Mega-Billionaire Ken Griffin Has Moved His Masterpieces to the Beach

In 2015, the hedge fund titan Kenneth C. Griffin became the first person to spend half a billion dollars on art in a single transaction. David Geffen made a deal with Griffin to sell him Willem de Kooning’s boldly colored abstract masterpiece Interchange for $300 million, and Jackson Pollock’s Number 17A—the splatter painting Life magazine plastered in its pages in 1949, minting Jack the Dripper an American celebrity—for $200 million. Griffin could have scurried away with the masterpieces to one of his homes: a $238 million apartment at 220 Central Park West and a $120 million London mansion near Buckingham… Read Full Article