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E. Jason Wambsgans/Chicago Tribune/Tribune News Service via Getty Images Lori Lightfoot and J.B. Pritzker created a very expensive enemy.
CEO Ken Griffin, the former richest man in Illinois and current chief executive of hedge fund Citadel, has contributed more than $100 million to Republican midterm candidates after moving his business and much of his personal estate from Chicago to Miami .
The financier has donated over $48 million to Republicans running in federal races, including $18.5 million in contributions to the Congressional Leadership Fund, a Republican Super PAC, according to data from Open Secrets. Griffin also devoted $50 million toward the unsuccessful Illinois gubernatorial campaign of Richard Irvin, who was defeated in the state’s Republican primary.
At the federal level, progressive billionaire George Soros has contributed more than any other donor. Griffin’s $48 million in contributions was also slightly surpassed by fellow Republican donor Richard Uihlein, a supply chain magnate.
Griffin boasts a net worth of $29 billion, placing him among the 50 richest men on the planet, according to data from the Bloomberg Billionaires Index. He began purchasing property in the Sunshine State earlier this year after voicing concerns about the lackluster business climate and rising violent crime in Chicago. He subsequently announced that Citadel, which manages $57 billion in assets, would likewise relocate to Florida.
During a recent interview , Griffin indicated that a breaking point was the violent assault of two separate colleagues in the Windy City. The former was robbed after a person put “a gun to his head” during a coffee run, and another was attacked by “some random lunatic just trying to punch him in the head” while he was waiting for a car.
Griffin has since set his gaze on transforming Miami into “Wall Street South,” personally inviting other businessmen to pour their resources into Florida as officials […]
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