As a human resources leader, he launched initiatives to address and revitalize organizational culture and climate, developed inclusive performance processes, and designed professional learning programs. Consider natural gas, which just 15 years ago was expensive and in short supply. At Stanford, he has served twice on the board of trustees, the first time from 2005 to 2015. Over the course of Care.coms growth, Marcelo has also been honored with numerous accolades, including one of the "Top 10 Women Entrepreneurs" at Fortune's Most Powerful Women Summit and Fortune Magazine. There will be serious The Making of Asian America will also soon be republished with a new postscript about the latest campaigns against Asian Americans. Ask him for the key to his success and hell talk about his obsession with talent. See Peng Zhao's compensation, career history, education, & memberships. The vilification of payment for order flow might score political points. He is from China. Eric sits on the board of directors for the Smithsonian Asian Pacific American Center, Reimagine and LAAUNCH (Leading Asian Americans to Unite for Change) and is an investor at Hyphen Capital. Tong Yuan was adopted from China and raised in Seattle, Washington. Have we laid the seeds for the setting of the American era of technological superiority? Griffin asks. The continued unfolding of this catastrophe in Ukraine is a giant unforced error by mankind, he says. That means Gorton has more frequently found himself in the spotlight, an outspoken counterexample to his more secretive HFT peers. in 1995 with fellow Stanford graduate student David Filo and served on its board and as a member of its executive team until 2012, including as CEO from 2007 to 2009. He is featured in the Smithsonian Institutes Family of Voices, part of the ongoing Many Voices, One Nation exhibition at the National Museum of American History. She is passionate about democracy building, heart leadership, and making visible the interconnectedness among peoples. Citadel founder and CEO, Ken Griffin: "The catastrophe in Ukraine is a giant unforced error.". Longer term, Griffin sees a flock of black swans looming. He is currently the Global Head of Social Marketing at Facebook and has held previous marketing leadership roles at Gap Inc, Airbnb, Snapchat, and Nike. She started in journalism as a correspondent for Channel One News where she covered the civil war in Afghanistan at 21 years of age. Im a collector of American abstract art.. Yang is set to become the first Asian American to serve as the Chair of Stanford Universitys Board of Trustees in July, 2021. 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. Eric is also an advisor to many disruptive startups like Yumi, Wardrobe, Upaway, Fyllo, and many others. Whats our next move? When it comes to equities, the firm accounts for more than 25% of all U.S. trades, 40% of retail trades and more than 30% of stock options volume. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. In the early months of the Covid-19 pandemic of 2020, Bae and the KKR leadership established a $50 million global relief fund to help people affected by COVID-19. Zhao, who has a doctorate in statistics from Berkeley, is well equipped to lead Citadels charge into digital asset trading. in Political Science. Jonathan Greenblatt is the CEO of ADL (Anti-Defamation League) and its sixth National Director. 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. Growing up in South Florida in the 1980s, Griffin was drawn to tech from an early age. Citadel Securities is now among the largest institutions executing trades in options and equities, handling one-quarter of the US equities volume across a broad swath of the market and handling more trades from individual investors than any other firm. European stocks and the Nasdaq are down nearly 18%. He posted a 70% return in his first year. Then came the fracking revolution, and now American gas is so cheap and plentiful that the U.S. exports 7 billion cubic feet of it per day to Europe, displacing Russian gas. In addition to Citadel Securities and Jump, other top market makers on the list include: DRW, Hudson River Trading, Jane Street, Susquehanna International Group, and Tower Research. cum laude from Harvard Law School, and his A.B. Peng Zhao is Chief Executive Officer of Citadel Securities, a global financial services firm headquartered in Chicago, with offices across the United States, Asia-Pacific and Europe. But as these firms continue their expansion into new asset classes, including cryptocurrencies, and longer trading horizons, novel research and cutting-edge trading algorithms are an equally powerful weapon. Nguyen penned her own civil rights into existence by unanimously passing the Sexual Assault Survivors Bill of Rights. Tsai was born in Taiwan, of parents who originally came from Shanghai with ancestral lineage to Zhejiang Province in China. "Ive long believed that education is one of the most powerful tools in bridging cultures and bringing people together to create change. Dr. Silver also served for Arizona Governor Janet Napolitano as the Policy Advisor for Economic Development, Innovation, and Higher Education. Jim Yong Kim M.D., Ph.D., is Vice Chairman and Partner at Global Infrastructure Partners. 