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Billionaire hedge-fund manager Cliff Asness just listed his Miami penthouse for $29.5 million only a year after buying it because he wants to upgrade to a bigger home. Here's a look inside.

Taylor Borden   

Billionaire hedge-fund manager Cliff Asness just listed his Miami penthouse for $29.5 million only a year after buying it because he wants to upgrade to a bigger home. Here's a look inside.
Finance1 min read

Cliff Asness Miami Penthouse

Courtesy of Douglas Elliman

Cliff Asness, the billionaire founder of AQR Capital Management, just listed his luxurious Miami Beach apartment for $29.5 million, according to Mansion Global.

Asness has a net worth of $2.6 billion, per Forbes. Business Insider previously reported that his firm manages over $200 billion in assets.

He purchased the penthouse in May 2018 for $26 million from Boris Jordan, the chairman of Curaleaf, the biggest marijuana company in the US. Now, Mansion Global reports that he is looking for a larger Florida home.

The listing is a five-bedroom, five-bathroom, full-floor penthouse with sweeping views of Miami along with a private deck and pool. The building is situated on South Beach's iconic Ocean Drive.

Eloy Carmenate and Mick Duchon of Douglas Elliman Real Estate hold the listing.

Keep reading for a look inside the sun-drenched luxury apartment.

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