But perhaps the most appalling part is the billions allocated to “foreign aid” — including handouts to the Jewish state and to others willing to yield to Jewish/Israeli demands. Guardian analysis shows Club for Growth has spent $20m supporting 42 rightwing lawmakers who voted to invalidate Biden victory, Last modified on Sat 16 Jan 2021 13.50 GMT. Trump official admits family separation policy 'should never have been implemented', Trump impeachment risks bogging down early days of Biden presidency. Jeffrey S. Yass is an American options trader, and a co-founder and managing director of the Philadelphia-based Susquehanna International Group. Cameos from Jeff Yass and Jim Chanos are good for a… PLUS 1; TOTAL POINTS FOR REAL: PLUS 15. Who is Jeffrey Yass? And while they were losing money, the trader who views the market as one big poker game was making billions... also with a “B.” His name is Jeff Yass and he runs the most successful options trading firm in the world: Susquehanna Investment Group. Jeffrey Yass was educated at public schools in Queens. Menu. Jeffrey Yass is a co-founder of Susquehanna International Group – headquartered in Philadelphia, Pennsylvania, a critical swing state – who has … If you’ve made billions of dollars, good on you. [5][6] He pursued graduate studies in economics at New York University,[6] but did not graduate. [2] The billionaire trader Israel Englander sponsored Yass for a seat on the Philadelphia Stock Exchange, and SIG was initially run from an office at the Exchange. As an aside, I've been to a bunch of proper fight nights and it has always been in good spirits, tons of fun and the fighters trained for months with the crowd respecting all - including great charitable causes. The Lincoln Project has said it would devote resources to putting pressure not just on Hawley, which the group accused of committing sedition, but also on his donors. This billionaire’s trading strategy was to use options probabilities. Jeff Yass was always a little different from his peers — a brilliant young man taken with poker and horse racing and the power of rational decision-making. [7] In 2015, Yass donated $2.3 million to a Super PAC supporting Rand Paul's presidential candidacy. Pennsylvania has a Jeffrey Yass problem. [11][12], In 2001, he appeared as one of 76 Revolutionary Minds in Philadelphia magazine. Yass grew up in a middle-class Jewish family in Queens, New York. While right-wing billionaires such as the Kochs, the DeVos family, and the Mercers have tended to dominate discussion of the corrupting influence of big money in politics, Pennsylvania has become a playground for Jeffrey Yass and his untold billions. And this billionaire’s trading strategy was to use options probabilities. US House votes to impeach Donald Trump for a second time – video report. Jeff Yass is an actor, known for Billions (2016). [3] Gerald Yass graduated with a BS from LIU Brooklyn in 1951, and worked as an accountant, rising to chairman of Datatab Inc, and later a co-founder of Philadelphia Trading, which became SIG. The Forbes 400 Richest Americans list has been published annually since 1982. Jeff Yass — $11,098,000 Estimated net worth: over $1 billion Yass, the managing director of investment firm Susquehanna International Group and a board member of the libertarian Cato Institute, supported Rand Paul’s presidential bid in 2015. In 2001, he joined the executive advisory council of the Cato Institute. [16], "Beating the Odds – Susquehanna International – Jeff Yass", "Susquehanna International Group LLP Stands To Make Billions Off TikTok", "LIU Brooklyn Alum Gerald Yass Endows Scholarship for Accounting Majors", "MIT Sloan Sports Analytics Conference Speaker | Jeffrey Yass", "Center for Monetary and Financial Alternatives", "Million-Dollar Donors in the 2016 Presidential Race", "Billionaires backed Republicans who sought to reverse US election results", "Bala CEO's $25 Million Contribution to Republican Candidates and Groups Makes Him One of America's Top Political Donors", "Jewish American tycoons are financing far-right policies in the US and Israel", "The U.S. billionaires secretly funding the right-wing effort to reshape Israel", "Margaret Coslett Obituary (2015) - Times Leader", "Port authority establishes world trade center memorial fund to aid victims and their families", https://en.wikipedia.org/w/index.php?title=Jeff_Yass&oldid=1014715247, People from Haverford Township, Pennsylvania, Articles with dead external links from October 2010, Creative Commons Attribution-ShareAlike License, This page was last edited on 28 March 2021, at 18:15. Billions (TV Series 2016– ) cast and crew credits, including actors, actresses, directors, writers and more. Jeff Yass was always a little different from his peers — a brilliant young man taken with poker and horse racing and the power of rational decision-making. Total … [2][3] He has a sister, Carole. While Uihlein and Yass have kept a lower profile than other billionaire donors such as Michael Bloomberg and the late Sheldon Adelson, their backing of the Club for Growth has helped to transform the organization from one traditionally known as an anti-regulatory and anti-tax pro-business pressure group to one that backs some of the most radical and anti-democratic Republican lawmakers in Congress. Uline CEO Richard Uihlein and his wife Elizabeth donated almost $40 million to Republicans. Moore denied the allegations. Susquehanna holds an immense stake in TikTok's newly controversial China-based firm. Jeffrey Yass, a trader who co-founded the Susquehanna International Group, is the lone libertarian on the list. It’s understandable if you hadn’t heard of Bala Cynwyd billionaire Jeffrey Yass before this month. Instead, it uses its funds to make “outside” spending decisions, like attacking a candidate’s opponents. Movies. The company was grounded on the basis of the six founders mutual love of poker and the notion that training for “probability-based” decisions could be useful in trading markets. The newly elected far-right gun-rights activist Lauren Boebert, a QAnon conspiracy theorist, is a beneficiary of the Club for Growth. See Jeff Yass's compensation, career history, education, & memberships. The Club for Growth’s biggest beneficiaries include Josh Hawley and Ted Cruz, above, the duo who led the effort to overturn the election result. The question for Susquehanna s how President Donald Trump’s campaign to force a sale of TikTok will play out. Richard Uihlein, the New York Times said, was known for underwriting “firebrand anti-establishment” candidates like Roy Moore, who Uihlein supported in a Senate race even after it was alleged he had sexually abused underage girls. Campaign finances more complicated than Claire McCaskill says The 10 Biggest Political Donors And How They Got Rich; Jeff Yass Wikipedia 2020; Beating the Odds Jeff Yass [2] His father, Gerald Yass, also helped to found the company. Pennsylvania has a Jeffrey Yass problem. Dozens of the Republicans supported by Club for Growth voted to challenge the election results even after insurrectionist stormed the Capitol, which led to five deaths, including the murder of a police officer. That year, it also spent $1.2m to attack the Texas Democrat Beto O’Rourke, who challenged – and then narrowly lost – against Cruz. Yass of Susquehanna International, who is listed on public documents as having donated $20.7m to the Club for Growth in 2020 and $3.8m in 2018, also declined to comment. And while they were losing money, the trader who views the market as one big poker game was making billions – also with a B. [2], Yass is a member of the executive advisory council of the libertarian Cato Institute. One of the six, Jeff Yass, had the insight that card skills could transfer to Wall Street. In 2018, Club for Growth spent nearly $3m attacking the Democratic senator Claire McCaskill in Missouri, a race that was ultimately won by Hawley, the 41-year-old Yale law graduate with presidential ambitions who has amplified Donald Trump’s baseless lies about election fraud. Jeff Yass is Managing Director/Co-Founder at Susquehanna Intl Group LLP. Discord Wants to Go Public or Sell to Company Like Microsoft for $10 Billion: Report Slim chance CBN's MPC bold enough to tweak rates Experts welcome SBP's monetary policy decision, but piqued over volatile inflation out-turn - Daily Times Aggregate ownership by 13F filers in cloud data warehousing company Snowflake rose by 14.1% in the fourth quarter from the sequential third quarter, with Jeff Yass… In a 2020 conference on the business of sports betting, Yass said sports betting was a $250bn industry globally, but that with “help” from legislators, it could become a trillion-dollar industry. Galen said he believed groups such as the Club for Growth now served to cater to Republican donors’ own personal agenda, and not what used to be considered “conservative principles”. Jeff Yass, Actor: Billions. Campaign finance records compiled by OpenSecrets.orgshow that on June 19, Jeff Yass gave $1 million to America's Liberty, a super PAC that supports Paul. Yass, who is described in some media accounts as a libertarian, also donated to the Protect America Pac, an organisation affiliated with Republican senator Rand Paul. Jan 09, 2021 Jeff Yass was always a little different from his peers — a brilliant young man taken with poker and horse racing and the power of rational Jeff Yass Wikipedia 2020 