Hedge Fund CEO Owns Most Expensive Homes In US AND UK

Ken Griffin, the billionaire CEO of US hedge fund Citadel, not only owns the most expensive home in the UK, but also the most expensive home in the US – plus a portfolio of other superlative properties, it has emerged this week.

Griffin recently bought 3 Carlton Gardens in St. James’s and close to Buckingham Palace. The £95m sale price made it London’s most expensive property purchase in recent years. He has also bought a £182m penthouse overlooking New York’s Central Park. Other recent purchases are said to include a £45m penthouse in Chicago, two properties in Hawaii worth £23m, £112.5m of property in Florida including a single £55m property and an estate in Aspen, Colorado for £10m.

While the popular press gasp at how just one person can own so many expensive properties the real story here is overlooked by most of them: Even an obviously astute hedge fund billionaire (Griffin is said to be worth around $10bn) recognises the importance of keeping part of his fortune in bricks and mortar. Not only that, he has selected the most proven premium locations – locations where properties are very far from a speculative bet.

What is DealMakerz Prime?

In depth stories

Want to know the story behind Britain's latest property mogul? Why a company is going bust? Our coverage goes beyond run-of-the-mill news on key real estate issues.

High powered community

Our subscribers are made up of the most influential Founders and CEO's in UK property. Gain a competitive edge and get informed - read what they read.

Exclusive guest articles

Understand exactly what the most senior figures in UK property are thinking. Exclusive opinion articles from powerful real estate influencers that move markets.

Source The Sun
You might also like