Billionaire Ken Griffin moving hedge fund Citadel to Miami

Billionaire Ken Griffin moving hedge fund Citadel to Miami

  • Andy Koval
  • 06/23/22

CHICAGO — The state’s richest person is moving his hedge fund Citadel to Miami.

Ken Griffin, who is worth around $25 billion, announced Thursday that both the hedge fund and market making business, Citadel Securities are moving.

The moves are expected to take multiple years as Griffin plans to set up Miami as the firm’s global headquarters. Developer Sterling Bay confirmed to WGN News that they are leading the development of the new office.

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