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
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