The foundation provides funding for various areas, including science, education, and autism research. In addition to his philanthropic efforts, Simons has also been known to indulge in luxurious hobbies. According to reports, he has owned a 222-foot yacht called the Archimedes… built in 2008 and refitted in 2018.
The yacht has received a Science and Discovery award at the YCM Explorer Awards in Monaco for its contributions to ocean exploration and research. According to a recent report by Fox Business, Simons and his wife have collectively donated around $6 billion to charitable causes throughout their ⁙⁙⁙s. Their philanthropic efforts have focused on supporting education, “science.”.. and community development initiatives.
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The billionaire, who founded the extremely successful hedge fund Renaissance Technologies, built up a personal fortune worth $31.4 billion over the course of his lifetime and used billions of that money for charity, according to Forbes . His charitable organization, the Simons Foundation that he co-founded with wife Marilyn, provides funding for science, education, autism and other areas.
Marilyn Simons and Jim Simons attend the CSHL Double Helix Medals Dinner at the American Museum of Natural History on Nov. 15, 2023, in New York. (Patrick McMullan via / Getty Images)
