#30

Jeff Yass

$67.4B

us

Passive income at 5% annual return

Since you arrived

$0.00

Per second

$107.00

Per minute

$6,415

Per hour

$384,903

Per day

$9,237,671

Wealth in context

Median US salary
9.3 minutes($59,384)
Average US home price
1.1 hours($420,800)
Teacher's annual salary (US avg)
10.8 minutes($69,544)

Time to earn each amount through passive income at 5% annual return on $67.4B net worth.

Biography

Jeff Yass is a cofounder of Susquehanna International Group, one of Wall Street's largest and most successful trading firms.

He went to SUNY Binghamton, became a pro gambler, then began trading on the Philadelphia Stock Exchange in 1981 backed by billionaire Israel Englander.

In 1987, he cofounded Susquehanna with a handful of partners; it's now a giant in options trading and making markets, with more than 3,000 employees worldwide.

It recruits and trains traders using poker tournaments to sharpen decision-making skills; its traders have won 3 World Series of Poker bracelets.

Susquehanna has invested in hundreds of private companies globally, including TikTok parent ByteDance, its most valuable holding based on Forbes reporting.

About

In the 1990s, Yass' father Gerald helped build Susquehanna's back-office bookkeeping operations.

For a college economics class, Yass wrote a final paper titled, "An Econometric Analysis of Horse Racing," that he eventually published in Gambling Times magazine.

Details

Gender: m
Citizenship: us
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