Early Life and Education
Paul Tudor Jones II was born on September 28, 1954, in Memphis, Tennessee. His father, John Paul Jones, was a lawyer. Jones attended Presbyterian Day School and Memphis University School. He then went on to the University of Virginia, where he was a welterweight boxing champion and earned a bachelor's degree in economics in 1976. While at the University of Virginia, he was the president of the Sigma Alpha Epsilon fraternity.
Rise to Success
Jones began his career as a commodities broker for E. F. Hutton & Co. at age 24. In 1980, Jones founded Tudor Investment Corporation, an asset management firm headquartered in Stamford, Connecticut. One of his major early successes was predicting the stock market crash of October 19, 1987, known as Black Monday, tripling his money during the event. In 1990, he returned 87.4% by shorting the Japanese equities bubble.
Key Business Strategies
Tudor Investment Corporation employs both discretionary and quantitative strategies across various asset classes, including global macro, event-driven equity, and data-driven equity. The firm uses fundamental and technical analysis, seeking to profit from macroeconomic trends. Jones's firm has a global presence with offices in Connecticut, London, New York, Palm Beach, Singapore, and Sydney.
Philanthropy
Paul Tudor Jones is actively involved in philanthropy. In 1988, he founded the Robin Hood Foundation, a non-profit organization focused on poverty reduction in New York City. He has also supported the Excellence Charter School and the Bedford Stuyvesant I Have a Dream Foundation. In addition, Jones has made considerable donations to his alma mater, the University of Virginia, including a contribution for a sports and concert arena named after his father. He is also involved in environmental conservation, co-founding the Everglades Foundation.
