New York penthouse sells for USD238M, setting US record

NEW YORK (AP) — A billionaire hedge fund founder has purchased a penthouse in New York for roughly USD238 million.

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

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 USD58.75 million, setting a record for the most expensive home ever bought in Chicago. In 2015, he bought a Miami penthouse for USD60 million, setting the record for a Miami condo. And earlier this month, he acquired a London home for USD122 million.

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

In this May 26, 2016 file photo, a crane sits atop ongoing construction for a new condominium skyscraper at 220 Central Park South in New York. – AP