Florida’s Wealth Boom Yields a Windfall for the State’s Charities – Bloomberg/MSN

Ground Breaking Ceremony For The Final Phase Of The Underline Project Ken Griffin is no stranger to giving out big gifts in the big cities where he lives and does business. In Chicago, the financial magnate donated $125 million in 2019 to help modernize the Museum of Science and Industry. Now the billionaire founder of the Citadel financial empire is using his fortune to make a mark in Florida, where he moved from Chicago in 2022. His gifts are the highest-profile example of how recently transplanted financial professionals are forging a new era of philanthropy across the Sunshine State. From Tampa to Miami and Sarasota to Boca Raton, affluent young people and families rooted in Wall Street careers have helped drive a boom in giving.
3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Truth in Cook County
4 months ago

Ken Griffin and a fair chunk of his firm left because the city, states attorney, cook county circuit court system and the state backed off on enforcing criminal law, and apparently intentionally let crime get out of control. He warned the city and county. He made huge donations to charities and our cultural scene (hospitals and museums) while he was here. The D’s from Pritzker on down said don’t let the door hit you in the a** on the way out, and that it was no big deal. Chicago’s loss. I saw that Pritzker only recently admitted he was sad… Read more »

FJB
4 months ago

He’s setting a really good example for Jumbo Belly to follow in Chicago.

Freddy
4 months ago

Ken Griffin/David Geffen also donated $400M to Sloan Kettering cancer center.
https://www.mskcc.org/news-releases/mskcc-announces-landmark-400-million-gift-from-kenneth-griffin-and-david-geffen

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Chicago Teachers Union contract demands are totally divorced from reality – Wirepoints

Details emerging about Chicago Teachers Union’s upcoming contract show just how divorced its demands, both extreme and expensive, are from the reality at Chicago schools. It’s not just about massive salary increases, but also about money for migrant students, climate initiatives, abortions and gender-affirming care. About blocking parental notification. Count on CTU’s demands to veer further from reality until the public finally says no. 

Read More »

Gov. Pritzker’s ‘ethics reform’ eliminates competitive elections and choice for voters – Wirepoints on AM 560 Chicago’s Morning Answer

Ted joined Dan and Amy to talk about a new law passed by the Democratic supermajority and signed by Gov. J.B. Pritzker that results in brazen election interference, keeping Republicans off ballots; about a referendum that tests the waters for a renewed progressive income tax hike; about how the Parental Notification referendum question was knocked off the ballot; and why laws like that pass so easily.

Read More »

Chicago needs more champions of literacy like Willie Wilson – Wirepoints

It’s rare to see city leaders in Chicago take an open, unabashed stance on the collapse of literacy. To complain is deemed as too political, too racist or too anti-public schools. So it’s refreshing to see Willie Wilson, a successful businessman and leader of the black community, call for a literacy initiative “with the goal of getting 100% of Black students reading at grade level.”

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE