About Henry Laufer
Mathematician, investor, hedge fund manager, and philanthropist Henry B. Laufer is from the United States. He was Vice President of Research at Renaissance Technologies, a hedge fund based in Setauket, New York, with approximately $50 billion in assets at the beginning of 2022. Its Emblem Asset has conveyed a normal yearly return of around 40% beginning around 1988 and paid him something like $1.8 billion in circulation starting around 2006.
Henry Laufer Career
Jim Simons founded Renaissance after leaving Stony Brook University in 1977 to start Monemetrics, a commodities-focused quantitative trading firm. 5 years later, he founded Renaissance Technologies and established its flagship Medallion fund in 1988. According to a Bloomberg News report from November 25, 2016, the fund, which is now managed solely for Renaissance employees’ benefit, invests in global markets through the use of quantitative modelling and trading algorithms.
Renaissance oversees about $42 billion across a few assets and Emblem, which covers its resources at about $10 billion, has conveyed normal yearly returns of around 40% after expenses beginning around 1988, as per the Bloomberg report. In 2009, the billionaire retired from Renaissance. He is a trustee of the Stony Brook Foundation and serves on the board of the Laufer Center for Physical and Quantitative Biology at Stony Brook.
Henry Laufer Facts
Laufer and his wife empowered the groundwork of the Louis and Beatrice Laufer Center for Physical and Quantitative Science at Stony Stream College with a gift in 2008. The couple joined Jim and Marilyn Simons to enrich the Numerical Sciences Exploration Foundation at the College of California, Berkeley, with an unhindered $70 million gift in 2022. The Simons Laufer Mathematical Sciences Institute was renamed in appreciation of the donors by the school.
Henry Laufer Net Worth
Henry Laufer’s net worth was estimated to be around $2.6 billion USD, as of 2023, making him a America’s billionaire businessman.
Personal Information
| Full Name | Henry B Laufer |
| Father’s Name | Not Mention |
| Mother’s Name | Not Mention |
| Siblings | Not Mention |
| Date Of Birth | 13 August 1945 |
| Age | 78 Years |
| Birth Place | Not Mention |
| Height | Not Mention |
| Education | Ph.D. from Princeton University |
| Net Worth | $2.6 Billion |
| Profession | Hedge Fund Manager, Investor, Philanthropist |
| Relationship Status | Married |
Also Read:
Anthony Bamford Net Worth, Age, Family & Biography