Citadel LLC CEO Ken Griffin is reportedly arrested for market manipulation and racketeering, as reported by a YouTube video posted by Stock Talk Daily.
Ken Griffin is an American entrepreneur who is most noted as the founder, CEO, co-chief investment officer, and 80% owner of Citadel LLC.
Apart from that, he is also a hedge fund manager and investor who has contributed millions of dollars to political candidates and causes.
And now, the billionaire is in the limelight after his detention news circulated on social media. Explore more about this topic below.
Why Was Ken Griffin Arrested?
According to Stock Talk Daily, Ken Griffin was arrested for market manipulation and racketeering. However, the mentioned news in the respective YouTube video appears to be in the past.
The arrest news of Griffin is also going viral on Reddit. A Reddit user posted something about the arrest of Griffin more than 11 months ago. So, it can be said that Griffin is now free and has no charges.
On the other hand, Griffin’s mentor Rush E. Simonson filed a fraud case against him, alleging that Griffin was entitled to a share of the profits of Citadel for producing a computer program upon which Citadel was founded.
However, Simonson dropped the lawsuit and apologized to Griffin in January 2007.
Ken Griffin’s Net Worth Is In The Billions
As we know, Ken Griffin is a billionaire, and Forbes reports his net worth is $25.9 billion. Griffin serves as the CEO of Citadel LLC, a hedge fund with $43 billion in assets under management.
Apart from that, he is also the owner of the largest market maker in the U.S, Citadel Securities. So, working in multiple companies, Griffin surely makes a massive amount of money.
For your information, he is ranked 47th on the Forbes 400 list of richest people in the United States of America. Likewise, Griffin also owns an art collection valued at $800 million and personal residences valued at over $1 billion.
Griffin owns two private jets, a 2001 Bombardier Global Express and a 2012 Bombardier Global 6000.
Ken Griffin’s Wife In 2022
As of 2022, Ken Griffin is not married and does not have a wife. Meanwhile, he was married multiple times in his past. He and his first wife, Katherine Weingartt, met each other in high school. The exact date of their marriage is anonymous, but the former pair got divorced in the year 1996.
And Griffin met his second wife, Anne Dias-Griffin, in March 2002. They were placed on a blind date by their mutual friend. Not to mention, Dias-Griffin is a French-American investor and philanthropist.
Furthermore, they got married in July 2003. After some time of being married, they welcomed kids, and they are the parents of three children.
Moreover, Griffin and Anne officially divorced in 2015, and their divorce settlement also made headlines in many media outlets.
Ken Griffin Age Revealed
Ken Griffin was born Kenneth Cordele Griffin on October 15, 1968, making his age 53 years old as of early 2022. He was raised in Daytona Beach, Florida. His dad had multiple jobs and was a project manager for General Electric.
Further, Griffin also spent his early days in Boca Raton, Florida, Texas, and Wisconsin. As for his education, Griffin attended middle school in Boca Raton. He also went to Boca Raton Community High School. And in the fall of 1986, Griffin went to study at Harvard College.
His career started when he moved to Chicago after graduating in 1989.