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Ken Griffin
PROFILE
Ken Griffin
Founder & CEO, Citadel LLC
$37.2B
Real Time Net Worth
as of 6/5/24
Reflects change since 5 pm ET of prior trading day.
Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages $59 billion in assets.
Griffin founded Citadel in 1990 but first began trading from his Harvard dorm in 1987. He put a satellite dish on the roof to get real-time stock quotes.
Citadel Securities, one of Wall Street's biggest market-making firms, is responsible for one of every five stock trades in the U.S.
Griffin has given some $2.2 billion to philanthropic causes, including $300 million to Harvard's Faculty of Arts and Sciences in April 2023; the graduate school of arts and sciences bears his name.
In January 2024, Griffin said he would pause his support for Harvard, citing its handling of antisemitic incidents on campus.
College and university leaders are increasingly more aware of the challenges students face with mental health and have doubled down on new resources and interventions.
Citadel CEO Ken Griffin left the Windy City for Miami two years ago, but his name now graces one of Chicago’s cultural landmarks thanks to a $125 million gift.
AI drives market gains but not worker productivity (yet); Ron DeSantis drops out; Ken Griffin's Citadel still top earner; Meta stock hits record high; and more
No other hedge fund comes close to Ken Griffin’s $74 billion in all-time gains, according to a new LCH Investments report ranking the top 20 all-time managers, but one British fund generated more gains in 2023.
The founder and CEO of hedge fund Citadel will not follow two other billionaires who cut ties with the Ivy League School after student groups signed a letter blaming Israel for the attacks committed by Hamas.
A $10 million Parkinson’s disease research competition launched in 2019 spurred progress toward measuring a protein linked to the disease. The hope is that it could help with earlier diagnosis and tracking of Parkinson’s.
Citadel’s flagship Wellington fund returned 38% in 2022, helping the firm generate an estimated $16 billion in net gains last year according to LCH Investments.