Ken Griffin Pays Record $45 Million for “Apex” Stegosaurus Skeleton
Hedge fund billionaire Ken Griffin made headlines when he purchased the project “Apex” Stegosaurus skeleton at a Sotheby’s auction for nearly $45 million. The fossil, described as the best on the market, far exceeded Sotheby’s estimate of $4 million to $6 million, selling for an exact price of $44.6 million. Griffin’s acquisition set a new record for the price paid for a dinosaur fossil.
Griffin’s Plans for the “Apex” Stegosaurus Skeleton
After the sale, Griffin expressed his intention to loan the specimen to U.S. institutions and share it with the public, rather than keeping it as a private trophy. He emphasized that the “Apex” skeleton, born in the United States, would stay in the country, showcasing his commitment to preserving and promoting American heritage.
Griffin’s Continued Support for Paleontological Endeavors
Griffin’s purchase of the “Apex” skeleton is not his first foray into supporting paleontological initiatives. In 2017, he sponsored a dinosaur exhibit at the Field Museum in Chicago, Illinois, donating $16.5 million for the acquisition of Sue the T. rex. This contribution allowed the museum to enhance its dinosaur experience and create a more scientifically accurate display for visitors.
Griffin’s dedication to keeping the “Apex” fossil in the U.S. contrasts with the Abu Dhabi government’s purchase of Stan, a male T. rex, for nearly $32 million. While Stan was moved to a new natural history museum in Abu Dhabi, Griffin’s acquisition of “Apex” ensures the valuable specimen remains stateside.
Through his actions, Griffin continues to demonstrate his commitment to preserving and promoting paleontological treasures for the benefit of public education and scientific research.
