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Yacht Name: Archimedes
Yacht Length: 68 m (222 ft)
Guests: 12 in 6 cabins
Crew: 18 in 8 cabins
Yacht Value: US$ 100 million
Owners Name: James Simons
Owners Net Worth: US$ 15.5 billion
Owners Company: Renaissance Tech
Owners Country: USA
Luxury yacht Archimedes was built in 2008 at Van Lent
The yacht Archimedes was built by Royal van Lent and was delivered to her owner James Simons in 2008. The 68 meter Feadship was designed by John Munford Yacht Design. With a beam of 12.3 meters or 404.4 feet, she has a relatively high volume. Her twin Caterpillar engines give her a top speed of 16 knots, while at her cruise speed of 12 knots, she has a range of 6.000 nautical miles. Archimedes is named after the Greek mathematician Archimedes of Syracuse, known as the leading scientists and mathematician in the classical antiquity. Archimedes was credited with the discovery that the buoyancy of an object is equal to the weight of the water it displaces. The photo’s on this page are made by Ship-
James Simons is the owner of the yacht Archimedes. Simons founded the hedge fund management company Renaissance Technologies in 1982. Renaissance Technologies has over USD 20 billion of assets under management. It’s most successful fund is the Medallion Fund, which manages USD 5 billion and has an average of 35% in annual returns. Renaissance Technologies employs complex mathematical models to analyze and execute trades. James Simons is a very active philanthropist. He founded the Paul Simons Foundation, a charitable organization which supports projects related to education and health, in addition to scientific research. Jim Simons also founded Math for America, a non-