She graduated with Honors from the University of Chicago with an AB in Cultural Anthropology, and is pursuing a MSW at the Hunter College Silberman School of Social Work. She brings her expertise in guiding leading organizations in culture, technology, fashion, and retail, first as as Head of Strategy at 2x4, a globally recognized design and branding agency, leading projects for clients including Google, Prada, MoMA, and Target, and as a Strategy Director at UNIQLO's Global Creative Lab. We must all speak up, no matter who we are, especially now.". She enjoys bringing her creative knowledge and problem solving skills to all of her roles. from the University of Michigan Law School, a MPA from the John F. Kennedy School of Government at Harvard University, an A.B. As long as people are trading securities, Citadel takes its profit. Jane Street reaped $10.6 billion in net trading revenues and $7.8 billion in ebitda in its fiscal year that ended in March of 2021, according to Bloomberg, thanks in part to trading volatility stoked by the pandemic. Have we laid the seeds for Longer term, Griffin sees a flock of black swans looming. After a successful 40-year career in the private sector, Sakurai was the first business executive to serve as Ambassador and Consul General of Japan in New York. Like any great trader, Griffin is focused on domino effects. The fund supports the immediate needs of frontline medical workers, ensures food security to vulnerable communities, provides benefits and financial coaching for affected employees among KKR portfolio companies and assists small businesses facing difficulties. She currently works and lives in Maryland with her husband and their three children. A proud Korean American, Mr. Bae grew up in Long Island, New York and now lives with his wife Janice and their four children. [8] In July 2016, Citadel Securities announced that then Microsoft COO, B. Kevin Turner, was joining the firm as CEO. Dr. Silver holds a Ph.D. in Economic Geography from UCLA; MSc, Science and Technology Policy from SPRU, University of Sussex (UK) and B.A., History from Yale. That included four quantitative trading analysts and three software developers. A survey of attitudes and stereotypes towards Asian Americans. She wrote an early community response guide to hate crimes for OCA managed the publication of a national audit of anti-Asian violence and lobbied for stronger federal hate crime law for the AAAJ-AAJC. Recently, she was a Bill Emerson National Fellow with the Chicago Food Policy Action Council, an Advisory Board Member with First Lady Michelle Obama's Better Make Room Initiative, and a Program and Fundraising Volunteer with the Kofi Adomako Foundation. from the LBJ School of Public Affairs at the University of Texas at Austin and earned her J.D. Griffin believes inflation is going to force central banks around the world to tighten interest rates more aggressively. Griffin says he made his first stock market windfall trading on advice he learned in the pages of Forbes. Naheed Qureshi is Head of Policy Partnerships at Instacart where she builds relationships with stakeholders to further joint policy goals. The hostile sentiment against Asian Americans reared its ugly head during the COVID-19 pandemic, but there had been repeated scapegoating of Asians in this country, such as discriminatory policies against Chinese immigrants in the 19th Century and internment of Japanese Americans during World War II. And right after Citadel reached settlement with Chinese communist government. The firm's equities investment group, a focus of its hedge fund strategies, increased its employee headcount by 60 last year, a roughly 20 percent increase. 1983PhDCitadelSecuritiesCEObamboo ceiling vice chair chief scientist Citadel @ Dalong Cheng Kevin Turner CEO identity Prior to joining TAAF, Peter worked on political campaigns in major battleground states. In other words, hes interested in how the reaction to one disaster reduces the number of good options available for dealing with the next one. But you know, there are assets I own that people would make the same arguments about. . She oversees accounting, financial reporting, financial operations, treasury, FP&A, audit, and payroll. In addition to her work on Anti-Hate, she provides event planning for many of TAAF commemorative events. Stella was the recipient of the UC Hastings Certificate of Leadership and the UC Hastings Outstanding Contribution by Staff during her time there. Equity Statistical Arbitrage Research Lead. Naheed also worked for the City of Los Angeles