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.

Cliff Asness is the founder of AQR Capital Management, a firm that manages over $200 billion. He has a net worth of $2.6 billion.

He just listed his Miami Beach penthouse for $29.5 million.

He initially purchased the penthouse in May 2018 for $26 million from the chairman of the largest marijuana company in the US.

The penthouse spans 6,807 square feet and has an open layout.

The dining room, living room, and kitchen are all connected in an open-concept layout.

The kitchen has state-of-the-art appliances, including a wine cooler and an elongated marble island and bar.

The home has five bedrooms, five bathrooms, and two half-baths, according to the listing.

The master closet is noticeably spacious ...

... as is the master bathroom.

The entire penthouse is lined with floor-to-ceiling windows for maximum natural light, and in some cases, easy access to the terrace.

The terrace provides both beach ...

... and city views.

The penthouse also has plenty of indoor lounging space.

And there's also additional, very luxurious outdoor lounging space.

The rooftop pool deck also comes equipped with a grilling area.

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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.

Cliff Asness is the founder of AQR Capital Management, a firm that manages over $200 billion. He has a net worth of $2.6 billion.

He just listed his Miami Beach penthouse for $29.5 million.

He initially purchased the penthouse in May 2018 for $26 million from the chairman of the largest marijuana company in the US.

The penthouse spans 6,807 square feet and has an open layout.

The dining room, living room, and kitchen are all connected in an open-concept layout.

The kitchen has state-of-the-art appliances, including a wine cooler and an elongated marble island and bar.

The home has five bedrooms, five bathrooms, and two half-baths, according to the listing.

The master closet is noticeably spacious ...

... as is the master bathroom.

The entire penthouse is lined with floor-to-ceiling windows for maximum natural light, and in some cases, easy access to the terrace.

The terrace provides both beach ...

... and city views.

The penthouse also has plenty of indoor lounging space.

And there's also additional, very luxurious outdoor lounging space.

The rooftop pool deck also comes equipped with a grilling area.

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