Some real estate sources have suggested the real reason behind Griffins sudden interest in buying up swathes of prime Florida real estate is down to a very simple motivation: taxes. In doing so, Griffin allegedly improperly took the program that Simonson had created. He is also an ambitious philanthropist, having given away more than $700 million to date. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. As a result, the fund made money in December, when stocks once again sharply declined. Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. Given that Griffin was already managing $1 million in assets before hed even graduated university, itll be little surprise to most to learn hes one of the worlds richest men. The condo was delivered as "raw space" so that Griffin could build it out to his liking. Our vision is to focus on the capabilities of data science, he told the newswire. [11][9] He also asked Terrence J. OConnor, the manager of convertible bonds at Merrill Lynch in Boston, to open a brokerage account for him with $100,000 that Griffin had gotten from his grandmother, his dentist, and others. Claim this business (514) 639-5000. [180], In June 2006, Rush E. Simonson, claiming to be Griffin's mentor, filed a fraud case (2006-L-005997) against Griffin, alleging that he was entitled to a percentage of the profits of Citadel for creating a computer program upon which Citadel was founded. The AH Master Fund which Howard personally manages surged 30 percent. Last year, Sightway raised $216 million for a collateralized fund obligation backed by stakes in 32 private equity funds. [9] Griffin graduated in 1989 with a degree in economics. On this Wikipedia the language links are at the top of the page across from the article title. 1. He also owns 11 and 12 Star Island Drive,. Before that, Chicagos most expense property sale was the comparatively minor $18.75 million paid by George Lucas and his wife for a penthouse at Park Tower. The influx during the off season for the area has created major food shortages and strained the small local hospital. [137] Griffin's donations to DeSantis prompted criticism of a possible conflict of interest when DeSantis began promoting Regeneron Pharmaceuticals' therapeutic treatment for COVID-19; Griffin's Citadel Securities owned $15.9 million of shares in Regeneron. Dunne, Griffin: Director. To Shift Or Not To Shift Lenders Thats The Question, Iran Executes Billionaire Businessman Over Massive $2.6 Billion Bank Scam, HOUSE OF THE DAY: The Kennedys' Palm Beach Vacation House Is On Sale For A Whopping $38.5 Million, Union Budget 2023 And Markets | Key Expectations, Budget 2023: FinTechs seek clarity on Digital Banking Licenses, Budget 2023: The need of clarity on ESOPs taxation, Budget 2023: What does the budget have in store for FinTechs. Last year may have been bad for the equity markets, but it was good for quant giant Two Sigma and its two founders, John Overdeck and David Siegel. His fortune at the time was estimated to be $650 million. Peltz, whose hedge fund portfolio includes Wendys and P&G, recently hosted the priciest-ever Trump reelection fundraiser there. Records show he purchased the penthouse for $6.884 million in 2010. Griffin Yachts was established in 2000 in Istanbul as a custom line yacht builder. Kenneth C. Griffin Citadel CEO Kenneth Griffin, 51, saw his wealth increase from $11.7 billion last year to $12.1 billion this year. Stony Brook previously named the Simons Center for Geometry and Physics in honor of Simons and his wife, Marilyn. Here's what he's done to clean it up", "Museum of Science and Industry Announces Historic Gift From Kenneth C. Griffin Charitable Fund", "The Museum of Science and Industry is getting a new name after Chicago billionaire Ken Griffin donates $125 million", "Citadel CEO Ken Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution", "A hedge fund billionaire outbid crypto investors for a rare copy of the US Constitution", "Kenneth and Anne Griffin give $16 million to Children's Memorial Hospital", "Hedge Fund Billionaire Griffin to Give $15 Million to Robin Hood", "University of Chicago Crime Lab receives $27.5 million", "Citadel's Griffin at the Art World's Gates", "Ken Griffin donates $40 million to New York's Museum of Modern Art", "Citadel's Griffin Gives $10 Million to Chicago Art Museum", "Billionaire Ken Griffin giving $20 million to Norton Museum in West Palm Beach", "Citadel CEO Kenneth Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution", "Fourth Presbyterian Church's new Gratz Center a welcome and brave grace note", "Kenneth Griffin and Anne Dias Griffin timeline", "$2 Million Gift from the Partners of Citadel and Citadel Securities to Fund New COVID-19 Advances at Weill Cornell Medicine | Giving to Weill Cornell Medicine", "Billionaire hedge fund backs British university hunt for Covid-19 vaccine", "20 Things You Didn't Know about Ken Griffin", "Hedge fund billionaire Ken Griffin files for divorce", "A Divorce That Thrusts Ken Griffin and Anne Dias Griffin Into the Spotlight", "Kenneth Griffin and Anne Dias Griffin Settle Divorce Case", "$450,000 vacation? Except for a $2,400 contribution to then United States Senate Committee on Banking, Housing, and Urban Affairs Chairman Chris Dodd, all of the contributions were to Republicans. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox. Many other workers dont even have that choice, with around 30 million people in the US filing for unemployment in the past six weeks. The Overdeck Family Foundation, the Siegel Family Endowment, and the Robin Hood Foundation teamed up in 2015 to establish the $25 million Learning + Technology Fund, hoping to boost technologys role in teaching low-income students in New York City. That's according to. [108] During a March 2019 interview with David Rubenstein, Griffin criticized Elizabeth Warren's proposals saying "soaking the rich doesn't work". [77][95][96][97][83], In a 2012 interview with the Chicago Tribune, Griffin said that the rich actually have too little influence in politics. [11] He also invested in convertible arbitrage opportunities in convertible bonds. [156][175][176], In 2020, Griffin purchased a 7-acre oceanfront compound in Southampton, New York from Calvin Klein for $84.4 million. This content is from:
The macro maven tops this years Rich List after his flagship Pure Alpha macro strategy posted a 14.6 percent gain, its best performance since 2011. Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. He is the wealthiest person in the entertainment industry, according to Business Insider. Late last year the Board of Trustees of the State University of New York approved changing the name of the Stony Brook University School of Medicine to the Renaissance School of Medicine at Stony Brook University. He is also a member of the Economic Club of Chicago and the civic committee of the Commercial Club of Chicago. The Billionaires Behind the Crisis: How the Rich & Powerful Put Their Wealth Above Public Health, Billionaires Live Large While Denying Paid Sick Leave to Millions of Workers, COVID-19 and the Collapse of Private Hospitals in Puerto Rico. The Fourth Presbyterian Church of Chicago isnt the only beneficiary of Griffins wealth; over the years, the financial titan has made no shortage of donations to charitable causes. In 2008, Griffin was honored when the Institutional Investors Alphas Hedge Fund Manager Hall of Fame inducted him as a member. The Overdeck foundation, chaired by Laura Overdeck, emphasizes providing educational opportunities, focusing on early childhood, educators, out-of-school STEM (science, technology, engineering, and math) training, and the use of data. [52], Griffin donated $21.5 million to the Field Museum of Natural History and its dinosaur exhibit is named the Griffin Dinosaur Experience. Griffin, whos worth an estimated $31.9 billion, is seeking punitive damages and a trial by jury. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. [9] He serves on the board of trustees at the Whitney Museum of American Art in New York, whose lobby bears his name: Kenneth C. Griffin Hall. [60], Griffin has been on the board of trustees of the Museum of Contemporary Art, Chicago since 2000 and regularly supports its exhibitions. 2023 NYP Holdings, Inc. All Rights Reserved, SEC employee phone probe snags Steve Cohen, Ken Griffin firms: report, Ken Griffins hedge fund Citadel turns record $16B profit in 2022, Citadel boss urges Mayor Eric Adams to make NYC crime top priority, Hedge fund that hosted staff to lavish Disney party expects to return $7B in profits to clients, Miami record by purchasing a waterfront compound. For Griffin, this is just a small slice of real estate empire. Ken Griffin, the billionaire founder of Citadel, recently made headlines after news emerged that hed added a $99 million beach house in Florida to his already considerable property empire. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. I sent them all emails saying, I have a hotel right next door. Ron DeSantis Is Regeneron Investor", "EXPLAINER: The link between Florida Gov. It was a defining moment in my youth when I realized I wanted to be part of a team that liked to collaborate and work together, he told Crains. The History and Evolution of the San Diego Padres Logo, 10 Things You Didnt Know About Eric Garcetti, expense property sale was the comparatively minor $18.75 million paid by George Lucas and his wife for a penthouse. Griffins personal earnings for 2018 are estimated to be a massive $870 million. Dalio, whose Bridgewater Associates is the worlds largest hedge fund firm, with $137 billion in assets, had been bearish for about a year and a half, which helped drive Pure Alphas gains last year. A contemporary update of the classic trawler form on the basis of functionality, Griffin 78 is made for blue-water cruising, with excellent sea-keeping ability and range. It's a name that only traders could truly appreciate. [15][16], In 2003, aged 34, Griffin was the youngest individual on the Forbes 400 with an estimated net worth of $650 million. Corner Office, April 30, 2019