Department of Neighborhood Empowerment and the national legislative office of the ACLU. Though it collects a fraction of a penny per share on each trade, Citadel Securities brought in $7 billion in revenue in 2021, and for the first time Griffin agreed to share part of his empire with outsiders, selling a 5% stake to two blue-chip venture capital firms, Sequoia and Paradigm. The firm was founded 2000 by defectors from Susquehanna International Group and maintains an offbeat identity, according to a 2021 profile in the Financial Times. "High-frequency trading" has lost some pejorative sting as these firms have become dominant fixtures in various global markets. Rice served as the 66th Secretary of State of the United States, the second woman and first black woman to hold the post. Most recently, he served as Deputy Campaign Manager on Congressman Ron Kinds 2020 reelection campaign in western Wisconsin, where he managed the organizing and targeting programs, and contributed to a 2.7 percent margin of victory in a district President Trump won. Howard joins TAAF with extensive experience as staff for Members of Congress from the California delegation as well as serving as Policy and Press Advisor for the Congressional Asian Pacific American Caucus. Additionally, Ken manages his family investment office and serves as Senior Advisor to The Carlyle Groups natural resources division. cum laude from Harvard Law School, and his A.B. Oops! Marcelo founded her company in 2006, and under her leadership, Care.com became the world's largest marketplace for providing care, serving more than 35 million people across 20 countries and growing more than 100% year-over-year from its founding in 2006, until the company went public in 2014. She served as a political appointee under three presidents on the National Security Council, at the U.S. Department of State, and the U.S. Agency for International Development, and most recently as the first-ever Special Representative to Muslim Communities. Under her leadership, the Fund reached historic levels of fundraising and grantmaking while launching new programs that increased the Funds visibility. Underwood has served on numerous boards and commissions. Raised in Boston after his family immigrated to the U.S. when he was 7 years old, Peter is an avid fan of his hometown and its sports teamsthe Boston Red Sox, New England Patriots, Boston Bruins, and Boston Celtics. "Our ability to make money is based on our research and quantitative horsepower and data science, not our speed," David Olsen, president and chief investment officer at Chicago-based Jump Trading, told The Wall Street Journal. "As a Jewish American, I feel a moral obligation to stand with AAPI communities. Meet the community partners supporting AAPIs and other underserved communities daily, Unlocking resources for AAPI communities and causes, Our work would not be possible without the support of our partners, Li Lu, Board Chair, The Asian American Foundation, Chief Executive Officer, The Asian American Foundation, CEO and National Director, Anti-Defamation League, Governor, Brooklyn Nets and New York Liberty, Co-Founder and Executive Vice Chairman, Alibaba Group. in Political Science. He has interviewed President Obama, Emmanuel Macron, Vladimir Putin, Benjamin Netanyahu and Recep Tayyip Erdoan, among others. He is a member of the Committee of 100 and the Council on Foreign Relations. The unprecedented moves by Western powers to shut off Russias access to capital markets heralds the weaponization of the dollar, he says. It will take away from our ability to provide a social safety net, our ability to invest in research and development and to invest in education or infrastructure., Its already happening. Peng Zhao is Chief Executive Officer at Citadel Securities LLC. Citadel Securities, founded by Ken Griffin in 2002, is separate from hedge fund Citadel, the $43 billion enterprise that has boosted Griffin's net worth to $21.3 billion. An army of unsophisticated traders, mostly from Robinhood, were bidding the past-its-prime video game retailer to unprecedented heights and, in the process, catching some pros with their pants down. Baonam Nam Giang serves as the Community Engagement Manager for the Anti-Hate and Belonging Program at The Asian American Foundation (TAAF). She currently serves on the boards of The Roger Lehecka Double Discovery Center at Columbia University, the Korean American Community Foundation and The Li.st, a community of high impact women in media, business and tech. Howard Ou is joining The Asian American