David Siegel
David Siegel is a recognized computer scientist, entrepreneur, and philanthropist. He is the Co-Founder and Co-Chairman of Two Sigma, a quantitative investing powerhouse with $60 billion in assets under management. Prior to co-founding Two Sigma, he served as Chief Technology Officer and Managing Director at Tudor Investment Corporation. He also worked alongside Jeff Bezos at D.E. Shaw & Co and became the company's first Chief Information Officer. David is the Founder of Siegel Family Endowment, a charitable foundation that supports organizations and leaders that will understand and shape the impact of technology and society. His philanthropic efforts underscore his conviction that education, science, and technology are the keys to a better world.
David Siegel Professional Experience / Academic History
Professional Experience
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Co-Founder and Co-Chairman
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Chief Information Officer
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Managing Director and Chief Technology Officer
Academic History
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Ph.D., Computer Science
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B.S.E., EECS
Siegel co-founded Two Sigma in 2001 with John Overdeck and Mark Pickard, now retired.
He co-founded Two Sigma on the belief that innovative technology and data science could help discover value in the world’s data.
Today, Two Sigma, through its use of algorithms and with its unique culture, drives transformations in many industries including investment management and insurance.
CURRENT AFFILIATIONS
Chairman and Board of Overseers, Cornell Tech
Board Member, Carnegie Hall
Global Advisory Board, Khan Academy
Advisory Group, Task Force on the Work of Future
Founding Chair, MIT Quest
Advisory Board, Stanford's Center of Philanthropy and Civil Society
Advisory Council, Princeton's Center on Information Technology Policy
RECOGNITION
2024 Forbes Billionaires
2023 Forbes 400
2019 Forbes Highest-Earning Hedge Fund Managers
2019 Institutional Investors' Lifetime Achievement Award
2017 Academy of Achievement Golden Plate Award
2016 FIRST John C. Whitehead Leadership Award
PHILANTHROPY
He founded Siegel Family Endowment to support organizations working at the intersections of learning, workforce, and infrastructure.
The foundation partners with leaders in civil society, academia, government, and social enterprise on knowledge-building projects that prioritize inquiry-driven approaches.
His foundation supports education and research programs like the New York Hall of Science and Library For All.
In 2014, he co-founded the Scratch Foundation to support Scratch, a block-based programming language and online community for kids.
EARLY LIFE & CAREER
He was drawn to computer science at a young age and developed a deep interest in programming.
Earlier in his career, he founded FarSight Financial Services, the first integrated personal financial services website.
FarSight performed the first retail stock trade on the Internet and was acquired by Merrill Lynch.
In 1999, he founded Blink.com, a web-based browser bookmark storage, organization, and sharing service which was later sold to the Vendare Group.
MEDIA & PUBLICATIONS
Siegel writes and speaks frequently about the relationship between technology and society.
He has been featured or quoted in Forbes, Bloomberg, Business Insider, The Wall Street Journal, Fortune, Institutional Investor, CNBC, the Milken Institute, and The New York Times.
He has written for Business Insider, The New York Times, and the Financial Times on topics including machine learning, the future of work, and the impact of algorithms used by search and social media companies.