David Shaw was born in New York, New York, United States, is Founder, D. E. Shaw & Co., L.P.. David Shaw is #281 in List Billionaires People In The World. A former computer science professor at Columbia University, David Shaw is the founder of D.E. Shaw, a $40 billion quantitative hedge fund firm. D.E. Shaw was founded in 1988. The hedge fund firm is known for its use of sophisticated mathematical modeling and algorithms. In 2002, Shaw created an executive committee to oversee the company, and has since stepped away from its day-to-day operations. Several former execs have started their own enormous businesses, including Amazon billionaire Jeff Bezos and Two Sigma billionaire John Overdeck. Shaw is now chief scientist at his eponymous computational biochemistry research firm.