00:00Billionaire Ken Griffin wants to turn Miami into America's next business capital.
00:05Ken Griffin is worth roughly $50 billion, and he is the CEO of both the biggest market maker in
00:11America and one of the largest hedge funds in the world. He's also one of the largest
00:16contributors to Republican politicians in America. In February, I went to Ken Griffin's office
00:22overlooking the Biscayne Bay in downtown Miami in the Brickell area and spent over an hour with him.
00:27What really impressed me about him is he's an outspoken advocate of the free market,
00:32which contradicts a lot of the Trump policies, although many of them he likes. But he's anti-tariff,
00:37he's very worried about the growth of the debt and the deficits, and he's very pro-immigration.
00:43In 2022, Ken Griffin made one of the most astounding corporate relocations in recent history when he
00:50moved Citadel's headquarters from Chicago, where he'd been based for about 35 years, to Miami.
00:55He's a huge promoter of Miami, and he's given about $350 million to charities in Miami.
01:02For Griffin, the reason he went to Miami is not primarily taxes. It's the pro-business attitude
01:08of the politicians, whether they happen to be Republicans or whether they happen to be Democrats.
01:13Griffin's move to Florida in 2022 has led a lot of companies to come behind him coming to Miami,
01:19whether it's Apollo, whether it's the expansion of McKinsey, whether it's Palantir. Lots of law firms
01:26have come in. And so the move of businesses and wealthy people to Miami keeps accelerating.
Comments