The Latest Breaking News from Ken Griffin

Ken Griffin said he was “all in” to beat Gov. J.B. Pritzker, but after Griffin’s chosen candidate Richard Irvin lost the GOP primary, the hedge-fund billionaire is out. And Republican nominee Darren Bailey is struggling to win over others who supported his vanquished rival, WBEZ and the Chicago…

Ald. Matt Martin’s proposal calls for providing a 6-to-1 public match — up to $3.6 million for mayoral candidates, $180,000 for candidates for city clerk and city treasurer and $150,000 for City Council candidates.

After a frenzied auction, a rare first printing of the US constitution was lent to a museum in Arkansas where it’s led to an exhibition on democracy

Ken Griffin has one of the richest men in the world

Ken Griffin has an estimated net worth of £21bn

In light of employers moving in and out of Chicago, Harry Kraemer Jr. weighs in on what’s important to corporate leaders and how the city’s boosters can appeal to them.

Richard Uihlein, another billionaire GOP megadonor, saw much better returns for his buy-in to state Sen. Darren Bailey’s winning campaign, at a rate of about $38 per vote.

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

It’s unclear if Griffin will continue his heavy spending in Illinois politics after he and his Citadel hedge fund have packed up and left for Miami. But what was obvious was that his latest big bet on elections in this state was a big failure, up and down the ballot.

With Darren Bailey’s nomination as the Republican candidate for governor to challenge Democratic Gov. J.B. Pritzker, Illinois voters will have a choice for state chief executive this fall between candidates representing the opposites of a chasmic political ideological divide.

Citadel Securities founder Ken Griffin's $50 million bet on a candidate in the Republican gubernatorial primary in Illinois has not paid off.