RedCarpetLife
28
In the world today
Jeff Yass

Jeff Yass

J. Yass
11.23% | + $6.63B
$65.65 B ₹ 5.97 Lk Cr
Real Time Net Worth #28 Ranking as of 21 Feb 2026 By Forbes

More on Jeff Yass

Gender

Male

Age

68Y

Country

United States

Born On

January, 1958

Deceased

No

Relationship Status

Married

Children

4

Education

SUNY Binghamton - Bachelor Of Arts/Science

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Financial Trading)

Primary Organization

Susquehanna International Group

Titles

Co-Founder

Sources of Wealth

Susquehanna International Group

Industry

Finance, Investments, Technology

About Jeff Yass


J eff Yass is an American billionaire and one of the co-founders of Susquehanna International Group (SIG), one of the world's largest and most secretive quantitative trading firms. He is a key figure in the world of high-speed, algorithmic trading. He and his partners, who were expert poker players, founded the firm in 1987 and applied the same principles of game theory and statistical analysis to the financial markets, particularly in options trading.

He has been the visionary leader behind SIG's growth into a global market-making and proprietary trading powerhouse. The firm is known for its highly analytical and competitive culture. In addition to its core trading business, SIG has a major and highly successful private investment and venture capital arm, which was a very early and massive investor in the Chinese company ByteDance, the parent of the social media giant TikTok. This single investment has added tens of billions to the firm's value. Yass is also a major donor to libertarian and conservative political causes.

Advertisement

Quick Reads


  • A co-founder of the quantitative trading firm Susquehanna International Group (SIG).
  • SIG is a major global proprietary trading firm specializing in options.
  • The firm is famous for applying poker strategy to financial markets.
  • A massive and highly profitable early investor in ByteDance, the parent of TikTok.
  • A major and influential donor to libertarian political causes.

Early Life and Background


Jeffrey 'Jeff' S. Yass is an American businessman, the self-made billionaire Co-founder and Managing Director of Susquehanna International Group (SIG), one of the largest and most successful quantitative trading firms in the world. Born in Queens, New York, in 1958, his career is defined by his mastery of mathematics, game theory, and probabilistic thinking.

Yass graduated with a degree in Mathematics from SUNY Binghampton. His philosophy centers on the conviction that financial trading is a game of odds that can be solved with mathematical and statistical analysis. His early career began as a professional gambler, leveraging his mathematical skills to play poker and bet at racetracks in Las Vegas, an experience that laid the foundation for his trading success.

  • Susquehanna International Group (SIG) (Co-founder & Managing Director): The core private asset, one of the largest quantitative trading firms in the world, specializing in options, convertible bonds, and derivatives.
  • Gambling Career: He worked as a professional gambler (poker, horse racing), applying game theory and probability to betting.
  • Political Focus: He is a major political donor to the Republican Party (supporting Donald Trump and conservative causes) and is one of the largest U.S. shareholders of TikTok (China).
  • Investment Strategy: His philosophy: always bet against the mark (a professional poker mantra applied to the options market).

Career Journey of Jeff Yass


Jeff Yass, with his college friends, pooled their money to become professional poker players in Las Vegas. He returned to New York and, in 1987, co-founded Susquehanna International Group (SIG). His strategic genius was applying his quantitative skills and game theory to the options and derivatives markets, institutionalizing trading with proprietary algorithms. SIG made $30 million on puts during the October 1987 market crash, cementing its early reputation.

His structural contribution is tied to the successful monetization of statistical arbitrage and liquidity provision in complex financial markets. He is also a major investor in TikTok (which he invested in early) and a key figure in U.S. political spending, making him one of the most influential men on Wall Street. His wealth is tied to the colossal, long-term, superior returns generated by SIG's quantitative trading models.

Advertisement

Jeff Yass's Timeline


1981:

Buys a seat on the Philadelphia Exchange for $30,000 (Pivotal Event).

1987:

Co-founds Susquehanna International Group (SIG); SIG makes $30 million during the October market crash (Founding/Milestone).

1990s:

SIG institutionalizes its quantitative trading models (Growth Apex).

Ongoing:

Becomes a major investor in TikTok (Technology Investment).

Ongoing:

Continues as Managing Director, guiding the global quantitative giant (Executive Oversight).

Major Business Ventures and Investments


Jeff Yass's wealth is concentrated in his founding equity and continued executive leadership of the private quantitative trading giant, Susquehanna International Group (SIG).

  • Susquehanna International Group (SIG) (Co-founder & Managing Director): The core private asset, one of the largest quantitative trading firms in the world, specializing in options, convertible bonds, and derivatives.
  • Gambling Career: He worked as a professional gambler (poker, horse racing), applying game theory and probability to betting.
  • Political Focus: He is a major political donor to the Republican Party (supporting Donald Trump and conservative causes) and is one of the largest U.S. shareholders of TikTok (China).
  • Investment Strategy: His philosophy: always bet against the mark (a professional poker mantra applied to the options market).

Advertisement

Philanthropy and Social Impact


Jeff Yass's social impact is structural, stemming from SIG's role as a major provider of market liquidity and efficiency in the global derivatives markets. His political spending is a massive structural contribution to conservative political causes and policy debates (particularly over school choice).

His personal philanthropy supports various educational and community initiatives. His career is a testament to the profitability of disciplined quantitative analysis and leveraging the principles of game theory for financial success.

Fashion, Style, and Lifestyle


Jeff Yass maintains the professional, pragmatic style of a financial executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects stability and immense financial authority, typical of a leader in the secretive world of quantitative trading.

Residing in Philadelphia, Pennsylvania, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to quantitative finance, investment strategy, and his profound commitment to Republican politics and conservative policy.

Advertisement

Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the co-founder of Susquehanna International Group (SIG), one of the largest quantitative trading firms in the world.
  • He was a professional gambler who applied game theory to stock trading.
  • SIG made $30 million during the October 1987 market crash.
  • He is one of the largest U.S. shareholders of TikTok.
  • He is a major political donor to the Republican Party.
  • He holds a degree in Mathematics from SUNY Binghampton.
  • His philosophy is based on the professional poker mantra: always bet against the mark.

Advertisement

More Profiles


Catherine Malone

-0.27% | -$3.46M

Aydin Dogan

-0.04% | -$0.46M

You May Like


Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

Sponsored Content