Ken Griffin was born in Daytona Beach that is located in Florida. Early in his life, he started to invest, and this happened after he had read a magazine. During his second year while schooling at Harvard University, he established a Hedge fund that had its sole focus on the convertible bond arbitrage. Because he did not have enough resources, he borrowed some money from friends, and the rest he got from his grandmother. While still at the University, he managed to install a satellite link that was supposed to enable him get market data in real time. During the stock market crash that happened in 1987, his method of investment did help him greatly in preserving his capital. In 1989 is when he was able to graduate from the University with a bachelor’s degree in economics.
Immediately after graduating, he met Frank Meyer, an investor and also the initiator of Glenwood Capital, who offered him more than $1 million to invest. Surprisingly, Griffin did go beyond Meyer’s anticipation because he made 70 percent more return on the money which was offered by Frank Meyer. In 1990, Ken Griffin founded Citadel and by 1998, the company had grown enormously because it was able to provide work for more than 100 employees. By 2002, Ken Griffin was among the world’s 100 most high-ranking persons in the world. At the young age of 34, Ken Griffin was categorized as the youngest person in the list the richest individuals who were self-made. In 2007, his estimated worth was more than $3 billion and by 2014, his estimated total net worth was more than $5.5 billion.
Due to his hard work and commendable management skills, Citadel was in March 2015 awarded with the top ten awards in recognition of the company’s effort in creating a good workplace for its employees. Currently, Valuewalk’s Griffin serves as a board member of a committee that is concerned with capital market regulation. He is an active member of the G100, which is a group of top ranked 100 chief executive officers who meet after a certain period to discuss and make recommendations on the global economy. In 2014, through an election, he was given the mandate to serve a term of five years in the board of trustees at the University of Chicago. He is a registered member of numerous organizations that include the economic club and the commercial club of Chicago.
Ken Griffin has made many donations to support various needs. He has so far contributed millions of dollars to cater for the institution that are located in Chicago. He did team up with others to launch a school called the Woodlawn High School. Ken Griffin loves the artwork. That is why he has managed to allocate most of his time in doing gathering and also the support of art. As an active faithful of the Presbyterian Church, he did throw in a substantial amount of money that enabled the purchase of a new facility for the church. The facility was later named in honor of Ken Griffin’s parents.