Ken Griffin, after massive NYC condo buy, gives another $1M to Daley’s mayoral bid

The hedge fund billionaire has now contributed $2M to the campaign this month, after making headlines for his $238M Manhattan penthouse purchase

TRD CHICAGO /
Feb.February 19, 2019 12:00 PM

Bill Daley and Ken Griffin (Credit: Wikipedia and Getty Images)

Hedge fund billionaire Ken Griffin is giving another $1 million to Bill Daley’s mayoral campaign, matching his earlier contribution this month, and coming just weeks after he made headlines around the world for a record-shattering $238 million Manhattan penthouse purchase.

Griffin, CEO of Citadel, is among a number of business leaders putting their money behind Daley, according to Crain’s, which reported on the latest million-dollar donation.

That list of contributors includes a number of people in the real estate industry, who have given Daley more than $650,000, according to an analysis by The Real Deal.

Daley, a former investment banker and U.S. Commerce Secretary, leads the pack of mayoral contenders in large campaign contributions from industry leaders.

With the new infusion of cash, Daley will have surpassed the $8 million mark, with just a week until the election, according to Crain’s.

Leading real estate contributors include Michigan Avenue Real Estate Group owner Thomas Meador, who donated $200,000 to the campaign, and Sam Zell, Equity Commonwealth chairman, who kicked in $125,000, TRD found.

While not in the real estate industry, Griffin’s massive home purchases in ChicagoLondon, Florida and most recently New York, make him one of the biggest individual real estate investors in the country of late. [Crain’s] — John O’Brien


Related Articles

arrow_forward_ios

DeNiro-backed Nobu Hotel developer sues contractor, WeWork selling Gulfstream jet Neumann made his own: Daily dirt

Former Chicago alderman Joe Moore

This ex-alderman was once a housing and real estate watchdog. Now he’s in the business

Alderman Byron Sigcho-Lopez (25th)

Byron Sigcho-Lopez blasted “greedy” developers for years. What happens now that he’s in charge?

Bill de Blasio and The Oval Office (Credit: Getty Images)

“It’s gonna suck for us”: Real estate sounds off on de Blasio’s presidential bid

From left: Farpoint Development principal Scott Goodman, Shapack Partners CEO Jeff Shapack, Oxford Capital Group CEO John Rutledge, Belgravia Group chairman Alan Lev, attorney Elizabeth Gracie

Real estate pros beg Lightfoot, Kaegi for “clarity” on possible higher tax bills

From left: A rendering of the Burnham Lakefront, Mayor Rahm Emanuel, former Governor Bruce Rauner, and a map of Opportunity Zones in Chicago (Credit: Getty Images; Map by Haru Coryne)

How a $2B redevelopment site in Chicago landed in a federal Opportunity Zone:
A TRD investigation

Going private: Fed housing finance chief details plan to end Fannie-Freddie oversight

Alderman Cappleman, considered pro-development, emerges victorious from April 2 ballot count

arrow_forward_ios