{"id":5477,"date":"2024-07-19T15:07:16","date_gmt":"2024-07-19T15:07:16","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/07\/19\/citadels-ken-griffin-buys-a-stegosaurus-for-45-million-in-a-record-auction-sale\/"},"modified":"2024-07-19T15:07:16","modified_gmt":"2024-07-19T15:07:16","slug":"citadels-ken-griffin-buys-a-stegosaurus-for-45-million-in-a-record-auction-sale","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/07\/19\/citadels-ken-griffin-buys-a-stegosaurus-for-45-million-in-a-record-auction-sale\/","title":{"rendered":"Citadel\u2019s Ken Griffin buys a stegosaurus for $45 million in a record auction sale"},"content":{"rendered":"

Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby\u2019s Wednesday, marking the most valuable fossil ever sold at auction.<\/p>\n

The 150 million-year-old stegosaurus named \u201cApex\u201d measures\u00a011 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.<\/p>\n

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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.<\/p>\n

\u201cApex was born in America and is going to stay in America!\u201d Griffin said after the sale.<\/p>\n

Apex shows no signs of combat-related injuries or evidence of post-mortem scavenging, Sotheby\u2019s said. The stegosaurus was excavated on private land in Moffat County, Colorado.<\/p>\n

In 2018, Griffin gifted $16.5 million to Chicago\u2019s Field Museum to help fund the display of a touchable cast of the biggest dinosaur ever discovered\u00a0\u2014\u00a0a giant, long-necked herbivore from Argentina.<\/p>\n

In 2021, he paid $43.2 million\u00a0for a first-edition copy of the U.S. Constitution,\u00a0outbidding a group of cryptocurrency investors. He later loaned it to the Crystal Bridges Museum of American Art in Arkansas.<\/p>\n<\/p>\n

This post appeared first on NBC NEWS<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus…<\/p>\n","protected":false},"author":1,"featured_media":5478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-5477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/5477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/comments?post=5477"}],"version-history":[{"count":0,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/5477\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media\/5478"}],"wp:attachment":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media?parent=5477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/categories?post=5477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/tags?post=5477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}