John Overdeck – Billionaire

The co-founder of Two Sigma Investments, John Overdeck has built a quantitative trading powerhouse that is the fastest growing hedge fund in the business. With $40 billion of assets under management, Two Sigma is a data-driven hedge fund that absorbs large amounts of information to predict the prices of securities ranging from stocks to futures contracts. It flagship Spectrum fund returned about 3% in 2016 while its big Compass fund returned about 10% net of fees. A math prodigy who won a silver medal at the International Mathematical Olympiad at age 16, Overdeck worked at D.E. Shaw and Amazon before starting Two Sigma with David Siegel in 2001. The firm also runs a market-making business, owns a Bermuda reinsurance company and operates a venture capital arm.

John Overdeck net worth: John Overdeck is an American hedge fund manager who has a net worth of $5.5 billion. John Overdeck is best known for being the co-founder and co-chairman of the New York City based hedge fund Two Sigma Investments which focuses on technology such as machine learning, artificial intelligence, and distributed computer to execute its trading strategies. The company has more than $40 billion in assets under management. John Overdeck graduated from Stanford University and was a silver medalist at the International Mathematics Olympiad. He worked as a Managing Director at D.E. Shaw & Co. as well as the Vice President of Amazon.com. He co-founded Two Sigma Investments with David Siegel and Mark Pickard in 2001. He is a philanthropist who is the director of the Robin Hood Foundation and established the Overdeck Family Foundation which gifted $1 million in 2018 to help fund research on education issues for the Woodrow Wilson School of Public and International Affairs.

Source:

1. forbes

2. celebritynetworth