These days, Shaw spends most of his time as chief scientist of D.E. Similarly, because of weaker markets, economies, and inflation rates in other countries, other central banks have also become more inclined to ease, though they have less room to ease than the Fed.. The strip is also a second home to several celebrities, including designer Calvin Klein who tore down one mansion to build a new $75 million one more in line with his style, and Studio 54 co-founder and hotelier Ian Schrager who has owned his four acre property since the 80s. Griffin did just that, and in return for his generosity, Meyer was rewarded with a 70% return on his initial investment. For Griffin, this is just a small slice of real estate empire. [143][144], Griffin has individually supported many candidates including:[146].mw-parser-output .div-col{margin-top:0.3em;column-width:30em}.mw-parser-output .div-col-small{font-size:90%}.mw-parser-output .div-col-rules{column-rule:1px solid #aaa}.mw-parser-output .div-col dl,.mw-parser-output .div-col ol,.mw-parser-output .div-col ul{margin-top:0}.mw-parser-output .div-col li,.mw-parser-output .div-col dd{page-break-inside:avoid;break-inside:avoid-column}, Griffin is an active buyer of modern art and contemporary art from mainstream artists. Guests on the yacht have included Jeff Bezos, the Obamas, and a host of industry celebrities. But he is said to remain involved in certain high-level strategic decisions at D.E. One of his favorite ways of splashing the cash is on building his art collection. In addition to his membership of the Committee on Capital Markets Regulation (a nonpartisan research organization that provides advise on US capital markets to policymakers), Griffin is also an active member of the G100, a community of 100 CEOs that, as their website declares, delivers actionable insights that improve business performance..
Odey, who supported Brexit, bet against the British economy, shorting the British currency and government bonds at the time. . Apparently He doesn't share his mayo with anyone, They would put a personal bowl of mayo right next to Kenny at dinner. Griffin has contributed tens of millions of dollars to political candidates and causes, primarily those of the Republican Party. Billionaire Ken Griffin decided it was time to relocate the headquarters of his giant hedge fund Citadel from Chicago after a colleague was robbed while having a gun pressed to his head during a coffee run, according to a report. https://t.co/OZ5V9DivTW. most difficult decisions hes ever made. Simons also owns a $70 million Gulfstream G650 private jet, according to the website. [99], In a November 2015 interview on CNBC, Griffin said he admires Scott Walker claiming he is an "absolute champion of free markets and a champion of smaller government". Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages roughly $57 billion in assets. $2.5 billion, according to our most recent tally. Griffin has given $1.5 billion to philanthropic causes. The couple divorced in 1996. Let us know. While we do not know much about the textile tycoon who rented this estate, we can get a sense of the clientele Farrell serves from the services he offers. [104][105][106][107], In January 2019, Griffin was singled out by Elizabeth Warren on a Facebook post as someone who can pay her Ultra-Millionaire Tax. Griffins recent spending spree has led many to speculate about whys he splashing so much of his cash on the housing market. Mega-Billionaire Ken Griffin Has Moved His Masterpieces to the Beach The Citadel founder and big-time GOP donor proudly picked up stakes from Chicago and moved to Florida earlier this year. [69], In March 2020, in response to the COVID-19 pandemic, Griffin contributed $2.5 million to support food services for children in Chicago Public Schools. Ken Wagner Consultants Yacht. Hes known for his big property investments, 4. Schwarzman a political ally of, fundraiser for, and big donor to Donald Trump is worth $17.5 billion. In 2006, Greene bought credit default swaps that he later cashed in for a profit of $500 million to $800 million.. Kravis also sits on the board of the Palm Beach Civic Association. [93][77] As part of the divorce, Griffin paid $11.75 million to buy out his wife's interest in their Chicago