James Harold Simons

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James Harold Simons is a billionaire hedge fund manager. Simons is estimated to be worth at least $11 billion [1] Prior to his work as a hedge fund manager, Simons was a mathematician. Simons used his money to fund several science and technology initiatives [2] as well as several of the most prominent Democratic-aligned SuperPACs in the 2012 election cycles. [3]

Influencing the 2012 Election

Simons was the largest donor to Democratic-aligned superPACs as of October 8th, 2012. In 2012, Simons donated $2 million to Priorities USA, [4] a SuperPAC formed expressly for the purpose of re-electing Barack Obama for a second term as president. Simons also contributed $1.5 million to Majority PAC, which runs ads in support of vulnerable Democratic nominees to the U.S. Senate, and $500,000 to House Majority PAC, which runs ads in support of Democratic nominees to the U.S. House of Representatives [5]

  1. AP: James Simons leads 5 Long Islanders on Forbes 400, libn.com, Accessed October 8th, 2012
  2. Seed Magazine: Putting His Money Where His Math Is, October 8th, 2012
  3. Julia La Roche: James Simons Super PAC Donations, Business Insider, September 27th, 2012
  4. Nicholas Confessore: 'Super PACs' Finally a Draw for Democrats, New York Times, September 26th, 2012
  5. Opensecrts.org: Donor Detail for James Simons, Accessed October 8th, 2012