The mention of the name Ken Griffin reminds one about hedge fund businesses. However, the hedge fund guru does well in other fields too. Kenneth is a business magnate that has prospered in the various aspects of life.
Kenneth is a proud husband of Anne Dias-Griffin, the Aragon Global Management founder, another prominent hedge fund. The couple has three children. He is a religious follower of the Fourth Presbyterian Church. In the year 2011, he donated $11 million to construct a new chapel for the Church. The $38.2 million modern building was named “The Gratz Center” in honor of his grandparents.
Ken Griffin is famed as one of the world’s most dynamic art buyers. He has even devoted some of his spare time to patronage and collection of art. In 1999, he reportedly bought Curtain, Jug and Fruit Bowl; Paul Cezanne’s painting at a record $60 million. In 2006, he bought False Start by Jasper Johns at $80 million from David Geffen, the Dreamworks co-founder. Griffin donated $19 million to the Art Institute of Chicago, which was designed by the legendary Renzo Piano. The Paul Cezanne paintings that were bought by the tycoon have as well been given to the Institute on loan.
In the year 2012, Griffin admitted that he was a member of the Reagan Republican. After the 2007-2008 financial upheaval, he made political campaigns and donations to various political candidates, organizations, and parties that endorsed his opinion of limited government. The beneficiaries included the American Crossroads, Republican Governors Association, and Restore Our Future. The suave entrepreneur backed Mitt Romney’s 2012 presidential candidacy. He also donated to Eric Cantor and Senator Mark Kirk of Illinois. Griffin gave $2.5 million to Illinois Republican gubernatorial candidate, Bruce Rauner.
Griffin has given around $500 million in support of various noble causes, including dozens of millions of organizations in Chicago. In 2006, the Griffins together with the Bill and Melinda Gates Foundation sponsored the opening of Woodlawn High School, a charter school in Chicago. In October 2009, together with his dear wife, he founded Kenneth and Anne Griffin Foundation. The contributions include a whopping $10 million for Chicago Heights Early Childhood Center and another $16 million for the Children’s Memorial Hospital inclusive of funding of the University of Chicago’s Early Childhood Center among others. The Chicago Heights Early Childhood Center in Chicago is a trial educational designed to experiment whether investing in educators or parents yields better academic performance. Through the Citadel Group Foundation, he has donated to the Art Institute of Chicago, the Children’s Memorial Hospital, Chicago Symphony Orchestra, and Chicago Public Library.
The generous investor also has contributions to Robin Hood Foundation, Museum of Contemporary Art, the “Evolving Planet”, and the Field Museum of Natural History. He has also contributed to the professorships at the University of Chicago. In the year 2014, Griffin donated $150 million to Harvard University, his alma mater mainly to be used in need-based undergraduate monetary aid. In the year 2015, Griffin gave $10 million to the famous Museum of Contemporary Art based in Chicago.