Portrait of Paul Tudor Jones II

Rank #448

Paul Tudor Jones II

Net worth $8.1B

Hedge funds · United States

Born
Sep 28, 1954
Age
71
Source
Hedge funds
Residence
Palm Beach, Florida
Citizenship
United States
Marital status
Married
Children
4
Education
Bachelor of Arts/Science, University of Virginia

Net worth over time

Biography

  • Hedge fund manager Paul Tudor Jones II is known for his macro trades, particularly his bets on interest rates and currencies.
  • In 1980, he founded Tudor Investment Corporation, which now manages some $17 billion in assets.
  • Jones got his start at his dad's small business paper, the Memphis Daily News, where he wrote under the name Paul Eagle in high school and college.
  • He cut his teeth trading cotton futures at the New York Cotton Exchange, under the tutelage of renowned cotton trader Eli Tullis.
  • In 1988, he cofounded the Robin Hood Foundation, with the goal of reducing poverty in New York City.
  • Jones, who was a boxing champion in college, took up the sport after he failed to score a single point in sixth grade basketball.
  • In 2013 he cofounded Just Capital, a nonprofit research outfit that ranks Russell 1000 companies based on their impact on the environment, communities, and more.