Latest news with #AndrewCabot
Time of India
a day ago
- Business
- Time of India
Kristin Cabot House Mortgage: Did Andrew Cabot and wife took out $1.6M mortgage for New Hampshire home? See house property details
Kristin Cabot and husband had taken a $1.6 million mortgage on a $2.2 million New Hampshire home a few months before Coldplay Concert kiss cam scandal . Cabot became a central figure in a viral moment that took place at a Coldplay concert. The fallout continues after she was seen on the kiss cam with Andy Byron , then CEO of Astronomer. Details now emerge about her marriage, a new mortgage, and deep family ties to old American wealth. Kristin and Andrew Cabot Took Out a $1.6M Mortgage Kristin Cabot and her husband, Andrew Cabot, purchased a $2.2 million property in New Hampshire in March. They financed it with a $1.6 million mortgage from Morgan Stanley. The property is not fully paid in cash, and both names appear on the loan documents. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare healthcare Others Operations Management Technology Leadership Cybersecurity CXO Management Public Policy Data Science others Product Management Design Thinking Digital Marketing Data Science PGDM MBA MCA Project Management Data Analytics Artificial Intelligence Degree Finance Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details Also Read: Astronomer Interim CEO Pete DeJoy issues statement on LinkedIn. Here's what he said about Andy Byron and Kristin Cabot Coldplay Kiss Cam Scandal by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo Kristin and Andrew Cabot New Home The home is located near the beach. It has four bedrooms and two bathrooms. Online listings describe it as a house that needs renovation. The listing also mentions a large attic, two-car garage and fruit trees. The home was sold "as is" and sits on over an acre of land. Loan May Complicate Divorce Talk Kristin and her husband have not been seen in public since the scandal. There is speculation about the future of their marriage. Divorce proceedings, if they occur, may be affected by the shared mortgage. Refinancing or selling may be necessary. Legal experts suggest a quitclaim deed could help, but it does not remove mortgage liability. Live Events Who is Andrew Cabot? Andrew Cabot belongs to one of Boston's oldest elite families. His ancestors include privateers, industrialists and merchants. The Cabot family made its fortune in carbon black, used in rubber manufacturing. They also hold interests in chemicals and spirits, including Privateer Rum. Kristin once sat on Privateer's advisory board. Also Read: Astronomer HR Head Kristin Cabot Employment Status: Has she resigned or still employed at firm after CEO Andy Byron resigns over Coldplay Concert scandal Affair Fallout and Public Silence Kristin was seen with Andy Byron at the concert, wrapped in his arms during a kiss cam moment. The video went viral on TikTok and was widely shared. Neither Kristin nor her husband has commented publicly. The video drew mixed reactions, with some calling Byron's behavior inappropriate. Impact on Kristin Cabot and Andy Byron's Careers Kristin has been placed on leave from her HR position. Andy Byron resigned as CEO of Astronomer. His wife, Megan, is reportedly staying away from their main home and removed family photos from social media. She has also changed her surname back to Kerrigan. Kiss Cam Viral Moment With Lasting Effects Chris Martin, Coldplay's frontman, reacted in the moment without knowing the context. He joked about the couple's reaction on stage. Later shows referenced the incident, as the story remained trending online. FAQs What mortgage did Kristin Cabot and her husband take out? They secured a $1.6 million mortgage from Morgan Stanley to purchase a $2.2 million property in New Hampshire. Why is Kristin Cabot involved in the Coldplay kiss cam scandal? Kristin appeared on the kiss cam with her boss, Andy Byron, sparking viral interest and speculation about their relationship.
