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Minsker Hits Bloomberg’s Top 50 People Who Changed The World In 2017

Igor Tulchinsky got into the Bloomberg’s list of 50 executives, entrepreneurs, experts, and entertainers whose 2017 merits deserve applause and recognition.

Rising star of quant hedge funds

Igor Tulchinsky is the founder and CEO of WorldQuant LLC, a global $5 billion quantitative investment firm.

The 51-year-old built an empire spanning more than 600 employees in 26 offices around the world.

The company has launched a joint venture with Millennium Management, one of the biggest hedge funds on Wall Street with $34 billion under management.

The venture will manage outside capital from some of the world’s largest institutional investors, that are set to kick in $200 million to $300 million each.

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It started the year with 4 million predictive trading algorithms and expects to have 6 million more in its library by yearend.

In the past year alone, WorldQuant has added an additional 100 staffers and opened offices from Cambridge, Mass., to Ho Chi Minh City.

Background

Igor Tulchinsky was born in 1966 in Minsk, Belarus, in a family of musicians. His father Alexander crafts violins, his mother Rimma is a pianist.

They emigrated from the USSR to the USA with their son in 1977.

Igor holds an M.S. in computer science from the University of Texas, completed in a record nine months.

Besides, he has an M.B.A. in finance and entrepreneurship from the Wharton School of Business.

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He worked as a venture capitalist, scientist at AT&T Bell Laboratories, video game programmer and author.

The prodigy also founded WorldQuant Ventures, an angel investment firm focused on technology and data companies.

His WorldQuant Foundation offers scholarships to outstanding students committed to pursuing higher-quality education in science and quantitative studies.

Believing that that education should be free and accessible for all, he has founded WorldQuant University, which offers a tuition free open online master degree program in Financial Engineering.

Sources: Bloomberg.com, TUT.BY