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The Latest Breaking News from Ken Griffin

Why Zohran Mamdani's big night as the Democratic party's new kingmaker matters for every Fortune 500 CEO in every city and state

New York City Mayor Zohran Mamdani went three for three in Tuesday's primary elections. What happens next could be a sign for corporate America.

Fortune

Mamdani’s pied-à-terre tax isn’t far off Labour’s housing policy. Not that you’ll ever hear Starmer say it

The UK has its own progressive second home and ‘mansion’ taxes. So why isn’t the PM shouting it from the rooftops, asks Anna Minton, a reader in architecture at the University of East London

The Guardian - UK

Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it's been winning ever since

I've spent spent 26 years building Fort Lauderdale's future and we don't need a billionaire champion — we already had one.

Fortune

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'If you do it badly...': JPMorgan CEO Jamie Dimon confronts Zohran Mamdani during closed-door meeting

JPMorgan Chase CEO Jamie Dimon has opened up about his recent private meeting with New York City mayor Zohran Mamdani, saying he warned the socialist about the risks of poor governance and ideology-driven policymaking.

The Times of India

Jamie Dimon tells Gen Z to 'learn how to think, learn how to earn respect' as he describes 'great meeting' with Zohran Mamdani

In a Fox Business apearance, the JPMorgan CEO offered graduating students a frank roadmap for success and gave the NYC mayor a polite but pointed warning.

Fortune

"Sit down and fix policy...": JPMorgan Chase CEO Jamie Dimon reveals his warning to NYC Mayor Zohran Mamdani

JPMorgan CEO Jamie Dimon shared insights from his meeting with NYC Mayor Zohran Mamdani, describing it as pleasant yet direct. Dimon urged against raising taxes and increasing spending, advocating for policy fixes instead. He also raised concerns about Mamdani's administrative experience and the potential for ideology to hinder practical governance,…

The Economic Times

'Taxing the Rich Won't Help': Jeff Bezos Defends the Ultra-Wealthy Amid Tax Debate — Zohran Mamdani Hits Back

Jeff Bezos told CNBC that the bottom half of US earners should pay zero income tax and dismissed wealth taxes. NYC Mayor Zohran Mamdani fired back.

International Business Times UK

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Jeff Bezos on Zohran Mamdani's big mistake: 'When you don't know how to solve a problem, create a villain, blame them'

The Amazon founder defended fellow billionaire Ken Griffin while endorsing New York's pied-à-terre tax in the same breath. "Ken Griffin isn't a villain."

Fortune

'Vaffanculo! Go F--- Yourself': Giant Middle Finger Statue Targets NYC Mayor Mamdani at City Hall

A giant middle-finger sculpture by artist Scott LoBaido appeared outside New York City Hall, criticising Mayor Zohran Mamdani's progressive policies and sparking a heated political debate.

International Business Times UK

Billionaire Ken Griffin used to dismiss AI as 'garbage.' Here's why he changed his mind—and why he's 'depressed'

"You could just see how this was going to have such a dramatic impact on society."

Fortune

Citadel Advisors Cut Stakes in Nvidia, Microsoft and Amazon Despite AI Rally — But Held Onto Tesla and Meta

US hedge funds, including Citadel Advisors, adjusted their portfolios in Q1 amid market volatility, selling stakes in major tech stocks.

International Business Times UK

Mamdani's New York is coming to tax your private jet. Here's how to prepare

Here's how Mayor Mamdani's tax agenda could reach the Teterboro ramp — and which airports, ownership structures, and strategies offer the most protection.

Fortune

These Politicians Want To Tax the Rich. But Why Do They Seem To Despise Them?

Are Jeff Bezos and other billionaires really evil just because they're wealthy?

Reason

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

The parents of billionaire Amazon founder Jeff Bezos have deep ties to Robin Hood, one of Wall Street’s favorite local charities.

Fortune

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The Guardian - UK

Pity the poor billionaires – demands for higher taxes must feel hurtful

No wonder they are upset by the slogan ‘tax the rich’. Despite their wealth increasing 81% since 2020, they need our emotional support now more than ever, writes Arwa Mahdawi

The Independent UK

New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy

New York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran Mamdani and his progressive base as he moves to fund his ambitious agenda on the backs of the rich

The Mary Sue

NYC billionaire Steve Roth compares ‘tax the rich’ to racial slurs, says the 1% deserve a medal not a bill

NYC billionaire Steve Roth just compared the phrase “tax the rich” to racial slurs, arguing the ultra-wealthy deserve medals instead of tax bills. During Vornado Realty Trust’s latest earnings call, Roth didn’t hold back, calling the slogan “just as hateful as some disgusting racial slurs” and even lumping it in…

Fortune

Vornado CEO Steven Roth 'shocked that our young mayor would pull this stunt' and says Zohran Mamdani should know better than target Ken Griffin

Vornado and Ken Griffin's Citadel are expected to build a $6 billion tower in New York, but Citadel's COO and Roth referenced it may not go through.

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The Guardian - US

New York real estate titan likens the phrase ‘tax the rich’ to racial slurs

Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5m

Fortune

Ken Griffin says Zohran Mamdani video shocked him: 'It took a moment to digest what I was watching'

Citadel's CEO says the mayor's stunt put him "in harm's way" — and Mamdani making him a "political puppet" was just "in poor taste, really poor taste."

Fortune

Former Miami Mayor Francis Suarez: Why I'm joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders

The man behind Miami's viral "How can I help?" explains why he signed on as Senior Advisor to the Gold Coast's most ambitious recruitment campaign yet.

Reason

Even Laws That Haven't Passed Can Have Unintended Consequences

Mere proposals can change the risk calculus for business and investors. Politicians, and the public, should be wary.

Fortune

Days after trolling billionaire Ken Griffin, Mamdani suggests King Charles should return a crown jewel to India

It's unclear if Mamdani told King Charles to his face to return the Koh-i-Noor diamond, a crown jewel since the mid-19th century.

International Business Times

Citadel CEO Ken Griffin Blasts Mamdani's Tax Video as 'Personal Attack'

Citadel CEO Ken Griffin criticizes NYC Mayor Zohran Mamdani's viral tax video as a personal attack, raising concerns over business climate.

Reason

Shots Fired

Plus: White House Correspondents' Association attacker was angry about strikes on Venezuelan boats and Iranian schools, another airline bailout could be coming, and more...

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