Skip to main content

A couple of years after Ken Griffin dropped $200 million on a New York apartment, the aged T. Boone Pickens realized it was time to part with his beloved ranch in the Texas Panhandle. Given that he really didn’t want to, and given that the Citadel chief had just dropped so much on 24,000 square feet on Central Park South, the old wildcatter-turned-corporate-raider decided that $250 million seemed a fair price for a property running 25 miles along the south side of the Canadian River.

Well, it turns out that Griffin actually spent $238 million on his Manhattan pied-a-terre, and that’s still more than anyone is willing to pay for 65,000 acres of north Texas, no matter how many presidents have visited (two), how lush the “river bottomland” is, how many square feet of porches and patios the main house has (10,000), how many stories the pub is (two), how many free-standing gun rooms it boasts (one), how many bird dogs it includes (all of them), or how much sex Pickens had there (lots, according to wife number five). But now that Pickens is dead and the realtors can drop the sentimental premium, the Pickens heirs and charities will have to deal with selling the most expensive ranch ever, and KG will still be sitting atop the real-estate league tables.

Brokers selling the late T. Boone Pickens's 101-square-mile Texas Panhandle ranch have knocked $30 million off its original $250 million price tag….

“It’s like a five-star resort—it’s just a gorgeous place,” he said. “It’s got man-made lakes, waterfalls, a man-made river, a golf course, a huge airport, a 35,000-square-foot lodge and T. Boone’s Lake House.”

You never know: Griffin might buy Mesa Vista. He’s probably looking for a place in Texas anyway, and even though the ranch is 500 miles from Austin, it is the most expensive that Texas offers, and it does have an airport.

After Price Cut, Former Texas Ranch of T. Boone Pickens Now Lists for $220 Million [Mansion Global]



Ken Griffin Moves Markets

Even a market that’s hardly moving at all, like the one for a place to live in Manhattan.


Ken Griffin’s Shopping Spree Continues Apace

A mansion in L.A. here, perhaps a pied-a-terre in London there, and oh yea a market-maker with some change fished out of a couch.

star island

Actually Ken Griffin Doesn’t Need Every Piece Of Luxury Real Estate In Miami Beach

He’ll probably just settle for the whole of Star Island. Maybe.

Ken Griffin Tries On, Returns Chicago Apartment

When you own $300 million worth of other real estate, you've got to be picky.


Ken Griffin Spends Extra $38 Million On New York Pied-À-Terra Because Of Course He Did

$200 million does not buy enough comfort for the three or four days KG spends in the Big Apple every year.


Ken Griffin Finds Perfect $100 Million Escape From His $240 Million Apartment

Calvin Klein’s old place in Southampton is just the right getaway for the Citadel chief to spend two or three days a year.