This Billionaire Won $8 Million Bid for a Seat on Blue Origin’s Space Flight—But He Won’t Be Making the Trip

Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute Global Conference in Beverly Hills, Calif., on May 2, 2022. Patrick T. Fallon/AFP via Getty Images

Hedge fund Citadel’s founder, Ken Griffin, successfully bid for a seat on the New Shepard capsule of Jeff Bezos-founded Blue Origin but will reportedly not be part of its trip to space.

What Happened

Griffin has decided to donate his seat to a school teacher from New York City, Bloomberg reported.

Griffin’s representative and Citadel CTO Umesh Subramanian made the winning $8 million bid in an auction held overnight, the report said.