20 November 2023 , 14:13
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A billionaire boss treated more than 1,200 employees to a luxurious trip to Disneyland Tokyo to celebrate the company's anniversary.
Ken Griffin, CEO of hedge fund Citadel LLC and founder of market maker Citadel Securities, also invited the colleagues' families on the trip to Disneyland Tokyo - and its DisneySea resort. The two companies celebrated turning 20 and 30 respectively.
Everyone's expenses - including travel, entertainment and childcare - were covered by Mr Griffin, 55, who has also over the years donated $1.56 billion (£1.25 billion) to charities in education, economic mobility and medical research. It is understood each staff member was given a fast-track pass to beat queues at the theme park.
The billionaire boss treated the employees to an extravaganza at Disneyland Tokyo (AFP via Getty Images)And, to top it off, the billionaire even provided his lucky staff members private Maroon 5 and Calvin Harris concerts during the holiday. Mr Griffin, who has an estimated net worth of $35 billion (£28 billion), said: "Today, the range of talent we have brought together is simply astonishing. We've created not one, but two firms at the forefront of the industry. Together, we have imagined and built the future of finance."
A one-day pass to the amusement park can costs around 10,900 yen (£59), meaning the bill for tickets alone would have cost upwards of £70,000.
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Last year, the CEO took 10,000 staff and their families to a three-day Walt Disney World trip, including several pop concerts. Mr Griffin, educated at Harvard University, treated his employees to an elaborate party to celebrate his trading firm Citadel Securities' 20th anniversary and his hedge fund's 32nd anniversary last December.
In addition to the anniversary, Ken and his team were celebrating the company's market success, despite many other hedge funds losing four percent on average and the S&P 500 dropping 16 per cent this year.
Putting other bosses to shame, the business mogul also arranged concerts by Carly Rae Jepsen and Diplo to celebrate his firm's success, as well as a performance from one of his favourite bands - Coldplay.