Billionaire Ken Griffin buys all 138 apartments in Miami condominium tower
The Citadel founder has spent over $5.3 billion on property, business, and philanthropy since moving his hedge fund to South Florida.
Billionaire hedge fund manager Ken Griffin has acquired all 138 residential units in Solaris, a 22-storey condominium tower in Brickell, according to a report by the Times of India.
The purchases were made through a network of limited liability companies to assemble property near his planned corporate headquarters.
Griffin, the founder of Citadel, moved his hedge fund and Citadel Securities from Chicago to Miami in June 2022, citing concerns regarding crime and political leadership in Illinois.
Since relocating to South Florida, Griffin has spent more than $5.3 billion on business infrastructure, property, philanthropy, and political contributions, a Financial Times report stated.
His investments include a proposed $2.5 billion, 54-storey Citadel headquarters in Brickell, which is being developed with Related Companies.
Griffin has also committed significant funds to various causes, including a $3 billion gift to Carnegie Mellon University for a new Miami campus announced in September 2026.
Other philanthropic efforts include $50 million each to the University of Miami's Sylvester Comprehensive Cancer Center and Baptist Health South Florida, plus $25 million to Nicklaus Children's Hospital.
While his presence has brought investment, the Financial Times report noted scrutiny regarding his $60 million in political contributions and the impact of private wealth on public life.