"Wealthiest Man In Illinois Moves His Business From Chicago To Miami Amid Feud With Democratic Leadership"
Ken Griffin of Citadel, a multibillion-dollar hedge fund, announced that he would move his company from Chicago, Illinois, to Miami, Florida.
“Chicago will continue to be important to the future of Citadel, as many of our colleagues have deep ties to Illinois,” Griffin wrote in a Thursday letter to his employees, per The Wall Street Journal. “Over the past year, however, many of our Chicago teams have asked to relocate to Miami, New York and our other offices around the world.”
Griffin — whose $29 billion net worth makes him the richest man in Illinois and places him within the 50 richest men on the planet, according to the Bloomberg Billionaires Index — has already moved to Florida. He hinted to The Wall Street Journal earlier this year that crime rates may have prompted his decision.
“If people aren’t safe here, they’re not going to live here,” he told the outlet. “I’ve had multiple colleagues mugged at gunpoint. I’ve had a colleague stabbed on the way to work. Countless issues of burglary. I mean, that’s a really difficult backdrop with which to draw talent to your city from.”
Under the leadership of Mayor Lori Lightfoot (D-IL), the city of Chicago recorded 797 homicides in 2021 — the highest of any American city.

