James Simons, mathematician, philanthropist and hedge fund founder, has died

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James Simons, mathematician, philanthropist and hedge fund founder, has died
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James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86.

FILE - Jim Simons, a businessman and founder of Math for America, poses at his New York office, Wednesday, Dec. 14, 2005. Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation's biggest philanthropists, died Friday, May 10, 2024. He was 86.

The charitable foundation that Simons co-founded with his wife, Marilyn, announced that Simons died Friday in New York. No cause of death was given.“Jim was an exceptional leader who did transformative work in mathematics and developed a world-leading investment company,” Simons Foundation President David Spergel said inon the foundation's website.

James Harris Simons was born in Newton, Massachusetts. He showed an affinity for math and numbers early on and went on to earn an undergraduate degree in mathematics from the Massachusetts Institute of Technology in 1958 and a doctorate in math from the University of California, Berkeley, in 1961.

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