BillionaireNet
Dinning
Anne Dinning
Rank #3110
UNITED STATESFinance & InvestmentsHedge funds

Anne Dinning

Net Worth
$1.006B
0% (24h)
Anne Dinning is a prominent figure in the hedge fund industry, known for her role as a managing director and a member of the Executive Committee at D.E. Shaw, a leading quantitative investment firm. With a career spanning several decades, Dinning has played a key role in the firm's growth, contributing significantly to its investment strategies and shaping its culture. She is a self-made billionaire with a net worth estimated at $1.0 billion, drawing her wealth primarily from hedge funds. Dinning's achievements include leading various investment strategies and serving on the boards of several philanthropic organizations.

The Full Dossier

Early Life and Education

Anne Dinning was born and raised in Seattle, Washington. She pursued her passion for computer science, earning a Bachelor's degree from the University of Washington in 1984. She furthered her education by obtaining a Ph.D. in computer science from New York University's Courant Institute of Mathematical Sciences.

Rise to Success

Dinning's career took off when she joined D.E. Shaw in 1990. She was one of the early employees, drawn by the opportunity to develop software for a pioneering quantitative investment firm. She quickly advanced through the ranks, becoming a managing director and a key member of the Executive Committee. Dinning played a crucial role in shaping the field of quantitative finance. She led several investment strategies, including those focused on energy, benchmark-relative equities, and long-short equities. Under her leadership, the firm grew significantly. Dinning briefly retired in 1999 and returned in 2002, as the firm transitioned day-to-day management.

Key Business Strategies

At D.E. Shaw, Dinning was involved in developing and implementing sophisticated quantitative investment strategies. The firm's approach is based on mathematical models. This systematic and data-driven approach has been central to its success. Dinning's focus on technology and innovation has been a key strategy, helping the firm to stay ahead in a competitive industry.

Philanthropy

Dinning is actively involved in philanthropy, dedicating her time and resources to various causes. She serves on the boards of organizations such as the Robin Hood Foundation, which combats poverty in New York City. She is also involved with Partners in Health, which provides medical care in underserved communities, and Math for America, which works to improve math education. Dinning has donated over $300 million to her Corabelle Lumps Foundation, which supports Partners in Health and the Robin Hood Foundation.

Career Timeline

2023

Diamond Award

Recognized with a Diamond Award from the University of Washington College of Engineering.

2017

Senior Leadership Role

Transitioned to a senior leadership role as a Managing Director.

2007

President's Working Group

Appointed to the Asset Managers' Committee of the President's Working Group on Financial Markets.

2006

Industry Leadership Award

Received the Industry Leadership Award from 100 Women in Hedge Funds.

2002

Rejoined D.E. Shaw

Returned to D.E. Shaw as a Managing Director, after a brief retirement.

1995

Managing Director

Appointed as Managing Director, overseeing the firm's worldwide asset management activities.

1990

Joined D.E. Shaw

Began working at D.E. Shaw as an early employee, starting as a quantitative researcher.

Philanthropic Impact

Poverty Alleviation$XB

Robin Hood Foundation

Serves on the board of directors of the Robin Hood Foundation, which targets poverty in New York City.

Healthcare$XB

Partners In Health

Involved with Partners in Health, which helps provide medical care to patients in poor communities.

Education$XB

Math for America

Serves on the board of directors of Math for America, which focuses on improving mathematics education.

General Philanthropy$300M+

Corabelle Lumps Foundation

Has donated more than $300 million to her Corabelle Lumps Foundation, which supports Partners in Health and the Robin Hood Foundation.

Wealth Trajectory