Ken Griffin
Citadel Founder & Highest Paid Hedge Fund Manager
Ken Griffin
Quantitative Trading
Key Stats
Net Worth
$35 Billion
Origin
American
Lifespan
Born 1968 (58 years old)
Biography
Kenneth Griffin is the founder and CEO of Citadel, one of the world's largest and most successful hedge funds. He started trading from his Harvard dorm room and built a financial empire that includes both Citadel the hedge fund and Citadel Securities, a major market maker.
From Dorm Room to Empire
Griffin started trading convertible bonds from his Harvard dormitory in 1987. He founded Citadel in 1990 at age 22 with $4.6 million.
Citadel
Today, Citadel manages over $60 billion and Citadel Securities handles roughly 25% of all U.S. equity trades. The flagship fund has returned 19% annually since inception.
Investment Approach
Citadel employs:
- Multiple trading strategies
- World-class technology infrastructure
- Quantitative and fundamental analysis
- Global macro and equity market making
Trading Philosophy
"I know the markets are very hard to time. But if you're an investor, you can do quite well in periods of uncertainty."
Famous Trades
Multiple strategies
Citadel's flagship fund returned 38% in 2022 while most funds struggled.
Record Year
+38%
Legendary Quotes
"I know the markets are very hard to time. But if you're an investor, you can do quite well in periods of uncertainty."
"Success is the product of hard work, talent, and luck."