- Cliff Asness , the founder of AQR Capital Management , has listed his Miami penthouse for $29.5 million less than a year and a half after buying it, according to Mansion Global .
- Asness purchased the 6,807-square-foot penthouse in May 2018 for $26 million. The property's listing agents told Mansion Global that Asness is now looking for larger Florida digs.
- Here's a look inside the apartment that sits on South Beach's iconic Ocean Drive and has floor to ceiling windows displaying wraparound views of Miami.
- Visit Business Insider's homepage for more stories.
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Billionaire hedge-fund manager Cliff Asness just listed his Miami penthouse for $29.5 million only a year after buying it because he wants to upgrade to a bigger home. Here's a look inside.
Courtesy of Douglas Elliman
Cliff Asness is the founder of AQR Capital Management, a firm that manages over $200 billion. He has a net worth of $2.6 billion.
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Cliff Asness , the billionaire founder of AQR Capital Management , just listed his luxurious Miami Beach apartment for $29.5 million, according to Mansion Global.
Asness has a net worth of $2.6 billion , per Forbes. Business Insider previously reported that his firm manages over $200 billion in assets.
He purchased the penthouse in May 2018 for $26 million from Boris Jordan, the chairman of Curaleaf, the biggest marijuana company in the US . Now, Mansion Global reports that he is looking for a larger Florida home.
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The listing is a five-bedroom, five-bathroom, full-floor penthouse with sweeping views of Miami along with a private deck and pool. The building is situated on South Beach's iconic Ocean Drive .
Eloy Carmenate and Mick Duchon of Douglas Elliman Real Estate hold the listing.
Keep reading for a look inside the sun-drenched luxury apartment.
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- Kanye West and Kim Kardashian just expanded their 'minimal monastery' compound in Hidden Hills by dropping nearly $3 million on a neighboring home. Here's a look inside the couple's growing real-estate portfolio.
- Wealthy millennials want homes that are within walking distance of their social lives, and it's redefining how they're thinking about traditional luxury locations
SEE ALSO: Cliff Asness' AQR has placed bets against Adyen and Worldline, two of Europe's biggest players in the buzzy payments space
NOW READ: $203 billion asset manager Cliff Asness says he'll stick with his trademark investing style 'like grim death' despite bleeding assets
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