Citadel founder Kenneth Griffin seeks to divorce wife

Discussion in 'Chit Chat' started by dealmaker, Jul 25, 2014.

  1. dealmaker

    dealmaker

    Citadel founder Kenneth Griffin seeks to divorce wife
    By Reuters
    Thursday, July 24, 2014 Email this story | News Tracker | Reprints | Printable Version

    BOSTON (Reuters)—Billionaire investor Kenneth Griffin, who oversees $20 billion at hedge fund Citadel LLC, filed for divorce from his wife citing "irreconcilable differences," according to court filings seen by Reuters on Thursday [July 24].

    Griffin, 45, has been married to Anne Dias Griffin, 43, for 11 years and the couple have three young children. Dias Griffin ran her own hedge fund, Aragon Global Management, for eight years before turning that firm into a family office.

    "Any attempt at reconciliation would be impracticable and not in the best interest of the family," divorce papers, signed by Kenneth Griffin and filed in the Circuit Court of Cook County, Illinois, on Wednesday [July 23], said.

    The papers said the couple has been separated for more than one year.

    Dias Griffin's lawyer, Robert Stephan Cohen, said in a statement "Ken Griffin unilaterally filed a divorce petition with no notice to either me or my client, knowing full well that she had just left for summer vacation with their three young children and would therefore be unable to respond."

    Griffin's attorney, Karen Krehbiel, said in an emailed statement that the divorce was a personal matter and that the family was seeking privacy.

    Griffin, who first started trading from his Harvard College dormitory room before graduating in 1989, is estimated to be worth $5.5 billion, according to Forbes.

    His hedge fund, Citadel, ranks as one of the industry's biggest and Griffin is often asked to speak publicly about key issues in the financial services industry. Citadel's flagship portfolios gained 6.6 percent in the first half of 2014.

    Dias Griffin, who has a business degree from Harvard, founded Aragon Global Management in 2001 with seed capital from industry legend Julian Robertson, who helped launch some of the country's biggest hedge funds including Lone Pine Capital and Viking Global Investors.

    Prior to launching Aragon, she worked at Goldman Sachs, Fidelity Investments, Soros Fund Management and Viking.

    At its peak, Aragon, which focused on global media, technology and telecommunications companies, invested nearly $200 million. Five years ago, Dias Griffin returned the money to her outside clients and now runs the firm as a family office managing personal assets, a spokeswoman said.

    As a couple, the Griffins are prominent donors and gave $19 million to help build the Modern Wing at the Chicago Art Institute, where they had their first date. In 2014, Griffin announced plans to donate $150 million to Harvard, pledging the largest single gift ever to the Ivy League school.

    It is the second high-profile breakup in the hedge fund world recently. A few weeks ago, cable news station CNBC reported that billionaire investor David Tepper, who runs Appaloosa Management, has split from his wife of nearly 30 years.

    By Svea Herbst-Bayliss

    Send This Story to a Friend | Order Reprints Online
    Send Feedback to the Editors | Receive News Alerts by Email
    Display Printable Version of This Story

    Story Copyright © 1999-2014 Reuters HedgeWorld All rights reserved.
     
  2. bone

    bone

    All Harvard grads immediately head over to the next Chicago Harvard Club meeting and hit on that babe relentlessly.

    You can marry more money in 5 minutes than you can make in a lifetime ! :D
     
  3. MrN

    MrN

    To think that just a few short years ago, I believe I spotted the missus attempting to peel the fund titan away from the window at Gold Coast Bentley, where he was scoping out a Veyron - just as the common plebes and proles like to do. Time flies!
     
  4. It's gotta be nice to go 40mph up and down Lake Shore Drive with those "wheels". :cool:
     
  5. Nighthawk

    Nighthawk

    :D
     
  6. And may be land yourself a real psycho for the rest of your life - even after a divorce.
    There must be a very good reason THE MAN asked for a divorce. The majority of divorces are instigated by women. A lad would only file for one IF the woman has developed deep mental disorders.

    Best advice : get a very good friend to "land the babe", take your share and avoid the drama.
    One thing I have learned from trading : risk assessment is VERY important.
    Never assume all is "safe". Have a safety net, get some stuff to create "boundaries" and "barriers" if there are any problems.
     
  7. anyone have any pics and contact details of these women? - most eligible bachelorettes lol :D
     
  8. Pekelo

    Pekelo


    [​IMG]

    [​IMG]
     
  9. convexx

    convexx

    http://lmgtfy.com/?q=anne+dias
     
  10. i'd totally go for it lol :cool:
     
    #10     Aug 1, 2014