Jim Simons was a math professor turned hedge fund founder.
He pioneered investing with automated quantitative models.
The Simons Foundation had $4.9 billion in assets as of its most recently available tax filing.
Last year, the Simons pledged $500 million over seven years to Stony Brook University in the second-largest donation ever to a public college.
In a 2017 interview with Forbes, Simons explained why helping math teachers was important to him.
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Teach for America is a social venture that hires graduating seniors from some of the most selective colleges and offers them with five-week training courses before unleashing them for a minimum of two years in some of the country’s worst classrooms.