James Simons, mathematician, philanthropist and hedge fund founder, has died

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 43 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

U.S. News News

Business

James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86.

FILE - Jim Simons, a businessman and founder of Math for America, poses at his New York office, Wednesday, Dec. 14, 2005. Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation's biggest philanthropists, died Friday, May 10, 2024. He was 86.

The charitable foundation that Simons co-founded with his wife, Marilyn, announced that Simons died Friday in New York. No cause of death was given.“Jim was an exceptional leader who did transformative work in mathematics and developed a world-leading investment company,” Simons Foundation President David Spergel said inon the foundation's website.

James Harris Simons was born in Newton, Massachusetts. He showed an affinity for math and numbers early on and went on to earn an undergraduate degree in mathematics from the Massachusetts Institute of Technology in 1958 and a doctorate in math from the University of California, Berkeley, in 1961. In 1976, Simons received the American Mathematical Society's Oswald Veblen Prize in Geometry for research that would prove to be influential to string theory and other areas of physics.

Business

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Simons, billionaire hedge fund founder, dies at 86Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. Simons was 86 years old.
Source: CNN - 🏆 4. / 95 Read more »

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86Jim Simons, a legendary mathematician who founded the most successful quantitative hedge fund Renaissance Technologies, passed away on Friday.
Source: CNBC - 🏆 12. / 72 Read more »

James Simons, mathematician, philanthropist and hedge fund founder, has diedJames “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86. The charitable foundation that Simons co-founded with his wife, Marilyn, announced that Simons died Friday in New York.
Source: AP - 🏆 728. / 51 Read more »

Billionaire quant investing pioneer and philanthropist James Simons dies at 86Billionaire quant investing pioneer and philanthropist James Simons dies at 86
Source: Investingcom - 🏆 450. / 53 Read more »

Jim Cramer says guidance really matters as Wall Street senses a slowdownCramer said Walt Disney, Datadog, Uber and Upstart recently reported solid quarters but saw shares sink from less-than-ideal guidance.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

ABC7 photojournalist James 'Jim' Mastri passes away after battle with pancreatic cancerIt was a tough day on Wednesday for the ABC7 Eyewitness News family as we have lost one of our own. Photojournalist Jim Mastri has passed away after a battle with pancreatic cancer.
Source: ABC7Chicago - 🏆 284. / 63 Read more »