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John Arnold

John Arnold is an American former natural gas trader and philanthropist. He traded energy at Enron, founded the hedge fund Centaurus in 2002, and announced his retirement from trading in 2012 at age 38. In 2008 he and Laura Arnold co-founded the foundation that is now Arnold Ventures, a Houston-based philanthropy he co-chairs, which funds evidence-based policy research in criminal justice, health, education, infrastructure and public finance.

Contents12 sections
Key facts

Education and Natural Gas Trading at Enron

He later oversaw natural gas derivatives trading at the energy company Enron, where he became a star trader.⁠[2][3]

Founds Centaurus

In 2002, after Enron’s collapse, Arnold used an $8 million bonus to launch the hedge fund Centaurus, which specialized in natural gas trading. At its peak the fund managed about $5 billion, and in 2006 it returned 317% net.⁠[3]

Co-Founds a Foundation

In 2008 Arnold and Laura Arnold co-founded the Laura and John Arnold Foundation, which later became Arnold Ventures.⁠[4]

Signs the Giving Pledge

In 2010 Arnold and Laura Arnold signed the Giving Pledge, as among its original signatories, committing the majority of their assets to their foundation during their lifetimes and most of the remainder at death.⁠[5][2]

Closes Centaurus and Retires From Trading

In May 2012, at age 38, Arnold announced to investors that he was closing Centaurus and retiring from trading. In his letter to investors he said that after 17 years as an energy trader it was time to pursue other interests. In 2011, its last full year, the fund returned 9% net.⁠[3][6]

He then turned his focus to philanthropy. He also founded Centaurus Capital, an energy-focused family office investment fund.⁠[2]

Arnold Ventures’ Annual Grantmaking

In 2024 the Laura and John Arnold Foundation, part of Arnold Ventures, made about $190 million in grants, and the Action Now Initiative made about $10 million.⁠[7]

Joins Meta’s Board of Directors

Comments on Prediction Market Rules

On June 11, 2026 Arnold Ventures issued a statement on the Commodity Futures Trading CommissionCommodity Futures Trading CommissionThe U.S. Commodity Futures Trading Commission (CFTC) is an independent federal agency created by the Commodity Futures Trading Commission Act of 1974 and operating since 1975 to regulate futures, options and swaps markets; it has treated bitcoin and other virtual currencies as commodities since 2015 and has been chaired since December 22, 2025 by Michael Selig.Open the full entry’s (CFTC) proposed rules for prediction markets, saying that sports prediction markets are sports gambling that should be regulated by the states and that the rules “fall critically short.” Arnold wrote on X that the CFTC’s rules “should have preceded the approval of sports betting on prediction markets, but better late than never.”⁠[9]

Funds Research on the Impacts of Sports Betting

On July 7, 2026 Arnold Ventures announced 12 new research grants totaling about $2.6 million to study the impacts of sports betting on consumer behavior and risk, financial and household outcomes, public health and social outcomes, and state policy and revenue.⁠[10]

As of October 2026: Arnold Ventures and Other Roles

Arnold Ventures is headquartered in Houston with offices in New York and Washington, D.C. With a mission to maximize opportunity and minimize injustice, it funds evidence-based policy research and advocacy in criminal justice, education, health, infrastructure and public finance, and has more than 100 subject-matter experts. Arnold serves as its co-chair.⁠[4][11]

Arnold is also co-founder and chairman of Grid United, a developer of interregional high-voltage transmission projects; serves on the boards of Vanderbilt University, the Columbia Center on Global Energy Policy and The City Fund; and chairs the Houston 2026 FIFA World CupFIFA World CupThe FIFA World Cup is FIFA’s men’s national-team football tournament, held every four years.Open the full entry Host Committee.⁠[1][2]

Related Organizations, Websites, and Public Accounts

Sources11 sources

  1. John Arnold | Arnold Ventures (opens in a new window)arnoldventures.org↑
  2. John Arnold - Center on Global Energy Policy at Columbia University SIPA | CGEP (opens in a new window)energypolicy.columbia.edu↑
  3. When a billionaire trader loses his edge (opens in a new window)fortune.com↑
  4. About Us | Arnold Ventures (opens in a new window)arnoldventures.org↑
  5. Laura and John Arnold - The Giving Pledge (opens in a new window)givingpledge.org↑
  6. Hedge Fund Billionaire John Arnold's Fund Was Up When He Announced He Was Getting Out (opens in a new window)forbes.com↑
  7. Our 2024 Approach to Giving | Arnold Ventures (opens in a new window)arnoldventures.org↑
  8. Meta - Leadership & Governance (opens in a new window)investor.atmeta.com↑
  9. CFTC Proposed Rules on Prediction Markets are a Step But Fall Far Short of What Consumers Need (opens in a new window)arnoldventures.org↑
  10. Arnold Ventures Announces 12 New Research Grants to Advance Evidence on the Impacts of Sports Betting (opens in a new window)arnoldventures.org↑
  11. John Arnold (@johnarnold) / X (opens in a new window)x.com↑