Rex Sinquefield, often referred to as one of the world’s leading financial gurus, now spends his most of his time and resources dedicated to philanthropic causes.
Raised in Saint Vincent Orphanage in Saint Louis, Sinquefield earned a business degree from Saint Louis University and a Masters in Business Administration from the University of Chicago, studying under Eugene Fama, the father of efficient markets.
He went on to develop some of the nation’s first index funds, which trust, rather than “outsmart” the market. Along with associate David Booth, Sinquefield formed Dimensional Fund Advisors in 1981, and today the company oversees more than $350 billion in global assets.
Investing in philanthropy
After retiring in 2005, Sinquefield returned to his much loved and dearly missed State of Missouri, with the hopes of using his experience and success to invest in more philanthropic ventures.
He co-founded and serves as president of the not-for-profit organization the Show-Me Institute (SMI), the state’s only free-market think tank. SMI engages in scholarly research and promotes sensible market solutions for state and local policies, such as eminent domain, education, corporate welfare and healthcare and promotes sensible market solutions for state and local policies.
Sinquefield dedicates much of his time working on improving educational opportunities for every Missouri child, regardless of social and economic background.
Founding the Chess Club and Scholastic Center of St. Louis
His commitment to education was brought together with another longtime passion, the game of chess, in 2007, when the Sinquefields founded the Chess Club and Scholastic Center of Saint Louis. The Chess Club is a venue where newcomers can learn the game and gurus can compete in local and national tournaments.
Recognizing the cognitive and behavioral benefits of the game for students, one of the key missions of the Center is to promote and grow scholastic chess programs in area schools, especially the Saint Louis Public School System.
In September 2011, the Sinquefields opened the World Chess Hall of Fame directly across the street from the Chess Club. The historic 15,000-square-foot building features displays of artifacts from the permanent collection, as well as temporary exhibitions highlighting the great players, historic games and rich cultural history of chess. The couple also lent key support to the Boy Scouts of America in their introduction of a Merit Badge in Chess. In January 2012, Rex Sinquefield was inducted into the Missouri Sports Hall of Fame.
Supporting innovation in education
Rex and Jeanne Sinquefield also generously support the dual MA(Ed)/MBA (Master of Arts in Education Administration and Master of Business Administration) program at Saint Louis University. This dual masters program allows future school leaders to gain the business savvy and economic acumen that today’s educational landscape requires.
Awards, honors and board memberships
Sinquefield is a life trustee of DePaul University and serves on the following boards:
* Missouri Botanical Garden
* Missouri History Museum
* Opera Theatre of St. Louis
* Saint Louis Art Museum
* Saint Louis Symphony
* Contemporary Art Museum Saint Louis
* Saint Louis University
He also is a member of the Investment Committee of the Archdiocese of Saint Louis, and the recipient of numerous awards for scholarship and service, including an honorary Doctor of Humane Letters from DePaul University in Chicago. In April 2012, Sinquefield received the John D. Levy Human Relations Award from the American Jewish Committee
For more information about Rex Sinquefield, please visit http://www.rexsinquefield.org.