Foundation (TAAF) as the Director of Government Relations. As acceptance has spread, it's become one of the cryptocurrency's leading market makers, and in 2021 it executed Goldman Sachs' first-ever crypto block trade in the form of bitcoin futures. He graduated magna cum laude, Phi Beta Kappa from Harvard with an A.B in Economics. Our nation has a huge debt to finance. Nguyen penned her own civil rights into existence by unanimously passing the Sexual Assault Survivors Bill of Rights. The Making of Asian America will also soon be republished with a new postscript about the latest campaigns against Asian Americans. In 1978, Mr. Sakurai served as a Loan Officer with the World Bank and as an Investment Officer at the International Finance Corporation in Washington D.C. A few days later, Robinhood made it impossible for its customers to buy meme stock shares, which in addition to GameStop included struggling movie theater chain AMC and big box retailer Bed Bath & Beyond. The Sports Card Industry Is Having A Tech Revolution, And This Company Wants To Lead The Charge, Forbes 36th Annual Worlds Billionaires List: Facts And Figures 2022, Trumps Net Worth Has Jumped An Estimated $600 Million Since He Left Office, How MacKenzie Scott Has Given Away BillionsAnd Is Still One Of The Worlds Richest Women, The Wealthiest Person In Crypto Climbs Into Worlds 20 Richest, Heres How Big A Hit Russias Billionaires Have Taken In The Past Year, The Worlds Youngest Billionaires 2022: 12 Under Age 30, New Billionaires 2022: Rihanna, Peter Jackson And 234 Others Join The Ranks This Year, This Russia-Born Billionaire Owns One Of The Worlds Largest Game Developers. Adds another billionaire investor who wishes to remain anonymous: Griffin has reduced the cost, processing and deployment of technology so that its very, very hard for others to compete with Citadel.. Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch. She joined the Justice Department through the Attorney Generals Honors Program where she acted as an attorney advisor to Immigration Judge Ellen K. Thomas. DRW hired the fewest employees via H-1B visa on this list, with just 21 in total. He earned his Ph.D. and A.M. in political science from Harvard, his J.D. He holds a B.S. Her 10+ years of experience include serving as Director of Worldwide Publicity for Sony Pictures Entertainment and consulting on communication strategies for AAPI talent and activists. She is the author of bestsellers, Democracy: Stories from the Long Road to Freedom (2017); No Higher Honor: A Memoir of My Years in Washington (2011); and Extraordinary, Ordinary People: A Memoir of Family (2010). Peng Zhao (simplified Chinese: ; pinyin: Zho Png) is a Chinese-American businessman who is the CEO of Citadel Securities. That speed combined with a vigorous pursuit of the smartest engineers and quant researchers in the world has made Jump one of the fiercest market-makers in the industry across several asset classes and it's accomplished it with monk-like quietude, up until recently averting public attention at every turn. Peng oversees all market making activities, including trading, sales, research and technology. Previously, she worked at UCLA, the White House Initiative on AAPIs and the Department of Health and Human Services, and served on boards of the National Council for Asian Pacific Americans, Little Tokyo Service Center, Congressional Progressive Caucus Center, National Asian Pacific American Womens Forum and National Low Income Housing Coalition (NLIHC). Citadel Securities is poised to receive its first round of outside investment, with a capital infusion of $1.15 billion from Sequoia Capital and Paradigm, The Wall Street Journal reported on Tuesday. He is on the Hoover InstitutesBoard of Overseers, the Harvard Kennedy School Deans Council and, among other corporate and civic organizations, sits on the board of the Texas Rangers Baseball Club. He had a part-time job at IBM as a teenager and also started a software business that sold educational programs at a discount to professors. De-dollarization by a China-Russia-Iran-Brazil trading bloc could easily morph into the exclusion of American companies and investors from fast-growing markets. A physician and anthropologist, Kims career has revolved around health, education, and improving the lives of the poor. Griffin points out that commodities typically have become dramatically cheaper over the course of history as we have found solutions to either secure them at a lower price or find a lower-cost solution., The best long-term bets, he says, are