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https://www.msn.com/en-us/money/realestate/palantir-ceo-alex-karp-pays-record-120-million-for-colorado-monastery/ar-AA1StL46
"Palantir CEO Alex Karp has paid a record $120 million for a ranch outside Aspen, Colo., that was used for decades as a monastery, according to a source with knowledge of the deal.
Located in Snowmass, about 30 minutes from Aspen, St. Benedict’s Monastery was listed for $150 million last year, said Ken Mirr of Mirr Ranch Group, one of the listing agents. The deal is the priciest residential sale to date in Colorado’s Pitkin County, Mirr said.
Spanning about 3,700 acres, the property had been owned for about 70 years by an order of Trappist monks, Mirr said, although only about five still live there.
Mirr declined to comment on the identity of the buyer, but said the purchaser does plan to use the property as a home.
Karp is the co-founder and chief executive of Palantir, a data-analysis firm best known for working with the U.S. military and intelligence agencies. The company, which was founded in 2003 by a group of entrepreneurs including Silicon Valley heavyweight Peter Thiel, has made Karp a billionaire many times over. The Bloomberg Billionaires Index estimates his net worth at about $18 billion. Karp is also known to be an avid skier.
Nine-figure home sales are a new phenomenon in the Aspen area. The first took place last year, when former casino mogul Steve Wynn and financier Thomas Peterffy teamed up to pay $108 million for an estate at the base of Red Mountain. And the monastery deal, Mirr said, isn’t “your typical sale of a property in Aspen with a 20,000-square-foot home on it.”"
A 74-acre property in Aspen is currently on the market for $300 million.
"Palantir CEO Alex Karp has paid a record $120 million for a ranch outside Aspen, Colo., that was used for decades as a monastery, according to a source with knowledge of the deal.
Located in Snowmass, about 30 minutes from Aspen, St. Benedict’s Monastery was listed for $150 million last year, said Ken Mirr of Mirr Ranch Group, one of the listing agents. The deal is the priciest residential sale to date in Colorado’s Pitkin County, Mirr said.
Spanning about 3,700 acres, the property had been owned for about 70 years by an order of Trappist monks, Mirr said, although only about five still live there.
Mirr declined to comment on the identity of the buyer, but said the purchaser does plan to use the property as a home.
Karp is the co-founder and chief executive of Palantir, a data-analysis firm best known for working with the U.S. military and intelligence agencies. The company, which was founded in 2003 by a group of entrepreneurs including Silicon Valley heavyweight Peter Thiel, has made Karp a billionaire many times over. The Bloomberg Billionaires Index estimates his net worth at about $18 billion. Karp is also known to be an avid skier.
Nine-figure home sales are a new phenomenon in the Aspen area. The first took place last year, when former casino mogul Steve Wynn and financier Thomas Peterffy teamed up to pay $108 million for an estate at the base of Red Mountain. And the monastery deal, Mirr said, isn’t “your typical sale of a property in Aspen with a 20,000-square-foot home on it.”"
A 74-acre property in Aspen is currently on the market for $300 million.
