Jim Simons, Billionaire Philanthropist, Mathematician and Investor, Dead at 86: 'An Exceptional Leader' [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
Jim Simons, a billionaire philanthropist described as one of the most successful hedge fund managers in U.S. history, has died. He was 86. Simons died Friday, May 10, in New York City, according to a statement shared on The Simons Foundation 's website. He was “an award-winning mathematician” who many considered “a legend in quantitative investing,” the foundation said. Related: A Billionaire Tech CEO Is Throwing the Most Epic Wedding Ever in Egypt —And He Nearly Missed It! (Exclusive) His net worth was about $34.1 billion at the time of his death, according to Forbes “Jim was an exceptional leader who did transformative work in mathematics and developed a world-leading investment company,” Simons Foundation President David Spergel said in the foundation's statement. Sylvain Gaboury/Patrick McMullan via Getty Simons was a graduate of the Massachusetts Institute of Technology, where he received a bachelor's degree in mathematics in 1958, according to CNBC . By age 23, he
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