penthouse. [155], Griffin owns personal residences valued in total at around $1 billion. Some companies then came out with Mayo called Ken's Mayo and Kenny's Mayo. The New York Post reported that Peltz is looking to cash in on the current crisis. Griffin was one of 12 legendary investors inducted that year, with the others being Alfred Jones, Bruce Kovner, David Swensen, George Soros, Jack Nash, James Simons, Julian Roberston, Leon Levy, Louis Bacon, Michael Steinhardt, Paul Tudor Jones, Seth Klarman and Steven A. Cohen. His Siegel Family Endowment supports organizations that are helping to prepare society for the impact of technology, with funding for organizations including Scratch which teaches kids computational thinking skills through coding and efforts like Data and Society, a research institute that examines the social issues that can arise from pervasive technology. [7] Griffin's grandmother, Genevieve Huebsch Gratz, inherited an oil business, three farms, and a seed business. Ken Griffin, the billionaire CEO of hedge fund Citadel, defended his $2 billion investment in short seller Gabe Plotkin's Melvin Capital last month amid the height of the GameStop mania. The yacht where he is isolating, named Rising Sun, was originally built for Oracle founder Larry Ellison. The purchase broke the record for the most expensive sale in Chicago's history. Dalio recently published a new book, Principles for Navigating Big Debt Crises, following on the surprise success of his first book, Principles: Life and Work, published in 2017. Citadel has also been busy snapping up hundreds of millions of dollars worth of commercial property in its new home the trendy financial district of Brickell. The revelers included Paris Hilton and Keith Richards daughter Theodora, according to Page Six. Earlier this year the Massachusetts Pension Reserves Investment Trust approved investing as much as $500 million in Sightway Capital, a Two Sigma company focused on private equity investments. It has exceptional range and seakeeping ability. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Bachelor of Arts/Science, Harvard University. 2023 Forbes Media LLC. Boat Dealers. D.E. [109], In January 2020, Griffin was absent from a signing ceremony for the phase-one trade deal with China at the White House, for which he was criticized by President Donald Trump. [18], In 2006, Citadel acquired the positions of Amaranth Advisors at a steep discount. Englander, the son of Polish immigrants, grew up in Brooklyns Crown Heights neighborhood. (However, its Brevan Howard AS Macro Fund, a new macro fund, was up only about 0.45 percent in its first year.). Billionaire David Geffens $590 million super yacht, Rising Sun (Image: reivax, Flickr). The 3.7-acre property, which boasts 8 bedrooms and occupies an enviable position on Palm Beach, represents the second-biggest property deal in the city to date. [156][159], In 2011, Griffin purchased two oceanfront homes at the Four Seasons Resort Hualalai in Kailua-Kona, Hawaii for $28 million. In 2019, the hedge-fund billionaire Ken Griffin bought a quadruplex on Central Park South for. Infra Spending - The budget 2023 wishlist, Paytm makes single click payments possible with UPI LITE you can now make UPI payments up to 200 without pin, Internet hails Paytm's lightning-fast payments with UPI LITE here's how you can use it, A business class airline passenger who ordered vegan food says it was insulting to be served one banana along with a pair of chopsticks, Vivo V27 Pro Review: Capable camera performance in a sleek form factor, Divgi TorqTransfer Systems IPO subscribed 12% on day 1, Investing is an art and the ultra rich are showing us how, Adani Power to supply nearly 16 pc less power to two Haryana discoms, India's super-rich gear up for a better year ahead: Knight Frank. (Oh yeah that $500 million that hedge fund Ken Griffin manager paid for two pieces of art, mentioned above? Simonson also said in his lawsuit that Griffin did not give him a cut of the profits of Citadel. The ranking came after a very successful year for Citadel, which saw the firms flagship hedge fund return 9.1%, and its other funds return between 6% and 9% net of fees. Billionaires Ken Griffin and Gov. Shaw Research and as a senior research fellow at the Center for Computational Biology and Bioinformatics at Columbia University. Hes one of the highest-earning hedge fund managers in the world, 15. [125], In 2020, Griffin donated $20 million to the Coalition To Stop The Proposed Tax Hike Amendment, a group opposing the Illinois Fair Tax in its 2020 referendum. According to the suit, Griffin struck a deal with a prominent Chicago investor in the late 1980s. In response, Griffin made the decision to turn Citadel from a hedge fund into a mainstream investment company, believing