“Woodlands” is a stretch, as the property sits around or above the tree line (elevation thingy).
Allegedly Mr Karp is a big skiing enthusiast with several properties in Norwegian skiing spots already. However, 240M SEK seems a bit much for a property he can’t reasonably have an ROI on. I have a hard time believing there won’t be data centers built on the property within 5 years.
“Woodlands” is a stretch, as the property sits around or above the tree line (elevation thingy). Allegedly Mr Karp is a big skiing enthusiast with several properties in Norwegian skiing spots already. However, 240M SEK seems a bit much for a property he can’t reasonably have an ROI on. I have a hard time believing there won’t be data centers built on the property within 5 years.
240M SEK is roughly 24M USD
Alex Karp had a net worth in excess of 18B USD in 2025 if wikipedia is to be believed.
This is 1/800th of his net worth, or 0.125%
It’s not like he needs to monetize this land immediately to keep making money from the rest of his net worth
Edited because I made a silly mistake in conversion rates. 1 sek is roughly 0.1 USD, not 10 USD.
No, 1 SEK is not 10 USD.
Come on past me, that’s not even hard maths. Thanks, I’ll fix my comment to reflect that two orders of magnitude error I just made…