It has steadily expanded its remit since, with offices and systematic trading strategies spanning the globe focused on commodities, FX, ETFs, and cryptocurrencies. Suddenly, everybody was following the inspiration of Lin that is forever known as Linsanity.. 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. from Columbia College, Columbia University and J.D. Save this article. Its worth listening to him. Tower hired 67 employees via H-1B visa last year, including 29 quantitative traders and nine software engineers. Yang and Akiko were early supporters of UCSFs Covid-19 Response Fund. Aryani was named among Maryland's Top 100 Women. Citadel Securities is run by a Beijing-born data genius named Peng Zhao, 40. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking delivered daily to your inbox. But Griffin the shrewd business strategist cant resist training his genius quants at Citadel Securities, with their market-dominating algorithms, on the $2 trillion market for trading cryptocurrencies. Rice served as Stanford Universitys provost from 1993 to 1999. 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. In 2014, President Obama appointed Lisa to the Commission on White House Fellows. Nations wont want to depend upon the good graces of America., Thats just the first-order effect. Citadel founder and CEO, Ken Griffin: "The catastrophe in Ukraine is a giant unforced error.". From Griffins vantage point theres no mushroom cloud on the horizon, but the prospect is deeply worrying to the financier. 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. He was forced to leave the country and came to the U.S. later that year. 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. She is a fourth generation Japanese American from Orange, CA, and attended UCLA and the Harvard School of Public Health. Peng's rapid ascent reflects the culture of meritocracy he continues to foster at the firm. She is the Class of 1951 Chair for the Study of Leadership at West Point. Prevailing wage sets a floor for their salary, but salaries are commonly higher than the prevailing wage. A 30-year activist, Aryani carried out landscape studies on Asian American community organizations for Harvards Civil Rights Project and the Urban Institute, where she also co-authored Advancing Equity for AAPI Communities. He has been involved in numerous charitable efforts helping to develop the next generation of American leadership, and actively supporting Starr's historic commitment to U.S.-China relations. That dovetails with an overall hiring spurt for the firm, whose headcount more than doubled over the past two years, according to LinkedIn data. What has driven those returns is his close study of macrotrends and his uniquely powerful position at one of the fulcrums of global finance. 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. "As a Jewish American, I feel a moral obligation to stand with AAPI communities. He is a veteran of several high-profile campaigns and served as policy director and chief policy adviser for Governor Mitt Romneys 2012 bid for the presidency; a senior adviser to Marco Rubios 2016 presidential campaign; and a health policy adviser to the Bush-Cheney 2004 campaign. Salary in 2020. Kim received a MacArthur Genius Fellowship, was recognized as one of Americas 25 Best Leaders by U.S. News & World Report, and was named one of TIME magazines 100 Most Influential People in the World.. CEO Peng. 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. Based in the Bay Area, she serves on the San Francisco chapter's Steering Committee at Project by Project, a 100% volunteer-run nonprofit organization that focuses on giving back to the AAPI community and developing AAPI leaders through innovative philanthropy. One of the early architects of Citadel Securities, Peng joined the firm out of graduate school as a Senior Quantitative Researcher. Sruthi holds an MSc in Comparative Social Policy from the University of Oxford, where she was a Felix Scholar and Maude Royden Fellow, and an MA in Economics from the Indian Institute of Technology (IIT-Madras). Jonathan has been recognized on multiple occasions for his leadership at ADL. She is Founder and President of Montgomery County Progressive Asian American Network and Senior Advisor to Communities United Against Hate. "History repeats itself. Sign up for notifications from Insider! Oil prices are surging. from Yale and a Ph.D. from Harvard. 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. As an undergrad, Griffin traded options and convertible bonds with $265,000 in capital from his family and friends. Last year it used the H-1B visa program to hire more than 150 people, including 49 quantitative researchers, 23 quantitative research analysts, 19 software engineers, and 16 traders. Amanda Nguyen is an internationally acclaimed social entrepreneur. It has put a great burden on our fiscal deficit and locked in a huge liability for the next generation. 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?". Prior to joining the WBG, he served as the President of Dartmouth and held professorships at Harvard Medical School and the Harvard School of Public Health. She holds a Bachelor's of Science in Visual Communication Design from San Francisco State University. For these shows she reported from dozens of countries; covering stories about gang rape in the Congo, bride burning in India and the Lord's Resistance Army in Uganda, among other issues that are too often ignored. Michael Park is a Senior Partner at McKinsey & Company, where he leads the firm's Global Organization and Accelerate Practices. 