Chicago

Chicago Billionaire Buys New York Penthouse for $238M, Setting US Record

Griffin is no stranger to multi-million dollar homes - he bought several floors of a Chicago condominium this year for $58.75 million

A billionaire hedge fund founder has purchased a penthouse in New York for roughly $238 million. 

The Wall Street Journal reported Wednesday that the deal sets a record for the highest-priced home ever sold in the U.S. 

Citadel hedge fund founder Ken Griffin purchased the Manhattan penthouse at an under-construction high-rise, 220 Central Park South. 

Griffin is no stranger to multi-million dollar homes. He bought several floors of a Chicago condominium this year for $58.75 million, setting a record for the most expensive home ever bought in Chicago. In 2015, he bought a Miami penthouse for $60 million, setting the record for a Miami condo. And earlier this month, he acquired a London home for $122 million. 

The Journal reports that Griffin began investing at 19 in his Harvard dorm.

Copyright AP - Associated Press
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