Ken Griffin Expands Real Estate Empire With $90 Million St. Tropez Purchase

Hedge fund kingpin Ken Griffin's real estate empire just got bigger with the $90 million purchase of a fancy new pad in St. Tropez.

According to the Wall Street Journal, the 2-acre property with four buildings adds to Griffin's already impressive real estate collection, which first reported the acquisition on the French Riviera. The estate is in a secluded area with just a handful of neighbors. The deal, which closed in late June, is among the priciest ever in St. Tropez.

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Domaine de la Capilla carries the star-studded legacy of Gunter Sachs, the legendary photographer and former husband of iconic actress Brigitte Bardot.

The property, a playground for the elite during Sachs' ownership, was passed down to his sons before finding its way into Griffin's hands.

Situated on Tahiti Beach, a northern extension of the world-renowned Pampelonne Beach, Griffin's acquisition puts him at the epicenter of St. Tropez's glamorous lifestyle. The exclusive enclave on the French Riviera, catapulted to international fame by Bardot's 1956 film "And God Created Woman," has long been a favored destination for the rich and famous.

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St. Tropez has long been a magnet for the rich and famous. In addition to Bardot, Johnny Depp once owned a massive estate in Plan de la Tour, near St. Tropez. Brad Pitt and Angelina Jolie spent considerable time in the region and owned properties nearby. Leonardo DiCaprio is often spotted enjoying the St. Tropez lifestyle, though property ownership is unclear, and model Kate Moss is a frequent visitor to the area. 

High-end real estate along France's southeastern coast is booming. According to Beauchamp Estates, home prices higher than $16 million have skyrocketed by 15% to 20% in the past five years.

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Griffin is no stranger to this ultraluxury market. His global property portfolio boasts a $122 million mansion near Buckingham Palace and a record-breaking $240 million New York City penthouse, a title it still holds from its 2019 purchase.

Griffin also has been making significant real estate investments in South Florida, amassing multiple properties on Miami's exclusive Star Island and Palm Beach. The acquisitions are part of his strategy to create some of the most lavish estates in the country. The billionaire is reportedly on track to build the world's most expensive home, estimated to be worth $1 billion.

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