Economics
Ken Griffin Joins Dan Loeb, John Paulson in Donating to Success Academy
- Citadel CEO’s $10 million gift to help expand middle schools
- Hedge fund founder drawn to network’s ‘extraordinary outcomes’
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Ken Griffin is chipping in $10 million to open new middle schools in Brooklyn and Queens.
The gift from Citadel’s founder and chief executive officer is the latest influx of hedge-fund money into Success Academy Charter Schools. Dan Loeb, Julian Robertson, John Paulson and Boaz Weinstein have all previously given to the network as founder and CEO Eva Moskowitz pushes for expansion to 100 schools by 2030. This year it operates 47 schools serving kindergarten to 12th grade students.