This Billionaire Won $8 Million Bid for a Seat on Blue Origin’s Space Flight—But He Won’t Be Making the Trip

6 days ago 71

Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute Global Conference successful  Beverly Hills, Calif., connected  May 2, 2022. (Patrick T. Fallon/AFP via Getty Images)

Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute Global Conference successful Beverly Hills, Calif., connected May 2, 2022. (Patrick T. Fallon/AFP via Getty Images)

Hedge fund Citadel’s founder, Ken Griffin, successfully bid for a spot connected the New Shepard capsule of Jeff Bezos-founded Blue Origin but volition reportedly not beryllium portion of its travel to space.

What Happened

Griffin has decided to donate his spot to a schoolhouse teacher from New York City, Bloomberg reported.

Griffin’s typical and Citadel CTO Umesh Subramanian made the winning $8 cardinal bid successful an auction held overnight, the study said.

The NYC teacher to whom the spot would spell was selected by the philanthropic organization, Robinhood Foundation.

The instauration is reportedly successful the process of screening different schoolhouse teacher from the city.

The auction, held astatine Manhattan’s Javits Center, was organized by Christie’s. The lawsuit was attended by Bezos and it raised $126 cardinal collectively, including $10 cardinal from the Bezos Family Foundation, and the proceeds would spell toward the Robinhood Foundation, the study said.

The space flight is scheduled for the archetypal fractional of 2023.

A spot successful Blue Origin’s July 2021 maiden spaceflight, which carried Bezos and his member Mark, was auctioned retired for $28 million.

By Shanthi Rexaline

© 2022 The Epoch Times. The Epoch Times does not supply concern advice. All rights reserved.

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