Native of Brookline, Massachusetts, Simons was born in 1938. He graduated with a Bachelor's degree in Mathematics from Massachusetts Institute of Technology (MIT) before completing his Ph.D at the University of California, Berkeley. After graduation, Simons taught mathematics at MIT and Harvard University. In 1961, he and a few classmates from MIT invested in a Colombian floor tile and pipe company. In 1964, during the Vietnam War, he became a Code Breaker for the U.S. Department of Defense. In 1968, joined Stony ...Contact us to see more Biography
- Institution Name:
- Newton High School
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- Education Type:
- High School
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In 2011, through Meritage Fund, a hedge fund offshoot of Renaissance Technologies, Simons invested in Hutchin Hill Capital. Meritage Fund made a $300 million allocation to Hutchin Hill Capital. As of April 30th, 2011, Hutchin Hill Capital had annualized returns of 13.82%. Hutchin Hill passes through some fund expenses and reportedly charges a 2% management fee and a 15% performance fee.Contact us to see more Interesting Facts
Interests, Passion, Hobbies
Kind of Interests, Passion and Hobbies: Science
Description: Simons hires scientists instead of MBAs; reportedly all job candidates must lecture the entire firm on their scientific research. His favorite topics include gene puzzles, the origins of life, the roots of autism, math and computer frontiers, basic physics and the structure of the early cosmos.
Kind of Interests, Passion and Hobbies: Politics
Description: Generous political donor; lifetime giving exceeds $15 million. In 2012, donated at least $2 million to Barack Obama's Priorities USA Action.
Kind of Interests, Passion and Hobbies: Aviation
Description: Silver Stream Aviation, where Simons is Managing Member, owns a 2013 Gulfstream G-650 jet, serial number 6048 and the registration number N773MJ.
Giving Profile: Generous philanthropist whose lifetime giving exceeds $1.2 billion. In 1994, Simons and his wife, Marilyn, established the Simons Foundation, which primarily supports educational causes. Simons serves as Chairman of the Simons Foundation. In 2015, the foundation had assets exceeding $2.6 billion and donated more than $230 million in 2015. In 2005, Simons co-founded the Nick Simons Foundation in memory of his son, Nick, who passed away on a leisure trip to Bali, Indonesia in 2003. In 2006, Simons and his wife, Marilyn established the Nick Simons Institute, which trains rural healthcare workers in Nepal, Kathmandu. Simons serves as the President of the Nick Simons Foundation. In 2015, the foundation had assets exceeding $60 million and donated more than $2.5 million; gives primarily to humanitarian and social causes. Recipients include: Nick Simons Institute, Patan Hospital, American Himalayan Foundation and Himalayan Cataract Project. The couple also co-founded the Paul Simons Foundation, named after their son, Paul, whom they lost in a car accident in 1996. Serves as President of the Paul Simons Foundation. In 2015, the foundation had assets exceeding $45 million and donated more than $1.5 million; gives primarily to social and educational causes. Notable recipient is the Avalon Park and Preserve. In 2004, Simons founded Math for America, a non-profit organization established to improve mathematics and science education. Simons has also donated at least $30 million to autism research; reportedly the Simons Foundation has pledged to invest $100 million more into autism research. The Simons Foundation has made several gifts to Cornell University; supported the Cornell University Library's arXiv program, which is an open-access digital archive of scientific papers and by providing grants to faculty. Simons has established the "Simons Investigators Award", which is given by the Simons Foundation to encourage scientists. In 2011, the couple donated at least $11 million to the Cold Spring Harbor Laboratory, supporting autism causes. In 2011, Simons and Charles Simonyi donated at least $100 million to Institute for Advanced Study through the Simons Foundation. In 2013, Cornell University established the "James H. and Marilyn H. Simons Graduate Fellowship", in honor of the Simons, who made a commitment of $2.5 million through the Simons Foundation. In 2015, the Simons Foundation donated at least $1 million to New England Aquarium, an aquarium located in Boston, Massachusetts.Contact us to see more Philanthropy
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