Rank #35
Ken Griffin
Net worth $50.5B
Hedge funds · United States
- Born
- Oct 15, 1968
- Age
- 57
- Source
- Hedge funds
- Residence
- Miami, Florida
- Citizenship
- United States
- Marital status
- Divorced
- Children
- 3
- Education
- Bachelor of Arts/Science, Harvard University
Net worth over time
Biography
- Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages $68 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 is the world's most profitable hedge fund and has generated $83 billion in net gains since inception in 1990, according to LCH Investments.
- Citadel Securities, one of Wall Street's biggest market-making firms, is responsible for one of every four stock trades in the U.S.
- Griffin has given some $2.4 billion to philanthropic causes. Recent beneficiaries include Memorial Sloan Kettering Cancer Center and nonprofit hospitals in Miami.
- Griffin bought rare editions of the Emancipation Proclamation and the Thirteenth Amendment, signed by Abraham Lincoln, to be loaned for public display in 2025.
- Griffin's first job was selling Franklin Mint collectibles.