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Kenneth Griffin Trivia Questions

How much do you really know about Kenneth Griffin? Below are 8 true or false statements. Click each one to reveal the answer and explanation.

1.

Kenneth Griffin has never sold any shares of his company, Citadel Securities.

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Medium
✗ FALSE

Griffin has sold minority stakes to outside investors like Sequoia Capital, though he still retains majority ownership.

2.

Kenneth Griffin served as a White House economic advisor under President Barack Obama.

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Medium
✗ FALSE

Kenneth Griffin is a prominent Republican donor and never held a formal role in the Obama administration.

3.

Griffin owns the most expensive private residence ever sold in the United States.

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Medium
✓ TRUE

In 2019, he paid $238 million for a NYC penthouse at 220 Central Park South, setting a U.S. record for a single home.

4.

Kenneth Griffin founded Citadel LLC after dropping out of Harvard University.

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Medium
✗ FALSE

Griffin actually graduated from Harvard in 1989; he started trading from his dorm room but completed his degree before founding Citadel.

5.

Griffin personally rebuilt an entire Florida island after Hurricane Irma.

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Hard
✗ FALSE

Kenneth Griffin funded restoration of Fisher Island after Irma, but he did not personally perform the labor or rebuild the entire island himself.

6.

Griffin started his first hedge fund with $4.65 million from family and friends.

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Hard
✓ TRUE

In 1990, he raised $4.65 million from investors including his grandmother, launching Citadel with that initial capital.

7.

Kenneth Griffin purchased a Jackson Pollock painting for approximately $200 million in 2015.

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Hard
✓ TRUE

In 2015, Griffin bought Jackson Pollock's 'Number 17A' from David Geffen for an estimated $200 million, as part of a $500 million private sale that also included de Kooning's 'Interchange'.

8.

Kenneth Griffin personally donated $150 million to Harvard University in 2014.

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Hard
✓ TRUE

Kenneth Griffin personally donated $150 million to Harvard University in 2014 to support financial aid, making it the largest single gift in Harvard's history at that time.

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