you are viewing a single comment's thread
view the rest of the comments
[–] 7 points 3 weeks ago (3 children)

"Woodlands" is a stretch, as the property sits around or above the tree line (elevation thingy). Allegedly Mr Karp is a big skiing enthusiast with several properties in Norwegian skiing spots already. However, 240M SEK seems a bit much for a property he can't reasonably have an ROI on. I have a hard time believing there won't be data centers built on the property within 5 years.

  • source
  • parent
  • hideshow 3 child comments
  • [–] 5 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

    240M SEK is roughly 24M USD

    Alex Karp had a net worth in excess of 18B USD in 2025 if wikipedia is to be believed.

    This is 1/800th of his net worth, or 0.125%

    It's not like he needs to monetize this land immediately to keep making money from the rest of his net worth

    Edited because I made a silly mistake in conversion rates. 1 sek is roughly 0.1 USD, not 10 USD.

  • source
  • parent
  • hideshow 2 child comments