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Trump urges Mamdani to 'cherish' billionaires as Ken Grif...
Steven Nelso · 2026-05-12 · via New York Post

President Trump urged New York City Mayor Zohran Mamdani to “cherish” billionaires like Ken Griffin after the Citadel CEO threatened to bolt from a Park Avenue skyscraper project and move to Miami in response to the socialist mayor’s attacks.

“When you lose people like that, it’s sort of not recoverable,” Trump told WABC radio host Sid Rosenberg.

Ken Griffin, founder and CEO of multinational hedge fund Citadel, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026.
Hedge fund titan Ken Griffin said this week that he’s shifting jobs to Miami because of Mamdani. AFP via Getty Images

“Always you say something’s recoverable, right? But it’s not recoverable. Then they build something else. They’re going to be there for 30 years. They don’t come back. And you’ve got to do the opposite. You’ve got to cherish them,” Trump said.

“You got to bring them to the office. You got to meet them. You have to have dinner with them. You have to convince them not to leave, you’re going to make their life great, you’re going to help them with their building, with their project. You got to do it and I don’t know — it’s not hard to do, but maybe it is for some people.

A still from a social media video with Zohran Mamdani.
Mamdani’s video targeting Griffin’s $238 million penthouse sparked a feud. Mayor Mamdani/X

“But you don’t want to lose people like Ken, that would be a big loss for New York.”