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Ken Griffin Moving Citadel Headquarters to Miami
Ken Griffin, who heads Citadel, the Chicago-based hedge fund, told employees in a note Thursday he has moved his family to Miami and that the corporate headquarters of Citadel and its related securities unit will follow. The move has been rumored for weeks and comes after Griffin has frequently voiced complaints about Chicago’s crime and Illinois’ high taxes, Crain’s Chicago Business reported.
“Miami is a vibrant, growing metropolis that embodies the American dream—embracing the possibilities of what can be achieved,” Griffin’s note says. “I am excited to have recently moved to Miami with my family and look forward to rapidly expanding Citadel in a city still rich in diversity and abounding with energy.”
Known as Illinois’ richest man, Griffin added that although Chicago will remain important to Citadel, “many of our Chicago teams have asked to relocate to Miami, New York and our other offices around the world.”
- ◦Lease
