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Palantir CEO Alex Karp and Lumen CEO Kate Johnson join Liz Claman in a Fox Business exclusive to discuss a multibillion-dollar deal to build rapid AI infrastructure.
Palantir CEO Alex Karp bought Colorado’s St. Benedict Monastery, once home to Trappist monks, for $120 million.
The Aspen-area ranch will become the latest in his growing list of real estate properties.
The property resides in Snowmass, Colo., about 30 minutes from Aspen, and was originally asking $150 million when it hit the market last year, said Ken Mirr of Mirr Ranch Group, one of the listing agents. he told the Wall Street Journal.
Palantir CEO Alex Karp has purchased this former monastery in Aspen, Colorado for $120 million. (Willie Fowler/Camera Head Media)
The Entire land of 3,700 acres, including the monastery itself, was sold to Karp, marking the most expensive residential sale to date in Colorado’s Pitkin County, Mirr told the Journal.
For 70 years, it was owned by Trappist monks, although only a few still live there, the Journal reported. While Mirr did not disclose the identity of the buyer, he noted that the buyer will not be using the property as a home.
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Palantir CEO Alex Karp has bought this former monastery in the Aspen, Colo., area for $120 million. (Willie Fowler/Camera Head Media)
While that’s a record sale, it’s only a fraction of Karp’s net worth. Karp is listed on the Bloomberg Billionaires Index alongside the world’s richest individuals. At the end of 2025, he ranks as the 146th richest person in the world with a net worth of just over $17 billion, according to the index.
| Ticker | security | last | change | % change |
|---|---|---|---|---|
| PLTR | PALANTIR TECHNOLOGIES INC. | 177.82 | -3.02 |
-1.67% |
Karp is the CEO of Denver-based Palantir Technologies, an enterprise software provider he co-founded in 2003. The company, which provides artificial intelligence-backed tools to help corporate, government and military entities analyze data, went public in 2020.
The stock has advanced more than 135% this year.
Palantir CEO Alex Karp has purchased this former monastery in the Aspen, Colorado area for $120 million. (Willie Fowler/Camera Head Media)
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However, the majority of Karp’s net worth comes from his stake in Palantir Technologies. It owns approximately 2.5%. Palantir shares outstanding in various classes, based on the company’s 2025 proxy statement and SEC filings.
Palantir CEO Alex Karp has bought this former monastery in Aspen, Colo., for $120 million. (Willie Fowler/Camera Head Media)
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Palantir CEO Alex Karp has bought this former monastery in the Aspen, Colo., area for $120 million. (Willie Fowler/Camera Head Media)
