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Breaking News: ken griffin spends around $400 millions to buy adjacent properties, demolished them to build a ultimate house for his mother…see more
Palm Beach, Florida, a playground for the rich and famous, is no stranger to opulence.
But it seems that billionaire hedge-fund manager Ken Griffin is taking luxury living to a whole new level. Griffin, already a prominent figure in the seaside town and a Florida native, is turning heads with his ambitious plans to create the most expensive home not just in America — but on the planet.
The enigmatic financier, known for his vast wealth and astute investments as founder and CEO of the once Chicago-based Citadel, now Miami, has made headlines by acquiring more than 20 acres of prime Palm Beach real estate.
What’s even more astounding is that Griffin, 55, has obliterated the existing homes on this sprawling property, with intentions to spend between a staggering $150 to $400 million on constructing a mega-estate that will be worth an estimated $1 billion upon completion.