James Simons and Kenneth Griffin were the world’s top two hedge fund managers in 2015. Each made $1.7 billion last year alone, and have used their massive wealth to bankroll the campaigns of Hillary Clinton and Rahm Emanuel, the Guardian reported.
Simons is the 50th richest person in the world, according to Forbes. The mathematician has made an estimated $15.5 billion as CEO of the Renaissance Technologies hedge fund, and is individually richer than many countries.
He donated $13 million to support Ted Cruz’s failed presidential campaign, before jumping ship to back Hillary Clinton.
Simons has pumped more than $2 million into Clinton’s campaign to date. And his family office, Euclidean Capital, has poured more than $7 million into supporting Clinton, the Guardian noted.
Many other financial executives have joined Simons in funding Clinton. Powerful figures on Wall Street who formerly backed failed Republican candidates have instead thrown their weight behind the Democratic presidential front-runner, hoping she can defeat presumed GOP nominee Donald Trump.