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billionaire exodus
finance

How Tax Battles Push Billionaires Out of Big Cities

May 7, 2026

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

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