Billionaire hedge fund boss Daniel Och sells his Central Park penthouse for ...

Billionaire hedge fund boss Daniel Och sells his Central Park penthouse for ...
Billionaire hedge fund boss Daniel Och sells his Central Park penthouse for ...

Daniel Och, the founder, chairman and former CEO of global hedge-fund Och-Ziff Capital Management Group, has sold his penthouse condominium at 220 Central Park South for $190 million. He is pictured here in 2018

Daniel Och, the founder, chairman and former CEO of global hedge-fund Och-Ziff Capital Management Group, has sold his penthouse condominium at 220 Central Park South for $190 million. He is pictured here in 2018

A billionaire hedge fund owner has sold his penthouse condominium overlooking Central Park for $190 million - double what he purchased it four just two years ago.

Daniel Och, the founder, chairman and former CEO of global hedge-fund Och-Ziff Capital Management Group, purchased the penthouse condo at 220 Central Park South in Manhattan's infamous Billionaire's Row in 2019 for $95 million in 2019. At the time, it was the third priciest apartment ever sold in the Big Apple.

Och had also purchased a smaller studio apartment on a lower floor of the building, and had planned to keep the pricey New York pad as a pied-a-terre, the Wall Street Journal reports, using it on occasion when he returned to New York from Florida - where he relocated for tax purposes.

It remains unclear whether the smaller apartment at 220 Central Park South is included in the sale, but Och still owns another penthouse apartment at nearby 15 Central Park West, which he listed for $57.5 million in 2019. It as take off the market about five months ago, according to the Journal.

Och is worth an estimated $4.7 billion, according to Bloomberg

He initially made his fortune after founding Och-Ziff Capital Management, but stepped away in 2019 and has since focused on his family office Willoughby Capital, which invests in tech companies.

It remains unclear who is purchasing the condo at 220 Central Park South, whose wealthy residents include the musician Sting.

Renderings of the condominium on the 73rd and 74th floor feature floor to ceiling windows

Renderings of the condominium on the 73rd and 74th floor feature floor to ceiling windows

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