Billionaire CEO Shuts Down Disney World For Employee Party, Pays For 10,000 Employees
It’s the season for holiday parties and big bankers don’t hesitate to celebrate.
Such was the case for roughly 10,000 Citadel and Citadel Securities employees who were flown to Walt Disney World in Orlando, Florida by CEO and billionaire Ken Griffin to celebrate for three days among the parks with their families.
The bash was meant to celebrate Citadel Securities’ 20th anniversary and Citadel’s 30th anniversary (which occurred in 2020 but could not be celebrated due to the pandemic. The cost of lodging, tickets to the theme parks, and all food and beverages that employees could consume were covered. Guests were also treated with a private Coldplay concert and additional performances by Carly Rae Jepsen, Diplo, and others.
The company oversees around 4,000 employees, and this trip included employees from the U.S., Canada, and Europe — the Asia-Pacific division of the company has a separate event slated for 2023. Citadel employees were treated to a huge Halloween party at Cipriani, New York, as well as private movie screenings. They also received tickets to Wimbledon.
Griffin recently moved their headquarters to Miami from Chicago.
Griffin’s net worth is an estimated $29 billion according to Bloomberg.
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The author of 5 books, 3 of which are New York Times bestsellers. I’ve been published in more than 100 newspapers and magazines and am a frequent commentator on NPR.