Yahoo Finance: The Greatest Fund Ever? Why Jim Simons’ Medallion Fund Keeps Winning Without Him
- #news
- #headline
Figure timeline
Jim Simons
James Harris Simons was an American hedge fund manager, investor, mathematician, and philanthropist. At the time of his death, Simons's net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. He was 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…
Text from Wikipedia, available under CC BY-SA 4.0.
business · American mathematician and billionaire (1938–2024) · mathematician · financier · businessperson · university teacher · cryptographer · scientist · financial adviser · philanthropist · also Jim Simons, James Simons, James Harris Simons, Simons
Born 25 April 1938 · Died 10 May 2024 · Q560847
52 published statements · 0 followers
See & hear
Photos & media
3 photos
Media from Wikimedia Commons, hotlinked at the source under its own licence — see each file for author and terms.
Live now
In the news
Pulling headlines from trusted outlets — this usually takes a few seconds
Checking the wires…
Feed scan
These are live links, not archived citations — they only join the timeline once a collect run verifies and archives them.
Live pulse
Recent highlights
Most recent outstanding titles, awards, and quotes
- Quote
Generally speaking, I favor increased levels of support for mathematics and physical and life science. Aside from the inevitable positive impact on the world’s economy, the advancement of knowledge lifts humanity’s spirits, opening our eyes to the wonders of the universe.
- Quote
When you're really thinking hard about mathematics, you're in your own world. And you're cushioned from other things.
68%Wikiquote (en)Source
2026· 1 entry
2024· 7 entries
Bloomberg L.P.: Fallece a los 86 años Jim Simons, pionero de la inversión cuantitativa
- #news
- #headline
Investopedia: Legendary Investor and 'Quant King' Jim Simons Dies at 86
- #news
- #headline
Crain's New York: Jim Simons, code breaker who mastered investing, dies at 86
- #news
- #headline
Died 2024-05-10.
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikidata
- #death
Benzinga.com: Jim Simons, A Math Professor, Became One Of The Most Successful Investors Of All Time — Now He Shares His Formula For Making Billions
- #news
- #headline
“Generally speaking, I favor increased levels of support for mathematics and physical and life science. Aside from the inevitable positive impact on the world’s economy, the advancement of knowledge lifts humanity’s spirits, opening our eyes to the wonders of the universe.”
- #wikiquote
- #saying
- #undated
- #lang:en
“When you're really thinking hard about mathematics, you're in your own world. And you're cushioned from other things.”
- #wikiquote
- #saying
- #undated
- #lang:en
2023· 3 entries
The Simons Foundation gave $500 million to Stony Brook University, the second-largest donation to a public university in U
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Making him the 25th-richest person on the Forbes 400 list
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
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
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2020· 2 entries
Was estimated to have personally earned $2
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
The foundation made separate grants to Berkeley totaling over $46 million to increase the institute's endowment and support its operations
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2018· 3 entries
Published “The Immune Landscape of Cancer” in Immunity — cited 4,795 times.
- #crossref
- #research
- #work
Reported net worth: $20.9B (as of 2018).
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikidata
- #net-worth
Was ranked 23rd by Forbes, and in October 2019, his net worth was estimated at $21
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2017· 1 entry
Published “Worldwide trends in body-mass index, underweight, overweight, and obesity from 1975 to 2016: a pooled analysis of 2416 population-based measurement studies in 128·9 million children, adolescents, and adults” in The Lancet — cited 5,591 times.
- #crossref
- #research
- #work
2016· 3 entries
The Simons Foundation established the Flatiron Institute to house five groups of computational scientists (each with 60 or more PhD level researchers)
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
The International Astronomical Union named asteroid 6618 Jimsimons, which Clyde Tombaugh discovered in 1936, after Simons in honor of his contributions to mathematics and philanthropy
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Was named in their honor, and endowed the Simons Center for the Social Brain
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2015· 1 entry
The New York Times reported that Simons was involved in one of the biggest tax battles of the year, with Renaissance Technologies "under review by the IRS over a loophole that saved their fund an estimated $6
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2014· 2 entries
Simons was subject to bipartisan condemnation by the U
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Simons reportedly earned $1
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2012· 1 entry
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
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2011· 3 entries
Institutional Investor: Jim Simons Reaping Reward For Patience On RIEF
- #news
- #headline
Was included in the 50 Most Influential ranking of Bloomberg Markets Magazine
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
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 ce
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2009· 1 entry
Simons announced he would retire on January 1, 2010, but remain at Renaissance as nonexecutive chairman
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2008· 3 entries
Governor 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
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Was inducted into Institutional Investor Alpha's Hedge Fund Manager Hall of Fame
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Despite hefty fees; the Renaissance Institutional Equities Fund (RIEF), owned by outsiders, lost money in both 2008 and 2009; RIEF declined 16% in 2008
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2007· 1 entry
Won Giuseppe Motta Medal (2007).
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikidata
- #trophy
- #achievement
2006· 2 entries
Simons was named Financial Engineer of the Year by the International Association of Financial Engineers
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
The Simonses 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
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2005· 2 entries
Published “Genome sequencing in microfabricated high-density picolitre reactors” in Nature — cited 6,094 times.
- #crossref
- #research
- #work
(the largest compensation among hedge fund managers that year), and $670 million in 2004
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2004· 2 entries
Simons founded Math for America with an initial pledge of $25 million from the Simons Foundation, a pledge he doubled in 2006
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Simons founded Math for America, a nonprofit organization with a mission to improve mathematics education in U
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2003· 2 entries
As a scientific initiative within the Simons Foundation's suite of programs
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
His son Nicholas, aged 24, drowned on a trip to Bali, Indonesia
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
2000· 1 entry
Published “Lipid rafts and signal transduction” in Nature Reviews Molecular Cell Biology — cited 5,215 times.
- #crossref
- #research
- #work
1997· 1 entry
Published “Functional rafts in cell membranes” in Nature — cited 8,367 times.
- #crossref
- #research
- #work
1996· 1 entry
His son Paul, aged 34, was killed in a car accident while riding his bicycle in Long Island
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
1994· 2 entries
And his wife, Marilyn Hawrys Simons, co-founded the Simons Foundation, a charitable organization that supports projects related to education, health, and scientific research
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Simons and his wife, Marilyn, founded the Simons Foundation to support research in mathematics and fundamental sciences
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
1976· 1 entry
Awarded Oswald Veblen Prize in Geometry (1976).
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikidata
- #award
- #achievement
1973· 1 entry
IBM asked Simons to attack the block cipher Lucifer, an early but direct precursor to the Data Encryption Standard (DES)
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
1964· 1 entry
Simons worked with the National Security Agency to break codes
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
1958· 2 entries
Which he completed in three years and a PhD in mathematics from the University of California, Berkeley under the supervision of Bertram Kostant in 1961, at age 23
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Studied at Massachusetts Institute of Technology, Bachelor of Science (1958).
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikidata
- #education
1938· 2 entries
To an American Jewish family, the only child of Marcia (née Kantor) and Matthew Simons, and raised in Brookline, Massachusetts
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikipedia
- #event
Born 1938-04-25.
Text from Wikipedia, available under CC BY-SA 4.0.
- #wikidata
- #birth