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Robert Mercer

Born 1946 · Age 79

American computer scientist, former co-CEO of Renaissance Technologies, early AI researcher and prominent political donor (Breitbart, Cambridge Analytica, Make America Number One).

Total Events
45
Career Span
59 years
Peak Net Worth
$1,500,000,000

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Life & Career Timeline

1964Age 18

Attended National Youth Science Camp; learned to program

Attended National Youth Science Camp in West Virginia and learned to program on a donated IBM computer; early spark of interest in computers.

1/1/1964Source
Confidence
95%
1968Age 22

Completed BS in physics and mathematics (University of New Mexico)

Earned bachelor's degree in physics and mathematics from the University of New Mexico (year inferred from subsequent PhD timing; source states he holds the degree).

1/1/1968Source
Confidence
60%
1972Age 26

Earned Ph.D. in computer science (University of Illinois, Urbana–Champaign)

Completed doctoral studies in computer science; dissertation and training prepared him for IBM Research work in statistical language processing.

1/1/1972Source
Confidence
99%
1972Age 26

Contributed to Brown clustering and IBM alignment models

Early work in statistical machine translation and speech recognition that later earned broad recognition in computational linguistics.

1/1/1972Source
Confidence
90%
1972Age 26

Joined IBM Research (Thomas J. Watson Research Center)

Joined IBM Research in Yorktown, NY; worked on statistical machine translation, speech recognition, Brown clustering and IBM alignment models under Frederick Jelinek and Lalit Bahl.

9/1/1972Source
Confidence
95%
1993Age 47

Joined Renaissance Technologies

Recruited to Renaissance Technologies by Nick Patterson (months after parents died); transitioned from academic/IBM research to quantitative finance.

1/1/1993Net Worth: $100,000,000Source
Confidence
90%
1993Age 47

Began applying data-science methods to political/data ventures (early seeds)

Period when Mercer began to explore applying his data-analysis expertise beyond finance (inferred from later Cambridge Analytica activities).

1/1/1993Net Worth: $100,000,000Source
Confidence
50%
1995Age 49

Daughter Heather's Title IX suit against Duke (1990s)

Reported that in the 1990s Mercer's daughter Heather sued Duke University under Title IX and won $2 million (exact year in the 1990s not specified in source).

1/1/1995Net Worth: $600,000,000Source
Confidence
40%
2009Age 63

Filed lawsuit over custom model railroad (RailDreams)

Filed suit alleging he was overcharged by RailDreams for a model railroad (reported lawsuit in 2009).

1/1/2009Net Worth: $800,000,000Source
Confidence
90%
2009Age 63

Became co-CEO of Renaissance Technologies

When founder James Simons retired, Mercer and former IBM colleague Peter Brown became co-CEOs of Renaissance (Wikipedia cites 2009 retirement/transition).

1/1/2009Net Worth: $800,000,000Source
Confidence
90%
2010Age 64

Started major political super-PAC donations era (post-Citizens United)

After the Citizens United decision, Mercer began making large super-PAC donations; family built their own donor network and Mercer Family Foundation expanded political giving.

1/1/2010Net Worth: $900,000,000Source
Confidence
80%
2011Age 65

Invested in Breitbart News

Reportedly invested at least $10 million in Breitbart News (sources report a ~2011 investment, later cited as large funding source for Breitbart).

1/1/2011Net Worth: $1,000,000,000Source
Confidence
85%
2013Age 67

Household staff sued Mercer (wage/overtime claims); lawsuit settled

In 2013, several members of his household staff sued, alleging wage docking and unpaid overtime; the lawsuit was later settled.

1/1/2013Net Worth: $1,100,000,000Source
Confidence
90%
2013Age 67

Mercer Family Foundation large grants reported (2013 filings)

Foundation activities and grants to conservative groups highlighted; Mercer family actively funding conservative think tanks and causes.

1/1/2013Net Worth: $1,100,000,000Source
Confidence
80%
2013Age 67

Invested in Cambridge Analytica (approx.)

Mercer family invested in data firm Cambridge Analytica; various reports cite approximate investment of $5 million (date not precisely specified; 2013–2014 commonly reported).

1/1/2013Net Worth: $1,150,000,000Source
Confidence
60%
2014Age 68

Senate panel estimated Medallion tax underpayment

2014 bipartisan Senate panel estimated Medallion investors underpaid taxes by around $6.8 billion over more than a decade (impacting Renaissance's tax scrutiny).

