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Chicago’s richest man moves $22 billion organization to Florida, citing crime

Chicago’s richest gentleman moves $22 billion business to Florida, citing crime

Luke Gentile

June 23, 05:23 PM June 23, 05:23 PM

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Chicago’s richest gentleman is leaving Mayor Lori Lightfoot’s (D) metropolis and taking his $22 billion company with him.

Ken Griffin, a hedge fund billionaire worth almost $29 billion, introduced he had moved from Democratic-led Illinois to Republican-led Florida.

Florida is also set to turn into the new home of Citadel Securities, a company valued at close to $22 billion, in accordance to a report.

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Whilst not said in a letter to staff members, Citadel officials reportedly claimed criminal offense was a critical issue in the determination to go.

“If persons are not risk-free in this article, they’re not likely to are living right here,” he stated in a recent job interview. “I’ve had multiple colleagues mugged at gunpoint. I’ve experienced a colleague stabbed on the way to do the job, a great number of concerns of theft. I mean, that is a genuinely tricky backdrop with which to attract expertise to your city from.”

The shift will have a adverse effects on the monetary issue of Lightfoot’s Chicago, the report mentioned.

Griffin was the Windy City’s richest resident and the supply of tens of millions in donations to charities.

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