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Ken Griffin Net Worth

Ken Griffin who’s an American Hedge Fund Supervisor was produced on 15th October 1968. He’s creator along with CEO of the Citadel LLC which is the investment firm which is located in Chicago. He could be the native of Daytona Beach, Florida, Usa. As a kid, he was named as Kenneth Cordele Griffin. Then he went to join up with the Harvard University where he began the two funds from his dorm room and he also maintains that he’d make trades between the groups. For getting the real-time market data, he also installed the particular satellite link to his dorm. Ken got the initial fund with dollar 265000 which contains the cash from his grandmother. This had enabled him to profit off shorting the 1987 stock market crash.

He got graduated in the year 1989 using a diploma in the economics. After that, he gained interest of the investor named Frank C. Meyer who was the creator of the Glenwood Capital. He surpassed Frank’s anticipations and he made 70% yield on the investment. It had been reported according to New York Times.

The named “Citadel” was selected for indicating strength in the times of unpredictability. Te hedge fund ranks among the greatest as well since many successful hedge funds in world. Prior to that, Griffin can also be an art collector. He’s given a number of his time for gathering along with patronage of artwork. He’d paid the record cost of $60.5 million for the painting by Paul Cezanne. He’d also given the sum of $19 million to Art Institute of Chicago. Griffin along together with his own wife, both of them were a part of the position of The Ten Most Active Artwork Collectors in World by the Art News.

To discuss his private life, Griffin has already wed. He got married to Anne Dias-Griffin who’s the creator of the Aragon Global Management which is just another hedge fund located in Chicago. After one year of separation interval, Ken filed for divorce in 23rd July of 2014. The filing said that irreconcilable difference have now been caused irretrievable breakdown of the union. They’ve collectively contributed $11 million of $38.2 million that’s needed to construct the new chapel.

Besides that, he’s now in the age of 46 and his net worth is estimated as $5.5 billion. He’s made his appearance in Forbes 400 for amounts of time for his higher net worth. He was rated eighth most affluent American from the Fortune Magazine in September of 2004 in kind of self made, US based riches. Along with that, Griffin can also be an active philanthropist. He could be the member of the several philanthropic boards which additionally contains the quantity of the Chicago organizations. Along with that, Ken also serves in advisory board of Eurasia Group that’s the political risk consultancy and in addition on Committee on Capital Markets Regulation. He continues to be serving on board of Etrade since 2009 using the seat on their Risk Oversight Committee. Besides that, he’s in addition the member of G100 that’s an organization of 100 CEOs who meets twice in annually.

Is Ken Griffin's Net Worth Deserved?

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