Ken Griffin

In June, Citadel CEO Ken Griffin announced the hedge fund’s plans to relocate its headquarters from Chicago to Miami, and the billionaire is making his latest move in the development.

First, Boeing announced it was leaving Chicago. Then came Caterpillar. And now, Citadel.

After billionaire Ken Griffin announced his company would be leaving Chicago, Mayor Lori Lightfoot praised his philanthropic efforts while defending the city against criticisms about crime. NBC 5’s Natalie Martinez has more on the decision, and how residents are reacting.

Two grocery stores are joining a number of businesses closing up shop in Chicago due in part to growing crime. The state’s richest billionaire is also doing the same. NBC 5’s Charlie Wojciechowski reports.

Already facing criticism from Republican opponents for businesses leaving Illinois, Gov. J.B. Pritzker is under more scrutiny after billionaire Ken Griffin announced that his investment firm Citadel will move from Chicago.

“Miami is a vibrant, growing metropolis that embodies the American Dream,” Griffin said in a letter to employees, about the decision to move.

A 105,000-square-foot Los Angeles megamansion known as “The One” sold at a bankruptcy auction for $141 million

Billionaire Ken Griffin made his support for a Republican governor official on Monday, contributing $20 million to Aurora Mayor Richard Irvin in his quest to replace Democratic Gov. J.B. Pritzker.

Along with a record-setting price, the property known as “The One,” in the Bel Air section of Los Angeles, comes with a history of drama, lawsuits and debt.

Sales at Christie’s, Sotheby’s and Philips totaled $2.65 billion over the course of the two weeks, according to Pi-eX.