James Simons left behind a legacy in mathematics, finance and philanthropy, as well as a massive personal fortune and a yacht, when he passed away at age 86 last week.

The billionaire, who founded the extremely successful hedge fund Renaissance Technologies, built up a personal fortune worth $31.4 billion over the course of his lifetime and used billions of that money for charity, according to Forbes. His charitable organization, the Simons Foundation that he co-founded with wife Marilyn, provides funding for science, education, autism and other areas.

At one point in the 2000s, Simons reportedly used some of his wealth to acquire a yacht for himself. Outlets like the BBC and CNN have identified him over the years as the owner of the Feadship-built Archimedes.

CLICK HERE TO READ MORE ON FOX BUSINESS

The yacht, built in 2008, is about 222 feet long and can sail at speeds of up to 16 knots, per BOAT International. In 2018, it received a refit. 

The Plymouth Marine Laboratory said in mid-February that Simons and his wife were “support[ing] marine research in some of the most remote and least studied parts of the ocean” with the Archimedes. Scientists affixed a light-measuring instrument to the vessel to help with their research, according to the organization. 

JEFFERIES CEO RICH HANDLER CASHES IN MORE THAN $65M IN STOCK TO BUY YACHT

In March, the yacht received a Science & Discovery award at the YCM Explorer Awards in Monaco for its contributions to ocean exploration and research, a Feadship press release said.

FOX Business reached out to the Simons Foundation for comment regarding the yacht.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Simons and his wife together have dolled out charitable contributions totaling around $6 billion, Forbes reported. 

He left his role as chairman of Renaissance Technologies, which operates the Medallion Fund, back in 2021, over a decade after his retirement as the hedge fund’s CEO.

Read More 

Drew Barrymore’s home in the Hamptons has been listed for $8.45 million.

The 49-year-old actress purchased the house, which sits on 1.7 acres of land on Long Island, New York, in the ritzy Sagaponack village, for $5.5 million in 2019. 

Originally built as a barn in 1920, the primary residence was converted into a vacation house and underwent extensive renovations while Barrymore lived there – including many personal touches added by the “50 First Dates” star, per the Robb Report.

FROM ‘E.T.’ TO ENTREPRENEUR: INSIDE DREW BARRYMORE’S NEW CAREER

The 6,850-square-foot home boasts seven bedrooms with six full bathrooms and is located less than a mile away from the Atlantic Ocean. Kathy Konzet of Sotheby’s International Realty – East Hampton Brokerage holds the listing.

Despite renovations, the historic house includes many authentic details, including original wood beams, floors and open spaces, according to the listing.

The white-painted wood kitchen features glass-fronted cabinets, stainless steel appliances, terracotta tile flooring and an adjacent breakfast nook with a private deck.

The kitchen opens to a spacious living room with a brick wood-burning fireplace and a wraparound deck. The pale pink-painted dining area boasts a window seat and a rustic slanted ceiling with a skylight.

CLICK HERE TO READ MORE ON FOX BUSINESS

The primary suite features a built-in bookshelf and a private patio with double French doors. The house also includes a cozy media room and a home theater with built-in book cases.

The home’s main residence is connected to a separate guest house by an oversized rooftop wood deck. The guest house boasts a bedroom with a full bathroom, a living room and an office area.

The sprawling grounds feature a Gunite pool surrounded by a sun deck, a pool house, rolling lawns, flowering gardens, specimen trees and a bocce court.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

“Less than 1 mile from the ocean beach, this exceptional compound is in a premiere A+ location among the wide open scenic fields and beaches of iconic Sagaponack,” the listing noted.

Read More