Ken Griffin, the founder of hedge fund giant Citadel, has identified six areas for his future philanthropic work – Education, Science & Medicine, Upward Mobility, Freedom & Democracy, Enterprise & Innovation and Communities, according to a report by Reuters.
Griffin, who founded Citadel while a studying at Harvard University and has since donated over $2bn to charity, has launched Griffin Catalyst to handle his future giving.
The report cites Griffin as saying that: “Through Griffin Catalyst, I look forward to continuing this work, tearing down barriers and advancing solutions in the pursuit of improving people’s lives.”
Citadel, which invests $61bn for clients, became the most successful hedge fund of all time last year when it earned $16bn, boosting its 54-year old founder’s net worth to $35bn, according to Forbes.
