Palantir CEO Alex Karp and Lumen CEO Kate Johnson join Liz Claman in an exclusive Fox Business conversation to discuss a multimillion-dollar deal to create high-speed AI infrastructure.
Palantir CEO Alex Karp bought the St. Benedict Monastery in Colorado, once home to Trappist monks, for a hefty $120 million.
The Aspen-area ranch will become the latest in his growing list of real estate ventures.
The property is located in Snowmass, Colorado, about 30 minutes from Aspen, and was originally asking $150 million when it hit the market last year. Ken Mirr of Mirr Ranch Group, one of the brokers, told The Wall Street Journal.
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Palantir CEO Alex Karp has reportedly purchased this former monastery in Aspen, Colorado 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 home 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 reveal the identity of the buyer, he noted that the buyer will not use the property as a home.
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Palantir CEO Alex Karp has reportedly purchased this former monastery in the Aspen, Colorado area for $120 million. (Willie Fowler/Camera Head Media)
While it’s a record sale, it’s only a fraction of Karp’s net worth. Karp is listed on Bloomberg’s Billionaire Index, one of the richest individuals in the world. 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.
| Ticker | 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-enabled tools to help corporate, government and military entities analyze data, went public in 2020.
Shares are up more than 135% this year.
Palantir CEO Alex Karp has reportedly purchased this former monastery in the Aspen, Colorado area for $120 million. (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 across multiple classes, according to the company’s 2025 proxy statement and SEC filings.
Palantir CEO Alex Karp has reportedly purchased this former monastery in Aspen, Colorado for $120 million. (Willie Fowler/Camera Head Media)
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Palantir CEO Alex Karp has reportedly purchased this former monastery in the Aspen, Colorado area for $120 million. (Willie Fowler/Camera Head Media)
