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Citadel CEO Ken Griffin's Stegosaurus fossil will be displayed at the American Museum of Natural History.
Griffin purchased the fossil — dubbed Apex — for $44.6 million in July.
The fossil is 150 million years old and nearly 80% complete.
Citadel CEO Ken Griffin's Stegosaurus fossil has found a temporary home at the American Museum of Natural History.
The 150-million-year-old fossil known as "Apex" will be displayed at the Manhattan-based museum starting December 8. It will arrive at the American Museum of Natural History as part of a special loan from Griffin, who purchased it during a Sotheby's auction for $44.6 million in July.
Commercial paleontologist Jason Cooper discovered Apex in May 2022 at Morrison Formation near Dinosaur, Colorado. It is 11.5 feet tall, 27 feet long, and nearly 80% complete. Apex is thought to be the largest and one of the most complete Stegosaurus specimens discovered so far.
Sotheby's, which initially expected the fossil to go for about $6 million, said in a statement that Apex set off a "bidding battle" and was "the most valuable fossil ever sold at auction."
At the time, some paleontologists argued it shouldn't have been privately sold but rather used for educational purposes.
"We are thrilled to have Apex on view at the Museum and grateful to Ken Griffin for his commitment to sharing this magnificent specimen with the public and for partnering with our Museum to do so," Sean M. Decatur, President of the American Museum of Natural History, said in a press release.
The press release said Griffin's decision to loan the fossil will allow scientists in the museum's Division of Paleontology to study it as part of a new research initiative.
A representative for Griffin said he also provided sampling needed for scientific research and funding for educational programming. A postdoctoral fellow will also have the opportunity to research Apex alongside other Stegosaurus specimens.
"Apex offers a unique window into our planet's distant past, and I'm so pleased to partner with the American Museum of Natural History to showcase it at one of our country's preeminent scientific institutions," Griffin said in a statement to Business Insider. "I am grateful that millions of visitors and researchers will now be able to see and learn from this magnificent specimen of the Late Jurassic Period."
He added: "The joy and awe every child feels coloring a Stegosaurus with their crayons will now be brought to life for the millions of people who have the opportunity to see this epic dinosaur in person."
Billionaires are relocating more since the COVID-19 pandemic, per a report from Swiss bank UBS.
UBS said that Switzerland, the UAE, Singapore, and the United States are popular destinations.
"The shock of the pandemic put a premium on first-class healthcare," UBS wrote.
Billionaires have increased the frequency at which they are relocating overseas since the COVID-19 pandemic struck, the annual Billionaire Ambitions Report from UBS says.
The Swiss banking giant's report, which tracks sentiment among the world's superrich, found that since 2020, 176 billionaires have relocated around the world. With a global population of 2,682 as of April 2024, this represents around one in 15 billionaires, or roughly 6.5%.
The outflow of billionaires between 2020 and 2024 was most pronounced in Eastern Europe, where there was a net outflow of 29 billionaires, likely reflecting ultrarich citizens leaving the region amid the conflict between Russia and Ukraine.
Central and South America, Oceania, and Southeast Asia also saw net outflows of billionaires, UBS said.
Meanwhile, billionaires have been moving to countries including Switzerland, the UAE, Singapore, and the United States.
The Middle East and Africa region has also attracted new billionaires, with individuals with a combined net worth of over $400 billion moving to the region in the past four years.
UBS notes that one driving factor behind the superrich relocating is the increased value of good healthcare in the post-pandemic world.
"The shock of the pandemic put a premium on first-class healthcare," the report's authors wrote.
"As a group, billionaires are ageing, and their families are growing. Naturally, healthcare and education become more important."
Another driver, UBS said, is moving to "jurisdictions where legal structures support wealth transfer."
In other words, living in a place where the transfer of wealth through inheritance and other means is not subject to high levels of taxation.
"People are relocating to jurisdictions not just for tax benefits, but also for safety and political reasons," one American billionaire told the authors of the survey.
"I moved several years ago with my family to a country, state and city that affords the benefits most seek," the unnamed billionaire added.
"Unless the political divide addresses failed policies that have yet to curb crime, lack of rule of law and safety, as well as fostering an economic climate that unleashes potential, I fear the trend will continue."
According to UBS, total billionaire wealth rose by 121% worldwide from $6.3 trillion to $14 trillion between 2015 and 2024. At the same time, the number of billionaires grew from 1,757 to 2,682. This number peaked in 2021, when there were 2,686 — and has flatlined since.
And that's not to mention the individual net worths of his adult children: a reported $25 million each for both Donald Trump Jr. and Eric Trump, according to Forbes estimates from 2019; and a reported $10 million for Tiffany Trump, according to Celebrity Net Worth. Ivanka Trump, who runs her own business, has the largest net worth of all the children. She and her husband Jared Kushner are estimated to be worth around $1.1 billion, as best ascertained by ethics filings reflecting the couple's real estate holdings and additional investments.
