Businessman and hedge-fund founder Paul Tudor Jones II formed Tudor Investment Corporation (TIC), private asset management and hedge-fund organization in the United States. Forbes Magazine put his net worth at US$4.3 billion in March 2014, making him the 108th richest American and the 345th richest person in the world at the time. In 1988, he established the Robin Hood Foundation, which aims to reduce poverty.
What is Paul Tudor Jones’s net worth?
He has an estimated value of $7.6 billion, according to Forbes.
|Year||Net Worth||Increase Rate|
|2022||$7.6 billion||8.57% increase|
|2021||$7 billion||9.37% increase|
|2020||$6.4 billion||14.28% increase|
|2019||$5.6 billion||16.67% increase|
Early life and Education
Jones is a native of Memphis, Tennessee. Preparing to enter Memphis University School, he completed his elementary education at the all-boys Presbyterian Day School. Afterward, Jones attended the University of Virginia and graduated with a bachelor’s degree and a welterweight boxing title in 1976.
Until 1976, he began to work as a clerk on the trading floors and subsequently as a broker for E. F. Hutton & Co. It took him two and a half lucrative years in 1980 to “truly get bored” with working on his own. On his way home from packing his bags, he had an epiphany: “This is absurd since they’re not going to teach me anything about what I’m doing here, which is absurd. In business school, they don’t teach you this kind of thing.”
John Jones was introduced to commodity trader Eli Tullis by his cousin, William Dunavant, Jr., who is the CEO of Dunavant Enterprises, one of the most prominent cotton merchants in the world. In the New York Stock Exchange, Tullis hired Jones and coached him in trading cotton futures.
Tudor Investment Corporation, a Greenwich, Connecticut-based asset management organization, was formed by Jones in 1980. A global clientele uses the Tudor Group, which is made up of Tudor Investment Corporation and its affiliates.
Included in Tudor Group’s portfolio are discretionary global macro (managed futures), equities long/short (discretionary), and quantitative (market neutral). As a result of massive short positions, Jones tripled his money during Black Monday in 1987.
Tudor Investment Corporation’s second-in-command was Peter Borish. According to Jones, because of the similarity between 1929’s stock market and 1987’s, Borish predicted the fall in 1987.
A former director of the Futures Industry Group, Jones was influential in founding an educational arm of the association, which was renamed the Institute for Financial Markets and is situated in Washington, D.C. A proponent of the first ethics training course, Mr. Jones was also instrumental in designing and implementing that course, which has since become a standard requirement for exchange membership on all futures markets in the United States.
As a young man, Jones predicts the 1987 crisis using tactics similar to Robert Prechter, a market analyst. It was broadcast on public television in November 1987, although there are very few copies of the video. Bidding for the video on the Internet starts at $295. Glyn claims that Jones asked for its removal from circulation in the 1990s. After appearing on several video sharing and torrent sites, it has been removed due to copyright allegations.
Robin Hood Foundation, a non-profit organization founded by Jones, is funded mainly by hedge fund operators. Excellence Charter School, the nation’s first all-boys charter school, was formed by him, and he served as its chairman of the board. I Have A Dream Bedford Stuyvesant Foundation, which places local students in colleges. He created and chaired the foundation.
When he adopted an underperforming sixth-grade class in 1986 by providing college scholarships to graduates, he became a household name. His goal was to have 90 percent of the pupils complete high school, and he thought this would be a great way to motivate them. In the end, though, only 33 percent of the class graduated. His program was “totally unequipped to [assist them] in an efficient manner,”
As a former University of Virginia student, Jones has given generously to his AlmaUniversity, including a $35 million commitment for a new basketball stadium that will be known as the John Paul Jones Arena. UVA announced in April 2012 the development of a new Contemplative Sciences Center with a $12 million donation.
As stated, he played an essential role in the contentious ouster of University of Virginia President Teresa A. Sullivan in June 2012. He authored an essay in which he defended her decision to step down. Unanimously, on June 26, 2012, the university’s Board of Visitors decided Sullivan’s reinstatement should go forward.
Paul Tudor Jones’s Wife
As early as 1988, Jones married Sonia Klein, a yoga entrepreneur from New York.
Paul Tudor Jones II’s contact information is listed below. It is 212-227-6601 and 212-227-6698. We do not have access to your phone number or home landline number. To contact Paul Tudor Jones II directly, dial the office mentioned above landline number.
United States, Greenwich
He’s a well-known commodity trader who resides here
|Email Address||Not Available|
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|Discord/Telegram Number||Not Available|
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|Real Name||Paul Tudor Jones II|
|Nick Name||Paul Tudor Jones|
|Profession||Trader, Investor, Stock Broker|
|Age||66 years old|
|Height||In feet: 5.2|
In meter: 1.60 m
In CM: 160 cm
|Weight||In Kilograms: 74 kg|
In Pounds: 163 Ibs
|Relationship||Wife: Sonia Jones|
|Children||Dorothy Jones, Jack Jones, Chrissy Jones, Caroline Jones|
|Parents||Father: John Paul Jones|
Mother: Louise Allen Jones
A philanthropist, Jones built the country’s first all-boys charter school, the Excellence Charter School. The Bedford Stuyvesant also formed the I Have a Dream Foundation. He has served as the National Fish and Wildlife Foundation’s previous chairman and is currently a member of the Everglades Foundation’s board of directors.