Loading ...Lee told The Wall Street Journal that the TXSE is apolitical, but the publication noted there have been rumors among traders of an “anti-woke” exchange being launched in the state. Though the company’s press release did not detail all of its investors, Citadel’s CEO Ken Griffin openly criticized “woke ideology” in Chicago’s schools in November 2022. Citadel’s global headquarters moved from Chicago to Miami in late 2022, reportedly due in part to crime rates and rising taxes. Earlier this year, Griffin stopped his donations to Harvard University and said he was worried elite students are becoming “whiny snowflakes,” also telling Bloomberg in mid-May that his endorsement of former President Donald Trump is contingent on his choice of a running mate. However, BlackRock has been viewed as “woke capitalism” by conservative groups, which have in turn targeted and attacked the company and CEO Larry Fink.
We estimate Griffin to be worth about $32.7 billion. We estimate Fink to be worth about $1.2 billion.
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https://www.forbes.com/sites/caileygleeson/2024/06/05/a-billionaire-backed-texas-stock-exchange-is-in-the-works-heres-what-to-know/