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View of the site where Citadel will build a new tower on 1201 Brickell Bay Drive in Miami. 

View of the site where Citadel will build a new tower on 1201 Brickell Bay Drive in Miami. 

Photographer: Saul Martinez/Bloomberg
Wealth
The Big Take

Citadel’s Griffin Brings Billions to Miami With Political Winds at His Back

The Citadel founder worth $29.6 billion has ditched Chicago for Wall Street South. Not everyone in Miami is so welcoming.

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In a few years and change, if everything goes to plan, Miami will look far different than it does today.

There will still be nightclubs, Little Havana, perhaps even the crypto diehards. But alongside them: programmers and portfolio managers filling the streets of Brickell and driving breathtaking profits inside the state-of-the-art, built-from-scratch global headquarters of Citadel and Citadel Securities. Plus legions of lawyers, accountants and hedge-fund hopefuls following the money to an enduring Wall Street South that outlives the Covid-19 pandemic.