Combined, that means the entire Trump family's fortune could be well over $6.7 billion.
From pricey penthouses and expensive schooling to high-end shopping and a full-on aviation fleet, here's how they spend their money.
Donald Trump's net worth is currently estimated to be $5.6 billion.
According to his executive branch personnel public financial disclosure report, he earned anywhere from $597,396,914 to $667,811,903 between January 2016 and spring 2017.
Nearly $3.6 billion of Trump's wealth comes from his brand businesses — an estimated $3.5 billion from the Trump Media and Technology Group, and $96 million comes from the Trump Hotel Management & Licensing Business.
Before he was elected to the White House, Trump spent $66 million of his own money on his presidential campaign, according to campaign finance disclosures examined by Reuters.
Trump often traveled during his campaign using his huge aircraft fleet. He reportedly bought a Boeing 727 for $8 million back in the day, and then replaced it in 2010 with a Boeing 757 that he bought from Microsoft's Paul Allen for $100 million.
According to the New York Times, it burns fuel at a rate of thousands of dollars an hour.
Trump has an affinity for Brioni suits, which range from $5,250 to $6,900. While the brand supplied him with suits during "The Apprentice," he started paying for them during his 2016 presidential campaign.
Melania Trump also has a taste for pricey fashion. She's been spotted wearing everything from a $2,095 Givenchy cape dress at an International Red Cross Ball to a $7,995 Monique Lhuillier sequined gown at a White House Historical Association dinner. And then there's also the time when she donned a $52,000 Dolce & Gabbana jacket.
Melania has had her own makeup artist, Nicole Bryl, who once told US Weekly of Melania's plans to have a "glam room" in the White House. She also has a hairstylist who makes house calls and travels with her.
Melania has said she's a full-time mom and that she refuses to spend money on a nanny. In 2013, she told ABC News that she dresses her son, Barron, in suits and moisturizes him with her brand's Caviar Complex C6 moisturizer. He was seven years old at the time.
In New York, Barron was attending Columbia Grammar and Preparatory School, which can costs upward of $59,000 a year. While he lived in the White House, he attended St. Andrew's Episcopal School in Maryland, which can cost up to $47,000 a year. He later attended the Oxbridge Academy in West Palm Beach, Florida, near his father's Mar-a-Lago club. (Barron is now a student at New York University.)
The three of them lived in the ritzy $50 million penthouse in Trump Tower in New York before moving into the White House in 2017. Trump reportedly has said the penthouse spans 33,000 square feet, but city records indicate that it's actually 10,996 square feet.
They also have a 39,000-square-foot mansion in Bedford, New York, called Seven Springs, for which they reportedly paid $7.5 million. The home, used for family getaways, reportedly has a net value of $25 million.
That includes the estimated $342 million (after liabilities) Mar-a-Lago, a 17-acre estate in Palm Beach that Trump reportedly purchased for $10 million. It has 58 bedrooms, 33 bathrooms, 12 fireplaces, and three bomb shelters.
Donald Trump Jr. also owns real estate in Manhattan. He bought two apartments at the Sovereign for $1.5 million and $1.125 million, Town & Country reported. The publication speculated that he combined the two apartments.
Meanwhile, Ivanka Trump is busy building her own empire. Between January 1, 2016, and May 31, 2017, she earned at least $13.5 million in income, according to forms released by the White House. More than $5 million came from her namesake brand, more than $2.5 million from the Trump Organization, and nearly $800,000 for book and TV work.
Once Trump took up residence in the White House, Ivanka and Jared moved to Washington DC, where they lived in a $5.5 million house in the upscale Kalorama neighborhood.
Like her stepmother, Ivanka also steps out in a mix of high-end and fast fashion, from a $6,280 Oscar de la Renta dress and coat to an $870 Roksanda dress and a $35 Victoria Beckham for Target dress.
Tiffany Trump's schooling was always paid for by Donald Trump, according to a source who talked to People Magazine. She attended the University of Pennsylvania for her undergraduate degree and in 2020 graduated from Georgetown Law School, which costs upwards of $80,000 per year for the full-time JD program.
She's been spotted wearing $725 Aquazarra shoes and has worn couture designer Daniel Basso — whose gowns can cost thousands of dollars — to formal events several times.
Tiffany Trump married businessman Michael Boulos in November 2022 at her father's Mar-a-Lago club in South Florida. Her engagement ring was reportedly worth $1.2 million.
There's debate on the extent of Trump's philanthropic efforts, but in 2009, he and Melania donated $5,000 to $9,999 to the Police Athletic League of New York City. He also donated $1 million of his own money to Hurricane Harvey relief in 2017.