This hedge fund billionaire owns several of the most expensive apartments in the world
Amanda Gordon/Bloomberg
Kenneth Griffin, manager of the Chicago-based hedge fund Citadel, is the likely owner of the single most expensive apartments in New York, Chicago, and Miami, according to the New York Times' Robert Frank.
The hedge fund billionaire bought nearly $300 million worth of real estate in Chicago, New York and Miami, and has broken real estate records in each of the three cities over the past four months.
That includes two floors of Chicago's Waldorf Astoria for a little under $30 million, three floors at New York's "billionaire's bunker" at 220 Central Park South for about $200 million, and Faena House's penthouse in Miami, for $60 million - $10 million above asking price.
Griffin, who already owns properties in Aspen, Colo. and Hawaii, could be buying the properties as an investment. According to the Times, Griffin has no plans to live in the billionaire's bunker, but plans to use it to house staff or guests, said people familiar with the deal.
Frank cited unidentified people familiar with the transactions, and Griffin declined to comment to the New York Times. The paper noted the purchases coincide with his messy and expensive divorce from wife of 11 years, Anne Dias Griffin.
The divorce trial is set for Monday. Dias Griffin is reportedly asking for $1 million a month for child support of their two children.
Griffin earns about $68.5 million a month after taxes, according to court filings for the divorce.
Read the full story at the New York Times.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market