“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 2.4B USD
Alex Karp had a net worth in excess of 18B USD in 2025 if wikipedia is to be believed.
This is 1/8th of his net worth, or 12.5%
It’s not like he needs to monetize this land immediately to keep making money from the rest of his net worth
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…