Ken Griffin says Citadel will take down Miami again amid NYC's mayoral debate
New York City Mayor Zohran Mamdani highlighted Citadel CEO Ken Griffin's Manhattan penthouse in a viral video announcing the new pied-à-terre tax. (Credit: NORGES BANK INVESTMENT MANAGEMENT)
Billionaire and Citadel CEO Ken Griffin reiterated his company's intentions to “double down” by moving to Miami after his feud with New York City Mayor Zohran Mamdani.
“When we left Chicago, there was a debate between New York and Miami,” Griffin said at the 2026 Milken Institute conference on Tuesday. “It is undoubtedly true that we made the right choice. I will leave it at that.”
Griffin was responding to Mamdani's Tax Day video, highlighting Griffin's Manhattan penthouse while announcing the new pied-à-terre tax.
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Citadel CEO Ken Griffin supported many business partners who moved to Miami from New York City. (Kayla Bartkowski/Getty Images/Getty Images)
He called the video “surprising and strange” and urged his New York business colleagues to continue investing in liberal cities like Miami.
“Now what the mayor of New York has made clear to our partners, and especially to our New York partners, is that we need to double our bet in Miami because we want to be in a state that welcomes business, welcomes education, welcomes personal freedom and liberty,” he said. “And that includes people having the opportunity to live the American dream, the dream of earned success, not the dream of distributing handouts that leave people dependent on the government for their lives and livelihoods in a way that removes their dignity and dignity.”
“We have seen a great migration of business leadership from California to Texas and Florida. Mamdani makes it very clear. New York does not accept success,” added Griffin.
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On April 15th (Tax Day), NYC Mayor Zohran Mamdani posted a video outside Ken Griffin's Manhattan apartment promoting a new “tax-the-rich” policy. (Spencer Platt/Aaron Schwartz/Bloomberg/Getty Images/Getty Images)
A statement sent by Fox News Digital reads, “Mayor Mamdani wants all New Yorkers to succeed. That includes business owners and entrepreneurs who create good-paying jobs and make this city America's economic engine. That includes Ken Griffin, who is the largest employer in our City and a powerful figure in our economy.”
The statement continued, “That is not true, however, that our tax system is fundamentally broken. It rewards the extreme wealth while working people are pushed to the margins. The status quo is unsustainable and unfair. If we want this city to be a place that working people can afford, we need meaningful tax reform that includes the wealthiest New Yorkers paying their fair share.”
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Besides naming Griffin in his video, Mamdani personally thanked Griffin for his contribution to the New York Police Department last week.
The Mayor of New York City, Zohran Mamdani, has criticized billionaires, including Ken Griffin, whom he recently thanked for supporting the police. (Photos by Spencer Platt/Getty/Getty Images)
“I would like to thank everyone who is here with us at the Hall of Heroes today, especially the Commissioner of Police [Jessica] Tisch and the leadership of the NYPD,” said Mamdani at One Police Plaza, speaking in front of the department and the families of the slain officers.
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“I also want to thank Ken Griffin for funding the memorial wall that will be unveiled later this year,” he added.
