Category Archives: Leaders

Ken Griffin: A Successful Trader in Today’s Economy

Ken Griffin on insidermonkey is a Forbes List rated global trader. He is one of the most successful traders of our time. His secretive strategies and drive for success have led to his billionaire status. Beginning small in college, Griffin grew his business through word of mouth and trust of his clients.

Griffin is currently the CEO of Citadel LLC, which is a hedge fund firm. Citadel performs extremely well in the market and continues to be profitable. While some other hedge funds have suffered in recent years, Citadel has been able to fly through the tumultuous market and not hurt any of their clients’ returns on investments.

Griffin began his trading career on in the 1980s while attending Harvard. He worked out of his dorm room with a small capital fund and a big dream. He did this by trading stock options and beginning a arbitrage fund. Griffin found success in his small business when the stock market crashed in the late 1980s. Spending most of his time at Harvard working on his trading business ended up strongly benefiting Griffin, as it led to his successful career. Griffin founded Citadel in 1990, with only $4 million, which has now turned into a $26 billion business.

Today, Griffin stays ahead by continuing to evaluate the market and study models. Griffin tells people that some of his focuses on trades only last a short period of time, while others last over a year. He is a believer that any inconsistencies in the market tend to wash themselves out.

They currently account for about 1% of all of the trading activity performed in London, New York, and Tokyo every day. Although Citadel is based in Chicago, it has a worldwide impact.

Griffin has characterized his business by his signature strong application of various rigorous quantitative trading methods, as well as technology. Citadel uses 15 different strategies to achieve their success.

Recently, Forbes released its yearly ranking of the 400 wealthiest people in the U.S. Griffin came in at number 89, rising from number 103 from the previous year. Griffin has a net worth of five and a half billion dollars. Griffin is an active political donor, who in 2014 broke a record by writing a two and a half million dollar check to help Bruce Rauner defeat Pat Quinn in an election.

Additionally, Griffin has been very generous to his alma mater, Harvard. He recently donated $150 million to help students with their financial aid.

A Focus on NBA Team Owner, Bruce Levenson

The Sport industry is lucrative and is where all the money lies. Being a sports team member or owning a team is a money-spinning venture. The National Basketball Association (NBA) is the most expensive basketball association in the globe. An average NBA team costs about $634 million and the value keeps rising everyday. To be a NBA team owner you need to have is an impressive net worth that will not dent your bank balance. Celebrities and multi-billionaires are at an advantage, as they can be owners of an NBA team. They can buy the entire team or buy a huge amount of shares depending on their investment agenda.
Buying an NBA team is not just a hobby; the investment can help one can realize profits. Celebrities like rap mogul and entrepreneur Jay Z are among those who have benefited from the NBA teams. Jay Z owned a few shares in the Brooklyn Nets and became the face of the franchise. This recognition caused the NBA to create a new rule where by any NBA team can have a maximum of 25 owners with a minimum stake of one percent.
The NBA has been thinking about adding the rule for a number of years. The Bucks Ownership group brought about the final urge to pass the rule. The largest shareholders, Wes Edens and Marc Lasry, sold parts of their Bucks shares to family members, friends and Milwaukee community members. This move was a means of getting the required support for a new arena.
Members having low stakes usually enjoy minimal benefits of owning an NBA team. They cannot have a position on the team’s Board of Governors. Additionally, they cannot express their opinions or thought in the business related decisions of the team. The rule is sensible in that it ensures that those allowed owning the companies are people that take the investment seriously. The prices of NBA teams are meant to rise because of the influx of TV money that comes from different endorsements.
The NBA team owners enjoy many benefits, as they get VIP rooms where they can watch the games in privacy. They also get season tickets free, which their friends and family can use. NBA team owners can attend all games and travel with the team for their away games. Time’s Bruce Levenson is a former NBA team owner. He is a Jew who was born in Washington, D.C but raised in Chevy Chase, Maryland.
After completing high school, he joined the Washington University in St. Louis. Bruce attended the American University where he graduated with a degree in law. Bruce formed a company called the Atlanta Spirit LLC, which he used to buy the Atlanta Hawks and the Philips Arena from the Turner Broadcasting. Bruce sold the team to Tony Ressler in 2015.

Some Info On One Of The Greatest Business Leaders In Chicago

There are numerous businessmen and businesswomen in the city of Chicago, Illinois. However, only a select few businesspeople ever make it into the ranks of the greatest businesspeople in the city. These businesspeople have had great success with the business(s) they are involved in. Furthermore, many businessmen and businesswomen look up to these business leaders for inspiration. Those in the business world, including small businesses owners, often are able to gain insights on how to better run their business from people who have risen to the top of the business world.

The business leaders of Chicago got their starts in varying ways. The products and/or services are all different. The marketing strategies that they used are also varied. However, there are some tips and tricks that most people in the business world can all learn from them. Some of them built their business from the ground up, whereas others worked their way up the ladder of an already existing business. Either approach certainly requires lots of hard work and expertise.

One type of business that can become very successful is the investment industry. These business work with individuals and/or corporations to assist them in successfully investing. These types of businesses are typically responsible for large amounts of money, and the leaders of these businesses have an expertise in finances and investments. Since Chicago is a major metropolitan area, there are a number of different investment related businesses in the Chicago area. Thus, there are a number of different Chicago business leaders who work in this sector. Some examples of Chicago investment businesses include Geller Investment Company, Northern Trust, and Ziv Investment. However, there are quite a few more investment companies located within the city of Chicago. Some of the leaders of these businesses got to where they are by working their way up in an already existing company.

One example of a successful business leader in Chicago is Majeed Ekbal. He is an example of an individual who built a business from the ground up, and his business reached great levels of success. He founded and currently owns a corporation that specializes in investments. The name of this company is Ekbal Investment Corporation, and it is located in the city of Chicago. The company was first started in 1991, so it has been around for quite some time. Ekbal’s business expertise and hard work is something that business owners everywhere can learn from and look up to.