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1 hour ago

Chicago knows what happens when Ken Griffin turns on a city, now Mamdani may find out

here is no clearer example of what happens when billionaire Ken Griffin turns on a city than Chicago, a blueprint now playing out in New York.The Citadel founder is clashing with New York City Mayor Zohran Mamdani over taxes targeting the ultra-wealthy and intensifying crime, reviving the same tensions that drove him to pull his business and billions out of Chicago.Griffin, worth about $50 billion according to Forbes, moved the firm’s global headquarters from Chicago to Miami in 2022, a departure that showed how quickly jobs, investment and influence can follow when a major financial player le...

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