Ken Griffin’s $250M yacht needed a marina. Now he wants a helipad
Billionaire Ken Griffin is seeking a zoning change in Miami Beach to construct a private helipad for his superyacht. The proposal aims to create a private transit link between his yacht and the city, bypassing public traffic.
Why it matters
It illustrates the intersection of extreme wealth, urban planning, and the privatization of public infrastructure.
Hedge fund billionaire Ken Griffin has already gotten permission to build a private marina (Waterfront facility) for his 308-foot superyacht on Miami's Terminal Island. Now he wants Miami Beach to go a step further by changing its zoning rules so he can add a private waterfront helipad and avoid the city's traffc.If approved, the plan would create a private travel system by air, sea, and land for the Citadel founder. It would let him fly straight to his yacht instead of driving through Miami's crowded streets.The new request involves a 30,000-square-foot piece of waterfront land at 120 MacArthur Causeway.
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