Friday, June 24, 2022

Living in Chicago is not very sunny

Illinois' richest man Ken Griffin is taking his $25 billion fortune and trading firm Citadel to Miami after slamming Chicago's rising crime rate and saying the Sunshine State 'embodies the American Dream'

  • Ken Griffin announced in a memo to employees on Thursday he is relocating his family and the headquarters of his Citadel hedge fund to Miami
  • The move is expected to take several years to complete - as his firms have more than 1,000 employees in Chicago
  • It will deal a significant blow to the state's tax collection efforts, as Griffin has a net worth of about $25 billion and other major firms have also left the city
  • The move comes as violent crime in the city is up 34 percent from last year
  • Griffin has previously spoken out against the crime waveBy MELISSA KOENIG FOR By MELISSA KOENIG FOR DAILYMAIL.COM

No comments:

Post a Comment