Ken Griffin Net Worth is$3.1 Billion
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Profession: Entrepreneur | Businessperson

Date of Birth: Oct 15, 1968

Nicknames: Kenneth Griffin

Country: United States of America

Ken Griffin net worth: Ken Griffin is an American entrepreneur who has a net worth of $3.1 billion dollars. Born in Daytona Beach, Florida, Ken Griffin went on to graduate from Harvard University. He began trading while in college, and had amassed a million dollars by the time he graduated. He launched his own hedge fund company, Citadel LLC, in 1990. The company was massively successful throughout the 90s and early 2000s, and Mr. Griffin regularly appeared on the lists of richest Americans published by Forbes and Fortune. His company took a beating in 2008, and he lost over a billion dollars. He has managed to recover, however, and is back at pre-recession levels. In addition to his hedge fund work, he is also a major art collector, and sits on multiple philanthropic boards. He also runs his own foundation, Citadel Group Foundation. He is currently based in Chicago, Illinois.
Kenneth C. Griffin (born October 15, 1968, Daytona Beach, Florida) is an American hedge fund manager. He is the founder and CEO of Citadel LLC, a Chicago-based investment firm. Citadel's group of hedge funds rank amongst the largest and most successful hedge funds in the world, and Griffin has earned several billion dollars during his tenure at the company. As of 2012, he has an estimated net worth of $3 billion.
For several years, Griffin avoided extensive press coverage in a manner similar to other hedge fund managers such as billionaire Steven A. Cohen. As Citadel grew, he agreed that the firm would benefit from broader exposure and started opening up in 2001. More recently, Griffin has adopted a significantly more prominent media profile. He has appeared as the subject of a Bloomberg magazine cover story. He has also discussed his art purchases, charitable contributions, and political interests in a New York Times interview. In 2012, he was opened up about his political views in an interview with the Chicago Tribune. With an estimated $13 billion (down from an estimated $20 billion previously) in assets under management, Citadel remains one of the world's largest hedge funds.[citation needed]
Kenneth Cordele Griffin was born in 1968 in Daytona Beach, Florida and grew up in Boca Raton, Florida, where he attended Boca Raton Community High School. While still at Harvard University, he started two funds from his dorm room, and he claims that in between classes he would make trades. He even installed a special satellite link to his dorm to acquire real-time market data. He got his first fund with $265,000, including money from his grandmother. This allowed him to profit off shorting the 1987 stock market crash.
After graduating with a degree in economics in 1989, he won the attention of an investor named Frank C. Meyer, founder of Glenwood Capital. Meyer was amazed at Griffin's success and rate of return with his investments (which at the time were largely b

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Ken Griffin Latest News

Philanthropic powerhouses invest in bike infrastructure

The Walton Family Foundation, William Penn Foundation, Carrollton Greenbelt founder Laura Richards and billionaire Ken Griffin are a few of the heavy philanthropic hitters investing in bike infrastructure projects across the US. New and improved bike paths ...
Posted: August 14, 2017, 3:15 pm

Hedge Funds Pick the Winners and Losers of the Quarter

Aug.15 -- Hedge fund managers from Dan Loeb to Ken Griffin anointed a new crop of darlings -- and rejects -- in the second quarter. Bloomberg's Simone Foxman has more on "Bloomberg Markets."
Posted: August 15, 2017, 12:15 pm

Albany port expansion and pollution concerns

Read more here. RICH EMBRACE BIKE COMMUTES — The Wall Street Journal’s Douglas Belkin: “Last year, billionaire Ken Griffin wrote an email to Chicago Mayor Rahm Emanuel complaining the ‘lakefront bike path is a disaster.’ It wasn’t an idle ...
Posted: August 14, 2017, 6:58 am

Hedge Funds Break Up With Long-Adored Apple and Facebook Shares

Ken Griffin’s Citadel sold 3.4 million shares of Apple, the majority of its stake. And Viking Global Investors, led by Andreas Halvorsen, shed 9.6 million shares of Facebook, or most of its holding. These are just two tidbits from the fire-hose of data ...
Posted: August 14, 2017, 5:11 pm

McConnell-allied political funds keep his leadership secure

Other notable donors included Home Depot co-founder Marcus Bernard, Houston Texans CEO Robert McNair, Chicago hedge-fund manager Ken Griffin, oil executive T. Boone Pickens and real estate investor Sam Zell.
Posted: August 13, 2017, 4:21 am
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