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szdaily -> Kaleidoscope -> 
Billionaire buys most expensive US home
    2019-01-29  08:53    Shenzhen Daily

IN a record-setting deal, billionaire Ken Griffin has paid US$238 million for a massive penthouse towering over Central Park in New York City.

The sale shatters the previous price record, which was set in 2014 when hedge fund manager Barry Rosenstein reportedly shelled out US$137 million for a Hamptons estate.

As first reported by the Wall Street Journal, the mammoth transaction caps a series of eye-popping purchases for Griffin. The Citadel hedge fund founder shelled out US$122 million for a London mansion half a mile (8,000 meters) from Buckingham Palace last month.

Last year, he paid US$58.75 million for the top four floors of a condo building in Chicago, and he also spent US$60 million on a double-unit penthouse in Miami’s Faena House in 2015.

Located at 220 Central Park South, the penthouse spans 24,000 square feet (2,229 square meters) across two apartments.

The building is still under construction. It’s clad in Alabama Silver Shadow limestone and comprised of an 18-story villa and a 79-story tower. Taking in views of Central Park, it offers amenities such as private dining rooms, entertaining spaces, an athetic club and a spa.

Reports of the deal first surfaced four years ago, with the transaction finally closing now that the tower is closer to completion.

In California, spec houses and even empty patches of land have listed for more than US$238 million. So far, nothing has traded hands for anywhere near that price.

Last year in Beverly Hills, a 157-acre (63.5-hectare) property branded as the city’s finest undeveloped parcel hit the market for US$1 billion, but it hasn’t found a buyer. Handbag tycoon Bruce Makowsky offered up his Bel-Air mega-mansion for US$250 million in 2017, but subsequent price cuts have lowered the tag to US$150 million.

There are 12 homes on the market for more than US$100 million and only one is listed for more than US$238 million: the Bel-Air estate of late Univision billionaire A. Jerrold Perenchio. Known as Chartwell, the 25,000-square-foot mansion sits on over 10 acres of manicured gardens. It’s on the market for US$245 million.

The priciest home sale in California history came in 2013, when a neoclassical-style mansion sold for US$117.5 million in Woodside, an affluent community in Silicon Valley.

Malibu’s Carbon Beach holds the record for L.A. County. Last year, hotelier Peter Morton sold his oceanfront home for US$110 million.

(SD-Agencies)

A Sydney woman in her 40s has taken home the entire $100 million Powerball jackpot in Thursday night’s game, setting Australian lottery history as the biggest individual prize ever won.

An official from the Lott called the registered player directly after the draw to break the news. When confirming the news, the winner initially revealed she thought she had won $107,000.

The regular player, who wished to remain anonymous, purchased her 12-game marked entry online.

“I don’t understand what is going on,” she told the Lott.

“I’ve had such a tumultuous day, so I don’t know where I am and what I am doing.

“I don’t understand – is this actually real?

“Is this a trick?

“Oh my God, $107,000! That’s amazing!

“Wait – are you telling me I’ve won $107 million? Oh my God! That is just so much money.”

When asked how she planned to spend her windfall, the winner revealed her family was first and foremost in her mind.

“I’m a healthcare professional but I won’t be retiring. I’m so passionate about my job. It will drive me to do more health work for causes important to me,” she said.

“I’ll be sharing it with my family. I thought of my family when I purchased the ticket.

“I’m not quite sure what to do but of course I will be helping my family.

“I’ll be giving my favourite charity some money. They’ll get a whole slab of money.

“The win gives me the chance to go and do the things I’ve always wanted to do.

“We might buy a caravan and travel around too.”

The numbers drawn in Thursday night’s Powerball draw were 20, 18, 33, 22, 11, 26 and 4 and the Powerball was number 9.

Across Australia, there was only one division one winning entry in the draw – the entry from NSW.

The winner recounted how she came to hold the division one-winning entry.

“It was so random. I just decided to log-on yesterday and mark an entry with some random numbers,” she said.

“I’m not sure how I will be able to sleep tonight, but for now I’m going to go have a cheap glass of chardonnay.”

The winner’s division one prize was boosted to $107,575,649.08 due to the number of entries purchased in Thursday night’s draw.

The division one-winning entry was the only entry nationally to match all seven winning numbers and the Powerball in draw 1183, re-writing the record books and setting Australian lottery history as the biggest individual prize ever won.

Thursday’s draw also saw a total of 3,856,275 prizes worth more than $68.4 million won in divisions two to nine. This included 20 division two winning entries that each took home a division two prize of $94,792.90.

(SD-Agencies)

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