For Billionaire Ken Griffin, 54, whose personal net worth is estimated at $32 billion, money is no issue.
of Citadel and Citadel Securities and their families to party at Walt Disney World in Florida for three days of celebrations in the Magic Kingdom and other theme parks, Citadel spokesman Zia Ahmed said.
The generous billionaire even picked up the hefty tab for flights from New York, Houston, Paris, Zurich and other cities. He also paid for hotels, park tickets, and meals ranging from lamb chops to sushi and paella.the outletProven to be a record year for Citadel and Citadel Securities, the festivities marked the 20th anniversary of Citadel Securities and the 32nd anniversary of the hedge fund, whose original party plans in 2020 were wiped away by the pandemic.
“We have built the most extraordinary team not only in our history — but also in the history of finance,” Griffin told the crowd, the spokesman said. “We have an incredible future ahead of us – and I look forward to the chapters yet to be written.”, Citadel has been the top dog regarding investment returns. This year’s gains coincide with double-digit losses at other big hedge funds, including Tiger Global Management.
Over the last five years, Citadel’s Wellington fund returned 172.2%, beating the S&P 500′s 68.4% return and the average 25% return posted by hedge funds, according to an investor. Griffin was born in the state of Florida, so it’s no mystery the Sunshine State has become incredibly important to his business. So much so that he announced plans to relocate the headquarters of the hedge fund and trading firm to Miami from Chicago., Griffin has donated more than $1.5 billion to the arts, educational and medical causes over his lifetime.
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