Palantir CEO Alex Karp and Lumen CEO Kate Johnson join Liz Claman on a Fox Business special to discuss a multi-million dollar deal to build a fast AI infrastructure.
Palantir CEO Alex Karp bought the Colorado monastery of St.
The Aspen-area ranch will be the latest in his growing list of residences.
The property is located in Snowmass, Colorado, which is about 30 minutes from Aspen, and was originally asking $150 million when it went on the market last year, Ken Mirr of the Mirr Ranch Group, one of the listing agents, told the Wall Street Journal.
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Palantir CEO Alex Karp reportedly bought the former palace in Aspen, Colo., for $120 million. (Willie Fowler/Camera Head Media)
The entire 3,700-acre property, including the monastery, was sold to Karp, marking the most expensive residential property to date in Colorado’s Pitkin County, Mirr told the Journal.
For 70 years, it was under the ownership of Trappist monks, although there are still a few who still live there, the Journal reported. Although Mirr did not disclose the buyer’s identity, he noted that the buyer will not be using the property as a home.
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Palantir CEO Alex Karp reportedly bought the former mansion in Aspen, Colo., for $120 million. (Willie Fowler/Camera Head Media)
Although it is a record-breaking auction, it is only a fraction of Karp’s total value. Karp is listed in Bloomberg’s Billionaires index among the richest people in the world. As of late 2025, he was the 146th richest person in the world with a net worth of more than $17 billion, according to the index.
| A ticker | Security | Finally | Change | change % |
|---|---|---|---|---|
| PLTR | Company PLANTIR TECHNOLOGIES INC. | 177.82 | -3.02 |
-1.67% |
Karp is CEO of Denver-based Palantir Technologies, a business software provider he co-founded in 2003. The company, which provides artificial intelligence-backed tools to help companies, government and military organizations analyze data, went public in 2020.
Shares have advanced more than 135% this year.
Palantir CEO Alex Karp has reportedly purchased this former palace in Aspen, Colorado for $120M. (Willie Fowler/Camera Head Media)
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However, most of Karp’s net worth comes from his stake in Palantir Technologies. He owns about 2.5% of Palantir’s outstanding shares in most shares, according to the company’s 2025 proxy statement and SEC filing.
Palantir CEO Alex Karp reportedly bought the former palace in Aspen, Colo., for $120 million. (Willie Fowler/Camera Head Media)
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Palantir CEO Alex Karp reportedly bought the former mansion in Aspen, Colo., for $120 million. (Willie Fowler/Camera Head Media)
