived from the original on October 20, 2012.
  25. ↑ "A Rare Interview with the Mathematician Who Cracked Wall Street". TED (conference). March 2015. Archived from the original on September 27, 2015. Retrieved September 26, 2015.
  26. ↑ "Carnegie Medals of Philanthropy presented at the Scottish Parliament". The Scottish Parliament. October 2013. Archived from the original on September 27, 2015. Retrieved September 26, 2015.
  27. 1 2 3 Zuckerman, Gregory (2019). The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution. Penguin. pp. Appendix| pgs. 331–332. ISBN 9780735217980.
  28. ↑ Baker, Nathaniel (June 24, 2005). "Renaissance Readies Long-Biased Strat". Institutional Investor.
  29. 1 2 Zuckerman, Gregory (July 1, 2005). "Renaissance's Man: James Simons Does The Math on Fund". The Wall Street Journal. pp. C1. Archived from the original on August 19, 2015. Retrieved August 6, 2015.
  30. ↑ Taub, Stephen (February 22, 2021). "The 20th Annual Rich List, the Definitive Ranking of What Hedge Fund Managers Earned in 2020". Institutional Investor. Retrieved March 4, 2021.
  31. ↑ Andersen, Jenny (April 16, 2008). "Wall Street Winners Get Billion-Dollar Paydays". The New York Times. Archived from the original on November 12, 2017. Retrieved January 7, 2010.
  32. ↑ Anderson, Jenny; Creswell, Julie (April 24, 2007). "Make Less Than $240 Million? You're Off Top Hedge Fund List". The New York Times. Archived from the original on May 22, 2017. Retrieved February 22, 2017.
  33. ↑ Shell, Adam (May 26, 2006). "$363M is average pay for top hedge fund managers". USA Today. Archived from the original on March 1, 2012. Retrieved August 15, 2006.
  34. ↑ "Top hedge fund manager had take-home pay of $1.5 billion in 2005 on 5% fee and 44% of gains". Finfacts.com. May 26, 2006. Archived from the original on March 24, 2012. Retrieved November 7, 2006.
  35. ↑ "Renaissance Founder Simons, Computer Trading Pioneer, to Retire". Bloomberg. October 9, 2009. Archived from the original on March 21, 2010.
  36. ↑ H. Kent Baker; Filbeck, Greg (July 26, 2017). Hedge Funds: Structure, Strategies, and Performance. Oxford University Press. pp. 52–. ISBN 978-0-19-060739-5. Archived from the original on March 7, 2019. Retrieved September 22, 2018.
  37. ↑ "James Simons". Forbes. Archived from the original on August 31, 2019. Retrieved February 19, 2017.
  38. ↑ "Forbes 400 2018". Forbes. Archived from the original on October 7, 2019. Retrieved April 3, 2019.
  39. ↑ Forbes: "The World's Billionaires: Jim Simons" Archived November 15, 2018, at the Wayback Machine October 2019
  40. ↑ Vardi, Nathan. "The Highest-Earning Hedge Fund Managers And Traders". Forbes. Archived from the original on March 30, 2019. Retrieved March 30, 2019.
  41. ↑ "Seed Interview: James Simons". Seed. September 19, 2006. Archived from the original on August 1, 2013. Retrieved July 23, 2013.{{cite web}}: CS1 maint: unfit URL (link)
  42. ↑ "The Quiet Hedge Fund Heir Who's Engaged in Massive Climate Giving". Inside Philanthropy. Archived from the original on November 20, 2017. Retrieved November 11, 2017.
  43. 1 2 "Liz Simons". hsfoundation.org.
  44. ↑ "Superyacht Archimedes". SuperYachtFan. Archived from the original on March 14, 2014. Retrieved April 2, 2014.
  45. ↑ "Jim Simons Goes Sockless Like Einstein to Back Princeton Haven". Bloomberg.com. March 18, 2019. Retrieved July 11, 2022.
  46. ↑ "How Jim Simons Scored on His Math SAT". Institutional Investor. March 16, 2019. Retrieved July 11, 2022.
  47. 1 2 "The Man Who Solved the Market — how Jim Simons built a moneymaking machine". Financial Times. November 1, 2019. Retrieved July 11, 2022.
  48. 1 2 3 4 Bowers, John (June 7, 2016). "A hedge fund house divided: Renaissance Technologies". OpenSecrets Blog. OpenSecrets. Archived from the original on June 9, 2016. Retrieved June 9, 2016.
  49. ↑ Who are the Super PACs' Biggest Donors? Archived November 21, 2013, at the Wayback Machine By Al Shaw, ProPublica. Updated December 7, 2012
  50. ↑ "Organizations: Renaissance Technologies". OpenSecrets. Archived from the original on December 3, 2016. Retrieved June 9, 2016.
  51. ↑ Allison, Bill (August 21, 2020). "Senate Leadership Fund Gets $10 Million Boost From Schwarzman". Bloomberg. Archived from the original on August 22, 2020. Retrieved August 21, 2020.
  52. ↑ Pulliam, Susan; Strasburg, Jenny (May 15, 2009). "Simons Questioned by Investors: Disparity Is Seen in Running of Two Renaissance Funds". The Wall Street Journal. Archived from the original on November 26, 2015. Retrieved December 29, 2015.
  53. ↑ "Hearings | Homeland Security & Governmental Affairs Committee". HSGAC.Senate.gov. Archived from the original on July 24, 2014. Retrieved July 24, 2014.