Jeffrey S. Yass is an options trader, managing director and one of the five founders of the Philadelphia-based Susquehanna International Group . [8] In 2018 he donated $3.8m to the Club for Growth, and $20.7m in 2020. ... Beal dropped out of college to play poker and made enough in winnings to start what is now the billion dollar Texas-based Beal Bank. Jeffrey S. Yass (born 1956) is an American options trader, and a co-founder and managing director of the Philadelphia-based Susquehanna International Group (SIG). [13], He is married to Janine Coslett. Jeffrey Yass, a trader who co-founded the Susquehanna International Group, is the lone libertarian on the list. Jeff Yass, Susquehanna International Group. [10], In March, 2021, an investigation in Haaretz said that Jeff Yass and Arthur Dantchik were behind a large portion of the donations to the Kohelet Policy Forum in Israel. As I always say, it's all about the probabilities. [10] They have four children, two sons and two daughters. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. Jeffrey Yass is a cofounder of trading firm Susquehanna ... $33.9 billion. In the 2016 cycle he gave $2.8 million to Kentucky Sen. Rand Paul’s campaign . Used to be good but I'm afraid it has jumped the shark. And while they were losing money, the trader who views the market as one big poker game was making billions... also with a “B.” His name is Jeff Yass and he runs the most successful options trading firm in the world: Susquehanna Investment Group. A 2009 profile of Yass in Philadelphia magazine described how secrecy pervades Susquehanna, and that people who know the company say “stealth” is a word often used to describe its modus operandi. Another top contributor is Jeff Yass, the publicity-shy founder of Susquehanna International Group. The Pac’s website falsely claims that Democrats stole the 2020 election. An anti-tax group funded primarily by billionaires has emerged as one of the biggest backers of the Republican lawmakers who sought to overturn the US election results, according to an analysis by the Guardian. It includes many of the usual nifty’s, like $4 billion for New York’s mass transit authority, and $15 billion for “live entertainment venues” like Broadway. In the last six years, Yass has given $43 million to Republican candidates nationwide and GOP-oriented political action committees. Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion Aug 28, 2018, 01:45pm EDT The $4 Billion Crypto Billionaire Who No One Has Heard Of And he was doing it using probabilities. Yass of Susquehanna International, who is listed on public documents as having donated $20.7m to the Club for Growth in 2020 and $3.8m in 2018, also declined to comment. Public records show that Richard Uihlein, whose family founded Schlitz beer, donated $27m to the Club for Growth in 2020, and $6.7m in 2018. The Club for Growth has supported the campaigns of 42 of the rightwing Republicans senators and members of the House of Representatives who voted last week to challenge US election results, doling out an estimated $20m to directly and indirectly support their campaigns in 2018 and 2020, according to data compiled by the Center for Responsive Politics. A spokesman for the Uihleins declined to comment. Uihlein and his wife Elizabeth are worth about $4 billion. The Club for Growth has so far escaped scrutiny for its role supporting the anti-democratic Republicans because it does not primarily make direct contributions to candidates. The Republican senator Pat Toomey, who used to lead the group, has recently suggested he was open to considering voting for Trump’s impeachment, and criticised colleagues for disputing election results. Other legislators supported by Club for Growth include Matt Rosendale, who this week called for the resignation of fellow Republican Liz Cheney after she said she would support impeachment of the president, and Lance Gooden, who accused Pelosi of being just as responsible for last week’s riot as Trump. The article suggested Yass was largely silent about his company because he does not like to share what he does and how, and that those who know him believe he is “very nervous” about his own security. This is a list of wealthy Americans ranked by net worth.It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index.. Amazon CEO Jeff Bezos and novelist MacKenzie Bezos made 60% of … Rebecca is determined to take over Saler’s, the department store Axe likened to “a wheezing elephant ready to stumble to its knees” in Episode 7 Infinite Game.She now has 8% of the shares but needs to go over 10% to force the takeover vote so is pushing her broker to find her the shares she needs. In 2001, he joined the executive advisory council of the