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Ken Griffin Net Worth 2024, Career, Businesses.

Ken Griffin net worth

What is Ken Griffin net worth?

Ken Griffin net worth 2024$21.2 billion
Full nameKenneth Cordele Griffin
Date of birthOctober 15, 1968
Occupationhedge fund manager, entrepreneur and investor
Table showing Ken Griffin net worth summary

Ken Griffin Net Worth and Biography

Ken Griffin net worth 2024 is estimated at $21 billion making him the 2nd richest person in Illinois and the 45th richest person in America

Kenneth C. Griffin is the Founder and Chief Executive Officer of Citadel, a global alternative investment firm. Ken began trading from his dorm room at Harvard in 1987, installing a satellite dish on the roof to receive real-time stock quotes.

Three years later, he founded Citadel, believing that the integration of exceptional talent, advanced quantitative analytics and leading-edge technology would generate consistent, strong long-term performance.

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Today, the firm is recognized as one of the most successful alternative investment firms in the world, investing on behalf of capital partners that include preeminent public, private and non-profit institutions.

In 2002, the team at Citadel established Citadel Securities, now one of the leading market markers in the world. Citadel Securities has been at the forefront of the modernization of markets and market structures, which has delivered enormous benefits to investors globally.

Its institutional business serves more than 1,600 clients, including many of the world’s largest sovereign wealth funds and central banks. Over the past two decades, Citadel Securities has advocated for and created more open, transparent, competitive and resilient markets, both in the US and abroad.

Ken Griffin salary

From Citadel LLC, Griffin earned $900 million in 2009, $1.4 billion in 2014 $600 million in 2016, $1.4 billion in 2017, $870 million in 2018, $1.5 billion in 2019, and $1.8 billion in 2020.

Ken has contributed more than $1 billion philanthropically in recent years, including catalytic giving to expand access to high-quality education at every level, advance medical research, reduce recidivism and violent crime, enhance public spaces and support our country’s world-renowned cultural institutions.

Ken holds an A.B. in Economics from Harvard College and serves on a number of boards that reflect both his commitment to driving upward mobility through economic and educational opportunities and his passionate support for cultural institutions that enrich our lives and communities.

Ken Griffin houses

Billionaire Ken Griffin has been on a decade-long, ultra-luxury real estate buying spree, one that not even a tumultuous economy amid a worldwide pandemic can slow. The hedge funder’s latest purchase in Miami Beach’s exclusive Star Island has boosted his global residential real estate investment portfolio to nearly $1 billion.


After graduating in 1989, Griffin moved to Chicago to work with Frank Meyer, founder of Glenwood Capital Investments. Meyer allotted $1 million of Glenwood capital for Griffin to trade and Griffin made 70% in a year.

A year later, in 1990, Griffin founded Citadel LLC, with assets under management of $4.6 million, aided by contributions from Meyer. His funds made 43% in 1991 and 40% in 1992.

In the early 2000s, Griffin founded market maker Citadel Securities.

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In 2003, aged 34, Griffin was the youngest self-made individual on the Forbes 400 with an estimated net worth of $650 million.

From the time of his marriage in 2003 until late 2009, Griffin was the lead investor in Aragon Global Management, a hedge fund run by his then-wife Anne Dias-Griffin. The fund was also seeded with money from Julian Robertson. Ken lost 20% of his investment in the fund.

In 2006, Citadel acquired the positions of Amaranth Advisors at a steep discount.

During the financial crisis of 2007-2008, for 10 months, Griffin barred his investors from withdrawing money, attracting criticism.

At the peak of the crisis, the firm was losing “hundreds of millions of dollars each week”. It was leveraged 7:1 and the biggest funds at Citadel finished 2008 down 55%. However, they rebounded with a 62% return in 2009.

From Citadel LLC, Griffin earned $900 million in 2009, $1.4 billion in 2014 $600 million in 2016, $1.4 billion in 2017, $870 million in 2018, $1.5 billion in 2019, and $1.8 billion in 2020.

In 2015, at his own expense, Griffin hired Katy Perry and Maroon 5 to entertain his employees.

In November 2020, according to Bloomberg News Griffin’s net worth surpassed $20 billion due to an increase the value of Citadel, of which Griffin’s stake was worth $11.2 billion. Citadel Securities, a market maker, increased its profit to $2.36 billion during the first half of 2020 compared to $982 million for the same period in 2019 due to increased volatility, volume and retail trader engagement

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Source: Glusea


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