Kenneth Griffin, the richest American under forty, in the category of self-created business

Kenneth C. Griffin (born October 15, 1968, Daytona Beach, Florida) is a hedge fund menidzhar.Grifin is the founder and CEO of Citadel, a global investment firm. group of hedge funds Citadel ranks among the largest and most successful hedge funds in the world. Forbes identified Griffin in 2012 with the highest profit, as one of the hedge fund managers.

Griffin had a net value of about $ 5.5 billion in October 2014. With approximately $ 24 billion capital investment to September 2014, Citadel is one of the largest companies with alternative investment management worldwide. In early 2014, Griffin made a donation of $ 150 million for the financial aid program at Harvard University, his alma mater. The donation is Europe's largest self-donation ever to the institution to date.

Kenneth C. Griffin visited Boca Raton Community High School. Griffin first interested in investments in 1986, reads magazine Forbes. Although still a freshman at Harvard University, he started trading from his dorm room. He installed a satellite connection in his dormitory to obtain market data in real time.

Griffin's first fund was established in 1987, focuses on the convertible bond arbitrage and capitalized with $ 265,000 from friends and family, including taking money from his grandmother. Investment strategy that uses helps to preserve capital in the stock market crash of 1987, of which at the same time Griffin advantage. Griffin's success enabled him to start the second fund, also between the two funds he manages over $ 1 million. Griffin graduated from Harvard in 1989 with a degree in economics.

Citadel was founded by Griffin in 1990 with $ 4.2 million. The company was originally called Wellington Financial Group, while the company officially changed its name to the Citadel in 1994. The name was chosen Citadel, ensuring so effective in times of volatility.

By 1998, Citadel has grown to a team of over 100 employees and $ 1 billion in investment capital. In June 2002, Griffin was described in CFO Magazine and Global 100, as a leader in the list of most influential people in the world of finance.
After nearly twenty years in the industry, Griffin has appeared many times in Forbes- "Forbes 400 as CEO of Citadel". His first appearance on the Forbes 400 was in 2003, with an estimated net worth of $ 650 million. 34 he is the second youngest in the list after Ziff Davis. In September 2004, Fortune Magazine ranked Griffin, who was 35 this year, as the eighth richest American under forty in the category of self-created business. In 2006, , the Griffin is the fifth smallest of the seven members under the age of 40 on the Forbes 400. By 2014, the net value of Griffin is estimated at $ 5.5 million.

In May 2008, he criticized the practice of risk management on Wall Street and said: "As an industry, we have a responsibility to manage risk in a way that is reasonable ... capital markets is controlled by a bunch of young guys who do not really You have seen very real lack of wisdom. Griffin also said: "The industry needs an overhaul, namely to adopt more stringent regulation."

Griffin has donated hundreds of millions of dollars in charitable causes since 1999, including tens of millions to institutions in Chicago. Griffin is a member of several charitable boards, including a number of organizations in Chicago. In October 2006, Griffin and the Bill and Melinda Gates, funding and support the opening of a new school in Chicago called Woodlawn High School.