Billionaire Citadel boss Ken Griffin sees Miami taking over NYC as US finance capital

Hedge fund manager Ken Griffin said there’s a possibility that Miami could one day overtake New York’s Wall Street as as financial firms worried about rising crime rates migrate to the Sunshine State’s business-friendly climate and its lower taxes.

“Miami, I think, represents the future of America,” said Griffin, praising the city’s “Incredibly vibrant economy” in remarks at the Citadel Securities Global Macro Conference in Miami, according to a transcript obtained by The Post.

“We’ll see how big Wall Street South becomes,” Griffin added in remarks that were earlier reported by Bloomberg, “We’re on Brickell Bay, and maybe in 50 years it will be Brickell Bay North how we refer to New York in finance.”

Miami has become a hub for finance titans like Griffin, who decamped his firm from crime-ravaged Chicago to Miami in June 2022 and recently splashed out on a $107 million home in Coconut Grove.