David Siegel
$8.0B
Born
Jul 15, 1961
Age
64
Source of Wealth
Hedge funds
Residence
Scarsdale, New York
Citizenship
United States
Marital Status
Married
Children
0
Education
Ph.D, Massachusetts Institute of Technology; Bachelor of Arts/Science, Princeton University
- David Siegel is the cofounder of Two Sigma, a quantitative investing powerhouse that manages $60 billion.
- Two Sigma's largest business is a data-driven hedge fund that absorbs large amounts of information to predict the prices of securities.
- Siegel and John Overdeck stepped away from day-to-day management of Two Sigma in September 2024, transitioning from co-CEOs to co-chairmen of the firm.
- Born in the Bronx, Siegel is a computer fanatic who got a computer science Ph.D. from MIT and worked at hedge funds D.E. Shaw and Tudor Investments.
- Siegel's charitable foundation, Siegel Family Endowment, is focused on technology and society and supports programs such as Scratch, which introduces children to coding.
- Before he started Two Sigma with John Overdeck, Siegel founded his own Internet startup.
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