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. The most common roles it hired on visa were algorithm developer (21), core developer (14), and algorithm engineer (11). 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. Marcelo founded her company in 2006, and under her leadership, Care.com became the world's largest marketplace for providing care. He is a Henry Crown Fellow of the Aspen Institute and a member of the Council on Foreign Relations. Marcelo earned both her JD and MBA with honors from Harvard University, and in 2014, was the youngest recipient of the Harvard Business School Alumni Achievement Award. Beverly Liang is a Project Manager at The Asian American Foundation, working across teams to create external branding and website content. from Madras Christian College, an MBA from the Indian Institute of Management in Calcutta, and a masters in public and private management from Yale. It doesnt matter if markets go up or down. 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. I mean, the amount of value that we have shifted to retail investors has been stunningand my firm has been one of the biggest drivers of that phenomenon.. 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. He has been a board or advisory council member at The Nature Conservancy (CA), Childrens Medical Foundation (HK), SF Marine Science Institute, and Positive Coaching Alliance. He bought put options, betting that the stock would fall, and made a few thousand after it collapsed. cum laude from Harvard Law School, and his A.B. DRW hired the fewest employees via H-1B visa on this list, with just 21 in total. 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. Stay up to date with what you want to know. The company . in Criminology and a Master of Public Administration with an emphasis in public and nonprofit management. 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. 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. 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. Since becoming CEO in 2017, he . But its bread and butter is exchange-traded funds, trading trillions in ETF volume annually as one of the largest market makers in the world. Dr. Mariko Silver is the president and CEO of the Henry Luce Foundation. 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. He wrote Make, a key software. . Sakurai is married and lives in New York. 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. His maternal grandparents ran a thriving regional fuel-oil company in Illinois, plus three farms and a seed business. Naheed also worked for the City of Los Angeles Department of Neighborhood Empowerment and the national legislative office of the ACLU. Tsai and his wife Clara have taken on active roles supporting social justice and COVID-19 related humanitarian relief. He bemoans Americas economic response to the pandemicessentially flooding the zone with $5 trillion in federal stimulus spending. "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. Most recently, she was a co-Principal Investigator on a mixed methods, community-based participatory research study documenting the needs of, perspectives on, and access to sexual and reproductive health in the AAPI comunity. He joined the board again in October 2017 and has served as its vice chair. She is a highly creative marketing and communications executive with a depth of experience building brand and comms strategies, negotiating key press placements, developing social media campaigns, executing stunts and events, establishing innovative partnerships and managing talent in both the profit and non-profit space. He co-founded Alibaba Group, a global Internet technology company headquartered in China, in 1999, and serves as the companys executive vice chairman. from the LBJ School of Public Affairs at the University of Texas at Austin and earned her J.D. Audrey is a fourth generation Japanese American who was born and raised in Union City, California and now resides in Oakland with her husband and two teenage sons. Griffin has spent most of his career avoiding publicity. Nooyi holds a B.S. She currently works and lives in Maryland with her husband and their three children. She has more than twenty years of executive leadership experience in the philanthropic and nonprofit sectors where she has consistently helped organizations maximize their impact while building a collaborative, team-oriented culture. 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. Jim Yong Kim M.D., Ph.D., is Vice Chairman and Partner at Global Infrastructure Partners. 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. He also led a multi-program team to strengthen social justice organizations and networks in the U.S. Chen was also the Founder and CEO of Smart Growth America, where he created the National Vacant Properties Campaign and Transportation for America, and managed a merger with the Growth Management Leadership Alliance. Over the years, he has made opportunistic acquisitions. She is a senior fellow with the Future of Diplomacy Project at the Belfer Center for Science and International Affairs at the Harvard Kennedy School and an adjunct senior fellow at the Council on Foreign Relations. The firm last summer revealed intentions to compete with Citadel Securities, Virtu, and several others that execute giant volumes of trades for individual investors through online retail brokerages. 