Ken Griffin, the founder and CEO of Citadel, began his hedge fund journey while still a student at Harvard in the late 1980s. At just 19 years old, he installed a satellite dish on the roof of his dormitory to access real-time market data. Using capital raised from friends and family, he started trading convertible bonds, quickly demonstrating a keen talent for investing.
Griffin’s early success attracted the attention of seasoned investor Frank Meyer, who entrusted him with $1 million to manage. Griffin delivered strong returns on that investment, further proving his skills and building his reputation in the financial world. This pivotal moment played a significant role in launching his professional career.
In 1990, Griffin founded Citadel, which has grown into one of the most influential hedge funds in the world. Today, the firm oversees more than $60 billion in assets under management and is renowned for its cutting-edge technology, quantitative strategies, and consistent performance in the global financial markets.
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Media: The Economic Club of Chicago