1/1/2014Net Worth: $1,300,000,000Source
Confidence
90%
2014Age 68

Mercer Family Foundation donated $250,000 to Berkeley Earth (per 2014 filing)

2014 tax filing listed a $250,000 donation to Berkeley Earth (Richard Muller's project).

1/1/2014Net Worth: $1,300,000,000Source
Confidence
90%
2014Age 68

Renaissance Technologies managed ~$25B in assets (reported)

Public reporting listed Renaissance managing approximately $25 billion in assets in 2014; Medallion fund historically produced high returns.

1/1/2014Net Worth: $1,300,000,000Source
Confidence
90%
2014Age 67

Received ACL Lifetime Achievement Award

Received Association for Computational Linguistics Lifetime Achievement Award for his early work in statistical machine translation and clustering.

6/1/2014Net Worth: $1,200,000,000Source
Confidence
98%
2015Age 69

Large donations to conservative groups (published totals)

Reported donations include $750,000 to Club for Growth, $2 million to American Crossroads, and $2.5 million to Freedom Partners Action Fund (aggregate timing reported in profiles; specific years not always stated).

1/1/2015Net Worth: $1,400,000,000Source
Confidence
70%
2015Age 69

Called one of the ten most influential billionaires in politics

The Washington Post (2015) named Mercer among the ten most influential billionaires in politics.

1/1/2015Net Worth: $1,400,000,000Source
Confidence
90%
2015Age 69

Backed Jackson Hole Summit (gold-standard conference)

Served as main financial backer of the private 'Jackson Hole Summit' in August 2015 that advocated the gold standard.

8/1/2015Net Worth: $1,400,000,000Source
Confidence
85%
2016Age 69

Gave $11M to Ted Cruz super PAC (Keep the Promise / Keep the Promise I)

Financial support to Cruz: reported $11 million to the super PAC associated with Cruz (Keep the Promise I), which was later repurposed to support Trump as Make America Number One.

1/1/2016Net Worth: $1,500,000,000Source
Confidence
80%
2016Age 70

Make America Number One super PAC funded (revamp of Keep the Promise I)

Mercer financed Make America Number One (formerly Keep the Promise I) which ultimately supported Trump and financed projects attacking Hillary Clinton.

1/1/2016Net Worth: $1,500,000,000Source
Confidence
75%
2016Age 70

Mercer family influence installs allies in Trump campaign

Mercer and daughter Rebekah helped obtain senior roles for Steve Bannon and Kellyanne Conway in the Trump campaign; Cambridge Analytica data team also worked for campaign.

1/1/2016Net Worth: $1,500,000,000Source
Confidence
95%
2016Age 70

Connected to Brexit campaign influence via data firms

Mercer's political data connections allegedly aided Leave campaigns (reports that Cambridge Analytica/AggregateIQ were involved in targeted advertising during the Brexit referendum).

1/1/2016Net Worth: $1,500,000,000Source
Confidence
90%
2016Age 70

Cambridge Analytica / data-targeting used in Trump campaign

Cambridge Analytica, backed by Mercer investment, worked on the Trump campaign using psychographic targeting and Facebook data (later scandalized).

1/1/2016Net Worth: $1,500,000,000Source
Confidence
95%
2016Age 70

Reportedly third-biggest donor to conservative outside-spending groups (2016)

Profiles indicated Mercer was one of the top individual donors in the 2016 election cycle (behind Adelson and Paul Singer in some lists).

1/1/2016Net Worth: $1,500,000,000Source
Confidence
90%
2016Age 70

Major donor in 2016 U.S. election cycle

Reported as one of the biggest donors in 2016, donating around $22.5 million to Republican candidates and PACs that year; also backed Ted Cruz (initially) and later Trump.

1/1/2016Net Worth: $1,500,000,000Source
Confidence
95%
2016Age 69

Brexit referendum involvement; AggregateIQ/£3.9M

Mercer's data-analytics connections were implicated in UK Brexit campaigning; reports state £3.9 million was spent on AggregateIQ (his affiliated company) supporting Dominic Cummings/Leave campaigns.

6/1/2016Net Worth: $1,500,000,000Source
Confidence
90%
2017Age 71

Public letter to Renaissance staff distancing from allegations

On Nov 2, 2017 Mercer wrote to staff denying charges that he was a white supremacist and explaining reasons for selling his Breitbart stake and stepping down.

