#405
David Shaw
Overview
- Source of Wealth
- Hedge funds
- Industry
- Finance & Investments
- Residence
- New York, New York
- Organization
- Founder at D. E. Shaw & Co., L.P.
- Education
- Stanford University (Doctorate)University of California, San Diego (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 3
Biography
A former computer science professor at Columbia University, David Shaw is the founder of D.E. Shaw, which manages over $70 billion in assets.
Shaw founded the quantitative hedge fund, known for its use of sophisticated mathematical modeling and algorithms, in 1988.
In 2002, Shaw created an executive committee to oversee the company, and has since stepped away from its day-to-day operations.
Several former execs have started their own successful businesses, including Amazon founder Jeff Bezos and Two Sigma hedge fund's John Overdeck.
Shaw is now chief scientist at D.E. Shaw Research, a computational biochemistry research firm.