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Ken Griffin Businesses: What Company Does Ken Griffin Own?

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American investor, Ken Griffin, owns Citadel LLC is an American multinational hedge fund and financial services company.

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Griffin, 53, began trading in 1987 from his Harvard dorm, installing a satellite dish on the roof to get real-time stock quotes.

He founded the hedge fund Citadel LLC in 1990, which today manages over $39 billion in assets.

Griffin is among the most successful executives in the history of Wall Street. Forbes magazine recently estimated his wealth at $26.5bn, making him the richest individual to be publicly linked with the Chelsea auction so far.

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Photo Credit: CNBC

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.

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


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