Do you think Lori Lightfoot is kicking herself all over the crime-soaked streets of Chicago right now? She’s lost so much business because she can’t manage the crime in her city. The outrageous crime levels have been spiking for years, and Lori seems too busy pushing her LGTBQ agenda to notice. Well, she’s probably going to notice this story, and I have a feeling a lot of folks in Chicago are going to be furious because I imagine their city would’ve loved having $1 billion pumped into it, instead of losing yet another huge company… but that money is now being pumped into the prosperous Red State of Florida.
Daily Wire reported that the former richest man in Illinois and current Citadel CEO Ken Griffin, who recently moved his company to Florida, has already poured billions of dollars into the Sunshine State.
Griffin — whose $29 billion net worth places him among the 50 richest men on the planet, according to the Bloomberg Billionaires Index — moved to Miami after voicing concerns about the lackluster business environment and rising crime rates in Chicago. He announced earlier this summer that Citadel, which manages $51 billion in assets, would likewise relocate to Florida.
Griffin has already spent $175 million on five acres of property in southern Florida, on which he plans to tear down the existing house and build a new one, according to a report from CNBC. He has also spent $450 million on land for a new estate north of Palm Beach — a property larger than Mar-a-Lago, the home of former President Donald Trump.
Meanwhile, Citadel has spent more than $600 million on an empty lot that will house its new headquarters, as well as a temporary office building, an apartment building, and more than 100,000 square feet of office leases from which employees will work until the new headquarters is completed.
The real estate spending spree of more than $1 billion occurs as Griffin sells his two penthouses in Chicago. Griffin was also heavily involved in contributing to Chicago nonprofits, giving more than $600 million over the course of two decades to organizations such as Northwestern Medicine and the Art Institute of Chicago, according to Bloomberg. Meanwhile, Citadel has a lease on Park Avenue in New York City, and Griffin retains a $240 million home near Central Park, which constitutes the most expensive house in America.
Griffin slammed rising crime rates in Chicago in recent comments made to The Wall Street Journal. Under the leadership of Mayor Lori Lightfoot (D), the city recorded 797 homicides in 2021 — the highest of any American city.
“If people aren’t safe here, they’re not going to live here,” Griffin told the outlet. “I’ve had multiple colleagues mugged at gunpoint. I’ve had a colleague stabbed on the way to work. Countless issues of burglary. I mean, that’s a really difficult backdrop with which to draw talent to your city from.”
I hear a lot of people talking about how Lori is in trouble in Chicago, and she may lose her election. I kinda shrug that off, because I have no faith in these liberal cities, they either keep reelecting failures, like in New York, or they replace one bad mayor with an even worse one. It’s as if they’re afraid to admit they were wrong and vote for change.
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