Is Citadel Founder Ken Griffin Arrested For Racketeering? Charges Explained

The founding father of Castle, Ken Griffin, is alleged to be arrested for fraud. He has made some huge cash in trade and has an enormous web price.

Ken Griffin is an American who runs hedge price range, runs a trade, and invests cash. He began the world hedge fund Castle LLC, is its founder, CEO, and co-chief funding officer, and owns 80 % of the corporate.

Castle Securities, the most important marketplace maker in the USA, is some other corporate he owns. In January 2021, Griffin was once criticized for Castle’s function within the GameStop brief squeeze.

Griffin was once on the Millennium Park performances of the Chicago Symphony Orchestra in 2010. He additionally supported the College of Chicago’s Middle for City College Development.

Is Castle Founder Ken Griffin Arrested? In finding Out What He Owes

In 2021, it was once stated that Ken Griffin, who began the corporate Castle, can be arrested at his house in Chicago on fraud fees in opposition to his corporate.

However in 2022, he now not has any fees or unhealthy data. He’s recognized for doing just right issues and giving cash to a large number of charities and political events.

Within the overdue 1980s, the lawsuit says, Griffin made a care for a well known investor in Chicago. In January 2007, Simonson stated sorry to Griffin and dropped the case.

The lawsuit stated that Griffin and Simonson didn’t begin to get a divorce their partnership, however as an alternative laid the groundwork for Castle.

Griffin is accused of the usage of Simonson’s program on this method with out his permission. In his lawsuit, Simonson additionally stated that Griffin didn’t give him any of Castle’s cash.

Ken Griffin Spouse: Is He Married?

In his existence, Ken Griffin were given married two times, so he has two ex-wives. Ken and Anne Dias-Griffin were given a divorce with out going to court docket in October 2015. He and his ex-wife nonetheless care for their youngsters in combination.

She was once born in France and went to Harvard Industry College. Prior to beginning Aragon World Control, a $55 million corporate with places of work in Chicago, she labored at Viking World Traders, Soros Fund Control, and Goldman Sachs.

Upon getting married in July 2003, that they had 3 kids. Griffin requested for a divorce from his 2nd spouse in July 2014 in Cook dinner County, Illinois, mentioning “irreconcilable variations.”

Griffin’s first spouse was once his highschool sweetheart, Katherine Weingartt. In 1996, they determined to separate up. Griffin and Anne Dias-Griffin met in March 2002 on a blind date arrange by means of a pal they each knew.

Ken Griffin Has A Massive Internet Price

The Forbes 400 checklist says that Ken Griffin is the 47th richest particular person in the US. He has an enormous web price of $25.6 billion or $29 billion.

Griffin has given tens of tens of millions of greenbacks to political events, teams, and applicants, most commonly within the type of donations to the Republican Birthday celebration. He has additionally given cash to a large number of just right organizations, particularly ones that lend a hand the humanities and schooling.

Griffin was once the youngest particular person at the Forbes 400 on the time. He was once 34 years previous and was once considered price $650 million. Within the early 2000s, Griffin began a trade referred to as Castle Securities.

Griffin made 900 million greenbacks from Castle LLC in 2009, 1.four billion greenbacks in 2014, 600 million greenbacks in 2016, 1.four billion greenbacks in 2017, 870 million greenbacks in 2018, a thousand million greenbacks in 2019, and 1.eight billion greenbacks in 2020.

What does Ken Griffin’s age appear to be?

In step with data on his Wiki web page, Ken Griffin was once 53 years previous in 2022.

Griffin was once born in Daytona Seashore, Florida, in 1968. His father was once a trade chief within the development provides trade. Griffin’s dad had many roles, together with being a mission supervisor for Normal Electrical.

Griffin’s grandmother, Genevieve Huebsch Gratz, were given an oil trade, 3 farms, and a seed trade as items. Griffin was once born in Florida and grew up there. He additionally lived in Wisconsin and Texas for some time.

After center college, he went to Boca Raton Neighborhood Top College, the place he was once president of the mathematics membership.