This New Forbes 400 Cover Star Was Once Its Youngest Self-Made Member

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In 2003, at 34, Citadel founder and CEO Ken Griffin debuted on the Forbes 400 as that year’s youngest self-made member, with a net worth of $650 million. Now, 19 years later, he’s on its cover with his hedge fund worth $47 billion.

Griffin is a big-picture guy whose track record is nearly unparalleled on Wall Street. He’s had only two down years in the past 31, earning his investors an average of 19% per annum. What has driven those returns are his close study of macrotrends and his uniquely powerful position at a fulcrum of global finance.

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here.

Alexandra Sternlicht

Alexandra Sternlicht

Reporter, Forbes Under 30

 
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This Russia-Born Billionaire Owns One Of The World’s Largest Game Developers. Amid The Ukraine War, He Navigates A Company In Turmoil

Igor Bukhman, the billionaire cofounder of the gaming giant Playrix, has thousands of employees divided between Russia and Ukraine. The war sparked an internal battle at his company, and now Bukhman finds himself in the middle.

Read on →
 

This Week's Money Moves

After the last days of the internet in Mariupol, hope remains that Ukrainian cities knocked offline will come back online—fast—once the shelling ends.

It seems like everyone is getting intimate.
Lizzo just launched Yitty, her own shapewear brand, with Fabletics.

Entrepreneurs in Poland are
rushing 3D printers to Ukraine for use creating protective gear, tourniquets, periscopes—and even drones.

An investor charges in a high-profile new lawsuit that
a promised VC partner job at a buzzy consumer products startup vanished, costing her $10 million in lost income and expenses.

Sequoia,
FTX Ventures and A16z led a $135 million investment in a crypto firm that aims to break down barriers between blockchains.

In related news,
Ethereum software company ConsenSys has doubled its valuation to $7 billion in four months amid market turbulence.

 
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Here’s Who’s Speaking At The 2022 Forbes Under 30 Summit Africa

In less than five weeks, you’ll have the chance to join elite young entrepreneurs, influencers and innovators. We’ll explore the best of Africa and harness the power of entrepreneurial capitalism on the continent whose growth will help define the 21st century.

Learn More →
 
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Internal tensions 😕

Saturday, April 2, 2022

ADVERTISEMENT Forbes The Memo Forbes The Memo Stuck in the middle Russian brothers Igor and Dmitri Bukhman built a combined fortune of $16 billion from mobile gaming company Playrix. But with 3000

The pandemic’s Dickensian economy

Friday, April 1, 2022

Plus: Did the pandemic make people more generous? ADVERTISEMENT Forbes | InnovationRx It's the best of pandemic economic times. It's the worst of pandemic economic times. The state of the

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Keeping Ukraine online | Mississippi’s equal pay deal | NCAA Showdown

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Plus: Billionaire Trader Ken Griffin Navigates A Flock Of Black Swans ADVERTISEMENT Forbes Good morning. The besieged Ukrainian city of Mariupol was able to stay online thanks to a dedicated team of

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