Richest Man in Illinois Moves Business From Chicago to Miami Amid Crime Concerns

Richest Man in Illinois Moves Business From Chicago to Miami Amid Crime Concerns
Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute Global Conference in Beverly Hills, Calif., on May 2, 2022. Patrick T. Fallon/AFP via Getty Images
Jack Phillips
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The richest person in Illinois announced Thursday he’s moving his hedge fund firm’s headquarters from Chicago to Miami, Florida, coming as he said that crime in the Windy City is far too high.

“Chicago will continue to be important to the future of Citadel, as many of our colleagues have deep ties to Illinois,” billionaire Ken Griffin wrote in a note Thursday to Citadel’s employees. “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.”
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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