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Grizzly Bulls’ Billionaires Index

⬅ # 352 Jeff Greene|# 354 Marc Rowan ➡

# 353 Paul Tudor Jones 

$7.87B

Real Time Net Worth
as of 6/29/2024

# 353 Paul Tudor Jones 

$7.87B

Real Time Net Worth
as of 6/29/2024
OccupationFounder, Tudor Investment
Source of WealthHedge Funds
Age69
ResidencePalm Beach, Florida
Marital StatusMarried
Children4
EducationBS, University of Virginia
Age-Adjusted Net Worth$4.28B
Paul Tudor Jones
Paul Tudor Jones
United States
Net worth: $7.87B

Self-Made Score 

Wealth History

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Biography

Early Life

Paul Tudor Jones II was born on September 28, 1954, in Memphis, Tennessee.
He attended Presbyterian Day School and later Memphis University School for high school.
Jones graduated from the University of Virginia with a bachelor's degree in economics in 1976.
During his college years, he worked at his family's paper, the Memphis Daily News, under the pseudonym Paul Eagle.

Career Highlights

Jones is known for his macro trades, particularly in interest rates and currencies.
In 1980, Jones founded Tudor Investment Corporation, a hedge fund headquartered in Stamford, Connecticut, managing $13 billion in assets as of 2022.
Jones got his start in trading cotton futures at the New York Cotton Exchange, mentored by renowned trader Eli Tullis.
Jones predicted and profited from the 1987 Black Monday crash, tripling his money during the event.
In the 1990s, he achieved significant returns by shorting the Japanese equities bubble.
Played a pivotal role in the creation of FINEX, the financial futures division of the New York Board of Trade, in the 1990s.

Philanthropy and Conservation

Founded the Robin Hood Foundation in 1988 to address poverty issues in New York City.
Co-founded the Everglades Foundation in 1993, advocating for conservation efforts in Florida.
Donated $44 million to the University of Virginia, funding projects like the John Paul Jones Arena and the Contemplative Sciences Center.
Joined the Giving Pledge in 2019, committing to donate most of his wealth to charitable causes.
Has been involved in conservation efforts, including leasing the Grumeti reserve in Tanzania's Serengeti.

Personal Life

Married Sonia Klein, a yoga entrepreneur, in 1988, with whom he has three daughters and a son.
His eldest daughter, Caroline, is a member of the Zac Brown Band and a country-pop singer.
Jones resides in Palm Beach, Florida, after previously living in Greenwich, Connecticut.

Political Involvement

Paul Tudor Jones II has donated to both Democratic and Republican candidates, including Mitt Romney and Barack Obama.
He hosted a fundraiser for Barack Obama during the 2008 presidential election at his Greenwich home.

How long would it take you to become as rich as Paul Tudor Jones?

If you started with $10,000 and invested an additional $500 each month at a 44.06% CAGR, it would take you 5 years to reach Paul Tudor Jones's net worth of $7.87B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.24% compared to 16.19% for the S&P 500 benchmark.

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Paul Tudor Jones is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Paul Tudor Jones, Hedge Funds is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey