Paul Tudor Jones II (born September 28, 1954), is the founder of Tudor Investment Corporation, which is the management company for his various private investment partnerships, also referred to as hedge funds. As of March 2011, he was estimated to have a net worth of USD 3.3 billion by Forbes Magazine and ranked as the 107th richest Americans and 336th richest in the world. In March 2012, Jones ranks No. 330 on the list of the world’s wealthiest people. His management company charges the hedge funds he manages a fee that is higher than the industry standards. The industry standards are two percent per annum of assets under management and twenty percent of the profits, whereas Tudor Investment Corp. charges four percent per annum of assets under management and twenty-three percent of the profits.