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Hedge fund titan Ken Griffin appears to buy trophy homes like other people buy fast food—quite often and without a second thought. Mind you, when you’re worth $42.6 billion, that’s a privilege that comes with the territory. His latest real estate purchase is Julia Koch’s apartment at 740 Park Avenue, which he picked up for $45 million, according to The Wall Street Journal.
The five-bedroom duplex, in one of New York’s most coveted co-ops, is something of a departure from Griffin’s other homes — most notably the $238 million he paid for four floors at 220 Central Park South, which was until recently the highest price ever paid for a home in the U.S. His Park Avenue buy from Julia Koch — widow of billionaire industrialist David Koch — is a pre-war unit that the Kochs picked up for $17 million in 2004. After Koch passed away in 2019 at age 79, his widow began spending more time at her homes in Southampton and Palm Beach and initially shopped her Manhattan home in 2022 for $60 million before listing it for $48 million in 2023, according to the Journal.
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Griffin, founder, CEO, and co-chief investment officer of Citadel LLC hedge fund, has steadily been buying some of the world’s most prized residential real estate, often shattering price records with each buy. Amongst his trophy property portfolio are the following:
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$122 million London mansion near Buckingham Palace
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A Hamptons compound he bought from Calvin Klein for $84.45 million
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A roughly $107 million compound in Miami’s Coconut Grove neighborhood
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Four acres of beachfront property in Palm Beach, Florida, that cost more than $450 million.
The twice-divorced father of three is not just an avid collector of high-priced homes but art, fossils, and historical artifacts. According to Axios, he also owns:
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An astounding art collection featuring paintings by Jackson Pollock, Willem de Kooning, Roy Lichtenstein, Barnett Newman, Paul Cézanne, Jasper Johns, and many more.
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A dinosaur fossil: Griffin spent $44.6 million on a dinosaur fossil.
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One of the 13 known copies of the official printing of the US Constitution produced for the delegates — known as the Goldman Constitution — for which he paid $43.2 million.