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The Latest Breaking News from Ken Griffin

After months of a public back and forth over Mamdani’s pied-à-terre tax, Ken Griffin isn’t ready to give up on New York after all

The Citadel CEO is staying put, and both his hedge fund and market maker will remain anchor tenants in a new $4.5 billion skyscraper.

Fortune

'Socialism is a disaster': Bill Ackman says Zohran Mamdani's bad left-wing housing policy is worsening New York's affordability crisis

"Left-wing mayors have made it very difficult for developers to build here," Ackman told Fortune. He highlighted Ken Griffin as a key example.

Fortune

From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer

Ken Griffin helps fund Pochettino through 2030, KKR backs MLS's development league, and the new MLS commissioner is an Apollo veteran.

Fortune

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Don't Hate the Dodgers for Dominating So Much, Hate the Bankruptcy Court That Helped Them Do It

Plus: FIFA’s president doesn’t understand his own organization's politics; a solid new pickleball movie

Reason

‘Ken Griffin isn’t a villain’: Why Jeff Bezos is defending the billionaire Citadel CEO who owns America’s most expensive apartment amid Zohran Mamdani’s $5 million NYC tax plan

Amazon founder Jeff Bezos has defended billionaire Citadel CEO Ken Griffin, saying “Ken Griffin isn’t a villain”. The development came as the Blue Origin founder offered his opinion on NYC Mayor Zohran Mamdani’s proposed $5 million pied-à-terre tax. Bezos warned New York against excessive taxation and a “villain strategy” targeting…

The Economic Times

Billionaire Ken Griffin Just Saved Situational Awareness, But Here’s What a Rescue Call From Citadel Really Sounds Like — ‘I… Heard the Grim Reaper’s Scythe’

Getting rescued by Griffin comes with a steep cost, according to hedge fund manager Cliff Asness.

Barchart

Mauricio Pochettino’s US return is risky, expensive and probably unnecessary

In giving the head coach another World Cup cycle, US Soccer is tempting fate for negligible benefit

The Guardian - US

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Mamdani's Tax Database Doxed Wealthy New Yorkers

The New York City mayor painted a target on wealthy taxpayers.

Reason

With Situational Awareness AI deal, Citadel's Griffin rides to the rescue again

Citadel's founder this week reprised his role as one of Wall Street's rescue buyers, stepping in to salvage California hedge fund Situational Awareness as it buckled under souring bets on artificial intelligence stocks.

The Economic Times

A Situational Awareness Selloff, a Fed Inflation Blunder and Everything Else Moving Stocks, Bonds, and the U.S. Dollar Now

Let’s break down this week’s events in the stock, bond, and currency markets, and I’ll include my bias on price direction for each in the coming weeks.

Barchart

Mamdani's pied-à-terre ‘hit list’ is as unsexy as it sounds

The supposed socialist takeover of New York City is similar in scope to Andrew Cuomo's tax policy — and not unlike a law on the books in Singapore.

Fortune

Mamdani's Searchable Property Database Criticised Over Fears That It Could Put Wealthy Homeowners at Risk

Critics say Mayor Zohran Mamdani's searchable property database could expose wealthy New York homeowners to harassment and security risks.

International Business Times UK

Bruce Blakeman Says Hochul, Mamdani Tax Policies Could Force Families To Sell Homes, Businesses: ‘That’s Just Wrong’

Nassau County Executive Bruce Blakeman, the Republican challenging New York Gov. Kathy Hochul (D-N.Y.) in the gubernatorial race, aimed at Hochul and New York City Mayor Zohran Kwame Mamdani on Sunday, arguing their tax policies could make it harder for New Yorkers to pass family wealth to future generations.

Benzinga

Larry Page and Sergey Brin splash $225 million in Miami property as billionaires flee California's tax—and Google is expanding its office there too

Larry Page and Sergey Brin now own around $225 million in Miami real estate, and other billionaires are bringing their companies to the coastal region.

Fortune

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Fortune

Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say

Real estate experts tell Fortune those making a middle-class salary are better off renting than buying with fewer affordable homes in the Miami market.

Fortune

So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.

The Times of India

Billionaire Ken Griffin's $250 million superyacht wouldn't fit at his mansion, so he built a 3.7-acre private marina in Miami. Now he wants a private helipad and fly in to avoid rush-hour traffic

Billionaire Ken Griffin is advocating for amendments to Miami Beach's zoning laws to permit a private helipad, enhancing his luxurious portfolio that already includes a private marina and superyacht facility. The proposed helipad, situated on industrially designated land, is strategically distanced from residential neighborhoods. This request exclusively pertains to Terminal…

Fortune

Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet

Not only are they expanding their footprint, they’re also doubling headcount. Anthropic said it plans to have more than 1,000 employees by end of year.

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Benzinga

Ken Griffin Tells Bernie Sanders and NYC Mayor Zohran Mamdani to 'Read a Damn History Book' While Warning Wall Street Is Leaving New York

Citadel LLC founder and CEO Ken Griffin took aim at Sen. Bernie Sanders (I-Vt.) and New York City Mayor Zohran Mamdani, urging the self-described socialist politicians to “read a damn history book” while arguing that high taxes and poor public services are pushing Wall Street firms out of New York,…

Benzinga

GOP Megadonor Ken Griffin Signals 2028 Presidential Favorite— and it's Not JD Vance

Top GOP financier Ken Griffin has reportedly expressed his support for Secretary of State Marco Rubio over Vice President JD Vance for the potential 2028 GOP presidential primary.

Fortune

Ken Griffin says everyone is misinterpreting the AI revolution — and wishes Zohran and Bernie would 'read a damn history book for once'

"We intend to be here for decades," Griffin told Goldman Sachs of his relationship with the mayor. "And he will be here for a few years."

Fortune

Billionaire soccer fan Ken Griffin helped engineer Team USA's best World Cup run in 24 years. Now, he looks 'forward to building on that momentum'

Griffin contributed the largest financial gift to the U.S. men's national team nearly two years ago to secure Mauricio Pochettino as their head coach.

International Business Times UK

Quick Facts About the $238M NYC Penthouse at the Heart of America's 'Tax the Rich' Debate

New York City's new pied-à-terre tax impacts luxury real estate, targeting Ken Griffin's $238M penthouse. Discover who bears the cost and the tax's implications for property owners.

Fortune

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.

The Guardian - UK

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

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