Yacht Name: Archimedes -
James Simons Net Worth: US$ 20 billion -
The motor yacht Archimedes was built by Royal van Lent. She was delivered to her owner in 2008.
She has a cruise speed of 12 knots. And she has a range of 6.000 nautical miles.
The yacht can accommodate 12 guests in 6 cabins. There are 18 crew members on board. Her dining room seats 20 guests.
In 2018 she was sent to the Netherlands for a short refit. In the winter of 2018 she was spotted in the Caribbean.
Archimedes is named after the Greek mathematician Archimedes of Syracuse. He 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 boat is not available for yacht charter. And the yacht is not listed for sale.
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Jim Simons is the owner of the yacht Archimedes.
Simons founded the hedge fund management company Renaissance Technologies in 1982. Renaissance Technologies has over USD 50 billion of assets under management. The investment firm’s three Renaissance Technologies computer-
Simons is the co-
He taught mathematics at the Massachusetts Institute of Technology and Harvard University. He was a member the Institute for Advanced Study.
Simons is a contributor to the Democratic Party. He has donated more than US$ 30 million to federal campaigns.
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.
Jim Simons is a very active philanthropist. He founded the Simons Foundation. The foundation is a charitable organization. Which supports projects related to education and health. In addition to scientific research.
Simons also founded Math for America. It is a non-
Jim and Marilyn Simons donated US$ 200 million to the Stony Brook University of New York. It is among the top ten gifts to public higher education in the USA. Simons chaired the mathematics department at the State University of New York at Stony Brook.
Algorithms made him a Wall Street billionaire. The net worth of James Harris Simons is estimated at US$ 20 billion. In 2017 alone he earned US$ 1.7 billion.
He is the top earner on the Institutional Investor’s annual Rich List. He lives with his wife Marilyn Simons in a large house on Long Island near New York.
Simons owns a US$ 70 million G650 private jet with registration N773MJ. The MJ refers to Marilyn and James.
The jet was built in 2013. A Gulfstream G650 has a list price of US$ 70 million. The aircraft can accommodate 14 passengers.
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