Citadel's Ken Griffin buys a stegosaurus for $45 million in a record auction sale

News News

Citadel's Ken Griffin buys a stegosaurus for $45 million in a record auction sale
United States Latest News,United States Headlines
  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Ken Griffin purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday, marking the most valuable fossil ever sold at…

Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby's Wednesday, marking the most valuable fossil ever sold at auction.

The 150 million-year-old stegosaurus named"Apex" measures 11 feet tall and nearly 27 feet long from nose to tail and it is a nearly complete skeleton with 254 fossil bone elements. Apex was only expected to sell for about $6 million.Griffin won the live auction in New York Wednesday after competing with six other bidders for 15 minutes. He intends to explore loaning the specimen to a U.S. institution, according to people familiar with his plans.Sign up for NBC Philadelphia newsletters.

Apex shows no signs of combat-related injuries or evidence of post-mortem scavenging, Sotheby's said. The stegosaurus was excavated on private land in Moffat County, Colorado. In 2018, Griffin gifted $16.5 million to Chicago's Field Museum to help fund the display of a touchable cast of the biggest dinosaur ever discovered — a giant, long-necked herbivore from Argentina.Thursday's top analyst calls: Nvidia, Gap, Exxon, Apple, Block, Toast, AllstateNew Jersey

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCPhiladelphia /  🏆 569. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Steve Cohen's Point72 and Ken Griffin's Citadel lead 2024 hedge fund reboundSteve Cohen's Point72 and Ken Griffin's Citadel lead 2024 hedge fund reboundCitadel, the firm founded by billionaire Ken Griffin, saw its flagship Wellington fund rise 8.1% by the end of June while Millennium rose 6.9%.
Read more »

Citadel: Diana Trailer Teases Prime Video's Italian Citadel SpinoffCitadel: Diana Trailer Teases Prime Video's Italian Citadel SpinoffMatilda De Angelis stars in the Italy-set Citadel spinoff series.
Read more »

Elon Musk Will Give About $45 Million A Month To Support Trump, Report SaysElon Musk Will Give About $45 Million A Month To Support Trump, Report SaysSara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York.
Read more »

Elon Musk plans to donate $45 million to pro-Trump super PAC each monthElon Musk plans to donate $45 million to pro-Trump super PAC each monthElon Musk said that he plans to donate $45 million a month to a pro-Trump super PAC shortly after he endorsed former President Donald Trump following an attempt on his life.
Read more »

Elon Musk to give $45 million a month to pro-Trump super PACElon Musk to give $45 million a month to pro-Trump super PACThe move would flood Trump’s reelection effort with cash through the November election.
Read more »

Elon Musk Pledges to Donate $45 Million a Month to Pro-Trump Super PACElon Musk Pledges to Donate $45 Million a Month to Pro-Trump Super PACSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »



Render Time: 2025-02-21 11:01:06