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Citadel Says It Will Move Offices to Miami Because of Crime in Chicago

“In Chicago alone, Ken has donated more than $ 600 million to education, culture, health care, and citizenship,” said Ahmed, a Citadel spokesman.

By March, Mr. Griffin had donated approximately $ 21.5 million to a group supporting the election of Republican candidates across the country during the 2022 election cycle. According to the open secret.. He is said to be one of the biggest supporters of Republican Governor Ron DeSantis. Open secret.

Griffin founded Citadel in Chicago in 1990 and in 2002 with his partner Citadel Securities. Together, the two companies employ more than 1,000 people in Illinois. Globally, they employ 4,000 professionals in 17 offices.

Citadel told employees that the company’s new headquarters is in Brickell, Miami’s financial district, and the move is expected to take several years. Some employees of Citadel Securities have already started working in temporary offices in the city, and Citadel employees will soon follow up.

Griffin, born in Daytona Beach, Florida and raised in Boca Raton, Florida, will also move to Miami.

In a memo to his employees, he remembered the welcome he received in Chicago when he started the company. “Incredible public pride and involvement when we arrived over 30 years ago, and support from business and political leaders who wanted us to succeed and become part of the structure of the Chicago community. I still remember, “he wrote.

The announcement was celebrated by Miami Mayor Francis Suarez, who offered Griffin a “warm welcome to Miami.” Suarez has been in court for large corporations since the November 2017 elections, and many have taken advantage of the lack of income taxes in Florida’s states and provinces. Among the relocations of his office are hedge funds Elliott Management and private equity firms. Black stone.

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