Portrait of Clifford Asness

Rank #659

Clifford Asness

Net worth $6.3B

Money management · United States

Born
Oct 17, 1966
Age
59
Source
Money management
Residence
Greenwich, Connecticut
Citizenship
United States
Marital status
Married
Children
4
Education
Doctorate, University of Chicago; Master of Business Administration, University of Chicago; Bachelor of Arts/Science, University of Pennsylvania; Bachelor of Arts/Science, University of Pennsylvania, The Wharton School

Net worth over time

Biography

  • Cliff Asness is the cofounder of AQR Capital Management, a money management firm that held $187 billion of assets under management as of March 2026.
  • AQR stands for Applied Quantitative Research. It focuses on factor-based investing, offering products ranging from hedge funds to mutual funds.
  • A finance Ph.D, Asness is an active researcher and worked in quantitative research for Goldman Sachs before starting AQR in 1998.
  • Asness backed lawmakers who supported New York's marriage equality initiative and is a board member of the International Rescue Committee.
  • Asness was a teaching assistant at the University of Chicago for Nobel laureate Eugene Fama, whose efficient market hypothesis popularized passive investing.