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. Citadel Securities. He has faith that those price spikes will ultimately resolve themselves. Video- Jesse Dylan, Priscilla Cohen, Natsu Furuichi, Graham Riley, Janine Sax, Sarah Choi, Yvonne King, Jaime Arze, Michael Aloyan, Charles van der Poel, Abhi Chacko, Ali Rubin, Patti Solis Doyle, Wenchi Wei, Selena Shen, Nik Deogun, Tanya Takahashi, Deepali Bagati, Neal Arthur, Karl Lieberman, Tobey Bennett, Madeline Parker, Gino Click, Kevin Kaminishi, Yukino Moore, Jasmine Sarbaz, Andy Lindblade, Alysha Kishan, Jesse Collins, Kimmie Kim, Carol Donovan, Sandra Restrepo, Joe Bouye, Amanda Silverman, Anna Bailer, Chelsea Thomas, Sandi Halimuddin, Christine Su. Peng Zhao is Chief Executive Officer at Citadel Securities LLC. New funding to accelerate opportunity in AAPI communities across the United States. He previously served as a full-time, teaching-focused professor of Asian American Studies at seven higher education institutions across the U.S., including Wellesley College, the University of Maryland, College Park, Hunter College, San Quentin State Prison and Harvard University, where he was awarded a Certificate of Teaching Excellence. Susquehanna International Group isn't just the largest of the US prop trading firms on this list, it's the oldest, founded in 1987 by Jeff Yass. The investment valued the brokerage at $22 billion, increasing Griffins net worth by $5 billion in the process. Recently, her viral video sparked national coverage on anti-asian hate crimes. She is a Henry Crown Fellow with the Aspen Institute, a Young Global Leader of the World Economic Forum, was awarded a Marshall Memorial Fellowship, and is a member of the Council on Foreign Relations. "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. In 2020, Care.com was acquired by holding company IAC. Like any great trader, Griffin is focused on domino effects. In 1987, Kim co-founded Partners In Health, a non-profit medical organization. He has interviewed President Obama, Emmanuel Macron, Vladimir Putin, Benjamin Netanyahu and Recep Tayyip Erdoan, among others. She grew up in the midwest, attended Brown, received her M.P.A. "My wife Cherry and I are grateful for the hard work of our frontline responders. 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. Prior to her government service, Dr. Silver was instrumental in the transformation and expansion of Arizona State University, leading in work on economic development policy and metrics, science, technology and innovation policy, state K-12 and higher education policy, sustainability science, and global health. Niu is a member of the Council on Foreign Relations and the Committee of 100. During the Obama administration, she served for the U.S. Department of Homeland Security as Acting Assistant Secretary and Deputy Assistant Secretary for International Policy. In 2002 he picked up pieces of Enrons energy trading arm, and four years later he snapped up Amaranth Advisors and Sowood Capital after they suffered devastating trading losses. In the mid-1980s to mid-1990s, Mr. Sakurai served in several senior managerial capacities for Mitsubishi International Corporation in New York and Washington, D.C. Sruthi also has extensive experience generating and using evidence to inform policy and programming across diverse contexts. 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. Audrey graduated from the University of California, San Diego with a degree in economics and has an MBA from the Anderson School at UCLA with an emphasis in nonprofit management and entrepreneurship. 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. 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. Griffin believes inflation is going to force central banks around the world to tighten interest rates more aggressively. Peng Zhao was born in Beijing, China. That's where Yass in the early 1980s got his start as an options trader on the Philadelphia Stock Exchange and a protege of hedge fund billionaire Izzy Englander, who funded his early trading, according to a profile in Forbes Magazine. Joshua Cooper Ramo is Chairman and CEO of Sornay. Baonam Nam Giang serves as the Community Engagement Manager for the Anti-Hate and Belonging Program at The Asian American Foundation (TAAF). Until 2016, he served as CEO of the firm. Peng earned his PhD in Statistics from the University of California at Berkeley, where he was a Berkeley Fellow, and holds a bachelors degree in applied mathematics from Peking University. Prior to joining TAAF, Audrey served as the President and Executive Director of the Asian Pacific Fund, the only foundation dedicated to supporting the San Francisco Bay Areas most vulnerable Asians and Pacific Islanders. Chen currently serves as Co-Chair of the Presidents Council on Impact Investing and on the boards of Living Cities, Asian Americans/Pacific Islanders in Philanthropy, and Philanthropy New York. Peng's rapid ascent reflects the culture of meritocracy he continues to foster at the firm. Since 2016, Ken Hersh has served as President and CEO of the George W. Bush Presidential Center, a non-partisan institution which houses the George W. Bush Presidential Library and Museum and the George W. Bush Institute. But thats short-term thinking. Jerry Yang co-founded Yahoo! 