The Latest Breaking News from Ken Griffin

Citadel’s Founder Says Capping Credit Card Rates Would ‘Reduce the Stock of Credit in Society’ for People Who ‘Literally Start Their Business With Their Visa Card’

The Fed's latest reading puts the average rate on cards carrying a balance at 22.15%, and the bills that would cap it at 10% have not moved.

Barchart · Oct 7

McKinsey: AI will create more jobs than it kills — after destroying 11 million

Only one in seven displaced workers has a direct path to a growing job, and most new work in healthcare and construction can't be done remotely.

Fortune · Oct 3

Ken Griffin’s $3 billion gift exemplifies Florida’s new mindset: from attracting innovation to creating it

Our ambition is to become the place where the next generation of great American companies is built.

Fortune · Oct 1

Historic $3 billion donation from Citadel founder Ken Griffin to Carnegie Mellon University

$1 billion of the donation will go toward CMU’s Pittsburgh campus, with approximately half marked for use by its School of Computer Science

The Independent UK · Sep 30

Miami set to get a new CMU campus, thanks to $3 billion donation by Citadel founder Ken Griffin — the largest-ever gift in US higher education history

CMU is set to transform Wynwood, Miami, with a stunning $2 billion investment dedicated to establishing a new university campus. Anticipated to open in 2028, the CMU Miami will focus on solving social challenges and elevating research in crucial domains, catering to 3,500 students and a faculty of 300. Additionally,…

The Economic Times · Sep 30

Hedge fund CEO Ken Griffin gives record $3B to Carnegie Mellon to build Miami campus

Carnegie Mellon University announced Wednesday that hedge fund CEO Ken Griffin is donating $3 billion, with the bulk of the money to be used to start a new campus in Miami that will focus on societal challenges

The Independent UK · Sep 30

In the high-stakes game of chicken between CEOs and states, who blinks first?

CEOs are increasingly using jobs, headquarters, and investment as leverage in battles with elected officials—but workers and communities can end up bearing the cost.

Fortune · Sep 30

Billionaires are flocking to these 3 Florida localities—here's how much they save in state taxes

Florida's lack of a state income tax and wealth tax is pulling the ultrawealthy to three localities in particular.

Fortune · Sep 16

Meta billionaire Mark Zuckerberg has just bought a 196-year-old gothic castle with 11 bedrooms in Ireland worth up to $35 million

Just like hedge fund mogul Ken Griffin, the Meta CEO has joined the list of ultrarich Americans buying up multimillion-dollar mansions in Europe.

Fortune · Aug 25

Billionaire Ken Griffin’s $238 million Manhattan penthouse is one of the most expensive homes ever sold in the US: Inside the sprawling 23,000-square-foot residence with 16 bedrooms and 17 bathrooms

Billionaire Ken Griffin’s $238 million Manhattan penthouse at 220 Central Park South is one of the most expensive homes ever sold in the US. The sprawling 23,000-square-foot Billionaires’ Row residence features 16 bedrooms, 17 bathrooms, five balconies and stunning Central Park views. Underneath the building is a parking space for…

The Economic Times · Aug 23