Paul Tudor Jones was born on September 28, 1954 in Tennessee, USA. He finished primary school at the Presbyterian Day School. This school was a private Christian school and accepted only male students. He completed his high school education at Memphis University School. He began studying Economics at the University of Virginia. When he needed money for university, he wrote articles under the name “Eagle Jones” in a newspaper on trade/investment. Interestingly, Jones’ father was the owner of this newspaper.
After graduating from the university in 1976, he met with his uncle, who was a cotton trader. His uncle was the general manager of a large company. He had Jones meet with Eli Tullis, a commodity broker in New Orleans. As a result of these negotiations, Tullis hired Jones, and Jones worked in futures trading on the New York Cotton Exchange under Tullis’ consultancy. Eli Tullis fired Jones after he fell asleep at his desk after a night of partying in New Orleans.
After this bad experience, Jones wasted no time looking for a new job. And after a while E.F. He started working as a commodity broker at Hutton. After working here for four years, he decided he didn’t want to continue.
He founded Tudor Investment Corporation in 1980. Dunavant and Tullis were among Tudor’s first clients. In one of the Princeton, New Jersey-based Commodities Corporation’s first foreign investments, Jones had one of his first clients, $30,000 to manage a relatively unknown young sum at the time.
Paul Tudor Jones applied to Harvard Business School for graduate studies and was accepted. But he decided that this school would not add anything to him and gave up.
One of Paul Tudor Jones’ earliest and greatest achievements was his prediction of Black Monday in 1987, tripling his money due to large open positions during the event. He earned an estimated $100 million as a result of his transaction.
Alongside his own company, Jones served as chairman of the New York Cotton Exchange from 1992 to 1995. Today, he continues to manage his company. Jones is careful to accommodate diverse and diverse investment talents and strategies.
Paul Tudor Jones founded the Robin Hood Foundation in 1988 to work to alleviate the problems caused by poverty in New York City.
Unlike many investors, Jones trades only by looking at technical analysis. He traded by making futures transactions. Indicates that he is a trend follower. It uses a stock’s 200-day moving average and volume indicators.
According to Forbes 2020 data, he is among the 200 richest people in the world with a fortune of 5.1 billion dollars.