  54. ↑ Scheiber, Noam; Cohendec, Patricia (December 29, 2015). "For the Wealthiest, a Private Tax System That Saves Them Billions". The New York Times. Archived from the original on December 29, 2015. Retrieved December 29, 2015.
  55. ↑ "Jim Simons, RenTech Insiders to Pay Billions in Back Taxes". Bloomberg.com. September 2, 2021. Retrieved September 14, 2021.
  56. ↑ "Jim Simons and RenTech execs to pay up to $7bn to settle tax dispute". citywireusa.com. Retrieved September 14, 2021.
  57. ↑ "Jim Simons". Forbes. Retrieved October 19, 2023.
  58. ↑ "About SFARI". SFARI.org. SFARI. Archived from the original on December 20, 2016. Retrieved December 18, 2016.
  59. ↑ Roekbe, Joshua (September 19, 2006). "Putting his money where his math is". Seed. Archived from the original on February 17, 2009. Retrieved March 4, 2015.{{cite news}}: CS1 maint: unfit URL (link)
  60. ↑ "Math for America". simonsfoundation.org. October 29, 2013.
  61. ↑ "MIT names historic Building 2, home of mathematics, in honor of James '58 and Marilyn Simons". MIT News. Massachusetts Institute of Technology. March 30, 2016. Archived from the original on June 30, 2016. Retrieved June 24, 2016.
  62. ↑ Markoff, John (April 30, 2012). "California Chosen as Home for Computing Institute". New York Times. Archived from the original on September 14, 2018. Retrieved April 21, 2018.
  63. ↑ "Top Five UC Berkeley Contributors". bizjournals.com/sanfrancisco.
  64. ↑ "Simons Foundation Announces New $35.5 Million Grant to the Simons Institute for the Theory of Computing". Simons Institute. August 10, 2020. Retrieved July 29, 2021.
  65. ↑ "Largest Contributions to UC Berkeley". bizjournals.com/sanfrancisco.
  66. ↑ "Simons Institute for the Theory of Computing Announces $25 Million Matching Pledge by Simons Foundation International". simons.berkeley.edu. Simons Institute. October 18, 2023. Archived from the original on October 19, 2023. Retrieved October 19, 2023.
  67. ↑ "Berkeley – $10 million donated to math institute". San Francisco Chronicle. May 6, 2007. Archived from the original on April 22, 2018. Retrieved April 21, 2018.
  68. ↑ Scientific American. "Hunt for Big Bang Gravitational Waves Gets $40-Million Boost". scientificamerican.com. Archived from the original on April 22, 2018. Retrieved March 5, 2017.
  69. ↑ "Mathematical Sciences Research Institute Receives $70M Gift; Largest Unrestricted Endowed Gift to a U.S.-Based Mathematics Institute". Business Wire (Press release). May 19, 2022.
  70. ↑ "Nepalnews Mercantile Communications Pvt. Ltd". nepalnews.com. Retrieved November 11, 2017.
  71. ↑ NSI Nick Simons Institute. "NICK: NSI Nick Simons Institute". nsi.edu.np. Archived from the original on November 11, 2017. Retrieved November 11, 2017.
  72. ↑ "Stony Brook Announces $25 Million Gift From Renowned Former Math Chair Jim Simons". stonybrook.edu. Archived from the original on April 26, 2007.
  73. ↑ Arenson, Karen W. (February 27, 2008). "$60 Million Gift for Stony Brook". The New York Times. Archived from the original on July 14, 2014. Retrieved May 5, 2010.
  74. ↑ Pérez-Peña, Richard (December 13, 2011). "Stony Brook University to Get $150 Million Gift". The New York Times. ISSN 0362-4331. Retrieved October 15, 2021.
  75. ↑ Stack, Liam (June 1, 2023). "Stony Brook University to Receive $500 Million, an Uncommonly Large Gift". The New York Times. Retrieved June 2, 2023.
  76. ↑ Saul, Derek (June 1, 2023). "Billionaire Jim Simons Makes Second-Largest Donation To Public College Ever". Forbes.
  77. ↑ "Cohen, Simons, 12 Others Enter Hedge Fund Hall". Institutional Investor. Institutional Investor LLC. September 23, 2008. Archived from the original on June 16, 2019. Retrieved June 16, 2019.
  78. ↑ "Alternative Rich List". FT.com. September 22, 2006. Archived from the original on April 23, 2008. Retrieved November 8, 2007.
  79. ↑ "APS Member History". search.amphilsoc.org. Retrieved May 17, 2021.
  80. ↑ "Bloomberg Markets Most Influential 50". Bloomberg.com. September 8, 2011. Archived from the original on June 11, 2016. Retrieved May 11, 2020.
  81. ↑ "Registrar : Trinity College Dublin, the University of Dublin, Ireland". www.tcd.ie. Archived from the original on October 30, 2019. Retrieved January 6, 2020.

Further reading

  • D. T. Max, "The Numbers King: Algorithms made Jim Simons a Wall Street billionaire. His new research center helps scientists mine data for the common good", The New Yorker, 18 & 25 December 2017, pp. 72–76, 78–83.
  • Baker, Nathaniel (June 24, 2005). "Renaissance Readies Long-Biased Strat". Institutional Investor.
  • Zuckerman, Gregory. The Man Who Solved the Market: How Jim Simon's Launched the Quant Revolution. Portfolio, 2019.
Wikiquote has quotations related to Jim Simons (mathematician).
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.