Hedge fund founder hits back at Mamdani's 'creepy' wealth tax video
Griffin said the video put him in harm’s way and called the tax proposal discriminatory after Mamdani used his penthouse as an example.
- On Tuesday at the Milken Institute Global Conference in Beverly Hills, California, Citadel CEO Ken Griffin called Mayor Zohran Mamdani's tax promotional video "creepy and weird."
- The pied-à-terre tax targets residential properties valued above $5 million where owners maintain primary residences outside New York City, aiming to generate about $500 million annually for the city's budget.
- Griffin warned the video posed security risks, citing the fatal shooting of UnitedHealthcare CEO Brian Thompson blocks from his residence and calling the mayor's actions "frightening."
- Mamdani's press secretary Joe Calvello responded that the mayor wants all New Yorkers to succeed, insisting the current tax system remains "fundamentally broken" and requires meaningful reform.
- Griffin, whose firm paid $2.3 billion in taxes over five years, said he would "double down" on Miami expansion, while plans for a massive Midtown Manhattan redevelopment remain uncertain.
23 Articles
23 Articles
Ken Griffin Slams Mamdani's Tax Video As 'Creepy And Weird,' Says New York 'Doesn't Welcome Success'
Billionaire investor Ken Griffin intensified his criticism of Zohran Mamdani, saying New York is becoming less welcoming to businesses and wealthy investors as tensions grow over the mayor's proposed tax policies. Speaking at the Milken Institute Global Conference on Wednesday, Griffin said Citadel would "double down" on Miami as a growth hub while the firm continues evaluating its long-term expansion plans in New York. The comments follow the N…
Chicago knows what happens when Ken Griffin turns on a city, now Mamdani may find out – FOX News
"For Chicago, the result has been a steady erosion of one of its most prominent corporate anchors — shrinking office space, relocating employees and the departure of a billionaire who once poured hundreds of millions into the city’s institutions and politics. It also meant fewer high-paying finance jobs downtown and the disappearance of a major civic and cultural benefactor."
Billionaire Ken Griffin scales back NYC jobs in response to Mamdani’s ‘tax the rich’ antics — sparking fears wealthy exodus has begun
Hedge fund titan Ken Griffin said his Citadel firm will add more jobs in Miami as a "direct consequence" of being targeted by Mayor Zohran Mamdani in a social media video over his "tax the rich" agenda.
Zohran's Response to Ken Griffin Calling His Targeting Video "Creepy"
The Ugandan mayor of New York City, Zohran Mamdani, recently targeted billionaire Ken Griffin in a video, suggesting he was coming for his money. Ken Griffin responded by saying he would now focus on building in Miami rather than New York City. A reporter asked him about it, and Zohran said he wants everyone to succeed, including Griffin, but insisted that the wealthiest people don’t pay enough in taxes. However, the wealthiest pay most of the t…
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