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Citadel’s Ken Griffin is the GOP’s top donor with $40 million for the midterm

Billionaire hedge fund manager Ken Griffin isn’t just investing in stocks, he’s also investing in politics — according to a report, worth $40 million in the upcoming mid-election cycle.

Griffin, who made more money last year than any other hedge fund manager — raking in $2 billion in 2021 alone — has also become the No. 1 contributor to Republican causes, according to Wall Street Journal charts.

And Griffin, 53, is particularly focused on curbing crime and improving education.

“I’ve had several co-workers who were ambushed at gunpoint. I had a colleague who was stabbed on the way to work,” Griffin, who lives in Chicago, said in one Interview with the Wall Street Journal. “It’s a really difficult setting to attract talent to your city.”

While it takes security for a nation to thrive in the short term, it also needs a solid education system to sustain a thriving country, Griffin argues.

Ken Griffin
Ken Griffin made more money last year than any other hedge fund manager.
Bloomberg via Getty Images

“Nothing is more important to America’s future than a robust kindergarten through high school and then a college system,” adds Griffin. “A large part of my shift toward greater involvement in politics has been watching how federal and state politics were eroding access to the American Dream.”

Griffin is quick to admit that not everyone shares his political views.

But he still encourages those who disagree with him to get involved and donate to causes they care about.

“Too many American business leaders today stay out of politics,” Griffin said. “They need to be hired because they understand the implications of political decisions: I’m building a business; I run a factory; I create jobs. You just can’t keep silent.”

Ken Griffin
Ken Griffin is worth $30.5 billion.
Getty Images

Griffin, who is worth an estimated $30.5 billion according to the Bloomberg Billionaires Index, has slowly ramped up his engagement — and campaign spending — over the past decade.

In 2010, he donated less than $1 million to political causes. In 2020, he donated more than $67 million to political causes.

While he has donated to issues generally, he is also interested in supporting individual candidates.

He has donated $5 million to a political action committee associated with Florida Gov. Ron DeSantis. He has also donated $7.5 million to a PAC associated with Republican Pennsylvania gubernatorial nominee David McCormick. McCormick left his senior position at the Nobel hedge fund Bridgewater Associates to oppose Dr. to compete with Mehmet Oz.

crime scene
Ken Griffin is alarmed about crime in Chicago – and says he assaulted and even stabbed several colleagues.
ZUMAPRESS.com

Griffin is less enthusiastic about one politician: Donald Trump. Griffin has criticized Trump’s unfounded claims that the 2020 election was rigged, adding it is time to turn to the “next generation” of candidates for the 2024 election cycle.

And it’s not just politics that Griffin is spending big bucks on. Last year, at his son’s urging, Griffin decided to spend $43.2 million on a rare copy of the US Constitution.

The document, one of 13 original copies dating from 1787, was originally valued at $15-20 million by Sotheby’s.

But Griffin said he decided he would spend anything to get it.

“I said to myself, ‘I’m going to own this,'” Griffin said. “I don’t do that often.”

https://nypost.com/2022/04/15/citadels-ken-griffin-is-gops-top-donor-with-40m-put-toward-midterms/ Citadel’s Ken Griffin is the GOP’s top donor with $40 million for the midterm

DUSTIN JONES

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