Billionaire hedge fund mogul Ken Griffin continues his exodus from Chicago by selling his luxury penthouse in Walton apartment tower 9, taking a staggering 44% loss on the deal.

Griffin vacated the top two floors of the prestigious building (floors 38 and 39) for $19 million; This was well below the $34 million he paid in 2017. Crain’s reported.

This significant reduction underscores the difficulties in Chicago’s luxury real estate market and the broader economic consequences of what many, including Griffin himself, see as failed city management. Griffin’s investment in No. 9 Walton once represented the peak of Chicago’s high-end real estate boom.

He made a splash in 2017 when he purchased four insider apartments for $58.75 million, setting a city record in the process; one of the many real estate records he broke. He also made a deal with the contractor to enlarge the penthouse. Griffin planned to combine these units into a customized, multi-level space with 15,000 square feet of interior space, four terraces and a rooftop deck with a pool.

However, his project was never completed and the units remained unfinished shells. The other two floors of the building remain unsold.

The sale is the latest in a series of moves that signal Griffin’s departure from Chicago. Waldorf Astoria is selling its residence For $10.2 million — about $3 million less than he paid.

His criticism of Illinois’ leadership was clear, citing concerns about rising crime and ineffective policies.

“The rapid decline in the value of real estate in Chicago represents only a small fraction of the cost of electing bad political leaders,” Griffin told The Post.

This all happened when Griffin escaped to his home state of Florida, where he was building a new base for the Citadel.

The financial giant has its eye on it Areas like Miami and Palm Beach, where real estate ventures thrive.

Griffin’s departure comes at a time when Chicago’s luxury apartment market is struggling; A report recently published by @features It found a 9.1% drop in the average price of condos over $1 million.