1/1/2017Net Worth: $1,200,000,000Source
Confidence
95%
2017Age 70

Attended Heartland Institute climate conference (ICCC12)

Robert and Rebekah Mercer attended the Heartland Institute's Twelfth International Conference on Climate Change in Washington, D.C.; they listened to climate-skeptic talks.

3/23/2017Net Worth: $1,400,000,000Source
Confidence
90%
2017Age 70

Donated $150,000 to 'Massachusetts First' super PAC

FEC data showed a $150,000 contribution to Massachusetts First, which ran radio ads targeting Senator Elizabeth Warren.

5/24/2017Net Worth: $1,400,000,000Source
Confidence
95%
2017Age 71

Named as director of eight Bermuda companies in Paradise Papers

Paradise Papers revealed Mercer as director of eight Bermuda companies that appear to have been used to reduce US tax liabilities for the Mercer Family Foundation and related investments.

11/1/2017Net Worth: $1,200,000,000Source
Confidence
95%
2017Age 71

Announced stepping down from Renaissance and selling Breitbart stake

Announced he'd step down as co-CEO of Renaissance (effective Jan 1, 2018) and sell his stake in Breitbart News to his daughters amid backlash over political activism.

11/2/2017Net Worth: $1,200,000,000Source
Confidence
98%
2018Age 72

SCL Group / Cambridge Analytica fallout; companies dissolve or crippled

Following Cambridge Analytica data-harvesting revelations and Facebook ban, SCL Group and Cambridge Analytica's UK arm were effectively crippled and SCL dissolved in 2018; Mercers were majority backers.

1/1/2018Net Worth: $1,000,000,000Source
Confidence
90%
2018Age 71

Rebekah Mercer visited Facebook to mend relations after Cambridge Analytica scandal

Reports that Rebekah Mercer tried to repair relations between Facebook and Cambridge Analytica as scandal unfolded; Facebook ultimately banned CA.

3/1/2018Net Worth: $1,000,000,000Source
Confidence
85%
2019Age 73

Portrayed in HBO/Channel 4 drama 'Brexit: The Uncivil War'

Robert Mercer was depicted by actor Aden Gillett in the dramatization of the Brexit campaign (series released 2019).

1/1/2019Net Worth: $900,000,000Source
Confidence
90%
2020Age 74

Mercer family 'dark money' donations to DonorsTrust tracked (~$20M)

A 2021 investigation found Robert and Rebekah Mercer tracked nearly $20 million through DonorsTrust in support of GOP causes in 2020 (reported Sept 2021).

1/1/2020Net Worth: $900,000,000Source
Confidence
80%
2021Age 75

Reported continued financial backing of Parler and other conservative tech/media projects

Mercer/Rebekah were implicated in financing or advising alternative social media (Parler) and other conservative platforms (support traced back to ~2018 onward).

1/1/2021Net Worth: $800,000,000Source
Confidence
70%
2021Age 75

Legal and reputational fallout from political data firms continued

After Cambridge Analytica and SCL controversies, regulatory and press scrutiny of Mercer family's political data ventures remained through 2021.

1/1/2021Net Worth: $800,000,000Source
Confidence
85%
2021Age 75

Ordered to help settle tax probe at Renaissance — up to $7 billion

James Simons, Robert Mercer and other executives at Renaissance were ordered to pay as much as $7 billion to the IRS in back taxes as part of a settlement/probe reported in 2021.

1/1/2021Net Worth: $800,000,000Source
Confidence
85%
2021Age 75

Mercer family donated to Protect Ohio Values / JD Vance support (reported involvement)

Mercer's family donated an undisclosed amount to the super PAC Protect Ohio Values to support JD Vance's 2022 Senate bid (reports from 2021–2022 mention Mercer family involvement).

1/1/2021Net Worth: $800,000,000Source
Confidence
50%
2021Age 75

Public profiles continued to list Mercer as a major conservative donor

Media continued to report Mercer's decades-long funding of conservative think tanks (Heartland, Heritage, Manhattan Institute, Cato) and climate-skeptic groups.

1/1/2021Net Worth: $800,000,000Source
Confidence
80%
2023Age 77

Public estimates: Mercer frequently described as billionaire/hundreds of millions

Various outlets have alternately described Mercer's net worth as 'hundreds of millions' or as a billionaire; precise private net worth remains opaque.

1/1/2023Net Worth: $1,000,000,000Source
Confidence
40%

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