Difference between revisions of "Paul Tudor Jones II"

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Memphis, Tennessee-born Paul Tudor Jones is the founder, chairman and CEO of [[Tudor Investment Corp.]], a macro hedge fund established in 1980.<ref>{{cite web|name="Paul Tudor Jones”|url=http://www.futuresindustry.org/paul-tudor-jones.asp  
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Memphis, Tennessee-born Paul Tudor Jones is the founder, chairman and CEO of [[Tudor Investment Corp.]], a macro hedge fund established in 1980 in Greenwich, Connecticut.<ref>{{cite web|name="Paul Tudor Jones”|url=http://www.futuresindustry.org/paul-tudor-jones.asp  
|org= www.futuresindustry.org |date=Nov. 30, 2007}}</ref>  
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|org= www.futuresindustry.org |date=Nov. 30, 2007}}</ref> He also heads the Tudor Group, a hedge fund holding company specializing in fixed income, currencies, equities, and commodities.
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Forbes Magazine estimated his net worth as of June 13, 2018 to be US$4.5 billion.<ref>{{cite web|url=https://www.forbes.com/profile/paul-tudor-jones-ii/|name=Paul Tudor Jones II|org=Forbes|date=June 13, 2018}}</ref>
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Jones is also known for his philanthropy. Eight years after founding his hedge fund, he founded the Robin Hood Foundation, focusing on reducing poverty.
  
 
== History ==
 
== History ==
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== In the News ==
 
== In the News ==
In the March 8, 2007, issue of ''Forbes'', he was listed as the 369th richest person in the world, with an estimated net worth of $2.5 billion.<ref>{{cite web|name="The World's Billionaires”|url=http://www.forbes.com/lists/2007/10/07billionaires_Paul-Tudor-Jones-II_L6IH.html |org=Forbes|date=Dec. 30, 2007}}</ref>
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In late October 2010, he wrote a letter to his investors saying that a revaluation of China’s renminbi would do more to cut U.S. unemployment than asset purchases by the [[Federal Reserve]]. <ref> {{cite web|url = http://www.bloomberg.com/news/2010-10-26/tudor-says-gains-in-china-s-yuan-would-add-more-u-s-jobs-than-fed-easing.html|name = Tudor Says Yuan Gains Would Add More Jobs Than Fed Easing|org = Bloomberg|date = October 27, 2010}}</ref>
 
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In late October 2010, Paul Tudor Jones wrote a letter to his investors saying that a revaluation of China’s renminbi would do more to cut U.S. unemployment than asset purchases by the [[Federal Reserve]]. <ref> {{cite web|url = http://www.bloomberg.com/news/2010-10-26/tudor-says-gains-in-china-s-yuan-would-add-more-u-s-jobs-than-fed-easing.html|name = Tudor Says Yuan Gains Would Add More Jobs Than Fed Easing|org = Bloomberg|date = October 27, 2010}}</ref>
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In June 2018 Jones and [[Goldman Sachs]] launched an ETF that will track Just Capital's US Large Cap Diversified Index, which features companies that score well on environmental, social and governance metrics.<ref>{{cite web|url=https://slate.com/business/2018/06/just-500-the-goldman-sachs-paul-tudor-jones-values-driven-investment-fund-seems-good-actually.html|name=Invest Good|org=Slate|date=June 13, 2018}}</ref>
 
In June 2018 Jones and [[Goldman Sachs]] launched an ETF that will track Just Capital's US Large Cap Diversified Index, which features companies that score well on environmental, social and governance metrics.<ref>{{cite web|url=https://slate.com/business/2018/06/just-500-the-goldman-sachs-paul-tudor-jones-values-driven-investment-fund-seems-good-actually.html|name=Invest Good|org=Slate|date=June 13, 2018}}</ref>

Latest revision as of 13:49, 13 June 2018

OIC blue.jpg
Paul Tudor Jones
PaulTudorJones.jpg
Occupation Founder, chairman and CEO
Employer Tudor Investment Corporation
Location Greenwich, Connecticut

Memphis, Tennessee-born Paul Tudor Jones is the founder, chairman and CEO of Tudor Investment Corp., a macro hedge fund established in 1980 in Greenwich, Connecticut.[1] He also heads the Tudor Group, a hedge fund holding company specializing in fixed income, currencies, equities, and commodities.

Forbes Magazine estimated his net worth as of June 13, 2018 to be US$4.5 billion.[2]

Jones is also known for his philanthropy. Eight years after founding his hedge fund, he founded the Robin Hood Foundation, focusing on reducing poverty.

History

Paul Tudor Jones got his start in the trading business on the floor of the former New York Cotton Exchange and has long favored the futures markets for his trading strategies. He was one of the first to realize the problems associated with size and to give money back to investors. One measure of his influence on the industry is that over the years, a large number of talented traders have cut their teeth at Tudor before striking out on their own.

He was named a "market wizard" in the late 1980's book titled "Market Wizards: Interviews with Top Traders" by Jack Schwager.[3]

Jones was a director on the Futures Industry Association board for many years, and has contributed an impressive amount of his time and energy to charity, most notably through his financial and personal support for the Robin Hood Foundation,[4] an organization co-founded[5] and is dedicated to fighting poverty in New York City. He sits on the board of directors of that organization.

In 2006, he was inducted into the Futures Industry Association Futures Hall of Fame.

In the News

In late October 2010, he wrote a letter to his investors saying that a revaluation of China’s renminbi would do more to cut U.S. unemployment than asset purchases by the Federal Reserve. [6]

In June 2018 Jones and Goldman Sachs launched an ETF that will track Just Capital's US Large Cap Diversified Index, which features companies that score well on environmental, social and governance metrics.[7]

Education

Jones received a Bachelor's degree in Economics at the University of Virginia.

References

  1. "Paul Tudor Jones”. www.futuresindustry.org.
  2. Paul Tudor Jones II. Forbes.
  3. The Greats: Media-shy Paul Tudor Jones II Survives Decades of Trading. SFO Magazine.
  4. 100% Charity. Robin Hood Foundation.
  5. The legend of Robin Hood. Fortune Magazine.
  6. Tudor Says Yuan Gains Would Add More Jobs Than Fed Easing. Bloomberg.
  7. Invest Good. Slate.