Jeff Yass
$59.0B
Born
Jul 17, 1958
Age
66
Source of Wealth
Trading, investments
Residence
Haverford, Pennsylvania
Citizenship
United States
Marital Status
Married
Children
4
Education
Bachelor of Science, SUNY Binghamton
- Jeff Yass is a cofounder of Susquehanna International Group, one of Wall Street's largest and most successful trading firms.
- He went to SUNY Binghamton, became a pro gambler, then began trading on the Philadelphia Stock Exchange in 1981 backed by billionaire Israel Englander.
- In 1987, he cofounded Susquehanna with a handful of partners; it's now a giant in options trading and making markets, with more than 3,000 employees worldwide.
- It recruits and trains traders using poker tournaments to sharpen decision-making skills; its traders have won 3 World Series of Poker bracelets.
- Susquehanna has invested in hundreds of private companies globally, including TikTok parent ByteDance, its most valuable holding based on Forbes reporting.
- In the 1990s, Yass' father Gerald helped build Susquehanna's back-office bookkeeping operations.
- For a college economics class, Yass wrote a final paper titled, "An Econometric Analysis of Horse Racing," that he eventually published in Gambling Times magazine.
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