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Jim Simons, billionaire hedge fund manager, philanthropist, dies at 86

Jim Simmons, a mathematics professor who became one of the most successful hedge fund managers in history, died Friday at the age of 86, according to his foundation. Simmons, a prolific philanthropist who donated more than $1 billion to Stony Brook University, died Friday in New York City, the Simmons Foundation announced on its website. […]

Charitable misgiving: The modern billionaire philanthropist 

Recently, and somewhat quietly, 93-year-old Ruth Gottsman said: billion dollar gift to Einstein College of Medicine in New York City. The purpose of this gift was to make medical school forever free to medical students. Surprisingly, this gift had few strings attached, other than the mission. No request was made to change the name of […]