Ken Griffin Net Worth – How Much is He Worth?

This article covers detailed information about Ken Griffin net worth, income sources, biography, and more.

So, without any further ado, let’s get started –

Ken Griffin Net Worth 2023

According to a recent estimation, Ken Griffin’s net worth is $35 billion.

Ken Griffin is an entrepreneur and investor. He is Citadel LLC’s founder, Chief Executive Officer, and Co-Chief Investment Officer. Citadel LLC is a global hedge fund and financial services company, and Ken Griffin is the company’s founder and 80% owner.

Ken Griffin Earnings Sources

The main source of Ken Griffin’s income is Citadel LLC. He earns a management fee of 2% of the fund’s assets and a performance fee of 20%. This company provides financial services and has a fund with over $35 million in assets under management.

He also earns from the company he founded, Citadel Securities, in 2002. Griffin is a frequent public speaker and charges around $100,000 to $500,000 for an event.

Griffin also published two books, “The Education of a Value Investor” and “A Practical Guide to Value Investing.” and earns royalty from their sales.

Throughout his career, Ken Griffin made a net worth of $35 billion.

Ken Griffin Biography and Early Life

Ken Griffin was born on October 15, 1968, in Daytona Beach, Florida. His father was a project manager at General Electric and held various jobs. Ken Griffin grew up in Boca Raton, Florida but also spent some time in Texas and Wisconsin.

He went to Boca Raton for his middle school and Boca Raton community for high school. Griffin was president of his school’s math club. Griffin started his first investment in 1986 when he was a student at Harvard University.

After he completed his graduation, Frank C. Meyer, founder of Glenwood Capital LLC and investor, provided $1 million to Ken Griffin. Griffin did an excellent job, and Meyer earned a 70% return on that investment.

In 1990, Citadel was founded by Ken with $4.6 billion. By 1998, Citadel had made $1 billion in investment capital. Ken Griffin was the eighth richest American under the age of forty in the “self-made” category. He was 35 years old at the time.

Griffin was the fifth youngest of the seven members under the age of 40 on the Forbes 400 list in 2006. Citadel received the “Top 10 Great Workplaces in Financial Services” award. Citadel was recognized for being a great place to work in 2015, based on a survey of Citadel employees.

Ken Griffin Citadel Securities

Griffin founded Citadel Securities in 2002 and is the CEO of Citadel LLC, a hedge fund. Citadel Securities is the largest market maker in the world, and they generate 20%  of all U.S. stock trades.

In 2022, Citadel Securities generated over $100 billion in revenue, through which Ken Griffin doubled his net worth.

Citadel Securities is a major player in the financial markets. It provides liquidity and market data to its customers and helps ensure that the markets are fair and efficient.

Ken Griffin Wife

Anne Dias Griffin, born January 1, 1970, is the wife of Ken Griffin. She is a French-American investor and philanthropist. Anne Dias Griffin is the founder and chief executive officer of Argon. The company is a global equity investment firm.

She was born in Strasbourg, France. She received her MBA degree from Harvard Business School. In 1992, Anne Dias Griffin moved to the United States to study at Georgetown University School of Foreign Service.

FAQs

How did Ken Griffin make his money?

Griffin makes most of his money from Citadel. Griffin has $9 billion of personal assets in Citadel funds.

What did Ken Griffin study at Harvard?

He studied economics at the Harvard School of Business.

What is Ken Griffin Net worth?

According to a recent estimation, Ken Griffin’s Net worth is $44 Million

Who is Ken Griffin’s Wife?

Griffin married his wife, Anne Dias Griffin, in 2003. The couple got divorced in 2014.

When did Ken Griffin start Citadel Securities?

Griffin founded Citadel Securities in 2002 and is the CEO of Citadel LLC, a hedge fund.