Jeff Yass | |
---|---|
Born | 1958 (age 65–66) New York City, US |
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 S. Yass (born 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] In 2002, he joined the executive advisory council of the Cato Institute[7][8] and now is a member of the executive advisory council.[9]
As of March 2024, he was the largest donor in the 2024 US election cycle, having donated $46 million to Republican groups and campaigns, primarily to school choice groups and rivals of Donald Trump.[6] However, after Yass and Trump met in March 2024, Trump went from supporting a ban on TikTok to opposing a ban.[6] SIG had a significant market maker role in the 2024 merger of Digital World Acquisition Corp. and Trump Media & Technology Group.[10][11] Yass added another $6 million in political contributions in 2024 via the Commonwealth Leaders Fund PAC supporting Republican Dave Sunday over Democrat Eugene DePasquale in the 2024 Pennsylvania Attorney General election.[12]