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Ken Griffin Slams Chicago Crime, Says It Drove Citadel’s Move to Miami

At a Nov. 5 Miami forum, the Citadel founder cited safety concerns as central to the relocation.

Overview

  • Griffin labeled Chicago “a failed city-state” during remarks at the America Business Forum in Miami.
  • He said he counted “25 bullet holes” at his former Chicago building and described colleagues’ cars being hit by gunfire.
  • Police data cited in coverage show 24 murders in Miami through Oct. 31 versus 360 in Chicago, with Chicago also recording 5,050 robberies compared with Miami’s 320.
  • Citadel, which manages roughly $65 billion, announced the headquarters move from Chicago to Miami in 2022, and Griffin has repeatedly linked the decision to employee safety concerns.
  • He praised Miami’s focus on education, public safety and community, as reporting highlighted South Florida’s recent gains in population and millionaire residents.