A billionaire math genius uses his own money to give hundreds of teachers a $15,000-a-year raise.

August 22, 2017

Jim Simons might be the richest man you’ve never heard of.


Photo by Cindy Ord/Getty Images.

Dubbed the world’s smartest billionaire by the Financial Times, Simons made obscene amounts of money, in large part, by being better at math than pretty much everyone else.

Photo by Gert-Martin Greuel/Oberwolfach Photo Collection.

In the early 1980s, Simons started a hedge fund. But instead of hiring the usual finance experts…

Pictured here: Business. Photo via iStock.

…he decided to work with mathematicians and scientists to build algorithms to model the behavior of markets to determine the best investment strategy.

Pictured here: Science. Photo via iStock.

His plan totally worked.

As of September 2015, Simons was the 76th wealthiest person in the world, and his former company was worth over $22 billion.

Read more: http://www.upworthy.com/a-billionaire-math-genius-uses-his-own-money-to-give-hundreds-of-teachers-a-15000-a-year-raise?c=tpstream