Palantir CEO Alex Karp buys Colorado monastery for record $120 million

Palantir CEO Alex Karp has purchased St. Benedict’s Monastery in Colorado, once home to Trappist monks, for $120 million.

The Aspen-area farm will become the latest in his growing list of real estate properties.

The property is located in Snowmass, Colorado, about 30 minutes from Aspen, and was originally asking $150 million when it went on the market last year, Ken Meier of Meier Ranch Group, one of the listing agents, told the Wall Street Journal.

PALANTIR CEO Says Fentanyl Response Would Be Different ‘If 60,000 Yale Alumni’ Were Dying Instead

The entire 3,700-acre property, including the convent, was sold to Karp, marking the most expensive residential sale to date in Colorado’s Pitkin County, Meier told the newspaper.

The newspaper reported that the church had been owned by Trappist monks for 70 years, although only a few of them still lived there. While Mir did not reveal the identity of the buyer, he indicated that the buyer would not use the property as a home.

PALANTIR CEO Praises Elon Musk’s Ability to Hold ‘Sacred Cows of the Deep State’ Accountable

Palantir CEO Alex Karp has reportedly purchased this former monastery in the Aspen, Colorado area for $120 million. (Willie Fowler/Camera Head Media)

Although this is a record sale, it represents only a small portion of Karp’s net worth. Karp is listed in the Bloomberg Billionaires Index among the world’s richest individuals. As of late 2025, he was the 146th richest person in the world with a net worth of just over $17 billion, according to the index.

Karp is CEO of Denver-based Palantir Technologies, an enterprise software provider he co-founded in 2003. The company, which provides AI-powered tools to help businesses, 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)

PALANTIR partners with STAGWELL on a marketing platform equipped with AI-powered solutions

However, the majority of Karp’s net worth comes from his stake in Palantir Technologies. He owns approximately 2.5% of Palantir’s outstanding shares across multiple classes, according to the company’s 2025 proxy statement and Securities and Exchange Commission filings.

Palantir CEO Alex Karp has reportedly purchased this former monastery in Aspen, Colorado for $120 million. (Willie Fowler/Camera Head Media)

Get FOX Business on the go by clicking here

Palantir CEO Alex Karp has reportedly purchased this former monastery in the Aspen, Colorado area for $120 million. (Willie Fowler/Camera Head Media)