Ken Griffin

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Billionaire's Divorce Details: $82K on Groceries

Ken Griffin says wife Anne Dias wants $24K a year for stationery

(Newser) - Chicago hedge fund billionaire Ken Griffin and his money manager wife are embroiled in a contentious divorce, and the couple's battles over money had CNBC last month asking, "How can three kids under age 10 cost $1 million a month?" That after court papers indicated Anne Dias Griffin... More »

Why Midafternoon Brings Out the Bears

Wall Street is facing one of its worst bear markets since World War II

(Newser) - An increasingly familiar Wall Street phenomenon—a three-digit swing in the Dow, usually down, in the final hour of trading—is a direct result of population growth in one species: bears. Margin calls are forcing panicked sell-offs, it's true, but the situation is more complicated than that, experts tell... More »

Inside the Citadel: Hedge Fund Giant Mulls IPO

Founder Ken Griffin gets cozy with Portfolio

(Newser) - Portfolio magazine debuts with a look inside Citadel Investment Group, the $13.5 billion Chicago hedge fund that's even more press-shy than most of its brethren. A rare chat with founder Ken Griffin reveals that he's thinking of taking Citadel public —which the magazine notes could be the biggest... More »

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