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Updated over 1 year ago on . Most recent reply

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Scott E.
  • Contractor
  • Scottsdale, AZ
3,039
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2,655
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Ken Griffin Building a $1 Billion Mega Mansion

Scott E.
  • Contractor
  • Scottsdale, AZ
Posted

Ken Griffin has spent the last ~10 years purchasing and assembling 14 properties in Palm Beach, about a quarter mile south of Mar-A-Lago.

After spending hundreds of millions already, he is now in the process of tearing down the old mansions to make way for his new mega mansion that is estimated to be valued as high as $1 BILLION when it's finished.

This development project might not make for the greatest ROI because who knows if it would ever actually sell for that much once he's finished (but I doubt he has any plans to sell this property in his lifetime)

I've shared the story on my social platforms and there has been a lot of criticism, including:

  -What happens when sea levels rise?

  -No 1 single person should ever have this much money

  -Wait a second, I thought Mar-A-Lago was only worth $18,000,000?

  -Who needs a house this big?

  -Ken Griffin is a crook for his involvement in the GameStop situation 

Everybody's entitled to their opinions. I just thought it was a fun and interesting story. 

I guess when you're worth $34 billion, anything is possible.

Link.

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