Tag Page MiamiLife

Why Billionaires Are Fleeing Big Cities

Ken Griffin, the billionaire behind Citadel, is saying goodbye to Chicago and selling his last fancy condo there at a 20% discount. After moving his business HQ to Miami, he's cashing out of the Windy City for good. The big takeaway? When the rich pack up for sunnier, safer spots like Florida, local real estate prices can take a hit. If you’re thinking about where to buy or sell, watch where the big money is moving! #RealEstate #MoneyMoves #MiamiLife