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.”