Palantir Technologies(US:PLTR) Fox Business·2025-12-31 20:31Core Insights - Palantir CEO Alex Karp purchased St. Benedict's Monastery in Colorado for $120 million, marking the highest residential sale in Pitkin County to date [1][4]. - The property, originally listed at $150 million, spans 3,700 acres and was owned by Trappist monks for 70 years [1][4]. - Karp's net worth is over $17 billion, ranking him as the 146th richest person globally, with a significant portion derived from his 2.5% stake in Palantir Technologies [7][11]. Company Overview - Palantir Technologies, co-founded by Karp in 2003, specializes in AI-driven data analysis tools for corporate, government, and military clients [7]. - The company went public in 2020 and has seen its shares increase by over 135% in 2023 [8]. Real Estate Investment - Karp's acquisition of the monastery adds to his expanding real estate portfolio, although he does not intend to use the property as a residence [4].