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Ken Griffin blasts NYC mayor's tax video, plans Miami expansion

Billionaire Ken Griffin expressed shock and alarm after New York City Mayor Zohran Mamdani posted a social media video from outside Griffin's penthouse to promote a new pied-à-terre tax. Griffin stated the video put him in harm's way, referencing a recent CEO assassination, and was in poor taste. In response to the tax proposal and the video, Griffin announced that his company, Citadel, has filed permits to significantly expand its Miami headquarters, indicating a move of jobs and investment away from New York. AI

RANK_REASON This article discusses a public figure's reaction to a political action and its business consequences, rather than a core AI development.

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Ken Griffin blasts NYC mayor's tax video, plans Miami expansion

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This article discusses a public figure's reaction to a political action and its business consequences, rather than a core AI development.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Nick Lichtenberg ·

    Ken Griffin says Zohran Mamdani video shocked him: ‘It took a moment to digest what I was watching’

    Citadel's CEO says the mayor's stunt put him "in harm's way" — and Mamdani making him a "political puppet" was just "in poor taste, really poor taste."