This hedge fund billionaire owns the most expensive home ever sold in America — here's how he spends his fortune

  • 📰 CNBC
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

This hedge fund billionaire owns the most expensive home ever sold in America — here's how he spends his fortune (via CNBCMakeIt)

But Griffin still outranks those titans of wealth in at least one category: He owns the most expensive home ever sold in the U.S., a penthouse overlooking Central Park in New York City thatThat record-setting purchase topped the previous record for a home sold in the U.S., which had been thepaid by fellow hedge fund manager Barry Rosenstein in 2014 for an 18-acre estate in East Hampton, New York.

And that's far from Griffin's only major real estate purchase. In recent years, the billionaire has reportedly spent more than $750 million on real estate in Chicago, New York, Miami, Palm Beach, Florida and London, U.K. Griffin certainly has the funds to keep up his spending spree, asthat the hedge fund manager took home about $1.5 billion in income from his role at Citadel in 2019.

Wealth-X, a global high net worth intelligence and data company, gave CNBC Make It a breakdown of the value of Griffin's assets as of February 2020.It's no secret that Griffin has expensive taste when it comes to real estate. In fact, Griffin has a long track record of record-breaking home purchases.

His New York City penthouse includes an estimated 24,000 square feet and covers four full floors of the 79-story tower at 220 Central Park South. What's more, Griffin reportedly bought the penthouse unfinished, which meant he'd likely spend even more money to design the home to his tastes. And, he reportedly coughed up anotherThe 220 Central Park South building, center, stands in New York, on Jan. 23, 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt He can thank the Fed exclusively for that home

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Opinion | Bloomberg is putting his fortune to good use: Destroying TrumpOpinion: Bloomberg is putting his fortune to good use — destroying Trump Блумберг,друг!Усиль работка соцсетях!И берегите Байдена!Путин может попытаться его убить!🤝✊💥💥💙💙💙💙💙💙💙💙💙💙💙 He destroyed Trump so much, that Trump's approval went up. LMFAO. This is such bs . Taking back before trump. Same old same.trump wins. Tears for Elizabeth
Source: washingtonpost - 🏆 95. / 72 Read more »

The ‘Nintendo PlayStation’ Prototype Just Sold For $300,000The 'Nintendo PlayStation' prototype just sold for $300,000 by MattRyanPerez MattRyanPerez 🤦‍♂️ MattRyanPerez Lottery 👌👌 MattRyanPerez
Source: Forbes - 🏆 394. / 53 Read more »

When you sell during a panic you may miss the market's best daysBank of America said to 'avoid panic selling,' since stocks' best days usually follow the worst. 11 Lets see what happens this week! “Keep the bubble inflated!”
Source: CNBC - 🏆 12. / 72 Read more »

Altadena charmer with Dodgers ties seeks $2.4 millionAn Altadena home once owned by Dodgers reliever Jim Gott is for sale at $2.395 million.
Source: latimes - 🏆 11. / 82 Read more »

Elizabeth Warren net worth: a look at the candidate's wealth, assets - Business InsiderElizabeth Warren is dropping out of the 2020 presidential race. Here's how she and her husband made and spend their $12 million fortune. And so the natural order is restored to the Dem primaries. Billionaires all ousted in favor of millionaires who accumulated their fortunes through sketchy political machinations. Any guesses as to who will she endorse?
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Tesla CEO Elon Musk makes and spends his $39.5 billion fortune - Business InsiderThe billionaire Tesla and SpaceX CEO already has 5 children with ex-wife Talulah Riley. Fortunately, he also has $39.5 billion to take care of them. Don't count your chickens before they hatch. 💔🖤💜33 (3, 6, 11, 13)
Source: BusinessInsider - 🏆 729. / 51 Read more »