Billionaire Breaks Auction Record with $45 Million Dinosaur Skeleton Purchase

Billionaire Breaks Auction Record with $45 Million Dinosaur Skeleton Purchase

Post by : Kanchan Chandel

July 20, 2024 5:20 p.m. 1460

Photo: AP

Ken Griffin Breaks Auction Records with $44.6 Million Dinosaur Skeleton Purchase

Ken Griffin, founder and CEO of Citadel, has made headlines by purchasing a dinosaur skeleton for $44.6 million, setting a new record for the most valuable fossil ever sold at auction. This remarkable acquisition surpasses previous auction highs, reflecting Griffin's deep interest in paleontological treasures.

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The skeleton, a stegosaurus believed to be around 150 million years old from the late Jurassic period, stands 11 feet high and has been aptly named “Apex.” It was excavated in Colorado in May 2022. After the purchase, Griffin proudly declared, "Apex was born in America and is going to stay in America," emphasizing his commitment to keeping this extraordinary piece of history within the country.

CNBC reported on Griffin's record-breaking purchase, while The Wall Street Journal was the first to identify him as the buyer. Griffin’s acquisition underscores the growing value and fascination with rare fossils among high-net-worth individuals.

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