Ken Griffin, the billionaire hedge fund mogul with a taste for the world’s priciest homes, has just dropped more than $90 million on a lavish waterfront estate in St. Tropez, France.
The property, sprawling across roughly 2 acres with at least four structures, adds to Griffin’s already impressive real estate empire, according to the Wall Street Journal, which first reported this French Riviera purchase.
The transaction, which flew under the radar until now, was finalized in late June.
The estate is nestled in a secluded enclave of just a few homes, though it remains a mystery whether Griffin plans to scoop up neighboring properties.
He’s keeping mum on his intentions, having declined The Post’s request for comment.
Domaine de la Capilla boasts a star-studded past.
It was once the playground of Gunter Sachs, the celebrity photographer and ex-husband of actress Brigitte Bardot. Sachs, who passed away in 2011, left the property to his sons, Rolf and Christian Gunnar Sachs, who managed the sale.
Situated on Tahiti Beach, at the northern end of the famed Pampelonne Beach, Griffin’s new acquisition sits in the heart of a playground for the rich and famous.
This swanky part of the French Riviera has been a magnet for the elite since Bardot’s 1956 film “And God Created Woman” put it on the map.
Griffin’s splashy purchase is among the priciest ever in St. Tropez, a hotspot currently riding a wave of luxury real estate boom driven by international buyers, especially Americans.
According to Beauchamp Estates, home prices north of $16 million along the southeastern coast of France have surged 15 to 20% in the last five years.
This isn’t Griffin’s first rodeo in the high-end real estate market.
His global portfolio includes a $122 million mansion near Buckingham Palace in London and a roughly $240 million New York City penthouse, whose 2019 purchase shattered the record for the priciest home ever bought in America. It’s a superlative deal that remains to this day.
Down in South Florida, Griffin has been snapping up properties on Miami’s Star Island and in Palm Beach, assembling some of the most opulent estates around.
The Post previously reported that Griffin is on track to build the world’s most expensive home, valued at a jaw-dropping $1 billion.
Real Estate – Latest NYC, US & Celebrity News | New York Post
