Sen. Jim Justice — one of Congress’ wealthiest members — sold a massive stake in The Greenbrier Resort in August, according to a new congressional financial disclosure.
The sale coincided with the announcement that Kennedy Lewis Investment Management, a New York-based investment group, would take a controlling share of the resort in a joint venture worth a reported $500 million. Justice (R-West Virginia) and his family bought the resort in 2009.
The disclosure, dated Sept. 28, put the value of Justice’s sale at “Over $50,000,000.” Lawmakers are only required to disclose the value of their transactions in broad ranges.
“Today marks an exciting new chapter for The Greenbrier and an important moment for everyone who loves this resort,” Justice’s daughter, Jill, said in an Aug. 14 news release. “Our collaboration provides the financial strength, expertise and long-term investment needed to protect everything that makes The Greenbrier special.”
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Under the stewardship of the Justice family, the resort almost faced foreclosure in 2024 due to mounting unpaid loans.
West Virginia Gov. Patrick Morrisey, one of Justice’s political rivals, welcomed the new investment on social media.
“West Virginia’s iconic Greenbrier Hotel is now under the majority ownership and controlling interest of Kennedy Lewis, a New York-based private credit and opportunistic asset firm,” Morrisey wrote. “I’m hopeful that Kennedy Lewis and the entire Greenbrier team will help restore the beauty of the resort to its former glory.”
Justice, the richest man in the Senate, failed to submit his annual financial disclosure on time earlier this year, despite being granted an extension. The filing details the senator’s roughly $1 billion net worth, which is mostly owed to his sprawling coal-mining enterprises.
Justice, whose office didn’t immediately return a request for comment, has floated the prospect of leaving the Senate to run for governor of West Virginia in 2028, The Washington Sun previously reported.
Justice served two terms as governor before defeating Rep. Alex Mooney in the Senate race to replace retiring Sen. Joe Manchin. Justice has commuted almost daily to D.C., by private airplane.
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