Citadel CEO Kenneth Griffin Buys a Copy of the U.S. Constitution at Sotheby’s

Griffin beat out the crypto collective ConstitutionDAO, who had been hoping to purchase the document.

BEVERLY HILLS, CALIFORNIA – APRIL 29: Ken Griffin participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. (Photo by Michael Kovac/Getty Images)

On Friday afternoon, Sotheby's auction house announced that the buyer of a rare copy of the First Printing of the Final Text of the United States Constitution, which sold yesterday at the auction house for $43.2 million, is Kenneth Griffin, the founder and CEO of Citadel and a seasoned collector whose collection includes works by Jean-Michel Basquiat, Willem de Kooning and Jackson Pollock. Griffin is planning to loan the copy of the Constitution to the Crystal Bridges Museum of American Art in Bentonville, Arkansas. The CEO beat out a crypto collective known as ConstitutionDAO, who had also been attempting to buy the rare artifact.

The individuals who made up ConstitutionDAO wanted to secure the document for themselves, but ultimately came to the conclusion that they didn’t have enough funds to “insure, store, and transport the document.” “I intend to ensure that this copy of our Constitution will be available for all Americans and visitors to view and appreciate in our museums and other public spaces,” Griffin said in a statement of his own.

The collector who made the copy of the Constitution available to Sotheby’s, Dorothy Tapper Goldman, also has a collection that includes official printings of the Stamp Act, an early printing of the Articles of Confederation and a rare copy of the first edition of The Federalist. “It is my fervent wish that the new custodian of this Constitution will guard it and continue to ensure public access to the visual, physical, and emotional experience of the document,” Goldman said in a statement this week. “While an individual person may continue to own this Constitution, it belongs to all Americans of all genders, all colors, and religious beliefs. The Constitution is the backbone of our democracy.”

Citadel CEO Kenneth Griffin Buys a Copy of the U.S. Constitution at Sotheby’s