Born in Newton, Massachusetts, Simons earned undergraduate degree in mathematics from MIT in 1958 and doctorate from UC Berkeley in 1961.
Co-founded Simons Foundation with wife Marilyn in 1994, donating billions to science, math and education causes.
Founded investment firm Renaissance Technologies in 1978 and retired as CEO in 2010. Net worth over $30 billion.
In 2023, donated $500 million to State University of New York at Stony Brook for endowment and scholarships.
James Harris Simons, renowned mathematician and billionaire investor, passed away on May 10, 2024 at the age of 86.
Received Oswald Veblen Prize in Geometry from American Mathematical Society in 1976.
Survived by wife, three children, five grandchildren and a great-grandchild.
Taught at MIT and Harvard before working as code breaker for National Security Agency. Chaired mathematics department at State University of New York at Stony Brook from 1968 to 1978.
James Harris Simons, a renowned mathematician and pioneering investor, passed away on May 10, 2024. He was 86 years old. Simons was born in Newton, Massachusetts and showed an early affinity for math and numbers. He earned an undergraduate degree in mathematics from MIT in 1958 and a doctorate from UC Berkeley in 1961.
Simons spent time teaching at MIT and Harvard before working as a code breaker for the National Security Agency. From 1968 to 1978, he was the chairman of the mathematics department at State University of New York at Stony Brook. In 1976, Simons received the Oswald Veblen Prize in Geometry from American Mathematical Society for influential research.
Simons started investment firm Renaissance Technologies in 1978 and retired as CEO in 2010. His net worth is over $30 billion. He focused on philanthropic work through the Simons Foundation, which he co-founded with his wife Marilyn in 1994, donating billions to science, math and education causes.
In 2023, Simons and his wife donated $500 million to State University of New York at Stony Brook for endowment and scholarships. Simons is survived by his wife, three children, five grandchildren, and a great-grandchild.
Jim Simons, a prizewinning mathematician, died on Friday in his home in Manhattan at the age of 86.
He opened a storefront office in a Long Island strip mall and hired like-minded mathematicians and scientists.
Medallion, the largest of these funds, earned over $100 billion in trading profits in the 30 years following its inception in 1988.
Medallion generated an average annual return of 66% during that period, surpassing the performance of famed investors like Warren Buffett and George Soros.
