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Hedging his bets? Illinois’ richest person compares Chicago to Afghanistan, hints of moving firm’s headquarters
Chicago Suntimes ^ | 4 Oct 2021 | Manny Ramos

Posted on 10/05/2021 8:39:37 AM PDT by DUMBGRUNT

Billionaire Ken Griffin, founder and CEO of the hedge fund Citadel, hinted Monday that he might move his company’s headquarters from Chicago, saying the crime makes the city more akin to a war-torn country.

“It’s becoming ever more difficult to have this as our global headquarters, a city which has so much violence,” Griffin said. “I mean Chicago is like Afghanistan, on a good day, and that’s a problem.”

Griffin said he personally saw “25 bullet shots in the glass window of the retail space” in the building he lives in, adding that someone “tried to carjack the security detail” that sits outside his house.

Griffin owns a $59 million Chicago condo, the most expensive in the state, according to Forbes.

The perception of crime has started making it difficult to recruit talent to Citadel’s Chicago campus, he said, and he can’t in good faith tell people the city is a good place to raise a family anymore.

...he was asked if New York City could serve as an “antidote to the dysfunction” of Chicago. “You guys need some new medicine, too, because some of the same problems that we have faced is now unfolding in New York,” Griffin said. “The path New York is on is a scary path.”

(Excerpt) Read more at chicago.suntimes.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: afghanistan; bigbucks; chicago; citadel; crime; illinois; kengriffin
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"I fell into a burning ring of fire I went down, down, down and the flames went higher And it burns, burns, burns, the ring of fire The ring of fire"

Chicago, the seventh circle of hell and going down...

1 posted on 10/05/2021 8:39:37 AM PDT by DUMBGRUNT
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To: DUMBGRUNT
Griffin owns a $59 million Chicago condo, the most expensive in the state, according to Forbes.

Good luck selling that, sucka

2 posted on 10/05/2021 8:42:33 AM PDT by PGR88
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To: DUMBGRUNT

Please, pretty please….DO NOT COME to Georgia.


3 posted on 10/05/2021 8:45:09 AM PDT by qaz123
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To: PGR88

That’s always the first thing I think of with multi-million dollar properties. You just weeded potential buyers down to a very very small group. And if you’re laying down that kind of money, I’d rather buy land where I want it, and have a home designed to my taste, my style, my needs.


4 posted on 10/05/2021 8:48:29 AM PDT by BBQToadRibs2
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To: PGR88

For guys like him, he’ll figure out a way to pull out all the equity, sell it a loss and then write off the loss on his taxes or some other tax voodoo the Uber rich use.


5 posted on 10/05/2021 8:48:35 AM PDT by qaz123
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To: DUMBGRUNT

I always wondered how the people of Chicago coexisted with the problem areas without doing something about it. It’s like they thought if they ignored it then it would go away. Moving from Chicago to NYC is going from the frying pan into the fire.


6 posted on 10/05/2021 8:49:40 AM PDT by McGavin999 (To shut down the border tell the administration the cartel is smuggling Ivermectin )
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To: DUMBGRUNT

When he pulls up stakes and moves Chicago will take a big hit to their tax revenues.

Good.


7 posted on 10/05/2021 8:55:45 AM PDT by MercyFlush (The American Revolution was a violent revolt against a dictatorship. )
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To: PGR88

he’ll sell it.

might only get 590 and a dime bag though.


8 posted on 10/05/2021 8:56:20 AM PDT by cableguymn (We need a redneck in the white house.... But the fact checkers said thein story was false!)
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To: McGavin999

Let me guess, this guy is an anti 2A type.

Given technology today, he could put his HQ anywhere Here is some free advice. Do a diversity study of any area being considered. The lower the diversity, the higher it should be on the selection list.


