Billionaire hedge-fund manager Cliff Asness just listed his Miami penthouse for $29.5 million only a year after buying it because he wants to upgrade to a bigger home. Here's a look inside.

Cliff Asness is the founder of AQR Capital Management, a firm that manages over $200 billion. He has a net worth of $2.6 billion.

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He just listed his Miami Beach penthouse for $29.5 million.

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He initially purchased the penthouse in May 2018 for $26 million from the chairman of the largest marijuana company in the US.

The penthouse spans 6,807 square feet and has an open layout.

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The dining room, living room, and kitchen are all connected in an open-concept layout.

The kitchen has state-of-the-art appliances, including a wine cooler and an elongated marble island and bar.

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The home has five bedrooms, five bathrooms, and two half-baths, according to the listing.

The master closet is noticeably spacious ...

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... as is the master bathroom.

The entire penthouse is lined with floor-to-ceiling windows for maximum natural light, and in some cases, easy access to the terrace.

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The terrace provides both beach ...

... and city views.

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The penthouse also has plenty of indoor lounging space.

And there's also additional, very luxurious outdoor lounging space.

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The rooftop pool deck also comes equipped with a grilling area.