Jeff Yass | |
|---|---|
| Born | Jeffrey Steven Yass July 1958 (age 66) Queens, New York City, U.S. |
| Education | Binghamton University (BA) New York University |
| Political party | Registered Libertarian; donates primarily to Republican candidates and causes |
| Spouse | Janine Coslett Yass |
| Children | 4 |
Jeffrey Steven Yass (born July 1958) is an American billionaire businessman. According to Forbes, Yass had a net worth of $27.6 billion in April 2024[1] which grew to $49.6 billion by September 2024[2] and is the richest man in Pennsylvania.[3] He is a registered Libertarian[4] who gives money to conservative super-PACs including Club for Growth Action and the Protect Freedom Political Action Committee.[3] He and his wife Janine Yass are supporters of school choice, a cause to which they have donated tens of millions of dollars.[5]
He is the co-founder and managing director of the Philadelphia-based trading and technology firm Susquehanna International Group (SIG) and a major investor in TikTok.[6] After Yass and U.S President Trump met in March 2024, Trump went from supporting a ban on TikTok to opposing a ban.[6] In 2002, Yass joined the executive advisory council of the Cato Institute[7][8] and now is a member of the executive advisory council.[9] He donated approximately $100M during the 2024 US election cycle to Republican groups and campaigns.[10]
- ^ LaFranco, Rob; Chung, Grace; Peterson-Withorn, Chase (eds.). "Forbes World's Billionaires List The Richest in 2024". Forbes. Retrieved April 30, 2024.
- ^ "Jeff Yass | Real Time Net Worth". Forbes. Retrieved September 16, 2024.
- ^ a b Tindera, Michela (April 16, 2021). "This Secretive Billionaire Is One Of America's Biggest Conservative Donors". Forbes.
- ^ Stephen Caruso, Pa.'s richest person has spent at least $18 million on the 2022 primary — mostly to influence one issue, Spotlight PA (May 16, 2022).
- ^ Wolfman-Arent, Avi (January 26, 2021). "As the Trump era ends, the school choice movement reckons with its conservative ties". WHYY.
- ^ a b Ulmer, Alexandra (March 21, 2024). "Republican trading firm owner and TikTok investor Yass emerges as top donor in US election". Reuters.
- ^ "Board of Directors". Cato Institute. 2006. Archived from the original on August 17, 2005. Retrieved September 15, 2006.
- ^ Segal, Geoffrey F.; Samuel R. Staley (September–October 2002). "News Notes" (PDF). CATO Policy Report. Cato Institute. p. 13. Archived from the original (PDF) on April 29, 2003. Retrieved September 15, 2006.
- ^ "Center for Monetary and Financial Alternatives". Cato Institute. Archived from the original on January 24, 2021. Retrieved January 17, 2021.
- ^ "Who are the Biggest Donors?". www.opensecrets.org. Retrieved January 22, 2025.