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KEN GRIFFIN: 'Our entire country is built on the work ethic of immigrants'

Citadel's Ken Griffin says he is "terrified" about the political hardline against immigrants in the US.

Citadel CEO Ken Griffin

LOS ANGELES – Citadel's Ken Griffin says he is "terrified" about the political hardline against immigrants in the US.

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Speaking at the Milken Institute Global Conference held at the Beverly Hilton, the hedge fund billionaire said that several senior execs at his $26 billion firm are immigrants.

"They came here for their education, they put down roots here, and this is where they had their families and careers," Griffin said at the Milken conference on May 1. "They're incredibly driven."

"I am terrified because our entire country is built on the work ethic of immigrants," Griffin added.

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Citadel, one of the world's biggest hedge fund firms, is based in Chicago and has offices globally.

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