Can you imagine a world with billionaire bosses paying a party for you, your co-workers and their families? This was the case for Kenneth Griffinowner of financial companies Citadel Y Citadel Securitieswhich paid almost 10,000 of its employees and their 2,500 children a celebration in Disney World Floridaaccording to information from New York Post.
The reasons for the celebration were that this 2022 was a record year for their companies. In addition, for the 20th anniversary of Citadel Securities and the 32nd anniversary of the hedge fund, which was originally to be held in 2020 but was no longer possible due to the pandemic.
At age 54 and with a net worth of $32 billion, Ken Griffin he was happy to pay for flights for employees and their families from Paris, Zurich, New York, Houston, and other cities. He also paid for lodging, park tickets and meals such as lamb chops, paella and sushi.
The celebration in disneyland lasted 3 days, according to the spokesman for Citadel, Zia Ahmed. And as if this were not enough, the billionaire invited his employees to a concert of Coldplay.
Kenneth Griffin has altruistic habits, because according to the information of the New York Post, He has donated more than $1.5 billion to artistic, educational, and medical causes in his lifetime.
The reasons for the celebration, in figures
Ken Griffin mentioned to his employees that the Mickey Mouse Celebration Weekend was a token of appreciation to his team for making Citadel a power in Wall Street.
According to the company spokesman, the billionaire said he is very happy to have the most extraordinary team in the entire history of the company and finances, so he is confident in the incredible future that lies ahead of the company.
The Citadel Wellington Fund had a return of 172.2% during the last 5 years, surpassing the S&P 500 with a return of 68.4% and the average of the hedge funds that was 25%, according to information provided by an investor.
Furthermore, the yields of Citadel outperformed those of their rivals such as the Shaw’s Composite Fund which grew 24% during 2022 and Millennium Internationalwhich increased 10.2%.
With these figures, Citadel has become the leader in investment returns. Even his 2022 earnings match the double-digit losses of other big hedge funds like the Tiger Global Management.
Editorial Team The editorial team of EMPRENDEDOR.com, which for more than 27 years has worked to promote entrepreneurship.
