Top Investing Today
  • Investing
  • Politics
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Economy
  • Editor’s Pick
No Result
View All Result
Top Investing Today
No Result
View All Result
Home Editor's Pick

Ken Griffin’s $44.6 million stegosaurus skeleton acquisition sets auction record

BoldThemes by BoldThemes
July 18, 2024
in Editor's Pick
0
Ken Griffin’s $44.6 million stegosaurus skeleton acquisition sets auction record
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Billionaire investor Ken Griffin, renowned for his acquisitions, made headlines by purchasing a late-Jurassic stegosaurus skeleton named “Apex” at Sotheby’s auction for a record-breaking $44.6 million.

This acquisition marks the highest price ever paid for a fossil at auction, surpassing initial estimates by a significant margin.

Apex: A remarkable specimen

“Apex,” a remarkable specimen dating back 150 million years, stands 11 feet tall and spans nearly 27 feet in length.

Composed of 254 fossil bone elements and remarkably intact, it was excavated in Moffat County, Colorado, showing minimal signs of trauma or scavenging, indicative of a peaceful prehistoric existence.

“Apex was born in America and is going to stay in America!” Griffin, the founder and CEO of hedge fund Citadel, said after the sale.

“Apex,” with its near-complete skeleton and iconic stegosaurus features, presents a unique opportunity for scientific study and public engagement.

These dinosaurs, known for their distinctive plates and spiked tails, are rarely found in such completeness, making “Apex” invaluable for paleontological research and public education.

Griffin secured the skeleton after a spirited 15-minute bidding war involving six other participants, underscoring its scientific and cultural significance.

Following the purchase, Griffin expressed plans to keep “Apex” in the United States, potentially on loan to a U.S. institution, aligning with his philanthropic history of supporting cultural and scientific endeavors.

This acquisition adds to Griffin’s portfolio of historically significant items. In 2018, he donated $16.5 million to Chicago’s Field Museum for the display of a giant herbivorous dinosaur cast, highlighting his commitment to public access and education in paleontology.

In 2021, Griffin made headlines again by acquiring a $43.2 million first-edition U.S.

Constitution, further demonstrating his passion for preserving and sharing cultural treasures. The document is currently on display at the Crystal Bridges Museum of American Art in Arkansas, enriching public understanding of American history.

Griffin’s commitment to science and education is evident in his strategic acquisitions, which aim to enrich cultural heritage and inspire future generations.

Through initiatives like displaying “Apex” in educational institutions, Griffin continues to foster a deeper appreciation for natural history and scientific inquiry, leaving a lasting impact on the fields of paleontology and education alike.

The post Ken Griffin’s $44.6 million stegosaurus skeleton acquisition sets auction record appeared first on Invezz

Previous Post

Amazon Prime Day 2024 smashes sales records with $14 billion; stock declines despite high demand

Next Post

Domino’s Pizza stock crashes as American consumer struggles with rising food prices

BoldThemes

BoldThemes

Next Post
Domino’s Pizza stock crashes as American consumer struggles with rising food prices

Domino’s Pizza stock crashes as American consumer struggles with rising food prices

  • Trending
  • Comments
  • Latest
The Connectivity Standards Alliance Product Security Working Group Launches the IoT Device Security Specification 1.0

The Connectivity Standards Alliance Product Security Working Group Launches the IoT Device Security Specification 1.0

March 19, 2024
Israel says UN ‘deceiving’ world over aid delays to Gaza

Israel says UN ‘deceiving’ world over aid delays to Gaza

March 28, 2024
Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

February 6, 2024
Gold and Silver Set to Smash Records: Could 2024 Be Their Biggest Year Yet?

Gold and Silver Set to Smash Records: Could 2024 Be Their Biggest Year Yet?

May 17, 2024

Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

0
Amid growing criticism of Biden foreign policy, experts credit wins while leaving room for improvement

Amid growing criticism of Biden foreign policy, experts credit wins while leaving room for improvement

0
Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

0
Precision Manufacturing For Sensitive Equipment With CNC Machining

Precision Manufacturing For Sensitive Equipment With CNC Machining

0

Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

May 9, 2025

Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say

May 9, 2025

Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

May 9, 2025

Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

May 9, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

    May 9, 2025

    Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say

    May 9, 2025

    Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

    May 9, 2025

    Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

    May 9, 2025
    • About Us
    • Privacy Policy
    • Terms & Conditions
    • Contact

    Copyright © 2024 Topinvestingtoday.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Politics
    • Stock
    • Economy
    • Editor’s Pick

    Copyright © 2024 Topinvestingtoday.com. All Rights Reserved.