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Rank #152
Jeff Yass
$12000.0B
Haverford, Pennsylvania, United States
Finance & Investments
Biography
Yass is a cofounder of Susquehanna International Group, one of Wall Street's largest and most successful trading firms.
He went to SUNY Binghamton, became a pro gambler, then began trading on the Philadelphia Stock Exchange in 1981 backed by billionaire Israel Englander.
In 1987, he cofounded Susquehanna with a handful of partners; it's now a giant in options trading and making markets, with 2,000 employees worldwide.
It recruits and trains traders using poker tournaments to sharpen decision-making skills; its traders have won 3 World Series of Poker bracelets.
Susquehanna has invested in hundreds of private companies globally, including TikTok parent ByteDance and payments firm Payoneer.