>>10763542James Harris Simons (/ˈsaJmənz/; born April 25, 1938) is an American mathematician, billionaire hedge fund manager, and philanthropist.[4] He is the founder of Renaissance Technologies, a hedge fund based in Setauket-East Setauket, New York, where he served in various leadership capacities from 1982 to 2010. He and his fund are known to be quantitative investors, using mathematical models and algorithms to make investment gains from market inefficiencies. Due to the long-term aggregate investment returns of Renaissance and its Medallion Fund, Simons has been described as one of the "greatest investors of all time".[5][6] As reported by Forbes, his net worth as of May 2020 is estimated to be US$21.6 billion, making Simons the 36th-richest person in the United States.[7]