Talk:Kenneth C. Griffin

What religion is Ken Griffin???

What religion is Ken Griffin??? — Preceding unsigned comment added by 2.98.153.59 (talk) 12:36, 3 September 2014 (UTC)

Updates/Net Worth

Hi editors, there's a noticeable error in the introductory section on this page. The infobox reads that Griffin's net worth is $5.5 billion, while the first paragraph states $5.3 billion. It looks like the infobox was updated more recently, so I will reflect this change in text. Looking over the mentions of net worth, there are multiple inconsistencies. Frankly, the section is unreadable in its current state and jumps around instead of working chronologically. I think this section should be reworked as it shows Griffin's net worth and compensation at random points and not consistently. I will address the above change and look for editor feedback on cleaning up the "Net worth" subsection. Thanks for reading. Rog-Brackey18 (talk) 12:37, 19 January 2015 (UTC)

I took the liberty of substantially rewriting the page. It reads a lot better now. If you have any issues with my work, or if you would like to collaborate to further improve the page, let me know! AbuRuud (talk) 23:48, 25 January 2015 (UTC)

Where is the reference to the time that Ken Griffin lied under oath? — Preceding unsigned comment added by 12.86.24.86 (talk) 18:55, 8 October 2021 (UTC)

Philanthropy

Currently there is a significant section on art purchases under the Philanthropy section. I think this should be moved elsewhere, perhaps to Personal Life, as it is not philanthropic.

Additionally, the total philanthropic giving mentioned in this article is around 7% of his net worth, and largely went to institutions like Harvard and art museums. Because the percentage he donates is little above that on average donated by households with an income below $20 000 (around 5% of income), and because the institutions are more aligned with Griffin's interests than with what could measurably be called a 'good cause', I think it is worth considering the removal of philanthropist from the description at the top of his article. DawsonCXVII (talk) 05:18, 14 February 2019 (UTC)

Political and economic views

I work for Rubenstein and on behalf of Citadel, I’d like to flag the content most recently added to the Political and economic views section as possibly violating WP:NOR and WP:PRIMARYCARE. NinaSpezz (talk) 21:20, 8 August 2019 (UTC)

Reply 8-AUG-2019

  Edit request implemented  

• The "most recently added" content, which stated Griffin cemented his evolution from a Reagan Republican to a Trump Republican by donating $1 million to pro-Trump super PAC, Future45 was omitted, as it states a point of view in Wikipedia's voice — namely — the point of view that donating money to Future45 indicates a person is "cementing an evolution" towards some sort of Trump Republicanism. Regards,  Spintendo  23:04, 8 August 2019 (UTC)

A Commons file used on this page or its Wikidata item has been nominated for deletion

The following Wikimedia Commons file used on this page or its Wikidata item has been nominated for deletion:

• Kenneth Griffin.jpg

Participate in the deletion discussion at the nomination page. —Community Tech bot (talk) 18:00, 13 October 2020 (UTC)

A Commons file used on this page or its Wikidata item has been nominated for deletion

The following Wikimedia Commons file used on this page or its Wikidata item has been nominated for deletion:

• Boy and Dog in a Johnnypump, 1982, Jean-Michel Basquiat.jpg

Participate in the deletion discussion at the nomination page. —Community Tech bot (talk) 08:14, 1 November 2020 (UTC)

Career section

I work for Rubenstein. On behalf of Citadel and Ken Griffin, I would like to request revisions to the last paragraph in the Career section, which currently states:

In January 2021, Griffin attracted criticism for the role played by Citadel in the GameStop short squeeze. On January 25th, it was announced that Citadel would invest $2 billion dollars into Melvin Capital, which had suffered losses of more than 30% on account of its short positions, particularly on GameStop. On January 28th, the trading platform Robinhood, favored by many traders involved in buying GameStop stock and options, abruptly announced that it would halt all purchases of GameStop securities except to cover shorts and would only allow these securities to be sold if already held (but not sold short); the price of GME stock declined steeply shortly thereafter. Because Robinhood receives a substantial portion of its revenue through a "pay for order flow" relationship with Citadel, many commentators criticized the potential for a conflict of interest when the same entity both plays the role of market-maker and also participates in the market that it makes; Griffin personally has been at the center of much discussion on this controversy.

Citadel LLC (an investment firm) and Citadel Securities (a market maker) are separate businesses, as referenced in these articles from Bloomberg and WSJ . It is factually inaccurate to refer to them as “the same entity.” In addition, neither of the citations used on the existing page for this section use the term “conflict of interest.” Finally, this paragraph addresses speculative criticism on social media, which was refuted by Robinhood in a blog post and public statements and in an affidavit filed February 10th, 2021. The blog post notes, “To be clear, this was a risk-management decision, and was not made on direction of the market makers we route to."