9 posted on 10/05/2021 8:58:15 AM PDT by Mouton (The enemy of the people is the media )
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To: DUMBGRUNT

We down staters need a succession movement ASAP


10 posted on 10/05/2021 8:59:22 AM PDT by BobinIL
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To: qaz123

I would almost guarantee that the Mayor Miami and other South Florida politicians especially those in the Palm Beach area have this guy on speed dial and are ringing his phone off the hook, I believe Ken Griffin has a huge Oceanfront estate in Palm beach.....


11 posted on 10/05/2021 9:01:16 AM PDT by srmanuel (`)
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To: srmanuel

No doubt.


12 posted on 10/05/2021 9:08:19 AM PDT by qaz123
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To: qaz123

Lol

God love y’all....

Mean ol rich people


13 posted on 10/05/2021 9:14:56 AM PDT by wardaddy (Fear Republic land of grumps and scolds peppered with good folks .....empathy always in short suppl)
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To: MercyFlush

Showing results for Ken Griffin politics
Search Political contributions
Date Amount Associated Party/Candidate
2016-08-09 $2,000,000 Republican (Senate)
2017-08-02 $1,000,000 Republican (House of Representatives)
2018-07-12 $1,500,000 Republican (House of Representatives)
2018-10-16 $250,000 Republican
30 more rows
Kenneth C. Griffin - Wikipedia
https://en.wikipedia.org › wiki › Kenneth_C._Griffin


14 posted on 10/05/2021 9:16:01 AM PDT by Bookshelf
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...

15 posted on 10/05/2021 9:19:49 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Mouton

Wrong....man folks assume a lot on this guy...the fact he’s wiling to attack black crime should tell you something....you could do worse than this guy.
An F load worse actually

Date Recipient
GRIFFIN, KENNETH C
CHICAGO, IL $250,000 10/30/18 Missouri Rising Action
GRIFFIN, KEN
CHICAGO, IL $2,500,000 10/25/18 New Republican PAC
GRIFFIN, KENNETH C
CHICAGO, IL $400,000 10/25/18 Ending Spending Action Fund
GRIFFIN, KENNETH C
CHICAGO, IL $1,000,000 10/23/18 Future45
GRIFFIN, KENNETH C MR
CHICAGO, IL $2,000,000 10/18/18 Congressional Leadership Fund
GRIFFIN, KEN
CHICAGO, IL $2,000,000 10/18/18 DefendArizona
GRIFFIN, KENNETH C
CHICAGO, IL $250,000 10/16/18 American Patriots PAC
GRIFFIN, KEN
CHICAGO, IL $2,500,000 09/19/18 New Republican PAC
GRIFFIN, KENNETH C MR
CHICAGO, IL $1,500,000 07/12/18 Congressional Leadership Fund
GRIFFIN, KEN
CHICAGO, IL $5,000,000 06/08/18 New Republican PAC
GRIFFIN, KENNETH C MR
CHICAGO, IL $1,000,000 08/02/17 Congressional Leadership Fund


16 posted on 10/05/2021 9:20:10 AM PDT by wardaddy (Fear Republic land of grumps and scolds peppered with good folks .....empathy always in short suppl)
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To: Bookshelf

Thanks c16

GMTA


17 posted on 10/05/2021 9:21:04 AM PDT by wardaddy (Fear Republic land of grumps and scolds peppered with good folks .....empathy always in short suppl)
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To: PGR88

He should be able to sell it pretty quickly - for about ten million or so.


18 posted on 10/05/2021 9:24:01 AM PDT by 17th Miss Regt
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To: McGavin999

—”I always wondered how the people of Chicago coexisted with the problem areas without doing something about it.”

IMO, until recently most of the major crime was in low-income areas.
Given the choice, unlikely you would ever drive through them.

Years back I rode in an adventurous carpool, the quickest route to the suburbs was through the deep ghetto.
We only took that route on freezing days with dry streets.
Today I would not go that way in an APC!


19 posted on 10/05/2021 9:25:38 AM PDT by DUMBGRUNT (("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: DUMBGRUNT

$59 million for a condo???
It better be made of gold and have its own harem.


20 posted on 10/05/2021 9:25:47 AM PDT by Extremely Extreme Extremist
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