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In this HotAir article, Beege Welborn celebrates Citadel CEO Ken Griffin confirming that his firm is “doubling down” on Miami after clashing with New York City’s left-wing mayor.
- Griffin said New York’s mayor made clear to his partners that Citadel should deepen its bet on Miami.
- The controversy follows a mayoral “tax the rich” video that singled out Griffin’s New York home.
- Griffin called the stunt “creepy and weird” and said New York no longer seems to welcome success.
- The article argues that hostile anti-capitalist politics are pushing major wealth and jobs out of blue cities.
- Citadel’s larger Miami office plans are framed as a win for Florida and a major loss for New York.
- Welborn notes that high-income employees leaving New York would hurt tax revenue, restaurants, small businesses, and philanthropy.
- Real estate executive Steve Roth also criticized the mayor’s video as irresponsible and dangerous.
- Griffin joked that he would buy every New York ninth grader a copy of Animal Farm.
- The article portrays the situation as another example of progressive governance driving productive people and businesses away.
Read the full story: https://hotair.com/tree-hugging-sister/2026/05/05/youre-bailing-ken-griffen-confirms-miami-nice-n3814631
