The two main businesses of Citadel Group are Citadel, which focuses on asset management, and Citadel Securities, which focuses on brokerage business. The latter is one of the largest retail and institutional customer market makers in the United States, and its automated stock trading platform handles about 27% of the US stock trading volume.
According to Forbes data, by the end of 20021,1.5, Griffin's net worth was as high as $21300 million, ranking among the top 50 richest people in the United States.
Unlike many famous investors on Wall Street, Griffin is often tight-lipped about his trading strategy, but his preference for quantitative investment is not a secret in the industry, which stems from his extraordinary talent in mathematics since childhood. This also gives him the potential to lead Citadel to become a leader in quantitative research.
As a representative of Wall Street, the public's attention to Griffin lies not only in how he accumulated huge wealth for himself through investment, but also in how he "redistributed" these wealth. In addition to investing, Griffin is one of the most active philanthropists in the United States, donating hundreds of millions of dollars to various charities. His investments in luxury real estate and expensive works of art are often the focus of media and public attention.
Griffin 1968 was born in Daytona Beach, Florida and grew up in Boca Raton, Florida. Griffin showed a strong talent for mathematics since he was a child, and served as the chairman of the mathematics club in high school.
Not only that, Griffin also has a business mind beyond his peers. When I was in high school, I founded my first company in my dormitory, called "EDCOM", which mainly sold low-cost educational software to professors. 1986, when personal computers were just becoming popular, Griffin boldly predicted in an article in Sun-Sentinel that the job market of computer programmers would be greatly reduced in the next decade.
Griffin's investment career originated from university. The gifted Griffin was admitted to Harvard University on 1986. In the same year, the put option he bought on home shopping online brought him a profit of $5,000. This is just one of his first investments.