Web: As The Country Burns, Citadel’s Founder Spends $100 Million On A Painting

Web

As The Country Burns, Citadel’s Founder Spends $100 Million On A Painting

ZeroHedge, 4 June 2020

While the country burns and millions of Americans scramble to figure out how they’re going to survive once supplemental unemployment benefits expire, Citadel founder Ken Griffin has just dropped a $100 million nut – nearly half the amount he dropped on a Central Park penthouse, and roughly equivalent to the cost of his wintertime Palm Beach Mansion – on a contemporary painting by American artist Jean Michel Basquiat, who died of a drug overdose in 1988.

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Subject: Kenneth C. Griffin

Subject of Interest

Kenneth C. Griffin founded Citadel in 1990 and has since served as the firm’s Chief Executive Officer.  He earned his bachelor’s degree from Harvard University.  Griffin serves on the Board of Directors of the Chicago Public Education Fund, and the Board of Trustees for the Art Institute of Chicago, the Museum of Contemporary Art Chicago, the Whitney Museum of American Art, and The University of Chicago. He is also a member of numerous business organizations, including G100, the Civic Committee of the Commercial Club of Chicago, and the Economic Club of Chicago.

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Our Mission: To Put Naked Short Sellers — and US Government Officials That Help Them — Into Jail

Target (Organization of Interest)

There is a new sheriff in  town. His name is Donald J. Trump. We’re going to make this personal — identifying naked short sellers by name. We will rescind the Holder Memorandum and pass legislation that applies federal  RICO to every aspect of financial fraud, inclusive of liberal use of NSA without a warrant. We have every email, every text, every call, every “game” chat.

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Article: Ken Griffin’s many many mansions: Billionaire’s latest is a $99M Palm Beach estate

Article - Media

Ken Griffin’s many many mansions: Billionaire’s latest is a $99M Palm Beach estate

Katherine Kallergis

TheRealDeal, 9 September 2019

Collage of Ken Griffin’s properties and Ken Griffin

Just when it looked like billionaire hedge funder Ken Griffin was taking a breather from assembling pricey property in Palm Beach — and the world — he has paid $99.1 million for an oceanfront estate.

The seller was billionaire real estate investor Frank McCourt, who unloaded the 18,452-square-foot mansion at 60 Blossom Way. Griffin acquired the estate through Providencia Partners LLC, property records show. McCourt, the former Los Angeles Dodgers owner, turned a 30 percent profit on the property, which he bought two years ago.

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Comments: This marks the second most expensive residential sale in history for the exclusive island. Griffin has now spent at least $350 million on land in Palm Beach alone.

Article: Billionaire Ken Griffin buys New York penthouse for $238 million, the most expensive US home ever sold

Article - Media

Billionaire Ken Griffin buys New York penthouse for $238 million, the most expensive US home ever sold

Robert Frank

CNBC, 23 January 2019

Hedge fund billionaire Ken Griffin closed a deal to buy the most expensive home ever sold in the U.S., paying around $238 million for a New York penthouse overlooking Central Park.

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Article: Billionaire Ken Griffin buys $122 million London mansion

Article - Media

Billionaire Ken Griffin buys $122 million London mansion

Robert Frank

CNBC, 22 January 2019

H/O: 3 Carlton Gardens London Ken Griffin mansion

 

 

 

 

 

 

 

Hedge fund billionaire Ken Griffin has just smashed another real estate price record, buying the most expensive home sold in London in over a decade for $122 million.

Griffin, CEO and founder of Citadel, bought a famed mansion near Buckingham Palace that was once home to Charles de Gaulle, according to a company spokesperson. The property at 3 Carlton Gardens stretches more than 16,000 square feet and has an indoor swimming pool and large staff quarters. It is the most expensive home sold in London since 2008, and comes as London property prices have tumbled due to Brexit fears.

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Lawyer: Mark Griffin

Lawyer

Formerly senior vice president and general counsel for Overstock.com, Griffin has been responsible for the strategic direction and operational effectiveness of the legal team.  Under his direction, the legal department has repeatedly seen success in fighting high-profile patent troll suits, and in working with the U.S. Congress, regulatory agencies and state legislatures on key legislation and regulatory matters, affecting the retail sector and public companies.  Griffin’s new position will expand his responsibilities in these and other areas.

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