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. He is based in Los Angeles and New York. In January 2020, Li Lu co-founded the Guardians of the Angeles Charitable Foundation to combat the global COVID-19 crisis and now serves as Chairman of the Board of the Foundation. Li Lu is a member of the Committee of 100, the Council on Foreign Relations, and an Aspen Institute Henry Crown Fellow. And right after Citadel reached settlement with Chinese communist government. She serves on the board of the Asian Health Services Foundation, is an inductee of the Alameda County Womens Hall of Fame, an alumnus of Leadership California and recipient of the Asian Business Leagues Leadership Award. But it's also grown into a major player in ETFs, interest rate swaps, US treasuries, and foreign currencies, doing business with more than 1,600 financial institutions. Both VCs are aggressively involved in crypto, signaling a shift for Griffin, one of the most vocal critics of digital assets. Holyoke College, which also conferred upon her an honorary Doctorate of Human Letters in 2015. Peng Zhao is Chief Executive Officer of Citadel Securities, a global financial services firm with offices across the United States, Asia-Pacific and Europe. And unlike its peers, it isn't headquartered in Chicago or NYC, but rather just outside Philadelphia in the suburb of Bala Cynwyd. He bemoans Americas economic response to the pandemicessentially flooding the zone with $5 trillion in federal stimulus spending. Kim starred on the hit series "Hawaii Five-0" and "Lost," as well as on stage in Lincoln Center's Tony Award-winning production of "The King and I.". 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. Founded in 2002, HRT handles about 8% of the US daily stock-trading volume, but it also develops algorithms to trade in derivatives, FX, fixed-income, and, like several of its competitors, cryptocurrencies. Lisa was the first female host of National Geographics flagship show Explorer which sent her to cover female suicide bombing, the spread of the MS-13 gang, and the humanitarian crisis inside North Korea. Citadel and Robinhood were cleared of conspiracy charges, but Griffin became the subject of relentless ridicule in memes on Reddit and Twitter. They fight to bring aboard the most promising Ph.D. holders graduating each year in hard sciences, competing not just with systematic hedge funds but also elite Silicon Valley corporations. It was get under your desk to brace for the impact of a nuclear blast. To see us return to the rhetoric of that moment is a huge setback.. 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. That dynamic has shifted in recent years, in part because of its size. As a college student, he participated in the Tiananmen Square student movement in 1989. And if we see key buyers around the world back away from owning Treasuries and other dollar assets, we will pay a much higher cost on that debt for years to come. He comes to TAAF after serving in a multitude of public sector leadership roles, including chief of human resources at the Illinois Tollway, deputy chief human resources officer at the Chicago Housing Authority, deputy chief talent officer at City Colleges of Chicago, and director of talent acquisition at Chicago Public Schools. He also helped found and leads Asians at McKinsey, their Asian employee resource group. Before joining PepsiCo, she served as the inaugural Director of the Women in the World Foundation, a public charity founded out of Tina Browns Women in the World Summit at Newsweek & the Daily Beast and managed Goldman Sachs Gives, a billion dollar charitable fund for the partners of Goldman Sachs. Fun fact: in 2011 Terry was crowned Mr. Hyphen, an Asian American male-identifying beauty pageant, by performing as his alter ego, Magical Air Guitar Unicorn. She was nominated for a Nobel Peace Prize in 2019. In 2002 he created Citadel Securities partly because he was miffed that the broker-dealers handling his options trades were charging stiff commissions. A Harvard University graduate, Lin helped pave the way for his Harvard team to become nationally-ranked for the first time in its history along with making their first NCAA Tournament appearance since 1946. Millennial Billionaire Ryan Breslow Created Buzz, And Enemies, Attacking Stripe And Shopify. Did The Son Of The World's Third-Richest Person Trade NFTs With Inside Information? She is from San Francisco, California. Copyright 2023 MarketWatch, Inc. All rights reserved. He previously served as Head of Global Market Making, where he oversaw Citadel Securities'. In 2003, at 34, Griffin debuted on The Forbes 400 as that years youngest self-made member, with a net worth of $650 million. Park received his BA in International Studies from Vassar College, his MA from NYUs Gallatin School of Individualized Study, and his PhD in Cultural Studies with a designated emphasis in Studies of Performance and Practice from the University of California, Davis. Ethos was acquired by Starbucks Coffee Company in 2005. Fluent in Mandarin Chinese, Niu earned a B.S. In addition to his role as CEO of Citadel LLC, Griffin also heads Citadel Securities, the market maker of Citadel Securities, worth $43 billion. That expansion has attracted attention including from marquee investors. Committed to building a company that can be both profitable and mission-based, Sheila drove innovation across Care.com's platforms and services to enable families to find care, and for caregivers to receive meaningful work, while also leveraging the company's data and reach to drive systemic change across the care economy as a whole. Additionally, Ken manages his family investment office and serves as Senior Advisor to The Carlyle Groups natural resources division. They're also recognized as critical liquidity providers in a variety of asset classes, including equities, fixed-income, derivatives, ETFs, and, increasingly, digital assets. After Griffin secured the prize, he contacted members of the DAO. She lives on the East Coast where she participates in several social justice giving circles. 