New York leaders are desperately trying to stop billionaire bigwigs from hightailing it out of the Big Apple with their cash, businesses and thousands of jobs — as fears mount that Mayor Zohran Mamdani’s policies will accelerate the Empire State’s nation-leading loss of wealth.
The splashy one-two punch of Citadel CEO Ken Griffin and Apollo Global Management honcho Marc Rowan pledging to expand outside New York City has been coupled with a silent wave of businesses “quiet quitting” the city over its hostile environment, insiders told The Post.
The desire to be rich encourages people to work hard and innovate. The reason the wealthy want to keep their wealth could be that they desire to use it for something such as starting a business. Elon Musk has several businesses.
If capital flight is difficult why are billionaires leaving NYC. From https://nypost.com/2026/05/08/us-news/ny-leaders-desperately-try-to-stop-billionaire-bigs-from-fleeing-city-over-mamdani/
New York leaders are desperately trying to stop billionaire bigwigs from hightailing it out of the Big Apple with their cash, businesses and thousands of jobs — as fears mount that Mayor Zohran Mamdani’s policies will accelerate the Empire State’s nation-leading loss of wealth.
The splashy one-two punch of Citadel CEO Ken Griffin and Apollo Global Management honcho Marc Rowan pledging to expand outside New York City has been coupled with a silent wave of businesses “quiet quitting” the city over its hostile environment, insiders told The Post.
The desire to be rich encourages people to work hard and innovate. The reason the wealthy want to keep their wealth could be that they desire to use it for something such as starting a business. Elon Musk has several businesses.
The New York Post is a Murdoch propaganda tabloid. If that’s the best source you’ve got, you shouldn’t even bother.