Ken Griffin
Source of wealth: Hedge funds
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Biography
Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages $68 billion in assets.
Griffin founded Citadel in 1990 but first began trading from his university dorm in 1987. He put a satellite dish on the roof to get real-time stock quotes.
Citadel is the world's most profitable hedge fund and has generated $83 billion in net gains since inception in 1990, according to LCH Investments.
Citadel Securities, one of Wall Street's biggest market-making firms, is responsible for one of every four stock trades in the U.S.
Griffin has given some $2.4 billion to philanthropic causes. Recent beneficiaries include Memorial Sloan Kettering Cancer Center and nonprofit hospitals in Miami.
Perspective on their fortune
Gold
Everyday luxury
A Ken Griffin's fortune is equivalent to 339 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.
A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.
Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3
Ken Griffin could buy 90,335,233 gold rings. That's a lot of fingers and a lot of gifts!!
And if the number of rings is difficult to visualize, all these rings would need 16 trucks to transport them, But we can be almost certain that Ken Griffin will have enough left over to pay for the gas for those trucks.
Health
The price of life
Let's compare Ken Griffin's fortune with the healthcare spending of a huge country
Ken Griffin could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 22.6 years.
But even if we compare their fortune to that of a rich country
At the other extreme, Ken Griffin could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 10.0 years
Education
Buying the future
Lowest education spending
Ken Griffin could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 14.8 years.
Highest education spending
But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Ken Griffin could pay for it in full for 20.1 years.
Research
The monopoly of progress
Lowest research spending
Ken Griffin could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 84.6 years.
Highest research spending
But even if we compare the total wealth of Ken Griffin with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.9 years.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison