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Birmingham Post
Birmingham Post
Business
Jon Robinson

Group owned by one of the world's richest men snaps up Boohoo shares

Boohoo Ken Griffin AO

A group owned by one of the richest men in the world has snapped up a stake in fashion giant Boohoo.

Citadel GP LLC is majority owned by billionaire founder and chief executive Ken Griffin who provided funding to the Ricketts family in their bid to buy Chelsea from Roman Abramovich.

The group now has a stake worth more than 5% in Boohoo which makes it one of the largest single shareholders in the Manchester-headquartered company.

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