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James Simons’ $100M Luxury Superyacht Spotted in St. John’s

July 19, 2017adminUncategorizedNo Comments
Amazing 68m Superyacht Archimedes was spotted in St. Johns waterfront last week.

This superyacht, which docked in St. John’s Thursday, is owned by an American billionaire. (Gary Locke/CBC)

Motor yacht Archimedes was built by Feadship in Netherlands at their De Kaag shipyard, she was delivered to her owner in 2008. John Munford Yacht Design is responsible for her beautiful exterior and interior design.
Archimedes can accommodate 16 guests in 8 cabins, comprising a master suite, 4 double cabins and 3 twin cabins. She is also capable of carrying up to 18 crew onboard to ensure a relaxed luxury yacht experience.
Powered by 2 Caterpillar 1,998hp diesel engines and propelled by her twin screw propellers Motor yacht Archimedes is capable of a top speed of 16 knots, and comfortably cruises at 12 knots.

Archimedes is named after the Greek mathematician Archimedes of Syracuse,  known as the leading scientists and mathematician in the classical antiquity.
Like her owner James Harris “Jim” Simons, an award-winning mathematician. He is also a former Cold War code breaker, which specialises in systematic trading using only quantitative models derived from mathematical and statistical analyses, who founded the hedge fund management company Renaissance Technologies in 1982. Renaissance is one of the first highly successful hedge funds using quantitative trading—known as “quant hedge funds”—that rely on powerful computers and sophisticated mathematics to guide investment strategies. 
As reported by Forbes, his net worth as of June 2017 is estimated to be $18 billion, while in the previous year, it was $15.5 billion.
James Harris “Jim” Simons is also a very active philanthropist. He founded the Simons Foundation, a charitable organisation which supports projects related to education and health, in addition to scientific research. As reported, the billionaires have given away $2.1 billion to charity, chairs Math for America, and supports autism research
 Simons also owns a US$ 70 million G650 private jet with registration N773MJ. The MJ refers to Marilyn and James. Marilyn is James’ wife. The jet was built in 2013 and has a list price of US$ 70 million. 

M/Y Archimedes - Panama Canal Transit

 

 

 

 

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