innovative, fast-growing American tech companies on the forefront of revolutionizing how corporate America functions., As for bitcoin, Griffin the investor is still a skeptic. Previously, Isabel held various positions at the Clinton Health Access Initiative, Mass General Brigham (formerly known as Partners HealthCare) and a Federally Qualified Health Center, among others. At the ACLU, she focused on racial profiling, voting rights, the USA Patriot Act and other national civil rights issues. The 2008 financial crisis hit Citadels flagship fund with 50% losses, bringing the firm dangerously close to failing. CEO, Citadel Securities Peng Zhao is Chief Executive Officer of Citadel Securities, a global financial services firm with offices across the United States, Asia-Pacific and Europe. She was inspired by her North St. Louis County community to work toward racial and socioeconomic justice. He supports the Anti-Hate National Network and the local AAPI Action Centers as they work to develop a national infrastructure for tackling hate across the country. These figures do not include bonuses, which typically comprise a substantial portion of total compensation. Creating independence from the U.S. on high-end technology has become an existential issue, because they cannot rely on us., Its baffling to Griffin that America, with plentiful natural resources, is not self-sufficient in oil. Marcelo founded her company in 2006, and under her leadership, Care.com became the world's largest marketplace for providing care. In 1990, at age 22, with additional backing from Meyer, Griffin launched what would eventually become Citadel Investments, an early quant shop with one computer, two employees and $4.6 million in funds. In late March Russia demanded that Japanese fuel buyers pay in rubles. He served as Chair of the Congressional Asian Pacific American Caucus, introduced legislation for the establishment of the Asian American and Pacific Islander Serving Institutions, fought for Filipino World War II veteran equity, and was the founding chair of the national Asian Pacific Islander American Scholarship Fund.Mr. Fatima continues to search for how she can be of service to others and, in her free time, enjoys boxing, exploring local eateries, and spending time in nature. He is a Henry Crown Fellow of the Aspen Institute and a member of the Council on Foreign Relations. He is from China. One of the early architects of Citadel Securities, Peng joined the firm out of graduate school as a Senior Quantitative Researcher. Naheed received a B.A. She started in journalism as a correspondent for Channel One News where she covered the civil war in Afghanistan at 21 years of age. He reckons he has personally interviewed no fewer than 10,000 candidatesroughly two per dayover his career. Angela Chao is the current Chair and CEO of the Foremost Group, a global leader in dry bulk shipping and a pioneer in incorporating environmentally friendly designs into its modern fleet of ships. In addition to his role as CEO of Citadel LLC, Griffin also heads Citadel Securities, the market maker of Citadel Securities, worth $43 billion. She was nominated for a Nobel Peace Prize in 2019. She is the Class of 1951 Chair for the Study of Leadership at West Point. As the Anti-Hate and Belonging Program Associate, Tong Yuan manages the team's administrative needs, coordinates grantee communications, and cultivates collaboration within the Anti-Hate and Belonging National Network. Jan. 27, 2017 6:45 pm ET. Recode named Jonathan to its inaugural Recode 100, a list of the top 100 people in business and technology. In 2002 he created Citadel Securities partly because he was miffed that the broker-dealers handling his options trades were charging stiff commissions. Lee has been featured in PBSs film series Asian Americans and has been interviewed for many news shows, podcasts, and publications. In 1988, he co-founded NGP Energy Capital Management, one of the largest natural resources private equity firms in the world with over $20 billion of total committed capital. She has had the great privilege of working in the fundraising and development departments at organizations such as Supermajority, Lincoln Center, the New York Youth Symphony, and Voices of Ascension. The Jewish people know what its like to be targeted with harassment, vandalism, and violence. Lisa Hasegawa is the Regional Vice President of the Western Region at NeighborWorks America (NWA). Currently she serves as a board member of Asian American Futures and the Asian American Action Fund. Charity has an MPA from Princeton