More of Wall Street Is Following Ken Griffin South
On the premiere episode of the Bloomberg Originals series Bullish with Sonali Basak, we show just how big South Florida is getting.
Ken Griffin, left, on Bullish with Sonali Basak
Takeaways by Bloomberg AI
In the years since billionaire Ken Griffin pulled up stakes and led Citadel and his market-making firm Citadel Securities to South Florida, more hedge fund managers have followed in his wake.
Maybe it’s the sunny weather. Maybe it’s the allure of lower taxes and lighter regulation. Or more recently, maybe it’s simply proximity to Donald Trump’s Mar-a-Lago compound, where the president’s adjutants and hangers-on mix with hedge fund kingpins and financiers, striking deals in darkened private clubs and on verdant golf courses. In the premiere episode of the new Bloomberg Originals series Bullish with Sonali Basak, we pull back the curtain on this momentous shift in financial power from Wall Street to South Florida, showing how it happened and whether it has legs.