Who Is Businessman Robert Mercer? His Bio and Age
Robert Leroy Mercer was born on 11 July 1946, in San Jose, California USA, so his zodiac sign is Cancer and he is 72 years old. He is best known as a scientist and the developer of the Renaissance Technologies. In addition, he is renowned for playing one of the most important roles of Brexit, doting services to Nigel Farage, and is one of the key supporters of Donald Trump and the Republican party.
Net Worth and House
So just how rich is Robert Mercer as of mid-2018? According to authoritative sources, this businessman has net worth of $900 million, accumulated from his career in the mentioned field. Furthermore, his assets include a luxurious yacht worth $75 million, and a house located in Head of the Harbor, New York.
Children and Family
In the beginning of his career, Mercer worked at IBM Research and with Thomas J. Watson Research Center in Yorktown, New York, developing Brown clustering. In 1993 he joined hedge fund Renaissance Technologies, having been recruited by Nick Patterson, and alongside Peter Brown, became a co-CEO when James Harris Simons retired in 2009. As of June 2014, he was rewarded with the Association for Computational Linguistics Lifetime Achievement Award – that year, Medallion, the main fund of the company, managed $25 billion in assets. In late 2017, Robert announced that he would retire from his position in the company. However, he is a director of eight companies in Paradise Papers, with some of his companies suspected of legally avoid US taxes, whatever that means in practise.
In 2015, the businessman was named one of the ten most influential billionaires in politics. Speaking about his views in that field, he is a Republican and has donated over $30 million to the party. He funded Breitbart News, giving at least $10 million to that media, but Mercer also funded Black Americans for a Better Future with $400,000, and as of the most recent past, has donated money to the same Super PAC. Although he is a supporter of President Trump as of today, Robert, including his family, were supporters of Ted Cruz at first. However, his ultimate political goals are still a mystery, as he has never spoken openly about them and Bloomberg described him as “He’s tight-lipped, even with his friends. That’s made him an object of intense speculation. Some allies privately say they think he’s pro-life and opposed to gay marriage, and others say the opposite”.
Robert received a backlash when he became an activist for the campaign to pull the UK out of EU. Reportedly, Mercer donated the services of data analytics to Nigel Farage, the leader of the United Kingdom Independence Party, but UKIP apparently didn’t inform the UK electoral commission of the donation.