University's School of Public and International Affairs and a BA from the University of California, Berkeley. Sruthi also has extensive experience generating and using evidence to inform policy and programming across diverse contexts. Peng Zhao was born in Beijing, China. Peng Zhao's income source is mostly from being a successful Businessman. She grew up in the midwest, attended Brown, received her M.P.A. In April, 2003, he was named President and CEO of MIC. When I was in college, trading commissions were $19 or $20. As an active member in the community, Park has led McKinsey's research on accelerating growth and competitiveness in U.S. industry, including the McKinsey Quarterly article Translating innovation into US growth and work with the Brookings Institute, World Economic Forum, and state governments. Jonathan also founded All for Good, served as CEO of GOOD Worldwide, and VP of Consumer Products at REALTOR.com. My role at TAAF will be in service of building that understanding through sharing stories and amplifying voices. Passionate about the intersection of food, identity, and agency, she also apprenticed at Orchard Kitchen Farm in Washington State to experience the livelihood of the over 1 billion people globally who work in agriculture.Tong Yuan graduated summa cum laude with bachelors in medical anthropology and public health from Southern Methodist University, where she was a Presidents Scholar and Maguire Public Service Fellow. He was named to Fortune Magazines 40 Under 40 list, which noted that under his stewardship, Citadel Securities has not only widened its lead as the top market maker in U.S. stocks, but also emerged as a transformative influence in new and growing markets. Dr. Silver also served for Arizona Governor Janet Napolitano as the Policy Advisor for Economic Development, Innovation, and Higher Education. Save this article. Jonathan has served as an adjunct faculty member at the Anderson School of Management at UCLA and as a senior fellow at The Wharton School of the University of Pennsylvania. Millennial Billionaire Ryan Breslow Created Buzz, And Enemies, Attacking Stripe And Shopify. Insider analyzed the agency's 2021 disclosure data for permanent and temporary foreign workers to shed light on what these proprietary trading firms paid for talent last year. Launched earlier this month, TAAF is committed to accelerating opportunity and prosperity for the 23 million Asian Americans and . Access your favorite topics in a personalized feed while you're on the go. He shared an Emmy and Peabody Award for his work as as NBC analyst during the Olympics in Pyeongchang and Beijing, and has been seen on Meet the Press, CNN, CNBC, and Charlie Rose. That means Gorton has more frequently found himself in the spotlight, an outspoken counterexample to his more secretive HFT peers. We are blessed to have such deep reservoirs of energy in Americathe combination of fossil fuels, oil, natural gas and the [large size] of our country to avail ourselves of solar and wind. Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and the Thomas and Barbara Stephenson Senior Fellow on Public Policy. Lin has played with the Warriors, Knicks, Rockets, Lakers, Hornets, Nets, Hawks, and NBA Champion Raptors. Its lifeblood is volume, and despite Griffins consternation over the consequences of war in Europe, he knows that uncertainty and tumultuous markets will almost surely add to his billions. Lanhee J. Chen, Ph.D. is the David and Diane Steffy Fellow in American Public Policy Studies at the Hoover Institution and Director of Domestic Policy Studies and Lecturer in the Public Policy Program at Stanford. As fiscal spending fades away, what will be the intrinsic economic growth that were going to experience?, Stimulus also contributed to inflation, currently running at 8%. Prior to joining TAAF, he was at the National Organization of Asians and Pacific Islanders Ending Sexual Violence (NAPIESV). Active philanthropists in education and research, the Tsais established the Wu Tsai Neuroscience Institute at Stanford University, dedicated to understanding how the brain gives rise to mental life and behavior, both in health and in disease. In her spare time, Stella loves to collect records, go to concerts, cook, and try new restaurants. Underwood has played a national leadership role on Asian Pacific American issues. A graduate of Hunter College School of Social Work and Princeton, Eng studied community organizing, politics, and teacher preparation. Tsai was born in Taiwan, of parents who originally came from Shanghai with