Ken Griffin

5 Stories

For This Billionaire, a Rare Apology From the IRS

Agency says it's sorry to hedge fund manager Ken Griffin for tax record leak

(Newser) - When former IRS contractor Charles Littlejohn leaked tax records to the ProPublica media outlet for an article on how affluent Americans tried to keep their taxes low, billionaire Ken Griffin's records were among them. Now, the government agency has issued what CBS News calls a "rare apology" for...

This Just Became America's Most Expensive Home
This Just Became
America's Most
Expensive Home
in case you missed it

This Just Became America's Most Expensive Home

Hedge fund boss Ken Griffin nabs NYC condo, London mansion in same month

(Newser) - Billionaire Ken Griffin, who has several very nice homes, has just added a crown jewel—one that cost roughly $9,917 per square foot. The Citadel hedge fund founder has purchased the penthouse at 220 Central Park South in New York City for $238 million, making it the priciest home...

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...

Why Midafternoon Brings Out the Bears
 Why Midafternoon 
 Brings Out the Bears 
analysis

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...

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...

5 Stories