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Billionaire Ken Griffin donates $20M to Richard Irvin bid for Illinois governor

Billionaire Ken Griffin has made his support for a Republican governor official

By JOHN O'CONNOR
Election 2024
File-This April 12, 2018, file photo shows Chicago Police Supt. Eddie Johnson,left, and Mayor Rahm Emanuel, right, look on as Chicago billionaire Ken Griffin discusses a $10 million donation to reduce gun violence in the city during a press conference in Chicago. The Museum of Science and Industry, Chicago (MSI) on Thursday, Oct. 3, 2019, announced a $125 million gift from the Kenneth C. Griffin Charitable Fund, the largest single gift in the Museum’s history. In recognition of this historic gift, the Museum will become the Kenneth C. Griffin Museum of Science and Industry. (Ashlee Rezin/Chicago Sun-Times via AP, File)

File -This April 12, 2018, file photo shows Chicago Police Supt. Eddie Johnson, left, and Mayor Rahm Emanuel, right, look on as Chicago billionaire Ken Griffin discusses a $10 million donation to reduce gun violence in the city during a press conference in Chicago. The Museum of Science and Industry, Chicago (MSI) on Thursday, Oct. 3, 2019, announced a $125 million gift from the Kenneth C. Griffin Charitable Fund, the largest single gift in the Museum’s history. In recognition of this historic gift, the Museum will become the Kenneth C. Griffin Museum of Science and Industry. (Ashlee Rezin/Chicago Sun-Times via AP, File) (Ashlee Rezin/Chicago Sun-Times/AP)

SPRINGFIELD, Ill. — (AP) — Billionaire Ken Griffin made his support for a Republican governor official on Monday, contributing $20 million to Aurora Mayor Richard Irvin in his quest to replace Democratic Gov. JB Pritzker.

Griffin had previously expressed admiration for Irvin's background as a military veteran, litigator and Aurora's first Black mayor. As for supporting a particular candidate, Griffin had said only that he was "all in" to upend Pritzker.

Other Republicans running for governor include state Sen. Darren Bailey of Xenia, former Sen. Paul Schimpf of Waterloo, equity investor Jesse Sullivan of Petersburg and Bull Valley business owner Gary Rabine.

Griffin's money all but single-handedly defeated Pritzker's 2020 ballot measure to allow a graduated income tax that would have taken a greater share from the wealthy. The CEO of multinational hedge fund Citadel, Griffin also contributed heavily to former Republican Gov. Bruce Rauner’s 2018 failed reelection bid against Pritzker.

“Richard knows the importance of ending wasteful spending and reducing oppressively high taxes,” Griffin said in a statement. “Illinois taxpayers are tired of sending their hard-earned money to Springfield to be burned in the furnace of waste and corruption.”

Pritzker, who financed his own campaign in 2018, defeated Rauner in what became the second-most expensive gubernatorial race in history at more than $200 million. Rauner was unpopular after a two-year budget stalemate with Democrats who controlled the Legislature.

“Ken Griffin would conveniently like us all to forget he bankrolled the very governor that decimated the social services that prevent violence, caused our colleges and universities to nearly lose accreditation, and devastated our state’s finances in previously unseen ways,” Pritzker campaign spokeswoman Natalie Edelstein said.

Pritzker faces a Democratic primary challenge from Chicago activist Beverly Miles.

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This story has been updated to correct that Griffin has never pledged a specific amount of money to support a Republican challenger.

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Follow Political Writer John O’Connor at https://twitter.com/apoconnor

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