Griffin calls NYC Mayor Mamdani's tax the rich video 'creepy and weird'

Key Points:

• Citadel CEO Ken Griffin criticized New York City Mayor Zohran Mamdani’s "tax the rich" video targeting him as a "creepy and weird" political ad, reaffirming his decision to expand business operations in Miami due to what he perceives as New York's hostility toward success.
• Mamdani’s video highlighted Griffin’s $238 million penthouse, announcing a new pied-à-terre tax on luxury properties worth over $5 million that are not occupied full-time, part of Mamdani’s pledge to raise taxes on wealthy New Yorkers.
• Following the video, Citadel COO Gerald Beeson indicated that the firm's $6 billion redevelopment project at 350 Park Avenue in New York, which would create thousands of jobs, might be reconsidered, with Griffin stating the project’s future is still under discussion.
• Griffin praised Florida’s pro-business policies and revealed plans to expand Citadel’s Miami headquarters, citing his previous relocations of Citadel and Citadel Securities from Chicago to Miami due to unfavorable business climates in other cities.
• Griffin condemned the personal nature of Mamdani’s attack, linking it to a broader trend of demonizing business leaders, and expressed concern over escalating political tensions, referencing recent violent incidents involving prominent figures.