David Shaw

$8.82 B

Ranked #388 in World

About David Shaw

David Elliot Shaw, an American billionaire and computational finance pioneer, founded D. E. Shaw & Co., known for its high-speed quantitative trading. A former Columbia University computer science assistant professor, Shaw leveraged advanced computing to uncover financial market inefficiencies. With a noteworthy academic and professional background, including degrees from UC San Diego and Stanford and a VP role at Morgan Stanley, he's been appointed to presidential advisory councils under Clinton and Obama. Shaw's current estimated net worth stands at $6.2 billion, making him a prominent figure in finance and science.

Born

March 29, 1951

Age

74 years

Source Of Wealth

Hedge Funds

Industries

Finance & Investments

Citizenship

United States

Residence

New York, New York

Education

Doctorate, Stanford University; Bachelor of Arts/Science, University of California, San Diego

Spouse

Beth Kobliner

Children

David Elliot Shaw was born on March 29, 1951, in New York City. His parents were Jewish, and he was raised in a Reform Jewish household. Shaw showed an early aptitude for mathematics and science, and he excelled in school.

David Shaw: Family

Shaw is married to Beth Kobliner, a personal finance commentator and journalist. They have three children and live in New York City.

David Shaw: Career Highlights

After earning his PhD, Shaw joined Morgan Stanley in 1986 as Vice President for Technology in the automated proprietary trading group. In 1988, he founded D. E. Shaw & Co., a hedge fund company known for its pioneering role in high-speed quantitative trading. Shaw's firm made its fortune exploiting inefficiencies in financial markets using state-of-the-art high-speed computer networks.

David Shaw: Companies

Shaw is the founder and chairman of D. E. Shaw & Co. He is also the chief scientist of D. E. Shaw Research, which conducts interdisciplinary research in computational biochemistry.

David Shaw: Major Achievements

Shaw is a renowned scientist and hedge fund manager. He is credited with revolutionizing the financial industry through his use of high-speed quantitative trading. Shaw has also made significant contributions to the field of computational biology.

David Shaw: Awards & Achievements

Shaw has received numerous awards and honors for his work, including election to the American Academy of Arts and Sciences, the National Academy of Engineering, and the National Academy of Sciences. He was also appointed by Presidents Clinton and Obama to the President's Council of Advisors on Science and Technology.

David Shaw: Personal Life & Legacy

Shaw is a private person who rarely gives interviews. He is known for his philanthropy, and he has made significant donations to various educational institutions and political causes. Shaw is also a member of the Stephen Wise Free Synagogue in New York.

David Shaw: Trivia

Shaw is an avid art collector and owns a notable mansion in Westchester County, New York.

He is also a licensed pilot and enjoys flying.

Wealth History

Timeline

March 29, 1951

David Elliot Shaw was born.

1986

Joined Morgan Stanley as Vice President for Technology in the automated proprietary trading group.

1988

Started D. E. Shaw & Co., employing proprietary algorithms for securities trading.

1994

Appointed by President Clinton to the President's Council of Advisors on Science and Technology.

2000

Elected to the board of directors of the American Association for the Advancement of Science, serving as its treasurer from 2000-2010.

2007

Elected as a fellow of the American Academy of Arts and Sciences.

2009

Appointed by President Obama to the President's Council of Advisors on Science and Technology again.

2012

Elected to the National Academy of Engineering.

2014

Elected to the National Academy of Sciences and ranked among the top 25 earners in the hedge fund industry by Institutional Investor's Alpha magazine.

2018

Estimated net worth of $6.2 billion.

David Shaw : FAQs

What is David Shaw's current net worth?

David Shaw's current net worth is $8.82 billion.

What is David Shaw's current global rank among billionaires?

David Shaw holds the 388th position globally among billionaires.

What is David Shaw's current ranking within the United States?

David Shaw holds the 151st position in United States.

What was the change in David Shaw's net worth compared to the previous year?

David Shaw's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 8.82 billion dollars.

What are David Shaw's main sources of wealth?

David Shaw's main source of income comes from Hedge Funds.

In which industry does David Shaw primarily operate?

David Shaw is primarily involved in the Finance & Investments industry.

What is David Shaw educational background?

David Shaw holds a Doctorate from Stanford University and a Bachelor of Arts/Science from the University of California from San Diego.

How old is David Shaw?

David Shaw is 74 years old.

How many children does David Shaw have?

David Shaw has 3 children.

Who is David Elliot Shaw and what is he known for?

David Elliot Shaw is an American billionaire scientist and former hedge fund manager, known for founding D. E. Shaw & Co., a hedge fund company distinguished for its high-speed quantitative trading and use of advanced technology to capitalize on financial market inefficiencies.

What academic contributions has David Shaw made?

David Shaw is a former assistant professor in the computer science department at Columbia University, a senior research fellow at the Center for Computational Biology and Bioinformatics at Columbia, and an adjunct professor of biomedical informatics at Columbia's medical school.

How did David Shaw contribute to the US government's scientific advisory boards?

David Shaw was appointed by President Clinton to the President's Council of Advisors on Science and Technology in 1994 and again by President Obama in 2009, providing guidance on scientific, technical, and innovation issues.

What recognition has David Elliot Shaw received for his work in science and technology?

David Shaw has been elected to significant positions such as the board of directors of the American Association for the Advancement of Science, the American Academy of Arts and Sciences, the National Academy of Engineering, and the National Academy of Sciences, acknowledging his contributions to the field.

What are some personal details about David Elliot Shaw and his family?

David Elliot Shaw is married to journalist Beth Kobliner, practices Judaism, and is a member of the Stephen Wise Free Synagogue. He is a father to three children and resides in a large mansion in Westchester County, New York.