Chicago, IL

The Richest Man In Illinois

Matt Lillywhite

Ken Griffin is a billionaire who lives in Chicago, Illinois. He's also the richest man in Illinois, according to Forbes, with a net worth exceeding $26 billion.

In the fall of 1986, Ken Griffin enrolled at Harvard College. One of his first investments that year was to buy put options on Home Shopping Network, from which he profited $5,000. He persuaded school administrators to let him install a satellite dish on the roof of the Cabot House dormitory to receive stock quotes, despite a ban against establishing businesses on campus. Ken graduated in 1989 with a degree in economics.

Griffin relocated to Chicago in 1989 to work for Glenwood Capital Investments founder Frank Meyer. He was given $1 million of Glenwood capital to trade with, and Ken generated a 70 percent profit in a year. It's worth mentioning that Ken launched Citadel LLC a year later, in 1990, with $4.6 million in assets under management, with Meyer's help.

Throughout his life, Ken Griffin has donated a lot of money to charity and important causes. He donated to the Chicago Symphony Orchestra's Millennium Park productions. He also supported the Center for Urban School Improvement at the University of Chicago.

Ken Griffin is very politically active in local and national elections. He has previously donated to many Republican politicians including Ron DeSantisMarco Rubio, and other prominent names. In the 2020 Presidential election, he contributed a total of $66 million.

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