Top $43 Billion Hedge Fund Citadel Founder & Billionaire Ken Griffin with $27 Billion Fortune, Joins Ricketts Family to Bid for Russian Abramovich $3 Billion Chelsea Football Club
19th March 2022 | Hong Kong
Top $43 billion hedge fund citadel founder & billionaire Ken Griffin with $27 billion fortune, has joined the Ricketts family to bid for Russian Roman Abramovich’s $3 billion Chelsea Football Club. Spokeperson for Ken Griffin – Zia Ahmed: “Griffin’s bid is an individual one and has nothing to do with the hedge fund business.” The Ricketts Family: “The Ricketts Family, owners of the Chicago Cubs, can confirm they will be leading an investment group that will make a formal bid for Chelsea Football Club. As long-time operators of an iconic professional sports team, the Ricketts Family and their partners understand the importance of investing for success on the pitch, while respecting the traditions of the club, the fans and the community.” The European Union had placed Russian Roman Abramovich on the list of sanctioned individuals.
“ Top Hedge Fund Citadel Founder & Billionaire Ken Griffin with $27 Billion Fortune, Joins Ricketts Family to Bid for Russian Abramovich $3 Billion Chelsea Football Club “
Kenneth C. Griffin, Founder and CEO of Citadel
Kenneth C. Griffin is the Founder and Chief Executive Officer of Citadel, a global alternative investment firm. Ken began trading from his dorm room at Harvard in 1987, installing a satellite dish on the roof to receive real-time stock quotes. Three years later, he founded Citadel, believing that the integration of exceptional talent, advanced quantitative analytics and leading-edge technology would generate consistent, strong long-term performance. Today, the firm is recognized as one of the most successful alternative investment firms in the world, investing on behalf of capital partners that include preeminent public, private and non-profit institutions.
In 2002, the team at Citadel established Citadel Securities, now one of the leading market markers in the world. Citadel Securities has been at the forefront of the modernization of markets and market structures, which has delivered enormous benefits to investors globally. Its institutional business serves more than 1,600 clients, including many of the world’s largest sovereign wealth funds and central banks. Over the past two decades, Citadel Securities has advocated for and created more open, transparent, competitive and resilient markets, both in the US and abroad. Ken has contributed more than $1 billion philanthropically in recent years, including catalytic giving to expand access to high-quality education at every level, advance medical research, reduce recidivism and violent crime, enhance public spaces and support our country’s world-renowned cultural institutions. Ken holds an A.B. in Economics from Harvard College and serves on a number of boards that reflect both his commitment to driving upward mobility through economic and educational opportunities and his passionate support for cultural institutions that enrich our lives and communities.
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