Ken Griffin (2024)

FAQs

Is Ken Griffin a billionaire? ›

Griffin's net worth stands at nearly $38 billion, enough to land him the No. 42 spot among the wealthiest people in the world. The billionaire investor doesn't need income from his stocks.

Net Worth Summary

It has about $63 billion in assets under management, according to a December 2023 Bloomberg story. Griffin probably has about $9 billion in personal assets in Citadel funds.

Ken was laser-focused on Citadel and it seemed that every minute of his day was dedicated to the company. He was very intense and did not spend much time on casual conversations at the office. He was involved a lot in recruiting, probably more than most in his position would be.

Ken's insights were instrumental in the launch of Operation Warp Speed's accelerated COVID-19 vaccine development and deployment strategies. Ken holds an A.B. '89 with Honors in Economics from Harvard College.

Bernard Arnault, chairman of LVMH, is the richest person and the richest man in the world with a net worth of $215 billion. After Arnault is Jeff Bezos, founder of Amazon.

He has two private jets

CNBC reported in 2020 that Griffin owns a 2001 Bombardier Global Express, estimated to be valued at US$9.5 million, and a 2012 Bombardier Global 6000, worth US$50 million.

Citadel CEO Ken Griffin relocated from the Windy City to Miami two years ago, but his name now graces one of Chicago's cultural landmarks thanks to a $125 million gift.

Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, a multinational hedge fund.

Griffin, who graduated from Harvard in 1989, made a $300 million donation to the university's Faculty of Arts and Sciences in April last year, reported the Harvard Crimson.

Who is the richest hedge fund manager? ›

Who Is the Richest Hedge Fund Manager? Ken Griffin of Citadel is both the richest hedge fund manager and the highest paid. In 2022, he earned $41. billion, and by the beginning of 2023 his net worth was estimated at $35 billion.

Miami is "rich in diversity and abounding with energy," Griffin informed his employees in 2022 when he announced the move. By comparison, Griffin criticized Chicago as having a problem with crime and said that many Chicago-based employees had already asked to transfer out of the city.

Real Time Net Worth

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.

Global Macro Perspective: Griffin takes a macroeconomic approach to investing, analyzing global economic trends, geopolitical events, and central bank policies to anticipate market movements and allocate capital strategically across different asset classes and regions.

Hedge fund strategies involve investing in debt and equity securities, commodities, currencies, derivatives, and real estate. Hedge funds are loosely regulated by the SEC and earn money from the 2% management fee and 20% performance fee structure.