Gas Trading Legend John Arnold Closing Centaurus Fund The Center for Open Science's replication efforts have inspired economists and even tropical ecologists to plan reproducibility projects of their own. John Arnold is Founder and Co-Chair of Arnold Ventures. 1 Jon Rahm is a heavy favorite to win his fifth PGA Tour title in 2023 this week at the Mexico Open. A new study shows . Now everybody says we need replication; we need reproducibility, Ioannidis tells me. Science is built like a building, Arnold says. Nonprofits must file annual Form 990 financial reports with the IRS, disclosing their revenues, employee compensation, grant recipients, and (in the case of foundations) their donors. Ask a Question. Billionaire philanthropists John and Laura Arnold committed Monday, April 5, 2021, to donate 5% of their wealth annually as part of an effort to . Arnold founded Centaurus with an $8 million employee bonus from Enron. It was little wonder, then, that funders didnt come running to support Nosek: He wasnt promising novel findings, he was promising to question them. He announced that he was closing Centaurus in a letter to investors: After 17 years as an energy trader, I feel that it is time to pursue other interests., Arnold tells me that he had lost some of his passion for trading. In the past ten years, we have achieved more success than I could have hoped for or imagined. Arnold had always been ready to make huge bets, but it was ultimately his hunger for reliable data that made him a brilliant trader. Compared with the IRS-mandated transparency of a private foundation, 501(c)(3) public charity, or 501(c)(4) social welfare organization, private companies are black holes for public disclosure. Theres little evidence to prove how necessary or helpful many of the accepted norms in psychedelic-assisted therapy areand some could even harm patients. Unlike Tom Steyer, a billionaire who earned his wealth investing in oil and natural gas and now hypocritically blames those commodities for devastating the planet, John Arnold says little about climate change. Updated March 10, 2017 5:18 pm ET. The guest that day was science journalist Gary Taubes, and he was talking about how the prevailing dietary wisdom of the past 40 yearsthat eating too much fat leads to obesity and heart diseasearose from the flimsiest of scientific evidence. By the following year, Nosek was cofounding an institution called the Center for Open Science with an initial $5.25 million grant from the Arnold Foundation. [26] In 2008, the Arnolds were original signatories of the Giving Pledge,[27] a pledge by some high-net-worth individuals to donate the majority of their income to philanthropic causes during their lifetimes. At Enron, a company famous for its brash, testosterone-laced cowboy culture, the perennially boyish-looking trader was reportedly so soft-spoken that his colleagues had to gather in close to hear him at restaurants. Laura and John Arnold didnt start the movement to reform science, but they have done more than anyone else to amplify its capabilitiestypically by approaching researchers out of the blue and asking whether they might be able to do more with more money. But what ought to concern conservatives isnt so much the Arnolds giving as how they give. Arnold's summary of his big-hearted plans reads as could only be written by a trader, particularly points 2 and 3: . In 2001, even as Enron was collapsing amid an accounting scandal that covered up billions in debt, he was reported to have earned $750 million for the company. Arnold Ventures is a group of more than 100 passionate people from all walks of life who feel a deep urgency to help people in need. Consent The Therapy Part of Psychedelic Therapy Is a Mess. The Billionaire Behind the Fight for Lower Drug Prices His net worth of $10.2 billion landed him at No.

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