Key Takeaways
- • Paul Tudor Jones II, founder of Tudor Investment Corporation in 1980, is known for macro trades centered on interest rates and currencies, according to Forbes' profile.
- • Tudor Investment Corporation manages approximately $17 billion in assets, per the Forbes profile.
- • Jones began his career trading cotton futures at the New York Cotton Exchange under cotton trader Eli Tullis.
- • Jones cofounded the Robin Hood Foundation in 1988 to reduce poverty in New York City and cofounded Just Capital in 2013.
- • Forbes lists his source of wealth as hedge funds, with a Palm Beach, Florida residence and a Self-Made Score of 7.
Summary
Forbes' profile of Paul Tudor Jones II, co-chairman and chief investment officer of Tudor Investment Corporation, outlines the career of one of the best-known macro hedge fund managers. Jones founded Tudor Investment Corporation in 1980, and the firm now manages some $17 billion in assets. He is known for macro trades, particularly positions on interest rates and currencies.
Jones's early career began in trading rather than asset management. He cut his teeth trading cotton futures at the New York Cotton Exchange under the tutelage of renowned cotton trader Eli Tullis. Before that, he wrote under the name Paul Eagle at his father's small business paper, the Memphis Daily News, while in high school and college.
Beyond trading, Jones has been active in philanthropy. He cofounded the Robin Hood Foundation in 1988 with the goal of reducing poverty in New York City. In 2013 he cofounded Just Capital, a nonprofit research organization that ranks Russell 1000 companies on their impact on the environment, communities, and other factors.
Forbes lists Jones's source of wealth as hedge funds and classifies him as self-made, with a Self-Made Score of 7 and a Philanthropy Score of 2. He lives in Palm Beach, Florida, is married, has four children, and holds a Bachelor of Arts/Science from the University of Virginia.
Jones's early career began in trading rather than asset management. He cut his teeth trading cotton futures at the New York Cotton Exchange under the tutelage of renowned cotton trader Eli Tullis. Before that, he wrote under the name Paul Eagle at his father's small business paper, the Memphis Daily News, while in high school and college.
Beyond trading, Jones has been active in philanthropy. He cofounded the Robin Hood Foundation in 1988 with the goal of reducing poverty in New York City. In 2013 he cofounded Just Capital, a nonprofit research organization that ranks Russell 1000 companies on their impact on the environment, communities, and other factors.
Forbes lists Jones's source of wealth as hedge funds and classifies him as self-made, with a Self-Made Score of 7 and a Philanthropy Score of 2. He lives in Palm Beach, Florida, is married, has four children, and holds a Bachelor of Arts/Science from the University of Virginia.
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