“Quant King” James Simons, the billionaire founder of Renaissance Technologies, is the biggest Democratic super PAC donor in the country right now, the New York Times Nicholas Confessore reports.
The retired legendary hedge fund manager has given at least $2 million to Priorities USA Action, which supports Obama and $2 million to two other groups supporting Congressional Democrats, the report said.
However, he has not donated to Obama’s re-election campaign, the report said.
Simons, who retired from his role as CEO at RenTech in 2010, has an estimated net-worth of $11 billion, according to Forbes.
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