Cato Institute. In the 2016 cycle he gave $2.8 million to Kentucky Sen. Rand Paul’s campaign. Editor’s Update February 1, 2021: Billionaire Jeffrey Yass is one of the founders and now Managing Director at trading powerhouse, Susquehanna International Group (SIG). Yass is one of six founders of Susquehanna, called a “crucial engine of the $5tn global exchange-traded fund market” in a 2018 Bloomberg News profile. While right-wing billionaires such as the Kochs, the DeVos family, and the Mercers have tended to dominate discussion of the corrupting influence of big money in politics, Pennsylvania has become a playground for Jeffrey Yass and his untold billions. Its current head, David McIntosh, is a former Republican member of Congress who accompanied Trump on a final trip to Georgia last week, the night before Republican candidates David Perdue and Kelly Loeffler, both heavily supported by the Club for Growth, lost runoff elections to their Democratic opponents. He also has given $250,000 to Concerned American Voters, another super PAC that supports Paul. [14][15] They have lived in Haverford in Lower Merion Township, Pennsylvania for some years. J eff Yass, the billionaire financial trader in Bala Cynwyd, is showing some buyer’s remorse over his massive financial support for Republican politicians who have decried the presidential election as stolen. A local billionaire has a revolutionary idea that would overhaul public education in Philadelphia. Major beneficiaries of his largesse include Save the Children and the Cato Institute, a … Neither the Club for Growth nor McIntosh responded to requests for comment. That's part of how Donald Trump can say his net worth is $8.7 billion while Jeff Yass gave $1 million to America's Liberty, a super PAC that supports Paul. And that is not the case. Susquehanna’s Dublin-based company, Nellie Analytics, wagers on sports. [3] As of 2018, he still works for SIG, as a senior executive and advisor.[3]. The Club for Growth’s biggest beneficiaries include Josh Hawley and Ted Cruz, the two Republican senators who led the effort to invalidate Joe Biden’s electoral victory, and the newly elected far-right gun-rights activist Lauren Boebert, a QAnon conspiracy theorist. About 30 of the Republican hardliners received more than $100,000 in indirect and direct support from the group. Boebert was criticised last week for tweeting about the House speaker Nancy Pelosi’s location during the attack on the Capitol, even after lawmakers were told not to do so by police. His name is Jeff Yass and he runs the most successful options trading firm in the world, Susquehanna Investment Group. Public records show the Club for Growth’s largest funders are the billionaire Richard Uihlein, the Republican co-founder of the Uline shipping supply company in Wisconsin, and Jeffrey Yass, the co-founder of Susquehanna International Group, an options trading group based in Philadelphia that also owns a sports betting company in Dublin. The co-founder of Susquehanna Investment Group (SIG), Jeff Yass, presented his bold initiative at Philadelphia Magazine’s Thinkfest. [1] He is the son of Gerald Yass, and his "childhood sweetheart" Sybil, who was at his bar mitzvah. They believe that their hyper-wealth grants them the ability to not be accountable. Uihlein and his wife, Liz, have been called “the most powerful conservative couple you’ve never heard of” by the New York Times. While entertaining billions has become no better than a soap opera. The Philly; Beating the Odds Jeff Yass; Jeff Yass, Susquehanna Intl Group LLP; wealthy Americans funding politics, ranked by size of ; Why US billionaires may not be able to buy the 2016 election; Will ETFs, their prices dependent on hedge fund billions, stay ; Jeff Yass Biography, Age, Height, Wife, Net Worth, Family The Club for Growth has changed markedly as the group’s leadership has changed hands. “Here’s the thing about the hyper wealthy. Watch Billions Season 4 Premiere Promo The world of high finance is explored by tracking the approaching collision between a savvy U.S. Attorney and … Whilst at the State University of New York in Binghamton in the 1970s, Yass and five fellow students became friends and later co-founded Susquehanna International Group (SIG). But that doesn’t make you any less accountable for funding anti-democratic or authoritarian candidates and movements,” said Reed Galen, a former Republican strategist who co-founded the Lincoln Project, the anti-Trump campaigners. [9], In November 2020, it was reported that Yass had donated $25.3 million, all to Republican candidates, and one of the ten largest political donors in the US. [4] He earned a BA in mathematics and economics from Binghamton University.