Illinois’ Richest Man Teams With Cubs Owner To Bid For English Football Club
What's the point of having $26.5 billion if you see your friend trying to buy ANOTHER historic sport franchise and you don't say "Hey, how 'bout I get a little piece of that action as well."
That's the latest news concerning Chicago Cubs owner Tom Ricketts and Ken Griffin.
Ken Griffin is a name that pops up in a lot of stories like this. His head of the Citadel Investment Group in Chicago, and somehow no one knows what he looks like.
In fact, that's not even his picture above. This is Ken Griffin.
Except, no it's not. That's former Tour de France winner Greg LeMond.
The one in the top photo is actually Ken Griffin.
Just proving that the guy is worth almost 30 billion and he can basically walk wherever he wants and no one will know who he is. AKA: The best way to be super rich. Leonardo Dicaprio can't go anywhere and he's not worth close to 30 billion.
Anyway. It was reported a while ago that Ricketts, the Cubs owner, was interested in purchasing the legendary British football club, Chelsea FC. It was an interesting announcement to Cub fans who had been told the family had suffered biblical losses during the pandemic, but maybe that's why he needed help from another very, very rich man.
I have heard that the ultra-wealthy are beginning to collect sport franchises as investments that can grow faster than traditional investments and is a decent way to spread out your taxable income. Kind of like how the ultra rich collect art.
Hopefully Ricketts treats his collectible well here in Chicago because there are some fans that will not take it well if billions of dollars are spent on a soccer team while Carlos Correa goes to a different team.
We'll wait and see.
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