BILLIONAIRE EXODUS

May 07 2026FINANCE

How Tax Battles Push Billionaires Out of Big Cities

Billionaire Ken Griffin has sent a clear warning to cities that push high earners too hard: they might not like where their policies lead. After dismantling his Chicago operation in 2022, he’s now in a direct clash with New York’s Mayor Zohran Mamdani over taxes aimed at the ultra-rich. Griffin’s mo

reading time less than a minute