Citadel's Record-Breaking Year Results in $7B Return to Investors: Insider

Citadel, led by billionaire Ken Griffin, plans to return approximately $7 billion in profits to investors after a year of double-digit returns. The flagship Wellington fund achieved a return of 14.8% through November. This move follows a similar action last year when Citadel returned around $7 billion to investors after posting gains of over 30%. The firm typically returns money to maintain a manageable size in relation to investment opportunities. Citadel, with $58 billion in assets under management, has outperformed many of its peers.