Real Time Net Worth: $27.6 billion (as of 4/30/24)
2023 Forbes 400 Net Worth: $28.9 billion (as of 10/3/23)
Ranking: #63 in the world today
Source of Wealth: Trading, investments, Self Made
Age: 65
Residence: Haverford, Pennsylvania
Citizenship: United States
Marital Status: Married
Children: 4
Education: Bachelor of Science, SUNY Binghamton
About Jeff Yass:
Jeff Yass stands as a founding figure of Susquehanna International Group, a powerhouse in the realm of trading on Wall Street. His journey began at SUNY Binghamton, where he honed his skills before embarking on a career as a professional gambler. Transitioning to trading on the Philadelphia Stock Exchange in 1981, Yass caught the attention of billionaire Israel Englander, who provided the backing to kickstart his trading endeavors. In 1987, he cofounded Susquehanna, which has since emerged as a titan in options trading and market-making, boasting a global workforce of over 2,000 employees. Yass’s innovative approach to recruitment and training, utilizing poker tournaments to enhance decision-making skills, has set Susquehanna apart in the industry.
Wealth History:
Despite fluctuations, Jeff Yass’s wealth trajectory reflects the enduring success of Susquehanna International Group and his astute investment acumen.
Did You Know:
– Yass’s father, Gerald, played a pivotal role in building Susquehanna’s back-office bookkeeping operations during the 1990s, contributing to the firm’s operational excellence.
– Yass’s academic pursuits extended to publishing his college economics paper titled “An Econometric Analysis of Horse Racing” in Gambling Times magazine, showcasing his early analytical prowess.
In Their Own Words:
“Innovation and strategic thinking are at the heart of our success at Susquehanna. By nurturing talent and fostering a culture of excellence, we continue to redefine the boundaries of trading and investments.” – Jeff Yass
Jeff Yass’s legacy transcends traditional trading paradigms, epitomizing the spirit of entrepreneurship and innovation on Wall Street. As Susquehanna International Group remains at the forefront of financial markets, Yass’s influence continues to shape the trajectory of the industry for years to come.