It would be more accurate and in line with the existing supporting citations to state:

In January 2021, Griffin attracted attention due to for speculation regarding the role played by Citadel and Citadel Securities during the GameStop short squeeze. On January 25th, it was announced that Citadel and its partners would invest $2 billion dollars into Melvin Capital, which had suffered losses of more than 30% on account of its short positions, particularly on GameStop. On January 28th, the trading platform Robinhood, favored by many traders involved in buying GameStop stock and options, abruptly announced without a clear rationale that it would halt all purchases of GameStop securities except to cover shorts and would only allow these securities to be sold if already held (but not sold short); the price of GME stock declined steeply shortly thereafter. Some social media users speculated whether Citadel Securities may have influenced Robinhood’s decision to limit GameStop trading as because Robinhood receives a substantial portion of its revenue through a "pay for order flow" relationship with the market maker. Robinhood later stated it was “a risk-management decision, and was not made on direction of the market makers we route to.” In an affidavit filed February 10th, 2021 Robinhood further clarified that its decision was made to ensure the company met deposit requirements imposed by their clearinghouses, tied to a tenfold increase in trading activity. The affidavit also describes speculation about Citadel and Citadel Securities as “completely false”. many commentators criticized the potential for a conflict of interest when the same entity both plays the role of market-maker and also participates in the market that it makes; Griffin personally has been at the center of much discussion on this controversy.

NinaSpezz (talk) 17:14, 12 February 2021 (UTC)

References

While reserving the right to comment on other sections of your proposed edits at a later date, I see no reason why "Griffin personally has been at the center of much discussion on this controversy" should be removed. It is factually correct, appropriately sourced, and adds valuable information. On what grounds should it be removed? Publius In The 21st Century (talk) 23:00, 19 February 2021 (UTC)

 Not done: The majority of this edit is just adding wording that shifts negative attention away from Citadel (Securities) and toward Robinhood. As for discussion RE: the affidavit, including it as a source is essentially just saying "Griffin claimed the speculation was false". Also, the affidavit was written in the middle of a congratulatory article having to do with Griffin being given a "Risk Award" from risk.net, which just further weakens the rationale behind including mention of the affidavit. It's possible some of the wording in the original section should be changed for accuracy and neutrality, but I believe this proposed edit does a lot more harm than good. RFZYNSPY ^talk 05:26, 15 September 2021 (UTC)

I concur Atolson1 (talk) 21:29, 1 December 2023 (UTC)

Promotional whitewashing

I've undone the edit by Trader John1 that amounted to whitewashing, as it removed multiple critical sections.--- Possibly (talk) 10:16, 19 May 2021 (UTC)

Rollback

@Possibly: Please rollback to the version before Trader John started making edits. He clearly is WP:COI. The images he added are not in the public domain and he removed a lot of DUE content. Bvcqszj (talk) 13:59, 19 May 2021 (UTC)

Semi-protected edit request on 9 November 2021

Hello, I work for Citadel LLC and I would like to request the following edit. Please remove the photo that is now in the Infobox and replace it with the following photo. The old photo is a low quality screengrab, and the new one is higher quality. File: Kenneth C. Griffin.jpg Thank you very much much Amandaatcitadel (talk) 17:44, 9 November 2021 (UTC)

 Done In the future for COI edit requests please use the Template:Request_edit template. ScottishFinnishRadish (talk) 17:54, 9 November 2021 (UTC)

Infobox, Career and Philanthropy section edit requests

Hi, this is Amanda and I work for Citadel and Ken Griffin. I would like to propose the following edits:

1. In the Infobox, please add "entrepreneur" and "investor" to the "Occupation" parameter
2. In the Career section, please add the following sentence after the second paragraph: In the early 2000s, Griffin founded market maker Citadel Securities.
3. Please create a new sub-heading under the Philanthropy section called " COVID-19 response"
4. Under the new sub-head please add the following two sentences:
   • Griffin oversaw a $2 million donation from Citadel and Citadel Securities to Weill Cornell Medicine to help to fund the development of new ways to protect people from COVID-19 and to identify new cases of the illness.
   • In May 2020, Griffin and his partners at Citadel made a £3 million donation to help develop a COVID-19 vaccine and to support Nightingale Hospital.
5. Please move the following sentence from the "Poverty" section and add it to the new "COVID-19 response" section, including a new source which is a correction of the source that is there now that does not support the sentence. "In March 2020, in response to the COVID-19 pandemic, Griffin contributed $2.5 million to support food services for children in Chicago Public Schools."