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). Led by coders." Currently she serves as a board member of Asian American Futures and the Asian American Action Fund. Born in Birmingham, Alabama, Rice earned her bachelor's degree in political science, cum laude and Phi Beta Kappa, from the University of Denver; her masters in the same subject from the University of Notre Dame; and her Ph.D.in political science from the University of Denver. 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. repercussions to the Eng previously served as Chief Service Officer at the Mayors Office of the City of New York to deepen and expand civic engagement through volunteer and service programs. johnny falcone biography peng zhao citadel securities net worth. In just the last three years, Citadel has hired more than 400 engineers, some fresh out of elite colleges but others from competing Wall Street firms and big tech. Nations wont want to depend upon the good graces of America., Thats just the first-order effect. $1 Million - $5 Million. The company's extroverted subsidiary formally launched last fall with a real live press release and all and the staff of roughly 140 have taken to blogging, podcasting, press interviews, and colorful presentations where they seek to answer the time-honored question: "Who the F**k Is Jump?". As Development Associate, she provides operational and administrative support for revenue generating activities and partnerships at the organization. She has over twenty years of experience in the finance field primarily in healthcare finance management within start-ups and non-profit organizations. Michael Park is a Senior Partner at McKinsey & Company, where he leads the firm's Global Organization and Accelerate Practices. 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. 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. 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. His most serious rival in the November 2021 Sothebys auction was a blockchain-backed digital money collectivea decentralized autonomous organization known as ConstitutionDAO, which had raised tens of millions in an attempt to buy the document. He also serves as director of the Monterey Peninsula Foundation and a trustee of Dunhuang Foundation (USA). According to US Department of Labor documentation, the offered wages in the disclosure data are the minimum amounts companies provided in foreign labor certification applications for specific workers. Dr. Terry K Park (he/him) serves as TAAFs Education and Narrative Change Program Officer. One of the early architects of Citadel Securities, Peng joined the firm out of graduate school as a Senior Quantitative Researcher. 3AD produces the ABC hit "The Good Doctor" and has several projects in development, including the recently announced "Shoot the Moon," with Ken Jeong. Bernadette Cruz is Director of Operations at The Asian American Foundation managing vendor relations, contracting processes, and oversees effective procedures throughout the organization. She comes to TAAF after serving as President & CEO of the I Have A Dream Foundation, a national nonprofit empowering youth to achieve their dreams through education and mentorship. 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. He holds undergraduate degrees from Loyola University Chicago, a law degree from Chicago-Kent College of Law, a masters in business administration from the University of Notre Dame, and a masters in cities from the London School of Economics and Political Science. Peng Zhao (simplified Chinese: ; pinyin: Zho Png) is a Chinese-American businessman who is the CEO of Citadel Securities. The most common roles it hired on visa were algorithm developer (21), core developer (14), and algorithm engineer (11). Aryani Ong is TAAF's Director of Anti-Hate & Belonging, and a Chinese-Indonesian American civil rights attorney. Jan 2015 - Present8 years 1 month. 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. Ms. Khan also helped found the Muslim Bar Association of New York. 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. He wrote Make, a key software. "We want to be able to tell our own story, rather than having the story told about us.". Oops! Sign up for our newsletter to receive the latest news, announcements, project updates, and stories from The Asian American Foundation. Hudson River Trading bills itself as a math-focused trading enterprise, with a mantra of, "Built by coders. Some of her clients are local and State elected officials, community and national foundations, colleges and universities, and non-profits. Citadel Securities CEO Peng Zhao (left) and Ken Griffin. Marcelo founded her company in 2006, and under her leadership, Care.com became the world's largest marketplace for providing care. 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.