Billionaire Ken Griffin just bought a $238 million penthouse — and it's the most expensive home ever sold in the US

Business Insider | 1/23/2019 | Katie Warren
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Billionaire hedge-fund manager Ken Griffin just bought the most expensive home ever sold in the US for $238 million, The Wall Street Journal reported.

He picked up the penthouse unit of a luxury New York City skyscraper that's still under construction.

Sale - Days - Reports - Griffin - Purchase

The sale comes days after reports of Griffin's purchase of a $122 million mansion in London.

Griffin is worth an estimated $8.84 billion, according to Bloomberg.

Billionaire - Hedge-fund - Manager - Ken - Griffin

Billionaire hedge-fund manager Ken Griffin just paid $238 million for a New York City penthouse, breaking the record for the most expensive home ever sold in the US, The Wall Street Journal reported.

The transaction smashed the previous record, set in in 2014 when another hedge-fund manager, Barry Rosenstein, bought a Hamptons home for $137 million, by more than $100 million.

Griffin - Manhattan - Penthouse - Residence - Floors

Griffin's new Manhattan penthouse is a massive 23,000-square-foot residence that encompasses floors 50 through 53 at 220 Central Park South, a skyscraper designed by Robert A.M. Stern that's still under construction. The asking price was $250 million, according to The Real Deal.

A spokeswoman for Griffin told The Journal that Griffin, the 50-year-old founder of the hedge fund Citadel, wanted a place to stay in New York as Citadel expands its presence in the city with a new office.

Griffin - New - York - City - Purchase

Griffin's New York City purchase is part of a massive real-estate buying spree over the past few years.

Just this week, Forbes reported that Griffin paid $122 million for one...
(Excerpt) Read more at: Business Insider
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