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United States billionaire broke auction record for $44.6 million for the largest stegosaurus skeleton

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Quick guide

Billionaire Ken · Griffin bought a dinosaur skeleton called "Vertex" at Sotheby's for $44.6 million, setting a record for the highest auction price ever. The fossil, the largest Stegosaurus ever discovered, preserves 319 of the 254 bones and was excavated by paleontologist Jason · Cooper near Dinosaur Town, Colorado. Griffin plans to lend the skeleton to institutions in the United States to demonstrate his commitment to science and education. This acquisition showcases his philanthropic spirit, such as his previous donation to the Field Museum of Chicago to display the largest Tyrannosaurus rex skeleton. Griffin's actions aim to preserve and share historical artifacts and support scientific and educational projects.

United States billionaire broke auction record for $44.6 million for the largest stegosaurus skeleton

The most valuable fossils are auctioned

Billionaire investor Ken · Griffin, CEO of the Citadel hedge fund, caused a stir when he bought a dinosaur skeleton at Sotheby's for $44.6 million. This purchase broke the auction record and became the most valuable fossil ever sold at auction. The skeleton, named "The Apex", is estimated to be 150 million years old and was excavated in May 2022 by paleontologist Jason · Cooper near Dinosaur Town, Colorado.

United States billionaire broke auction record for $44.6 million for the largest stegosaurus skeleton

Impressive stegosaurus skeleton

Standing at 11 feet tall and 27 feet long, Apex Stegosaurus is estimated to have preserved 254 of the 319 bones, making it the largest Stegosaurus ever discovered. Mr. Griffin beat out six other bidders in a 15-minute auction to acquire the skeleton for $44.6 million, 11 times its lower valuation. The acquisition set a new record for dinosaur fossil sales.

United States billionaire broke auction record for $44.6 million for the largest stegosaurus skeleton

Uses of fossils

After the purchase, Mr. Griffin announced his intention to lend the skeleton to various institutions throughout the United States rather than keep it in private collections. The decision is in line with his past philanthropic efforts, such as donating $16.5 million to the Field Museum in Chicago in 2017 to display the largest T-Rex skeleton ever discovered. Griffin's commitment to preserving and sharing these historical artifacts reflects his commitment to supporting science and educational programs.

United States billionaire broke auction record for $44.6 million for the largest stegosaurus skeleton
United States billionaire broke auction record for $44.6 million for the largest stegosaurus skeleton

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