Forbes published its annual billionaires list Tuesday and for the first time in years, hedge fund manager Ken Griffin is not the richest person in Illinois.
That’s because Griffin, 54, is now the richest person in Florida after moving his investment firm Citadel from Chicago to Miami last year. Griffin ranks 35th among the world’s 2,640 billionaires with a net worth of $35 billion, according to Forbes.
While Griffin’s fortune increased by nearly $8 billion, it has been a tough year for billionaires overall. A falling stock market and rising interest rates left more than half of the world’s wealthiest worth less than in 2022, with a few notables falling off the billionaires list completely.