this the best way to withstand any changes or disruptions in the market. Hes the vice-chairman of the Chicago Public Education Fund. [63] In February 2015, Griffin donated $10 million to the Museum of Contemporary Art, Chicago and used to create the Griffin Galleries of Contemporary Art. The firms Spectrum fund returned 9.9 percent, and the Compass fund rose 13.9 percent. Those gains helped Simons to No. Yacht prices in Quebec. [101], In May 2017, Griffin praised Donald Trump's efforts at tax and healthcare reform[102], In 2018, it was announced that Griffin had been appointed the national finance chair for the New Republican PAC fueling, Senator Rick Scotts Super PAC. This is because the prices for the Los Angeles Lakers have seen some significant, Read More How Much Does It Cost to Attend a Los Angeles Lakers Game?Continue, You may have heard the old adage, Know who you are and act that way. That is a great piece of advice for any individual. And while finding enough space to wait out the pandemic is something many struggle with, billionaires have been escaping to their second (or third, or fourth) homes to ride it out in luxury all while they position themselves to further profit off of this crisis. Other significant purchases include Willem de Koonings 1955 oil painting, Interchange, and Jackson Pollocks 1948 painting, Number 17A, both of which were purchased from music mogul David Geffen for $300 million and $200 million respectively. [11], In the early 2000s, Griffin founded market maker Citadel Securities. That performance undoubtedly helped Millennium raise $3.7 billion at the end of last year for a new five-year share class that limits investor redemptions to 5 percent per quarter, compared with the more common policy of 25 percent per quarter. Times Syndication Service. Last year, Coleman and his wife, Stephanie, invited a select group to a post-gala party at their $52 million, East 66th Street co-op apartment, where they spent the evening playing beer pong and spray-painting the walls. [46][47], In 2014, he was elected to a five-year term on the University of Chicago's board of trustees. [138][139], Later in 2021, Griffin promised to donate twice the amount to the Republican opponent of incumbent governor J. [91][92][74] The couple settled their divorce out of court in October 2015, just hours before a public trial over the prenuptial agreement was set to begin. From the Apr 2019 The Rich List 2019. ", "Griffin divorce negotiations no surprise to experts", "Citadel's Griffin Outlines Terms of Prenuptial Agreement in Divorce Fight", "Citadel's Ken Griffin Settles Divorce Case", "Citadel founder's divorce battle over property gets uglier", "What Billionaires Really Spend Each Month", "Hedge Fund Billionaire Ken Griffin Settles Contentious Divorce", "Anne Griffin Seeks to Void Prenuptial Agreement With Ken Griffin", "Ken Griffin asks court to set trial date for divorce", "Billionaire's estranged wife allegedly demands 24/7 private jet", "Anne Dias Griffin reveals days leading to prenup", "Citadel's Kenneth Griffin settles divorce case", "Ken Griffin pays ex-wife $11.75 million for Park Tower penthouse", "Top 25 hedge fund managers earned $13bn in 2015 more than some nations", "Ken Griffin interview: Billionaire talks politics and money", "It's tougher to get a job at Citadel than to get into Harvard, says CEO Ken Griffin", "Ken Griffin, McDonald's among targets at Fight for $15's Chicago protests", "Trump's First 100 Days Get a Warm Embrace from Ken Griffin", "Chicago billionaire Ken Griffin named finance chair for Rick Scott's super PAC", "Hedge fund billionaire Ken Griffin slams Trump for Fed criticism", "Hedge-fund heavyweight Ken Griffin fears Trump knocks on Fed eroding faith in dollar", "Jay Powell Can Always Go Work For Ken Griffin If This Fed Chair Thing Doesn't Work Out", "Trump asks absent hedge fund billionaire Ken Griffin to stand at trade signing", "At White House ceremony, President Trump calls out for no-show Chicago billionaire Ken Griffin: 'Where the hell is he? As a result, the firm generated $3.2 billion in net gains for investors last year, landing it on an annual list of the most successful hedge funds of all time by returns generated for their investors published by LCH, a fund-of-funds firm. Griffin, whose net worth is pegged by Forbes at $31 billion, announced earlier this year that his family and the investment firm would decamp from the Windy City in favor of Miami. The fund lost more than 10 percent in the first quarter, according to a document from investment bank HSBC that tracks hedge fund returns. [72][73], In March 2002, Griffin met his second wife Anne Dias-Griffin after being set up on a blind date by a mutual friend. Ken Griffin, billionaire founder of the hedge fund Citadel, reportedly