Billionaire Ken Griffin said his hedge fund’s Chicago footprint will shrink to just two floors as crime, taxes, and other challenges push employees to relocate to Miami and New York.

"Chicago, you know, over the last, unfortunately, over the last six or seven years, has been engulfed in a series of problems," Griffin said at the Citadel Securities Future of Global Markets conference in New York on Oct. 6.

The Windy City, which served as Citadel's headquarters for more than 30 years, has seen much of the company’s workforce and operations shift south to Miami in recent years.

Griffin, who is worth $50 billion according to Forbes, relocated his company's global headquarters to Florida in 2022.

"Asking people to leave Chicago for New York or Miami has not been hard. We've gone from pr

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