Billionaire Bill Koch sells an Aspen, Colorado compound at auction for $33.5 million, far below the $125 million price he initially sought, according to reporting from Business Insider and Yahoo News.

The outlets describe the sale as occurring through an auction process, with Koch’s property fetching a deep discount compared with his earlier listing amount. Business Insider characterizes the outcome as a sharp reduction from the $125 million figure, while Yahoo News relays the same core details about the listing and the auction sale price.

Both accounts focus on the gap between the requested price and the final auction result, rather than providing extensive details on bidders, financing, or the property’s condition. The shared takeaway is that the auction ends with a substantially lower sale price than the amount Koch sought privately or listed publicly earlier.