|Date of Birth:
|October 15, 1968 (55 years old)
|United State Of America
What is Ken Griffin’s net worth? How does Ken Griffin make his money? Below is the current net worth of Ken Griffin and how Ken Griffin makes his money.
What is Ken Griffin’s Net Worth?
Ken Griffin is an English business mogul who has a net worth of $28 billion. Griffin is the chairman of Citadel, a hedge fund with more than $35 billion in properties under control.
Ken Griffin was brought into the world in Daytona Beach, Florida on October 15, 1968. Griffin studied and graduated from Harvard University. He started marketing while in school and had accumulated a million dollars by the moment he left school.
In 1990, he subsequently established Citadel LLC, his personal hedge fund organization. As a result of the company’s tremendous success throughout the 1990s and the early 2000s, Mr. Griffin started to routinely appear on Forbes and Fortune’s lists of the richest Americans.
Both his business and the majority of his investments suffered in 2008. In the wake of 2008, he literally lost over a billion dollars in net worth, while his fund lost $9 billion. Ultimately, though, he was able to bounce back, and now he has more than $35 billion under control and is back to where he was before the downturn.
More than $1 billion has been donated by Griffin to numerous organizations so far. His charitable contributions have gone to a wide range of institutions, such As the University of Chicago, the Ann & Robert Lurie Children’s Hospital, The Field Museum of Natural History, the Art Institute of Chicago, the Museum of Modern Art, and the American Museum of Natural History.
The COVID-19 activities in China, Chicago, New York, and the UK received $20 million in early 2020 from Ken Griffin and associates of Citadel and Citadel Securities. Imperial College London, the NYC COVID-19 Response & Impact Fund, Rockefeller University, and the Greater Chicago Food Depository are among the beneficiaries.
Late in January 2020, while GameStop’s stock price was skyrocketing, Robinhood briefly changed the trading restrictions on those meme stocks to only allow SELLing. The buy button was completely eliminated.
Critics assert that Citadel exerted pressure on Robinhood to impose those trading limitations due to the pricing’s abrupt changes.
Some individuals experience monetary losses as a result of the restrictions, which forced investors to liquidate only when the value was falling. Citadel denies having any input in Robinhood’s choice.
Katherine Weingartt, a close friend from high school, served as Griffin’s first wife. In 1996, they split up. In March 2002, Griffin and Anne Dias-Griffin met on a blind date arranged by a mutual acquaintance.
The pair gave birth to three children after being married in July 2003. Due to “irresolvable issues” with his second wife, Griffin petitioned for divorce in Cook County, Illinois, in July 2014.
Just hours before a court trial over the prenuptial agreement was about to start, the couple decided to end their marriage amicably in October 2015.
Griffin bought out his wife’s ownership of their Chicago penthouse as part of their separation for a total of $11.75 million. Along with his ex-wife, he continues to pay support to his kids.
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