bought the most expensive U.S. home ever, an NYC penthouse for about $238 million. Ken Griffin, the billionaire founder of Citadel, recently made headlines after news emerged that he'd added a $99 million beach house in Florida to his already considerable property empire. If you want to see a quintessential billionaire enclave, look no further than Palm Beach, the 18-mile Florida island, sitting on the rim of the Atlantic Ocean, home to a slew of private equity and hedge fund executives. Englander and his wife, Caryl, donate large sums of money each year to a wide array of Jewish organizations and yeshivas, as well as to hospitals. Even so, Griffin saw his total earnings decline by nearly 40 percent. [129][130], In 2020, Griffin donated $2 million to an anti-retention effort for Justice Thomas L. Kilbride, a democrat on the Supreme Court of Illinois. The philanthropically minded Simons also spends some of his enormous wealth on himself. [77][78] The couple had entered into a prenuptial agreement which governed the split of their assets in the event of a divorce. The 53-year-old financial tycoon cited Chicagos soaring rate of violent crime as a key factor in the decision, telling Bloomberg News that he has personally been affected by Chicagos descent into what the news site calls anarchy.. The firms long-only fund, Tiger Global Long Opportunities, gained 3.4 percent last year, despite a 12.7 percent loss in the fourth quarter. They were sold to him by David Geffen). The 3.7-acre property, which boasts 8 bedrooms and occupies an enviable position on Palm Beach, represents the second-biggest property deal in the city to date. If you're happy with cookies click proceed. His total stands at more than $46.7M", "Billionaire Ken Griffin, in battle with Gov. [62] The Paul Czanne paintings have also been loaned to the institute. Nelson Peltz, who heads up the hedge fund Trian Partners, owns a $136.4 million oceanfront estate (its called Montsorrel). Click to reveal Griffin, founder and CEO of the Chicago-based hedge fund Citadel, has been assembling waterfront land on the exclusive island, as well as in Palm Beach. Greenes properties stretch beyond Palm Beach. [156][157][158], In 2015, Griffin purchased two apartments at the top of the Faena House, a condominium on Collins Avenue in Miami Beach, Florida for $60 million. He is the founder, chief executive officer, co- chief investment officer, and 80% owner of Citadel LLC, [1] [2] a multinational hedge fund. He was Forbes youngest-ever self-made millionaire, 13. Perhaps most egregious of all, the wealthy are not exactly hunkering down in their mansions once they arrive rather, some are out partying, as if suddenly inoculated from the virus by their well-to-do surroundings. He said the belief "that a larger government is what creates prosperity, that a larger government is what creates good" is wrong. Outraged backlash to his post was so swift and severe that Geffen deleted his account. Gavin Newsom (D) blocked the move. [49][50], In November 2017, Griffin's charitable fund made a $125 million gift to support the Department of Economics of the University of Chicago, renamed the Kenneth C. Griffin Department of Economics. Both were bought by hedge fund billionaire Ken Griffin. Its Valence fund rose 7.9 percent for the year. He contributed to the building of a chapel, 19. She has a striking interior, with crme colored paint, sparkling merlot accents and black mist domes and she has fabulous exterior spaces. [14] His funds made 43% in 1991 and 40% in 1992. While Griffin has previously confirmed he holds no political aspirations, hes not reluctant to exert his influence in other spheres. [138][139][140][141] A spokesperson for Citadel denied any wrongdoing, noting that the hedge fund has much larger investments in Pfizer and Moderna. This rental is a window into the pampered opulence the wealthy expect to maintain in the midst of a global pandemic. ", "Warren presses Citadel CEO Griffin about relationship with Robinhood, payment for order flow", "The Citadel Link: What Ken Griffin Has to Do With GameStop", "Hedge fund king, a GOP megadonor, faces off with Democrats", "5 things to know about GameStop and what Ken Griffin has to tell Congress", "Evidence-Based Tutoring Program Scales to Address Learning Loss and Persistent Opportunity Gaps in Major Urban Districts", "Chicago Economist's 'Crazy Idea' Wins Ken Griffin's Backing", "Citadel's Griffin Gives Harvard $150 Million for Student Aid", "Hedge fund manager Griffin gives $150 million to Harvard", "Is Ken Griffin serious about a Citadel HQ move? But he is also a member of the Chicago Public Education fund fundraiser for, a... A result, the fund made money in December, when stocks once again sharply.. 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