"Alex Karp, co-founder and CEO of Palantir Technologies, a leading software and tech company based in Denver, has purchased St. Benedict's Monastery for $120 million, according to The Wall Street Journal and Aspen Times. The purchase near Aspen Snowmass resort includes 3,700 acres in the Capitol Creek Valley, water rights to irrigate 1,500 acres, and the monastery compound. That consists of the monk's residence, a chapel, a communal dining hall, a library, meeting rooms, a retreat center, multiple guest cabins,"
"Trappist Monks originally from Massachusetts built St. Benedict's Monastery in the mid-1950s. Fifty years later, with the monks aging and dwindling in numbers, they were unable to sustain the ranch that was an important source of income. The Trappist Order decided to close the monastery in 2023 and then put it up for sale. The Aspen Times reports that there will be one final public mass at St. Benedict's on Jan. 11 to say farewell."
Alex Karp, co-founder and CEO of Palantir Technologies, purchased St. Benedict's Monastery and its adjacent ranch near Aspen Snowmass for $120 million. The property includes 3,700 acres in Capitol Creek Valley, water rights to irrigate 1,500 acres, and a monastery compound with living quarters, chapel, dining hall, library, meeting rooms, retreat center, guest cabins, and agricultural buildings. Pitkin County recorded a special warranty deed to Espen LLC, linked to Karp. The property had been marketed at $150 million. Trappist monks built and operated the monastery since the 1950s until closure in 2023; a final public mass is scheduled for Jan. 11. Karp's net worth is estimated at $16–18 billion.
Read at The Mercury News
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