Posted on 06/23/2022 2:34:49 PM PDT by Boomer
Chicago’s wealthiest man is saying farewell to the Democrat-governed state of Illinois.
Hedge fund billionaire Ken Griffin is moving his company to the state of Florida.
Griffin, whose net worth is almost $29 billion, announced that he had personally moved his residence from Illinois to the Republican-governed sunshine state in a Thursday letter to his employees.
Griffin said that Florida would become the new primary home of his company, Citadel Securities. The investor touted Florida’s business environment.
(Excerpt) Read more at westernjournal.com ...
Gee....IL or FL. Such a hard decision. Not really.
The best way to stand up, is to walk out.
Let them all melt in their own union driven potholes.
I’m surprised it took him this long. If I could move my real estate holdings out of Illinois I’d do it in a minute.
remember when Cuomo wanted all the conservative left to leave NY state? Leave these cities and states to lie in the bed they made.
We don’t need this voting base moving to Florida, do we ?
Come.....Don’t Illinois my Florida is all I have to say.
Um, it’s not up to you.
I hear what you’re saying. IIRC, a number of these hedge funds are run not by the old school capitalists of the past but by people who have a liberal agenda.
And there’s nothing worse than a multi-millionaire or billionaire with a liberal agenda (ex: Buffett, Gates, Steyer, etc).
I’m from Michigan and I’m looking real hard at Tennessee.
CC
“We don’t need this voting base moving to Florida, do we ?”
I don’t know anything about Griffin, but he was backing a Republican candidate for Governor, who will apparently be defeated in the primary by a more conservative R:
Ken Griffin Gives $25 Million to Illinois GOP Governor Candidate
Griffin has said he’s ‘all in’ to unseat incumbent Pritzker
Battle of billionaires playing out in gubernatorial election
4 more years...
desantis for florida governor 2022...
florida first!... 😎
My son and his family, although not million/billionaires, finally had enough of Seattle. They sold their high-end house for more than the asking price in less than 24 hours, packed up and moved to Katy, TX in less than a month.
They bought a nicer home for less money and in a nicer area, etc. He told me that he’s relieved to know that he can legally own his own firearms again.
When they left, he took his $300,000+/year small business with him. They’re devout, conservative Christians that finally had enough of Inslee’s woke/liberal/communist BS.
They left NOTHING of value behind there.
Washington’s loss is Texas’ gain in their case.
Tennessee, Texas, or Florida...
I chose Texas, just like the executives of Caterpillar moving their world headquarters.
It will be interesting to see the yearly totals of those who move out of the blue state and cities.
Illinois is going to be in an even bigger financial, tax and criminal world of hurt soon.
Illinois, in addition to state income tax, has an ESTATE TAX that is graduated and goes up to 16%. Almost all his Illinois estate tax (starting at $10.04 million) would be at that 16% rate.
Florida has neither an estate nor an inheritance tax. Of course it also has no state income tax.
This is a “What took you so long to do this?” moment!
I wonder how many people look at that picture and wonder what it means. I, for one, know exactly what it means. Nicely done.
I have his rookie card.
Thank you.
I figured there had to be at least one...
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