References

Thank you. Amandaatcitadel (talk) 16:19, 22 November 2021 (UTC)

Hi Amandaatcitadel, this looks good to me. Maybe one thing we could improve is whether we can find a WP:SECONDARY source for the Cornell donation? JBchrch talk 18:36, 24 November 2021 (UTC)

Hi JBchrch. Thanks for responding. I have an additional secondary source to support the donation to Weill Cornell, which mentions the donation, but does not give a specific amount. Perhaps you can combine the secondary and primary sources to support the statement about the donation? https://www.businessinsider.com/citadel-donates-5-million-to-new-york-hospitals-2020

@Amandaatcitadel: We are not really fond of business insider: see WP:BI. I think for this time we can run with the Cornell Weill press release as the sole source, as it's a reputable institution. I will now proceed to implement your request. JBchrch talk 22:33, 3 December 2021 (UTC)

And  Done JBchrch talk 22:40, 3 December 2021 (UTC)

Thanks so much JBchrch for implementing the edit requests in a timely fashion. Amandaatcitadel (talk) 17:49, 8 December 2021 (UTC)

Semi-protected edit request on 12 January 2022

Lost head of Masakado 71.94.248.30 (talk) 05:38, 12 January 2022 (UTC)

 Not done: it's not clear what changes you want to be made. Please mention the specific changes in a "change X to Y" format and provide a reliable source if appropriate. Cannolis (talk) 05:55, 12 January 2022 (UTC)

Fixing the verb tenses and removing protected status

The article should reflect the past tense eg: Kenneth C. Griffin was etc. To my knowledge, although I am not an experienced Wikipedia editor by any means, the semi-protected status only applies to living persons and does not extend protections to the deceased. I believe this should be fixed. If my current level of knowledge is incorrect please let me know.TheSussedOne (talk) 03:32, 5 April 2022 (UTC)

(1) What makes you think this person is deceased? I don't see any recent news items about a death (2) any sorts of disruption may warrant an article being protected; protection is not limited to Biography of living persons violations. OhNoitsJamie ^Talk 03:44, 5 April 2022 (UTC)

It seems I may have been tricked with a fake article, further research proves the original I saw was baseless. My apologies. TheSussedOne (talk) 17:33, 5 April 2022 (UTC)

Semi-protected edit request

Remove 'self-made', not in ref (and obviously not true, contradicted a few paragraphs above it). 92.14.171.177 (talk) 06:07, 19 July 2022 (UTC)

 Done Aaron Liu (talk) 10:04, 19 July 2022 (UTC)

Intro and Philanthropy sections

Hello, I would like to propose the following edits:

• In the second paragraph of the Introduction please change the first sentence to the following with the latest information:

As of March 2023, Griffin had an estimated net worth of US$32.6 billion and was ranked 21st on the 2022 Forbes 400 list of richest people in the United States.

• Please add the following sentences to the end of the "Education" sub-head of the Philanthropy section:

In March 2022, Griffin donated $40 million to the American Museum of Natural History in New York to help complete the 230,000 square foot renovation.

In July 2022, he donated $130 million to Chicago non-profits before his move to Florida.

Griffin made a donation of $250,000 to a Miami scholarship program for STEM students in 2022, his first donation since moving to Citadel's headquarters there.

• Please update the first sentence in the "Arts" subhead of the Philanthropy section. Since Griffin no longer lives in Chicago his support for the Chicago Museum of Art should be in the past tense. The new sentence should read as follows:

Griffin served on the board of Trustees of the Museum of Contemporary Art, Chicago from 2000 to 2022, and regularly supported its exhibitions.

• The fourth paragraph of the "Arts" section should also be updated to reflect Griffin's move to Florida. Please change the first sentence to:

Griffin contributed to the Art Institute of Chicago, and resigned from its board in 2022.

References

Thank you. Cduffymul (talk) 13:12, 16 March 2023 (UTC)

Go ahead: I have reviewed these proposed changes and suggest that you go ahead and make the proposed changes to the page. I have implemented your third suggestion with a minor alteration, but please do not change that any further. You can go ahead with the other suggestions. Actualcpscm (talk) 22:46, 20 March 2023 (UTC)

Update Philanthropy and Early life correction

Hello Actualcpscm. Thank you for your help with my last edit request. I am hoping you can help with this request, too. I would like to update Griffin's 'Philanthropy' section with recent donations to 'Education', as well as make a correction to the 'Early life and education' section, as follows:

1. In the first sentence of the 'Early life and education' section, please remove the phrase "the son of a building supplies executive." This statement is false. Please finish the sentence with "Daytona Beach, Florida." The source that is there now is correct about Daytona Beach.
2. Please add the following to the end of the "Education" sub-section of the "Philanthropy" section:

Also in April 2023, Griffin donated $25 million to New York City's largest operator of charter schools, Success Academy, and gave $20 million to Miami Dade College, where he also addressed the 2023 graduating class.

