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ën Gent Row : Billionaire Ken Griffin Is Building Himself the World's Most Expensive Closet But Not Bigger Than His Heart

11/18/2024

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read count : 5,656 — average read time : 1 Min
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Ken Griffin wearing Super 180's Navy Suit at Institutional Investor Summit
Ken Griffin, the esteemed CEO and founder of Citadel, embodies a refined and understated elegance, favoring darker, solid-shaded suits that reflect his sophisticated demeanor. 

In a world where most millionaires flaunt their wealth with ostentatious rented yachts and diamond-encrusted everything, Ken Griffin, billionaire and soon to be Palm Beach resident is taking a more… closet-centric approach to luxury. Picture this: a man whose heart is as soft as the cashmere sweaters he likely keeps in his soon-to-be world’s most expensive closet, filled with enough designer shoes to start a small footwear museum. His gentle demeanor belies an appetite for extravagance that would make even the most flamboyant peacock blush. While he may greet you with a warm smile, don’t be fooled—behind that charming facade lies a man who believes that a closet should not only house clothing but also serve as a shrine to his lavish lifestyle, complete with a built-in espresso machine and a personal shopper on speed dial. It’s a juxtaposition as delightful as finding a rare first edition of Shakespeare nestled between the latest Gent Row suits: unexpectedly charming, and a subtlety over the top. 

Recently, he was honored at the 40th anniversary celebration of the Pérez Art Museum Miami, an occasion that provided a fitting platform to acknowledge his significant contributions to the arts. This event also celebrated a remarkable $10 million gift to PAMM from Griffin Catalyst, a testament to his unwavering commitment to creativity and the arts, which have positively impacted countless lives and will undoubtedly leave a lasting legacy in South Florida. 
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Ken Griffin wearing Black Super 150's Single Breasted with Satin Notch Lapel at the Pérez Art Museum in Miami, Florida
In addition to his philanthropic endeavors, Griffin is poised to set yet another record in the realm of luxury real estate. In 2019, he made headlines with his acquisition of a New York City penthouse for an astounding $238 million, the highest price ever paid for a residential property in the United States. Now, he is developing what is anticipated to be the most expensive home globally in Palm Beach, Florida. Situated on one of the area’s largest private waterfront sites, Griffin has already invested a staggering $450 million into this project, which spans a generous 25 acres along Billionaires Row. Once completed, the estate is projected to be valued at a remarkable $1 billion, encompassing a 50,000-square-foot main residence, a guest house, and an expansive swimming pool.
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Griffin's real estate journey in Palm Beach began in 2012, with the acquisition of four oceanfront properties for a combined total of $129.6 million, followed by several additional estates, including a record-breaking purchase in 2019 of a four-and-a-half-acre mansion for $104.99 million. 
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His dedication to this area is underscored by a vision that not only prioritizes luxury but also aligns with the pro-growth policies of Florida, ensuring that Palm Beach remains one of the most coveted real estate markets in the world. As he continues to invest, Griffin's future plans include transforming the entire property into a retirement home for himself and his family, including his mother, further solidifying his deep-rooted connection to this vibrant community.
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