James Harris \"Jim\" Simons (born 1938) is an American mathematician, academic, trader, and philanthropist. In 1982, Simons founded Renaissance Technologies Corporation, a private investment firm based in New York with over $30 billion under management; Simons is still at the helm, as president, of what is now one of the world\s most successful hedge funds.[1] Simons earned an estimated $2.5 billion in 2008[1], $2.8 billion in 2007[2], $1.7 billion in 2006,[2] $1.5 billion in 2005,[3] (the largest compensation among hedge fund managers that year[4]) and $670 million in 2004. With an estimated current[update] net worth of around $5.5 billion[5], he is ranked by Forbes as the 55th-richest person in America.[6] He was named by the Financial Times in 2006 as the \"smartest\" billionaire.[7] Simons lives with his wife in Manhattan and Long Island, and is the father of five. Simons shuns
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