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Billionaire Enjoys Purchasing Luxury Properties Around the Globe

Feb 01 2019
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Billionaire Ken Griffin, the founder and CEO of Chicago-based hedge fund Citadel, enjoys making record-setting real estate purchases around the globe. He recently closed a deal to buy the most expensive home ever sold in the United States, paying around $238 million for a New York City penthouse overlooking Central Park.

The reportedly 24,000-square-foot penthouse, which covers 4 full floors, is located at 220 Central Park South, a still-under-construction high-rise that towers 1,000 feet over the southern end of Central Park. Even though Griffin paid $238 million for the property, he will most likely spend even more to finish designing and furnishing his new home.

It has also been reported that he has purchased several expensive properties in Chicago, Miami, New York and most recently in London. Griffin has spent an estimated $700M in global real estate over the past few years. The New York City deal surpassed the current record for the most expensive home sold in the United States — $147 million paid by hedge fund manager Barry Rosenstein for an estate in East Hampton, New York, in 2014.

 

Source Credit: Robert Frank, CNBC.com

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