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In November 2020, according to Bloomberg News, Griffin's net worth surpassed $20 billion due to an increase in the value of Citadel, of which Griffin's stake was worth $11.2 billion. [29] 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 ...
Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by Ken Griffin , it has more than $63 billion in assets under management as of June 2024 [update] .
In January 2021, Cohen's hedge fund Point72 joined Ken Griffin's Citadel in putting $2.75 billion into Melvin Capital, the hedge fund of former Cohen protege Gabe Plotkin, as a result of the GameStop short squeeze. [27] [28] Cohen denied that his involvement with the short squeeze would affect his willingness to spend money on the New York Mets ...
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Citadel Securities is a separate entity from the hedge fund Citadel LLC, although both were founded and are majority owned by American hedge fund manager Kenneth C. Griffin. [8] Citadel Securities moved its headquarters from Chicago to Miami in 2022 [9] [10] with plans to build a new headquarters on Brickell Bay Drive.
Ken Griffin is a billionaire investor best known for founding the hedge fund Citadel Advisors. While it owns a number of individual stocks across all industry sectors, the fund takes positions in ...
Billionaire, philanthropist and Citadel CEO Ken Griffin has donated $50 million to go toward research and care at Baptist Health South Florida for Alzheimer’s and other neurodegenerative disorders.
Citadel founder Ken Griffin said that he recently moved to Florida with his family and has plans to build a new office tower in Miami's business hub.