Ken Griffin Purchases Palm Beach Property for $83 Million (1)

Billionaire Ken Griffin snapped up a property on Palm Beach’s Worth Avenue for $83 million, located next to a former Neiman Marcus store that his firm has planned to use as an office.

With the latest purchase, Griffin now owns both properties at 125 Worth Ave. and 151 Worth Ave., according to spokesman Zia Ahmed. The seller of 125 Worth Ave. was the Frisbie Group and Dreyfuss Management, said Rob Frisbie, a principal of the Frisbie Group.

125 Worth Ave. in Palm Beach.

Source: Google Maps

Griffin has been boosting his Florida presence after moving headquarters for Citadel and Citadel Securities to the state. Griffin plans to build ...