References

Thanks so much, 21:19, 8 September 2023 (UTC) Cduffymul (talk) 21:19, 8 September 2023 (UTC)

@Cduffymul  Partly done The first part is properly sourced (per Chicago magazine: Upon graduation, Griffin, the son of a building supplies executive, moved to Chicago to work for an investment house), so I have left it as it is. Ptrnext (talk) 19:47, 13 September 2023 (UTC)

Add to Philanthropy

Thank you Ptrnext for implementing my previous edit request. I have a few additional items to add to the Philanthropy section, as follows:

• Please add a new sub-section to the Philanthropy section called "Griffin Catalyst" and add the following content to the new section:

In September 2023, Griffin established Griffin Catalyst, a platform for his philanthropic and civic work. The organization serves as an umbrella for his various efforts, organized into the following six areas: education; science and medicine; upward mobility; freedom and democracy; enterprise and innovation; and communities. A website details the organizations he supports, including the reasons why they have his support.

 Done but with less detail that seemed a bit promotional. STEMinfo (talk) 00:25, 6 March 2024 (UTC)

• Please create an additional new sub-section in Philanthropy called "Science and medicine". Add the following content to this new sub-section:

In March 2023, Griffin partnered with former Google CEO Eric Schmidt to donate $50 million to Schmidt's new scientific research project Convergent Research.

In early 2023, Griffin gave $25 million, his largest single donation to date in Florida, to the Nicklaus Children's Hospital in Miami.

In December 2023, Griffin, together with David Geffen, pledged to donate $400 million to the Memorial Sloan Kettering Cancer Center, the largest single gift in the 150-year history of the cancer research center and hospital.

 Done STEMinfo (talk) 00:47, 6 March 2024 (UTC)

• Please create one more new sub-section called "Communities" with the following content:

Griffin gave $5 million to support the construction of Miami's 10-mile linear park and urban trail, The Underline, in December 2021.

In 2022, Griffin created the Ukraine Math and Science Achievement Fund with $3 million, which supports young Ukrainian refugees studying at Cambridge University.

In May 2022, he gave $5 million to help launch the Miami Disaster Resilience Fund to help the city prepare for disasters like hurricanes.

 Done The Miami Herald is paywalled. Someone else will have to review. STEMinfo (talk) 00:55, 6 March 2024 (UTC)

I used another source. STEMinfo (talk) 23:05, 7 March 2024 (UTC)

• Please add the following sentence to the end of the "Education" sub-section:

The Education Recovery Scorecard is supported by donations from Griffin as well as the Carnegie Corporation of New York and the Walton Family Foundation.

 Done, but I used a different source and described what the scorecard was. STEMinfo (talk) 23:05, 7 March 2024 (UTC)

References

Thanks so much. Cduffymul (talk) 19:07, 17 January 2024 (UTC)

Thank you so much STEMinfo for your edits. Cduffymul (talk) 20:20, 11 March 2024 (UTC)

Political views and contributions sections

Hi STEMinfo. Thanks again for your edits. I hope you can also help with the following requests.

• Currently, "Political views" and "Political contributions" are sub-sections under "Personal life." As this information does not relate to Griffin's personal life, it would be more appropriately categorized in its own section under a new "Political activity" header.

@Cduffymul: I'm going to have to disagree here. I think that political leanings and contributions are indeed personal issues. STEMinfo (talk) 23:02, 18 April 2024 (UTC)

• Please remove the "Griffin Super-PAC/Outside Group/Party Contributions..." table and (partial) list of candidates Griffin has supported that immediately follows. The chart is outdated and based on a single unreliable source, and its relevant information is covered in the body of the article, as well. The same applies to the list. Together, these sections are redundant and add excessive detail and bloat to the article without providing the reader with a greater understanding of the subject. I believe WP:NOTDATABASE supports this request, as well.

Comment - This one is a little trickier. OpenSecrets seems reputable and even has a news organization behind it. Nonetheless, this does seem to be like a directory. I'd be open to synthesizing the info such as listing a few of the larger recipients of funding and perhaps listing an aggregate amount donated. STEMinfo (talk) 23:02, 18 April 2024 (UTC)

Please let me know if you have any questions or concerns. Thanks again. Cduffymul (talk) 16:17, 26 March 2024 (UTC)