Illinois’ wealthiest man giving $1 million to Chicago mayoral candidate Bill Daley


Billionaire hedge fund CEO Ken Griffin, who has given tens of hundreds of thousands to former Republican Gov. Bruce Rauner and supported Chicago Mayor Rahm Emanuel, is donating $1 million to Invoice Daley’s mayoral marketing campaign.

In a press release concerning the contribution, Griffin referred to as Daley “a confirmed leader who understands the important significance of working for all Chicagoans no matter politics, race or background.”

“He’ll convey collectively a variety of views across the town on our most pressing challenges of creating jobs, decreasing violent crime, and enhancing our faculties so we all may be proud to reside and work in this world-class city that we name our residence,” Griffin stated.

Daley lauded Griffin right back in a press release, although he additionally tried to deflect the doubtless criticism that the donation will generate over Griffin’s ties to Rauner and Emanuel.

“His investments in Chicago, in its cultural establishments, in its healthcare organizations, and in improvements that profit all residents are a model of giving again to the group,” Daley stated in a press release. “Whereas we might not agree on each political situation, Ken’s commitment to Chicago is unquestionable and unwavering.”

State data show Griffin, Citadel’s CEO, donated $36 million to Rauner’s political committee, including a $20 million contribution that’s believed to be the most important contribution ever given to a campaign by a noncandidate in the state.

Griffin also has personally contributed almost $1.29 million to Emanuel-aligned marketing campaign funds. His ex-spouse, Anne Dias Griffin, contributed a further $one hundred twenty five,300 to the mayor whereas the two have been nonetheless married, data show.

For Daley, Griffin’s donation is a serious increase that may help him flood the airwaves in the ultimate thirteen days before the Feb. 26 mayoral election with advertisements touting his promised property tax freeze and “no extra excuses” tagline as he seeks to complete within the prime two and make an almost certain April 2 runoff.

It also exhibits that Daley, who has now raised about $7.5 million, is more and more getting help from huge business pursuits that backed Emanuel.

The downside for Daley is the contribution will invite attacks that he’ll cater to business interests at the expense of neighborhoods — criticism that dogged Emanuel, who was dubbed “Mayor One %” by some critics, for eight years.

It might additionally draw extra attention to Daley’s Rauner ties. Final week, Illinois Comptroller Susana Mendoza criticized Daley at a mayoral discussion board for co-chairing Rauner’s transition, sparking a sharp back-and-forth between the two.

Like Emanuel, Daley is a centrist…



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