Griffin Says NYC's Mamdani Doesn't Welcome Success

Watch on YouTube ↗  |  May 05, 2026 at 19:42  |  0:52  |  Bloomberg Markets
Speakers
Ken Griffin — CEO, Citadel

Summary

Ken Griffin criticizes political polarization and wealth tax proposals, arguing they drive business leaders out of high-tax states like California and New York to lower-tax states like Texas and Florida. He highlights the migration of successful individuals as a consequence of anti-business policies.

  • Griffin discusses political polarization and gerrymandering as harmful trends.
  • He criticizes proposed wealth taxes on billionaires in California and New York.
  • He notes a mass exodus of business leadership from California to Texas and Florida.
  • Griffin says New York's mayor makes it clear that the city does not welcome success.
  • The comments focus on the impact of tax policy on business migration.
  • No specific investment vehicles or securities are discussed.
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