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. Peng Zhao, the new CEO of Citadel Securities who takes over after the abrupt exit of Kevin Turner, is no stranger to the Chicago company, despite the low profile he has kept there.. Joe Tsai is Governor of the NBA Brooklyn Nets and WNBA New York Liberty. But he cut his teeth making real bets as a professional poker player and horse bettor he and some friends were once banned from a race track outside Chicago for exploiting a promotional wager that netted them hundreds of thousands of dollars. She joined the Justice Department through the Attorney Generals Honors Program where she acted as an attorney advisor to Immigration Judge Ellen K. Thomas. She is a Deans Advisory Council member at MITs School of Engineering, and an Executive Committee member of the MIT Corporation. Beeson and Peng Zhao, chief executive officer of Citadel Securities, also gave Vallas $100,000 each. Tsai is a supporter of the Paul Tsai China Center at Yale Law School, a center named after his father dedicated to helping advance legal reforms in China and increasing understanding of China in the United States. Charity has an MPA from Princeton University's School of Public and International Affairs and a BA from the University of California, Berkeley. She started in journalism as a correspondent for Channel One News where she covered the civil war in Afghanistan at 21 years of age. Citadel Securities, and other top market makers, pay retail brokers like Robinhood hundreds of millions in fees for the right to execute their clients' stock and options trades. 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. 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. Sonia Chou is the Manager of Corporate Affairs & Philanthropy at The Asian American Foundation, working closely with TAAF's corporate and fundraising partners to unlock resources for the AAPI community and community based organizations. Perhaps the biggest risk, Griffin says, is the weaponization of the dollar now that Western powers have cut off Russias access to bank accounts containing hundreds of billions of dollars in cash and securities. As a venture capitalist, Norman led successful life sciences investments at Fidelity Asia Ventures (now Eight Roads) and 6 Dimensions Capital. 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. . She is a proud New Yorker and second generation Korean American currently raising two children with her partner on Long Island. H Heath Tarbert It is completely unacceptable for our country, with all our technological and geological advantages, to depend on any other country for energy.. Assumed the CEO position in 2016 at age of 34. Last November Griffin beat out a 17,000-member crypto collective by paying $43 million for a first printing of the U.S. Constitution. When I was in college, trading commissions were $19 or $20. It may help that cryptocurrencies are still nascent, growing markets and not nearly as competitive for trading profits as traditional asset classes. See Peng Zhao's compensation, career history, education, & memberships. He received an MBA from INSEAD, Fontainebleau, France in May 1976. Access your favorite topics in a personalized feed while you're on the go. Griffin is a big-picture guy whose track record is nearly unparalleled on Wall Street. Ken Griffin is staring pensively out a wall of windows on the tenth floor of a Midtown Manhattan office building, one of three locations in New York City occupied by his $47 billion Chicago-based hedge fund, Citadel. weaponization of the dollar. As a social justice-oriented actor trained by Augusto Boal, Anna Deveare Smith, Judith Sloan, and Ernest Abuba, Terry wrote and performed a semi-autobiographical, oral history-based solo show, 38th Parallels, which enjoyed an Off-Broadway run with Pan Asian Repertory Theatre.Dr. 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. Lisa is the Executive Producer and host of THIS IS LIFE on CNN. Griffin employs smart mathematicians and scientists who harness cutting-edge technologypredictive analytics, machine learning and artificial intelligenceto analyze huge amounts of data in real time. But also, Jump Crypto isn't just a trading firm; it's also investing in start-ups, and half of its developers are dedicated to building its own protocols, according to CoinDesk. Co-Chair; President, Starr Strategic Holdings LLC, Co-Chair; Former Special Representative to Muslim Communities, U.S. State Department, Director of Domestic Policy Studies In the Public Policy Program and Hoover Institution Fellow, Stanford University, CEO, Asian Americans/Pacific Islanders in Philanthropy, Regional Vice President, NeighborWorks America, President and CEO, The George W. Bush Presidential Center, Regents Professor of History and Asian American Studies, University of Minnesota, Executive Producer and Host, CNNs This is Life with Lisa Ling, Racial Healing and Racial Equity Consultant; Former State Senator, Minnesota, 66th U.S. Secretary of State; Tad and Dianne Taube Director, Hoover Institution, Former Guam Delegate to U.S. House of Representatives; President Emeritus, University of Guam, Manager, Corporate Affairs & Philanthropy, Community Engagement Manager, Anti-Hate & Belonging, Corporate Engagement & Development Manager, Education and Narrative Change Program Officer, Advisor, Grants Management & Organization Development. Amid The Ukraine War, He Navigates A Company In Turmoil, Hoops 'Armageddon' Is Coming And Duke, North Carolina Fans Are Scrounging To Be There. Moushumi Khan is an attorney with 25 years of business, legal, and government experience. Zhao's previous role was vice-chairman of Citadel. They have since worked together on films including The TV Set, Walk Hard: The Dewey Cox Story, Bad Teacher, Sex Tape, Jumanji: Welcome to The Jungle, Jumanji: The Next Level, the indie feature "Lucky Grandma" and the hit television comedy New Girl. Besides serving as executive producer on the upcoming Doogie Kamealoha for Disney+, Mar served as an executive producer on Fresh Off the Boat, "Bless This Mess", Weird Loners, The Grinder and "Speechless". Theres nothing like the need to drive innovation. Denying rival nations like Russia and China access to American technology will simply lead them to find other solutions. 