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EXPLAINED: 7 - The Real Truth

Republican mega-donor says it’s time to ‘move on’ from Trump

‘For a litany of reasons, I think it’s time to move on to the next generation,’ Citadel hedge fund manager Ken Griffin says

The Independent UK

Ken Griffin, GOP megadonor, throws support behind Ron DeSantis for 2024

Griffin previously ruled out supporting Trump for another presidential bid.

Axios

Billionaire Gov. Pritzker uses trust to skirt contribution limits in Illinois Supreme Court races

CHICAGO — Democratic Gov. J.B. Pritzker is using his personal trust fund to circumvent contribution limits in two races that will determine whether his party maintains its 4-3 majority on the Illinois Supreme Court.

Chicago Tribune

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Is The Market Volatile? Ken Griffin's Citadel Reportedly Registered Double Digit Returns Across All 4 Funds

In a year marked by extreme volatility, all four funds of Ken Griffin’s Citadel have reportedly generated double-digit returns.

Benzinga

Ken Griffin buys Miami compound for $106.9 million, a new record

Hedge-fund billionaire Ken Griffin has shattered the Miami price record, shelling out $106.875 million for a waterfront estate.

Los Angeles Times

Darren Bailey struggling to win over former Richard Irvin supporters in governor’s race

Ken Griffin said he was “all in” to beat Gov. J.B. Pritzker, but after Griffin’s chosen candidate Richard Irvin lost the GOP primary, the hedge-fund billionaire is out. And Republican nominee Darren Bailey is struggling to win over others who supported his vanquished rival, WBEZ and the Chicago…

Chicago Sun-Times

Proposed ordinance would resurrect idea of publicly funded Chicago elections

Ald. Matt Martin’s proposal calls for providing a 6-to-1 public match — up to $3.6 million for mayoral candidates, $180,000 for candidates for city clerk and city treasurer and $150,000 for City Council candidates.

Chicago Sun-Times

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‘It was opportunistic in the best sense’: how the US constitution inspired an exhibition

After a frenzied auction, a rare first printing of the US constitution was lent to a museum in Arkansas where it’s led to an exhibition on democracy

The Guardian - US

Group owned by billionaire who funded failed Chelsea takeover bid buys Boohoo shares

Ken Griffin has one of the richest men in the world

Manchester Evening News

Group owned by one of the world's richest men snaps up Boohoo shares

Ken Griffin has an estimated net worth of £21bn

Birmingham Post

‘Value’ proposition: Ex-CEO on how Chicago can woo new jobs

In light of employers moving in and out of Chicago, Harry Kraemer Jr. weighs in on what’s important to corporate leaders and how the city’s boosters can appeal to them.

Chicago Sun-Times

Griffin blows nearly $418 per vote for Irvin’s doomed campaign for governor — worst political investment in Illinois history

Richard Uihlein, another billionaire GOP megadonor, saw much better returns for his buy-in to state Sen. Darren Bailey’s winning campaign, at a rate of about $38 per vote.

Chicago Sun-Times

Afternoon Edition: June 29, 2022

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

Whiffin’ with Griffin? Departing hedge-fund billionaire 0 for 4 in Tuesday’s contested GOP primary races

It’s unclear if Griffin will continue his heavy spending in Illinois politics after he and his Citadel hedge fund have packed up and left for Miami. But what was obvious was that his latest big bet on elections in this state was a big failure, up and down the ballot.

Chicago Sun-Times

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Chicago Tribune

As battle for Illinois governor shapes up, it is class warfare versus culture war

With Darren Bailey’s nomination as the Republican candidate for governor to challenge Democratic Gov. J.B. Pritzker, Illinois voters will have a choice for state chief executive this fall between candidates representing the opposites of a chasmic political ideological divide.

Benzinga

Citadel Founder Ken Griffin-Backed Candidate Loses Republican Primary In Illinois Governor Race

Citadel Securities founder Ken Griffin's $50 million bet on a candidate in the Republican gubernatorial primary in Illinois has not paid off.

Chicago Sun-Times

DeVore wins GOP attorney general contest

Despite a money disadvantage, the man who helped undo Gov. Pritzker’s COVID mask mandate will be the Republican nominee to face Kwame Raoul.

Chicago Sun-Times

Who will take on Gov. J.B. Pritzker this fall? Republican voters get final say in Tuesday’s primary

The winner of the primary will determine whether the state GOP continues as a center-right party in Illinois or gets recast as a subsidiary of former President Donald Trump.

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The Independent UK

Illinois Republicans to pick nominee to face Gov. Pritzker

Illinois Republicans are choosing a nominee to take on Democratic Gov. J.B. Pritzker this fall

Chicago Sun-Times

Illinois primary Tuesday: The latest on outside money flooding into congressional primary races

Who will survive in Illinois incumbent contests? On the Democratic side, it’s Sean Casten vs Mary Newman; and for Republicans, it’s Mary Miller vs Rodney Davis.

Chicago Sun-Times

Work from anywhere? CEOs like the option too

Ken Griffin’s exit from Chicago had to do with crime, but many more factors are at play in the spate of corporate decisions about where to set up shop.

WEKU

Some of the country's richest people try to influence the Illinois race for governor

Democrat and billionaire Gov. JB Pritzker is not only funding his own campaign but also running ads for GOP frontrunner Darren Bailey. Billionaire Ken Griffin is funding Republican Richard Irvin.

The Independent UK

Illinois governor's race is also battle among billionaires

The race to be Illinois’ next governor is also a battle among billionaires, including two whose names won’t appear on Tuesday's primary ballot

Chicago Sun-Times

With Roe overturned, America is no longer ‘land of the free, home of the brave’

There is nothing free or brave about America when Republicans refuse to stand up to the religious right.

Chicago Sun-Times

Going to Disney World: No sour grapes in billionaire Griffin’s exodus to Sunshine State as Illinois election clouds loom?

The announcement came rather awkwardly just five days ahead of the June 28 primary — a primary in which Griffin has contributed $53 million to the campaign of Aurora Mayor Richard Irvin, who is dropping in the polls.

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