ancestral lineage to Zhejiang Province in China. Peter has also worked on presidential, federal, and local campaigns in urban, suburban, and rural communities, and got his start in 2015 organizing for Secretary Hillary Clintons presidential campaign in New Hampshire.. One of the early architects of Citadel Securities, Peng was quickly recognized not only as a remarkable statistician, but also as a leader whose passion and performance brought out the best in others. Im pleased that TAAF will lead the way in protecting our AAPI frontline workers, who risk their lives every day to save all Americans, and in fostering greater unity and understanding.". He previously served as Head of Global Market Making, where he oversaw Citadel Securities'. In addition to Tsais commitment to The Asian American Foundation, the couple pledged $50 million to advocate for social justice and economic mobility in the Black community through their sports ownership platform, including supporting players to amplify their voice for equality, and addressing income, education and health gaps in communities of color. Christine Ho is the Development Associate at The Asian American Foundation, playing a key role in advancing TAAF's mission and vision through revenue-generating activities and partnerships for TAAF. After all, if making money off Robinhood traders has been easy, profiting from rubes who have given Dogecoin a market cap of $20 billion should be a snap. Partly as a result of an incredible $7bn revenue year in 2021, and also because of the investment made by Sequoia and Paradigm which valued the firm at $22bn, CEO Peng Zhao has decided that "staying under the radar is no longer an option". She also served as chief of staff to PepsiCos Global Public Policy and Government Affairs group. Identified as an essential book illuminating the Trump era and the 2020 elections, it will be published with a new epilogue on xenophobia and racism during the COVID-19 pandemic. A graduate of the Lawrenceville School (82), Yale College (BA 86) and Yale Law School (JD 90), Tsai played varsity lacrosse for Yale and, in 2017, received the George H.W. In his free time, he enjoys serving as a youth group leader, playing basketball, snowboarding, and spending time in nature with his wife and daughter. Beverly Liang is a Project Manager at The Asian American Foundation, working across teams to create external branding and website content. In mid-2016 he became vice chairman and chief scientist of the overall firm. The controversy that once engulfed them has largely subsided, with the notable exception of those that pay retail brokers like Robinhood for customer trade orders, a practice called payment-for-order-flow that's garnered a stern look from regulators and lawmakers over the past year. Hes now worth $27.2 billion, but he has bigger things on his mind than the size of his personal fortune. And unlike its peers, it isn't headquartered in Chicago or NYC, but rather just outside Philadelphia in the suburb of Bala Cynwyd. She is a fourth generation Japanese American from Orange, CA, and attended UCLA and the Harvard School of Public Health. from Tsinghua University in Beijing, and an M.B.A. from Columbia Business School. An award-winning educator, social justice advocate, and former performance artist, Terry has over twenty years of experience at the transformative intersections of anti-racist education, social change storytelling, and media advocacy.Prior to joining TAAF, Terry founded Maum Consulting, an Asian American Studies-based educational social enterprise. She has published research on Rwandas family planning program, created materials for culturally competent health services for the Seattle/King County Clinic, and developed a food-secure resettlement pilot program for the IRC in Dallas. (Adds background on Turner, Zhao, Citadel Securities)By Lawrence DelevingneNEW YORK, Jan 27 (Reuters) - Kevin Turner has departed Ken Griffin's Ci. Joseph Y. Bae is Co-Chief Executive Officer of Kohlberg Kravis & Roberts (KKR), a global investment firm with over $365 billion in assets under management. Citadel Securities CEO Peng Zhao (left) and Ken Griffin. Jonathan graduated cum laude with a BA from Tufts University and earned his MBA from the Kellogg School of Management at Northwestern University. Griffin has already bested the crypto crowd with his recent $43 million purchase of a first printing of the U.S. Constitution. The impetus for the purchase was reportedly from his son: Dad, you have to buy the Constitution!, Citadel has an intense sink or swim culture.