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Palantir CEO Alex Karp and Lumen CEO Kate Johnson join Liz Claman in a Fox Business exclusive to discuss a multimillion-dollar deal to build rapid AI infrastructure.
Palantir CEO Alex Karp purchased 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 holdings.
The property is located in Snowmass, Colo., about 30 minutes from Aspen, and was initially asking $150 million when it went on the market last year, said Ken Mirr of Mirr Ranch Group, one of the listing agents, told the Wall Street Journal.
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Palantir CEO Alex Karp reportedly purchased this ancient monastery in Aspen, Colorado for $120 million. (Willie Fowler/Camera Head Media)
THE entire property of 3,700 acres, including the monastery, was sold to Karp, marking the most expensive residential sale to date in Pitkin County, Colorado, Mirr told the Journal.
For 70 years, it belonged to Trappist monks, although only a few still live there, reports the Journal. Although Mirr did not disclose the identity of the buyer, he noted that the buyer would not use the property as a home.
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Palantir CEO Alex Karp reportedly purchased this ancient monastery located in the Aspen, Colorado area for $120 million. (Willie Fowler/Camera Head Media)
Although this is a record sale, it represents only a fraction of Karp’s net worth. Karp is listed on Bloomberg’s Billionaires Index as one of the world’s richest individuals. At the end of 2025, he was the 146th richest person in the world with a net worth of just over $17 billion, according to the index.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| PLTR | PALANTIR TECHNOLOGIES INC. | 177.75 | -3.09 |
-1.71% |
Karp is the CEO of Denver-based Palantir Technologies, an enterprise software provider he co-founded in 2003. The company, which provides artificial intelligence-based tools to help businesses, governments and military entities analyze data, became publicly traded in 2020.
Stocks are up more than 135% this year.
Palantir CEO Alex Karp reportedly purchased this ancient 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% of Palantir Outstanding Shares in multiple classes, according to the company’s 2025 proxy statement and SEC filings.
Palantir CEO Alex Karp reportedly purchased this ancient monastery in Aspen, Colorado, for $120 million. (Willie Fowler/Camera Head Media)
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Palantir CEO Alex Karp reportedly purchased this ancient monastery in the Aspen, Colorado area for $120 million. (Willie Fowler/Camera Head Media)
