TITANS MOVING THOUSANDS OF JOBS FROM CITY AFTER MAMDANI VILLIFIES WALL STREET

Billionaire Ken Griffin scales back NYC jobs in response to Mamdani’s ‘tax the rich’ antics — sparking fears wealthy exodus has begun

By Craig McCarthy, Carl Campanile, Haley Brown and Matt Troutman--Published May 6, 2026, 7:07 p.m. ET

There they go, Zo!

Hedge fund titan Ken Griffin revealed this week he’s scaling back jobs in the Big Apple as a “direct consequence” of Zohran Mamdani’s “tax the rich” antics — stoking fears that the well-to-do are starting to flee the socialist mayor and taking their cash with them. Mamdani poked the bearish billionaire in a recent social media video that used Griffin’s record-breaking $238 million Midtown penthouse as a backdrop to drum up support for a proposed tax on luxury second homes in the city. MORE AT Billionaire Ken Griffin scales back NYC jobs amid Mamdani's 'tax the rich' antics

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https://www.democratandchronicle.com/story/news/politics/2026/05/06/how-a-nyc-tax-plan-could-expand-to-second-homes-in-finger-lakes-upstate/89959977007/