David Shaw Net Worth: David Shaw is an American computer expert and biochemist who has a net worth of $3.8 billion. Born David Eliot Shaw on 29 March 1951, he made his fortune as founder of a hedge fund company D.E. Shaw & Co., which employs mathematical computer-driven algorithms for securities trading. His firm is a pioneer in high-speed quantitative trading, thus Shaw is known as "King Quant". A graduate of the University of California who also has a PhD from Stratford University (1980), he joined Columbia University's Department of Computer Science, where he made research in massively parallel computing. After six years, Shaw started to work for Morgan Stanley, and two years later, he launched his own firm, D.E. Shaw & Co. He was twice appointed to the President's Council of Advisors on Science and Technology, first by President Clinton (1994) and second by President Obama (2009). Since 2001, Show turned his work to scientific research in computational biochemistry. He currently serves as the Chief Scientist of D.E. Shaw Research.