Tags: citadel | ken griffin | new york | hochul | meeting | mamdani

Citadel's Griffin to Meet With N.Y. Leadership This Week

Tuesday, 28 April 2026 11:15 AM EDT

Ken Griffin, founder and CEO of the ‌hedge fund and market trading firm Citadel, said on Tuesday he will meet with New York State Gov. Kathy Hochul on Thursday to talk about its 'future direction.'

Earlier this month Hochul proposed a new tax ‌on second homes worth over $5 million that was backed ​by New York City Mayor Zohran Mamdani. The so-called pied-à-terre tax is aimed at supporting Mamdani's efforts to close ⁠New York City's budget gap.

Miami-based hedge fund Citadel has objected ​to Mamdani's attempt to use Griffin's name in his push to ⁠tax individuals from outside the state who own New York City residences.

"I think the willingness of a mayor of New York to make this a policy ‌debate a personal attack, just demonstrated a profound lack ​of judgment," Griffin ‌said during a Norges Bank Investment Management conference in Oslo.

The chief of the $67 billion ‌hedge fund added that he would meet with Hochul to talk about the future direction of New York.

Mamdani, a democratic socialist, ⁠last week filmed a video ‌titled, "Happy Tax Day, New ⁠York. We're taxing the rich," in front of Griffin's penthouse.

"Is New York going ⁠to ⁠put their fiscal house in order and run itself from a position of strong government ‌that's pro-business? Why do Americans think we can do socialism?," Griffin said.

Citadel's principals and team members have paid nearly $2.3 billion in city and state ‌taxes over ​the past five ‌years, Citadel Chief Operating Officer Gerald Beeson said in an internal memo seen by Reuters last week.

Asked during Tuesday's conference ​panel on whether he would like to run for office, Griffin said: "No one would vote for me." 

© 2026 Thomson/Reuters. All rights reserved.


US
Ken Griffin, founder and CEO of the ‌hedge fund and market trading firm Citadel, said on Tuesday he will meet with New York State Gov. Kathy Hochul on Thursday to talk about its 'future direction.'
citadel, ken griffin, new york, hochul, meeting, mamdani
281
2026-15-28
Tuesday, 28 April 2026 11:15 AM
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