Wiki Biography of Ken Griffin
Kenneth C. Griffin was born in Daytona Beach, Florida, on October 15, 1968. He is a businessman who is possibly most known for being the founder and CEO of Citadel LLC, one of the world’s largest hedge fund organizations. He is also a well-known philanthropist. His professional career began in the early 1990s.
Have you ever wondered what Ken Griffin’s net worth is? Ken’s net worth has been estimated to be over $6.5 billion by Forbes as of early 2016. Obviously, he has amassed all of his riches throughout his career in the business world.
Ken Griffin has a net worth of $6.5 million dollars
Ken Griffin grew up in Boca Raton, Florida, and graduated from Boca Raton Community High School. He subsequently went at Harvard University to study Economics, and while there, he developed an interest in business, and while he was still there, he started a hedge fund based on convertible bond arbitrage, and within a few months, he had amassed $265,000 from his friends and family. He then connected his room to a satellite to get real-time market data. Ken’s net worth had grown to $1 million by the time he graduated, and his career was helped in 1989 by Frank C. Meyer, who entrusted him with $1 million in investments, and according to accounts, Frank made a 70% return on the investment.
Ken founded his second company, Citadel LLC, a global investment firm based in Chicago, Illinois, in 1990, and it now has over $25 billion in capital, making it his primary source of wealth. To further on his financial achievements, eight years after founding the Citadel, the company had grown to a value of $1 billion and employed 100 people.
It continued to run successfully until 2008, when the financial crisis occurred. Ken, on the other hand, received numerous accolades and prizes throughout the company’s golden years. He was listed to the Forbes 400 list in 2003 as the youngest person to reach a net worth of $560 million, and a year earlier, he was selected to the CFO’s Magazine Global 100 as one of the most prominent individuals in business. In addition, he was named the eighth richest American under 40 in the self-made millionaire category by Fortune magazine, and he was ranked fifth on the Forbes 400 list under 40 in 2006.
Ken also serves on the boards of several corporations and educational institutions, including G100, a network of 100 CEOs whose main purpose is to solve global economic challenges, and the Committee on Capital Markets Regulation.
Ken is also a notable art collector who serves on the boards of trustees at the Art Institute of Chicago, the Museum of Contemporary Art, and the Whitney Museum of American Art, as well as the University of Chicago, where he was appointed to the board of trustees in 2014 for a five-year term. Ken is also a vice-chairman of the Chicago Public Education Fund and the founder of his own organization, the “Citadel Group Foundation.”
Ken Griffin was married to Anne Dias-Griffin, the founder of Aragon Global Management, from July 2004 to October 2015, and they have three children together. Ken is a member of the Fourth Presbyterian Church in Chicago, Illinois, where he currently resides.
|Net Worth||$6.5 Billion|
|Date Of Birth||October 15, 1968|
|Place Of Birth||Daytona Beach, Florida|
|Profession||Founder & CEO, Citadel|
|Education||Harvard University, Boca Raton Community High School|
|Spouse||Anne Dias-Griffin (m. 2004-2015)|