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Citadel’s Ken Griffin Commits to Chicago

Hedge fund billionaire Ken Griffin has considered moving the headquarters of Citadel and Citadel Securities to New York, and recently went as far as buying a $238-million condominium there. Yet, he told Bloomberg TV, he plans to stay in Chicago.

Griffin told Bloomberg TV that he would remain in Chicago despite several “incidents of gang battles with guns” near his children’s school on the city’s South Side. When his 8-year-old daughter asked him why they don’t just leave, he said he told her: “Because we’re going to stand and fight. We’re going to fight for the policies and changes that make this state better.”

During the interview, Griffin said fixing a broken education system was the key to addressing the situation in Chicago, along with economic inequality in the U.S. He said the political system has to do more to ensure that the education system is aligned with students’ needs.

Pictured: Citadel Center

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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