Last Updated: August 10, 2023
Richest BusinessRichest Billionaires
Net Worth:
$7 Billion
Date of Birth:
1969 (54 years old)
Hedge fund manager
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    What is John Overdeck's net worth?

    John Overdeck is an American hedge fund manager who has a net worth of $7 billion. He is one of the richest people in New Jersey.

    John Overdeck earned his fortune as the co-founder and co-chairman of the New York City based hedge fund Two Sigma Investments. Two Sigma uses technology such as machine learning, artificial intelligence, and distributed computer to execute its trading strategies. The company has more than $60 billion in assets under management. That makes it the third-largest hedge fund in the world by assets.

    John Overdeck graduated from Stanford University and was a silver medalist at the International Mathematics Olympiad. He earned a bachelor's degree in math and statistics at Stanford before enrolling in Stanford's graduate school to earn a Ph.D in math.

    Before earning his degree, John was recruited away from Stanford to work for hedge fund D.E. Shaw & Co., where he soon rose to Managing Director of risk. One of his bosses at D.E. Shaw was a 30-year-old Jeff Bezos, who was then the company's youngest Vice President.

    Jeff Bezos left D.E. Shaw in 1994 to launch Amazon. One of the first people he hired to join him in Seattle at his e-commerce startup was John Overdeck. John spent two years at Amazon as a Vice President and technical advisor to Bezos. John was at Amazon during a crucial time in the company's history, which included its IPO in May 1997.

    After leaving Amazon, John took a few years off, presumably to enjoy his newfound Amazon IPO riches.

    In 2001 John co-founded Two Sigma Investments with David Siegel and Mark Pickard in 2001. Pickard retired in 2006.

    He is a philanthropist who is the director of the Robin Hood Foundation and established the Overdeck Family Foundation which gifted $1 million in 2018 to help fund research on education issues for the Woodrow Wilson School of Public and International Affairs.

    All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
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