Hedge Fund Manager Ken Griffin Donates $40M to MoMA

Billionaire Hedge Fund Manager Ken Griffin Donates $40M to MoMA.

chi-ken-anne-griffin-dias-divorce-20141002Philanthropist and collector hedge fund manager Ken Griffin—the founder of Citadel, a Chicago-based hedge fund—is donating forty million dollars to New York’s Museum of Modern Art.
It’s one of the biggest donations in the venue’s eighty-five-year history, reports Crain’s. MoMA will name its East Wing, designed by Philip Johnson in 1964, after Griffin, who sits on the board of trustees of the Whitney Museum of American Art in New York and also gave the Museum of Contemporary Art Chicago ten million dollars earlier in the year.

CNBC EVENTS -- Delivering Alpha 2014 -- Pictured: (l-r) CNBC's Kate Kelly interviews Ken Griffin, Founder and Chief Executive Officer, Citadel at the CNBC Institutional Investor Delivering Alpha Conference in New York -- (Photo by: Heidi Gutman/CNBC)

“It is my hope that visitors, artists, and students from around the world will experience all that MoMA has to offer for generations to come,” said Griffin.

 

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