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. Born in South Korea, raised in Pennsylvania, Kim began his career on stage after graduating from Haverford College and earning an MFA from NYU. The couple also founded the Wu Tsai Institute at Yale University to focus on understanding human cognition and exploring human potential by sparking interdisciplinary inquiry among the psychological, biological, and computational sciences. $1 Million - $5 Million. The firm was cofounded in 1998 by Mark Gorton, who started out as an electrical engineer at a Lockheed Martin predecessor and later worked as a fixed-income prop trader at Credit Suisse First Boston. Hudson River Trading bills itself as a math-focused trading enterprise, with a mantra of, "Built by coders. "High-frequency trading" has lost some pejorative sting as these firms have become dominant fixtures in various global markets. In 2003, at 34, Griffin debuted on The Forbes 400 as that years youngest self-made member, with a net worth of $650 million. Gorton has always maintained interests outside of Wall Street, most notably as the founder of file-sharing service LimeWire, which rivaled Napster in the early 2000s and was likewise sued into submission by music record labels. He is from China. We wanted to do our part to ensure that they had the necessary resources to fulfill their critical mission. Your contribution to TAAF is tax-deductible for Federal tax purposes, to the extent provided by applicable Federal tax laws. Under her leadership, the Fund reached historic levels of fundraising and grantmaking while launching new programs that increased the Funds visibility. Ambassador for Global Womens Issues, Melanne Verveer. He holds an M.A. 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. In 2012, he founded AME Cloud Ventures, a venture fund that invests in seed-stage to later-stage tech companies that build infrastructure and value chains around data. Yang and Filo were recognized as Engineering Heroes by the Stanford School of Engineering in 2013. Rice has won two of the universitys highest teaching honors the 1984 Walter J. Gores Award for Excellence in Teaching and the 1993 School of Humanities and Sciences Dean's Award for Distinguished Teaching. Norman is passionate about building organizations in both the nonprofit and private sectors that positively impact society. Theres nothing efficient about bitcoin from an economic or environmental perspective. Upcoming projects include AMCs "Pantheon," an animated drama inspired by Ken Lius short stories, and National Geographics "The Hot Zone: Anthrax. He stepped down as Tower CEO in 2019 but remains chairman of the firm. And right after Citadel reached settlement with Chinese communist government. Virtu, one of the largest HFTs handling retail stock trades, is a public company and wasn't included on the list. "Asian Americans have a long and deep history in the United States and have made significant contributions to the countrys success over the past 150 years. Ms. Khan is a Henry Crown Fellow at the Aspen Institute and a Life Member of the Council on Foreign Relations. My role at TAAF will be in service of building that understanding through sharing stories and amplifying voices. Norman brings a thirty-year career in entrepreneurship, healthcare, community leadership, and philanthropy spanning the United States and Asia. Hes now worth $27.2 billion, but he has bigger things on his mind than the size of his personal fortune. Sruthi brings her lived experience as a first-generation Indian American and a recent immigrant to the United States, along with her professional expertise in research and monitoring, evaluation, and learning, to TAAF. As a result, prop trading firms are voracious hirers of engineers, data scientists, and quantitative traders and researchers. Kim can currently be seen in Netflix's "Stowaway" and in Disney's "Raya and The Last Dragon." Claire joins TAAF from the Design Trust for Public Space where she assisted with fundraising for public space and place-making initiatives in New York City. He served as lead China advisor on over $200 billion of completed China transactions and led investments alongside Chinas most significant commercial and financial players. 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. Ramo has been a Crown Fellow of the Aspen Institute, a term member of the Council on Foreign Relations, a member of the Asia21 project, a member of the World Economic Forums Global Leaders for Tomorrow, and a founder of the US-China Young Leaders Forum. Stella was the recipient of the UC Hastings Certificate of Leadership and the UC Hastings Outstanding Contribution by Staff during her time there. She lives on the East Coast where she participates in several social justice giving circles. Peng Zhao is Chief Executive Officer at Citadel Securities LLC. He graduated magna cum laude, Phi Beta Kappa from Harvard with an A.B in Economics.