Billionaire hedge fund boss Ken Griffin paid $8 million to fly to space with Jeff Bezos’ Blue Origin — but will donate his seat to a New York schoolteacher, report says

  • Billionaire hedge fund boss Ken Griffin paid $8 million for a seat on a Blue Origin house flight.
  • The Citadel founder positioned the successful bid at a charity public sale Monday night time, Bloomberg reported.
  • He is anticipated to donate his seat to a New York schoolteacher.

Billionaire hedge fund supervisor Ken Griffin has paid $8 million for a ticket to experience a Blue Origin rocket to house.

The Citadel founder received a seat on a New Shepard mission at public sale Monday night time — however will donate it to a New York schoolteacher, Christie’s auctioneer Lydia Fenet informed Bloomberg.

The $8 million Griffin paid represents a $20 million value drop from the primary ticket offered for a crewed Blue Origin spaceflight — though one of many passengers on the primary flight was Blue Origin founder Jeff Bezos.

The proceeds from Monday’s seat sale will go to the Robin Hood basis, a charity preventing poverty in New York, Bloomberg mentioned. The experience purchased by Griffin is set to happen within the first half of 2023, per Bloomberg.

Blue Origin did not instantly reply to Insider’s request for remark.

The successful bid for a seat on Blue Origin’s first crewed mission, which went to public sale virtually a 12 months in the past, was $28 million. The winner, crypto entrepreneur Justin Solar, in the end gave his seat to 18-year-old Oliver Daemen, son of the CEO of Somerset Capital Companions, an funding agency. The cash raised from that public sale went to Blue Origin’s basis Membership for the Future.

A Blue Origin ticket consists of coaching days, on-site lodging at Astronaut Village within the Texas desert, and the precise flight itself, Insider beforehand reported.

Billionaires, together with Bezos and SpaceX CEO Elon Musk, have mentioned they plan to scale back the price of spaceflight to make it inexpensive for the common particular person.

Nonetheless, house legislation consultants informed Insider’s Grace Kay that the present expertise utilized in rocket launches is simply too costly for on a regular basis individuals.

On Monday, Blue Origin introduced the passengers for its fifth crewed launch to the sting of house. They embody investor Evan Dick; Katya Echazarreta, a former NASA check lead and the primary Mexican-born girl to fly to house; and the businessmen Jaison Robinson and Victor Vescovo.

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