Chicago’s richest man moves $22 billion company to Florida, citing crime
BY LUKE GENTILE
Chicago’s richest man is leaving Mayor Lori Lightfoot’s (D) city and taking his $22 billion company with him.
Ken Griffin, a hedge fund billionaire worth nearly $29 billion, announced he had moved from Democratic-led Illinois to Republican-led Florida .
Florida is also set to become the new home of Citadel Securities, a company valued at around $22 billion, according to a report.
While not stated in a letter to employees, Citadel officials reportedly said crime was a critical factor in the decision to move.
“If people aren’t safe here, they’re not going to live here,” he said in a recent interview. “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.”
The move will have a negative impact on the financial condition of Lightfoot’s Chicago, the report noted.
Griffin was the Windy City’s richest resident and the source of millions in donations to charities.
If this keeps up they will have to start taxing the drug pushers and criminals. I wonder how they will achieve that?