Kenneth Cordele Griffin

Hedge Fund Manager, Entrepreneur, Investor

American Daytona Beach, Florida

Quick Info

ProfessionHedge Fund Manager, Entrepreneur, Investor
NationalityAmerican
Date of Birth15/10/1968
Age57 years
BirthplaceDaytona Beach, Florida

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Bio/Wiki

SummaryKenneth Cordele Griffin is an American hedge fund manager and entrepreneur who founded Citadel LLC, one of the most profitable hedge funds in history. He also owns Citadel Securities, a major market maker in the United States.

Educational Qualification(s)

UniversityHarvard University
DetailsA.B. with Honors in Economics, 1989. Sophomore when he began trading in 1987.

Career

Key Positions
  • Founder of Citadel LLC
  • Chief Executive Officer of Citadel LLC
  • Co-Chief Investment Officer of Citadel LLC
  • 80% Owner of Citadel LLC
  • Founder and Non-Executive Chairman of Citadel Securities
Timeline
  • Year: 1987 Event: Started trading from Harvard dorm room at age 19 with fax machine, personal computer, and telephone
  • Year: 1989 Event: Graduated from Harvard; moved to Chicago to work with Frank Meyer at Glenwood Capital Investments
  • Year: 1990 Event: Founded Citadel LLC
  • Year: Early 2000s Event: Founded Citadel Securities
  • Year: 1986 Event: Began investing from Harvard dorm room
  • Year: 1987 Event: Started trading from Harvard dorm room at age 19 with fax machine, personal computer, and telephone. Launched a small hedge fund.
  • Year: 2002 Event: Founded Citadel Securities as a market maker in the United States capital markets
Assets Under ManagementOver $65 billion in investment capital

Some Lesser Known Facts

1. Started trading as a 19-year-old sophomore at Harvard University from his dorm room
2. Donated over $500 million personally and through the Citadel Foundation to educational and cultural causes
3. Major philanthropic contributions include support to University of Chicago, Ann & Robert Lurie Children's Hospital, Field Museum of Natural History, Art Institute of Chicago, Museum of Modern Art, and American Museum of Natural History
4. Math prodigy who excelled in high school
5. Avid art collector; notable purchases include Willem de Kooning’s ‘Interchange’ for $300 million in 2016 and Jackson Pollock’s ‘Number 17A’ for $200 million.
6. Insights instrumental in the launch of Operation Warp Speed’s accelerated COVID-19 vaccine development and deployment strategies.
7. Inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame in 2008.
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