Jim Simons

Jim Simons

Jim Simons: Founder of Renaissance Technologies

Jim Simons: Founder of Renaissance Technologies

Jim Simons, the founder of quantitative trading hedge fund Renaissance Technologies, passed away in May 2024 at the age of 86.

With a mathematics Ph.D., Simons served as a codebreaker during the Vietnam War and later chaired the math department at Stony Brook University in the 1960s and 70s.

In 1982, he founded Renaissance Technologies, which became a hedge fund giant renowned for its Medallion Fund.

Although Simons retired from Renaissance in 2010, he remained an investor in its funds.

Alongside his wife Marilyn, Simons donated approximately $6 billion to philanthropic causes over his lifetime, including being the primary funder of Math For America.

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