Ken Griffin moved Citadel out of Chicago after colleague was robbed at gunpoint: report

Citadel CEO Ken Griffin relocated his hedge fund's headquarters from Chicago to Miami attributable to hovering crime charges within the Windy Metropolis.
Bloomberg through Getty Pictures

Billionaire Ken Griffin determined it was time to relocate the headquarters of his large hedge fund Citadel from Chicago after a colleague was robbed whereas having a gun pressed to his head throughout a espresso run, in keeping with a report.

Griffin, whose internet price is pegged by Forbes at $31 billion, introduced earlier this 12 months that his household and the funding agency would decamp from the Windy Metropolis in favor of Miami.

The 53-year-old monetary tycoon cited Chicago’s hovering price of violent crime as a key issue within the determination, telling Bloomberg Information that he has personally been affected by Chicago’s descent into what the information website calls “anarchy.”

One in all his colleagues went to get espresso when he was accosted by an armed assailant who put “a gun to his head” and robbed him, Griffin informed the positioning.

Griffin mentioned one other colleague was outdoors ready for a automobile when he was approached by “some random lunatic simply attempting to punch him within the head.”

Griffin mentioned a colleague was robbed at gunpoint on a espresso run in Chicago.

TNS

In the meantime, the Miami native is losing no time in placing his stamp on his hometown, which is evolving into what observers name “Wall Road South.”

Earlier this month, Griffin set a Miami document by buying a waterfront compound for $109 million.

Citadel has additionally been busy snapping up tons of of hundreds of thousands of dollars price of business property in its new dwelling — the fashionable monetary district of Brickell.

“We’re not kind of in — we’re all in,” Griffin informed Bloomberg when requested about his plans for the corporate’s Miami growth.

Griffin and his hedge fund have purchased tons of of hundreds of thousands of dollars price of business and residential actual property in and round Miami.

Anadolu Company through Getty Pictures

Griffin additionally revealed that he can be open to serving as Treasury secretary in a Ron DeSantis administration if the GOP governor of Florida decides to make a bid for the White Home in 2024.

He informed Bloomberg that he “will certainly be concerned within the presidential race” and that he would think about shifting to Washington, DC, if known as upon to take action by a Republican president.

Final week, McDonald’s CEO Chris Kempczinski informed a gaggle of enterprise leaders that his firm, which is headquartered in Chicago, is having problem recruiting expertise as a result of hovering crime price.