Ken Griffin’s Citadel was the most profitable hedge fund last year. Photo: Reuters
Ken Griffin’s Citadel was the most profitable hedge fund last year. Photo: Reuters

Ken Griffin’s Citadel makes US$16 billion profit in 2022 to top John Paulson’s ‘greatest trade ever’

  • The top 20 hedge fund firms collectively generated US$22.4 billion in profit after fees in 2022, according to estimates by LCH Investments
  • Hedge funds overall lost US$208 billion last year as many managers found themselves on the wrong side of the global market turmoil

Ken Griffin’s Citadel was the most profitable hedge fund last year. Photo: Reuters
Ken Griffin’s Citadel was the most profitable hedge fund last year. Photo: Reuters
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