Hedge fund Citadel’s founder, Ken Griffin, successfully bid for a seat on the New Shepard capsule of Jeff Bezos-founded Blue Origin but will reportedly not be part of its trip to space.
What Happened
Griffin has decided to donate his seat to a school teacher from New York City, Bloomberg reported.
Griffin’s representative and Citadel CTO Umesh Subramanian made the winning $8 million bid in an auction held overnight, the report said.
The NYC teacher to whom the seat would go was selected by the philanthropic organization, Robinhood Foundation.
The foundation is reportedly in the process of screening another school teacher from the city.