Ken Griffin Girlfriend Melissa Bley (2024)

FAQs

How much is the CEO of Citadel worth? ›

As of April 2023, Griffin had an estimated net worth of $35 billion, making him the 38th-richest person in the world.

Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages $59 billion in assets. Griffin founded Citadel in 1990 but first began trading from his Harvard dorm in 1987. He put a satellite dish on the roof to get real-time stock quotes.

37.4 billion USD (2024)

Kenneth C. Griffin / Net worth

Ken Griffin filed for divorce from his wife back in July, reportedly while his wife and three children were away in London.

Citadel Salary FAQs

What is the highest salary at Citadel? The highest-paying job at Citadel is an Analyst with a salary of ₹3,60,495 per year (estimate). What is the lowest salary at Citadel? The lowest-paying job at Citadel is a Software Engineer with a salary of ₹2,98,919 per year (estimate).

For the full year 2023, Citadel Securities reported earnings of about $2.76 billion, with $725 million earned in the last quarter alone.

Who Is the Richest Hedge Fund Manager? Ken Griffin of Citadel is both the richest hedge fund manager and the highest paid. In 2022, he earned $41. billion, and by the beginning of 2023 his net worth was estimated at $35 billion.

Griffin is known for his hedge fund's prowess, but his greater genius may have been in the establishment of Citadel Securities. Created in 2002, the company was valued at $22 billion in 2022, when VC investors took a stake in it. Griffin still owns an estimated 80% of the company.

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. Citadel Securities moved its headquarters from Chicago to Miami with plans to build a new headquarters on Brickell Bay Drive.

Commodities is one of five core strategies at Citadel, along with equities, credit and convertibles, quantitative strategies and fixed income and macro. Citadel tops the list of hedge funds that have had the biggest profits since launch, with about $74 billion in net gains, according to estimates by LCH Investments.

How much money did hedge funds lose on GameStop? ›

Major Hedge Funds Affected: Among the hedge funds that faced significant losses due to their positions against GameStop: Melvin Capital: Experienced a 49% loss in its investments in the early months of 2021 and required a $3 billion bailout.

While Griffin's hedge fund attracts significant attention and praise, he earns nearly as much from the similarly named yet far lesser-known separate entity, Citadel Securities. Citadel Securities is one of the largest market makers in the world.

The estimated total pay range for a CEO Founder at Citadel is $256K–$478K per year, which includes base salary and additional pay. The average CEO Founder base salary at Citadel is $207K per year. The average additional pay is $134K per year, which could include cash bonus, stock, commission, profit sharing or tips.

Citadel LLC is one of the largest hedge funds based in the U.S., with approximately $92.46 billion in total assets under management as of Sept. 30, 2023. Citadel has generated roughly $74 billion in total gains since its inception in 1990, making it the most successful hedge fund of all time.

In 2023, the highest-paid hedge fund manager was Ken Griffin of Citadel, who earned $4.1 billion. He was followed by Izzy Englander of Millennium Management, who earned $3.2. billion.