26 June 2022

Richest Man in Illinois Moving to Miami

And taking his business, and probably his charitable giving with him. Ken Griffin's Citadel moving to Miami from Chicago. I'm only about 93% sure that he's the richest man in Illinois, but still...

Are we shocked that people don't want to live and work in Chicago?

Citadel executives have expressed concerns about crime in Chicago, noting a Citadel employee was stabbed a block from the office while walking to work, that someone tried to carjack Griffin’s vehicle, and that protests have occurred outside of the Chicago headquarters.

And he had nice things to say about Miami, and the comparison, left unsaid, with Chicago...

“I am excited to have recently moved to Miami with my family and look forward to rapidly expanding Citadel in a city so rich in diversity and abounding with energy,” Griffin wrote to employees announcing the planned move in a note seen by Reuters. “Miami is a vibrant, growing metropolis that embodies the American Dream.”

1000 people work at that company. And they are not the only ones leaving.

Caterpillar is leaving the northern suburbs for Irving, Texas, and Boeing is planning to move its headquarters to Arlington, Virginia.

Crime, regulations, and taxes. Lori Lightfoot, AKA Mayor Groot, and Kim Foxx still refuse to admit that their policies are increasing crime.

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