What is Jim Simons Net Worth 2024? Also know his personal life details, year-wise income, along with the shocking news about his demise on 10 May 2024.
Highlights: –
- Jim Simons, a recognized mathematician, and philanthropist, died at the age of 86 years on 10 May 2024.
- He was recognized as the wealthiest person in the world at the rank of #51.
- In 2004, he founded Math for America by providing an initial fund of $25 million from his foundation, and the fund later increased to $50 million in 2006.
Jim Simons Net Worth: –
James Harris Simons was a famous philanthropist and mathematician. He founded Renaissance Technologies and later worked there as a Manager. Jim Simons Net Worth in 2024 at the time of his death was around $31.4 billion. He has made a lot of contributions to teaching math to the world. All of his work and achievements are discussed step by step here.
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Jim Simons Net Worth Analysis: –
Simons Net worth was widely discussed over the internet in the early period as well as after his death. The complete analysis is listed down: –
Year
|
Net Worth |
2004 |
$670 million |
2007 |
$2.8 billion |
2023 |
$29.4 billion |
2024 |
$31.4 billion |
Jim Simons: Life Biography: –
Simons grew up in Brookline, Massachusetts. He was given birth by Matthew Simons and Marcia. In his immediate family, he has 6 members including his wife Marilyn Hawrys Simons, and 5 children.
Educational Background:
- Graduated from MIT (1958)
- D. from the University of California (1961)
Name: |
James Harris Simons
|
Popularly Search as: |
Richest Billionaire |
Jim Simons Net Worth |
$31.4 Billion |
Birthdate: |
Apr 25, 1938
|
Birthplace: |
Newton, MA
|
Gender: |
Male |
Nationality: |
United States of America
|
Profession: |
Mathematician, Philanthropist, Physicist, Businessperson
|
Wife |
Barbara Bluestein (1959-1974) Marilyn Hawrys
|
Children |
Five |
Jim Simons: Career Life: –
In the period 1964-1968, Simon was working as the research staff in the Institute for Defense Analysis. Till 1967, he was the code breaker at the National Security Agency(NSA). He was well-known as a pattern observer expert. Later in 1982, he founded a hedge fund company named Renaissance Technologies. His work was mainly in the fields of geometry and topology manifolds.
Jim Simons Net Worth was also calculated from his teaching contributions to various institutions like the Massachusetts Institute of Technology, Stony Brook University, and Harvard University. Till, 2010, he worked for Renaissance Technologies as a manager. Later, he worked as the nonexecutive chairman there.
Awards and Honors:
Year |
Honors |
2006 |
“The world’s smartest billionaire” by Financial Times |
2008 |
Alpha’s Hedge Fund Manager Hall of Fame |
2016 |
Honorary doctorates by York University and the University of Edinburgh |
2018 |
Honorary doctorates by Trinity College Dublin |
Real Facts for Jim Simons Net Worth and Career: –
- His expertise in pattern recognition gave him the name of “pioneer of financial signal processing”.
- In 2006, the International Association of Financial Engineers honored him as Financial Engineer of the Year.
- As per his Biography, he was always reserved and rarely wanted to give interviews.
- His Berkeley PhD thesis was founded in 1962, with the new era and proof for the Berger’s classification.
- He also worked on the theory of characteristic classes of 3-manifolds along with Shing-Shen Chern.
Jim Simons Earnings Summary: –
Jim Simons was a famous mathematician. In 2024, Jim Simons Net Worth stands at $31.4 Billion at his last breath. However, the reason is not revealed yet. In his life journey, he worked a lot in the field of mathematics. He was the hedge fund manager and also the founder of Renaissance Company. If you want to know his income sources, we suggest you visit this page.
FAQs: –
- Who is the most successful quant trader?
Jim Simons
- When did Simons die and at what age?
10 May 2024 at the age of 86 years
- What is Jim Simons Net Worth in 2024?
$31.4 Billion
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