You might be familiar with billionaire hedge fund manager Ken Griffin for his impressive real estate collection, which at the moment includes the single most expensive home in the United States. And now, the Palm Beach Daily News reports that he's added yet another home to the bunch, this one for a little over $99 million.
The 27,000-square-foot property is very close to another property he owns in Palm Beach which spreads from the ocean to a lake and is itself in the record books as the largest home in Palm Beach. Altogether, Griffin has spent a reported $350 million on land in Palm Beach since 2012, per news site The Real Deal. And his $99 million purchase ranks as the second-most expensive home sale in the city's history.
The new acquisition, at 60 Blossom Way, was built back in 2000, based on a design by architect Peter Marino in a Polynesian-inspired style. And the seller of the home is another billionaire: financier and former owner of the Los Angeles Dodgers Frank McCourt, who purchased it in 2017 for $77.06 million. It was purchased off-market and among its numerous other benefits adds another 320 feet of beachfront to his coastal spread, which brings the strip of Palm Beach oceanfront to his name up to 1,188 feet altogether. The whole thing was transacted somewhat quietly, but sources said to be close to the sale as well as recent filings with the Palm Beach County Courthouse reportedly confirm it.
Ken Griffin's worldwide real estate holdings have now cost him well over $700 million all told, and includes properties in Florida, New York City, Chicago, and London. The crown jewel of all this, so far, is the giant multifloor place in Manhattan that he dropped almost $240 million early this year, which holds the record for the most expensive home ever sold in the United States.