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Ken Griffin Backs Donalds in Florida Governor Race With $10 Million Check

Reported by Bloomberg
Jul 24, 2026· 2 min read
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Key Takeaways
  • • Ken Griffin donated $10 million to a political action committee supporting Byron Donalds' Florida gubernatorial campaign, marking the largest single contribution recorded in the race as of July 24, 2026.
  • • The Citadel hedge fund manager, who relocated his firm and personal operations to Florida in 2022, has positioned himself as a major Republican donor nationally and a significant political investor within the state.
  • • Griffin's contribution to Donalds' campaign follows his prior support for outgoing Governor Ron DeSantis and his backing of Senator Ashley Moody through a super PAC, demonstrating sustained political engagement in Florida Republican races.
  • • The $10 million donation underscores the scale of capital mobilization in state-level gubernatorial races and reflects Griffin's strategic focus on Florida political influence as his base of operations.
Summary
Ken Griffin, the billionaire founder and CEO of Citadel hedge fund, contributed $10 million to a political action committee supporting U.S. Representative Byron Donalds for Florida governor, according to Bloomberg. The contribution represents the largest single donation recorded in the 2026 Florida gubernatorial race as of mid-July.

Griffin's political engagement in Florida reflects his deeper organizational ties to the state. Following his relocation of Citadel and personal headquarters from Chicago to Miami in 2022, Griffin has emerged as one of the most active Republican donors in Florida and nationally. His previous campaign support includes substantial backing for outgoing Governor Ron DeSantis and contributions to a super PAC supporting Senator Ashley Moody.

The $10 million allocation to Donalds underscores the financial scale characterizing competitive gubernatorial races and demonstrates Griffin's strategic interest in shaping Florida Republican politics. The contribution aligns with Donalds' positioning as a leading Republican candidate in the primary. By concentrating political capital in Florida, Griffin—whose hedge fund manages significant institutional and alternative investment capital—has effectively leveraged his financial resources to influence state-level outcomes in his jurisdiction of primary residence and business operations.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Bloomberg Ken Griffin Backs Donalds in Florida Governor Race With $10 Million Check