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Ken Griffin's Citadel Move Is 'Punch in the Gut' for Chicago

  • Griffin moving Citadel’s headquarters to Miami is latest hit
  • Firm follows Boeing, Caterpillar home base leaving region
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Ken Griffin's Citadel Moving Headquarters to Miami
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Chicago has suffered a series of corporate departures recently, but Ken Griffin leaving the city might sting the most. 

The hedge fund billionaire said Thursday that he’s moving the home base of Citadel, the financial behemoth he founded in Chicago more than three decades ago, to Miami. Griffin hinted for months that he might make the move, citing the crime rate and political frustrations with leadership in Illinois.