Hindustan Times
a day ago
- Business
- Hindustan Times
Astronomer's Kristin Cabot took out $1.6 million mortgage before Coldplay kiss cam scandal with Andy Byron
The woman caught in the now-viral Coldplay concert moment had recently taken out a $1.6 million mortgage with her husband, according to a report by The Mirror. The brief clip, which exploded online, shows Andy Byron, CEO of tech firm Astronomer and Kristin Cabot, the company's head of HR, pulling away and shielding their faces during the Coldplay show in Massachusetts. Kristin Cabot is married to Andrew Cabot, heir to the Privateer Rum fortune, and the couple had recently purchased a £1.2m home.(X) Internet sleuths quickly identified them and the problem. Both are married to other people. As the camera lingers, Byron quickly ducks out of frame while Cabot turns her back and covers her face. The reaction prompted Coldplay frontman Chris Martin to quip from the stage that the pair were 'either having an affair or just very shy.' Also read: Ex-Astronomer employees 'laughing' at Andy Byron's Coldplay concert scandal: Report Astronomer CEO resigns, spotlight on Cabot's marriage and family money Since the incident, Andy Byron has stepped down from his role as CEO and details about Cabot's personal life are making headlines. The Mirror reports that Cabot is married to Andrew Cabot, heir to the Privateer Rum fortune, and the couple had recently purchased a $1.6 million home in Rye, New Hampshire. They took out a mortgage for the four-bedroom coastal property through Morgan Stanley. Both Kristin and Andrew Cabot are listed on the loan, which could complicate things if the marriage breaks up. Options on the table include selling the home or refinancing under one of their names. It is the second property the couple owns in the same New Hampshire town. Also read: Coldplay Concerts Were Built For Viral Moments Like This Andrew Cabot's long family legacy Andrew Cabot's family history runs deep in New England. His namesake ancestor, also Andrew Cabot, was a merchant and rum distiller who fought as a privateer during the American Revolution. The family's wealth, according to The Mirror, was built over generations through businesses in chemicals, gas, and 'carbon black'-a soot used in manufacturing car tyres. While the Coldplay kiss cam saga began as a viral moment, it has quickly turned into a high-stakes situation involving a tech CEO's career, a public marriage, and millions in assets now under scrutiny. FAQs: 1. Who was the couple caught on the Coldplay kiss cam? Astronomer CEO Andy Byron and HR head Kristin Cabot, both married to other people, were identified as the couple. 2. Did the man in the video resign from his job? Yes, Andy Byron stepped down as CEO of Astronomer following the backlash. 3. Is Kristin Cabot married? Yes, she is married to Andrew Cabot, heir to the Privateer Rum fortune. 4. What did Chris Martin say about the couple? He joked that they were 'either having an affair or just very shy.'
Daily Mail
a day ago
- Business
- Daily Mail
Viral Coldplay concert kiss cam HR executive just took out $1.6m mortgage with her husband
The HR executive caught on camera cuddling with her boss at a Coldplay concert had recently taken out a massive $1.6million mortgage with her husband, it has emerged. Kristin Cabot and her husband Andrew Cabot, an heir to the $15.4billion Cabot family fortune, purchased a $2.2million home on New Hampshire 's coast in March this year. But the wealthy couple, referred to as husband and wife in state property records, did not outright pay for the 'fixer-upper', documents obtained by The Sun reveal. The pair are both reportedly named on loan paperwork for the $1.6million mortgage taken out with Morgan Stanley. Kristin, 52, and Andrew, 60, had planned to renovate the four-bed, two-bath classic New England residence, which is situated on 1.42 acres of land. The property was sold 'as is' and, according to the newspaper, 'needs rehab'. It is unclear if the couple have hired contractors yet or even started renovations. Andrew and his elite family have now faced a global scandal that's hit like a bolt from the blue after Kristin was caught on a kiss cam cozying up to her colleague Andy Byron at a Coldplay concert in Boston last week The pair, who recoiled on seeing themselves on the big screen, met at AI startup Astronomer. Byron resigned as its CEO last week. He is also married, to a woman called Megan, and they own a sprawling Massachusetts mansion. Kristin and Andrew have not been seen in public since footage of their intimate moment with Byron at the concert went viral. It is unclear if they have since split. Massachusetts property documents dated in January confirmed that Kristin is currently married to Andrew, CEO and COO of Privateer Rum. It is unclear exactly when the pair tied the knot, but the documents confirm that Kristin, whose maiden name is Stanek, was married at the time of selling a $1.8 million property in Watertown, Massachusetts, earlier this year. Public documents show that Andrew has been married at least twice before, in 1993 and 2014. He shares two children with his first wife Maud, who posted a picture of her ex-husband with Kristin looking loved up at his daughters 25th birthday party on social media in April of last year. Kristin even posed with his son Henry, 30, in the snaps, and was seen wearing a wedding ring at the event - which was missing during her cozy Coldplay outing with Byron. Kristin and Andrew are also referred to as 'husband and wife' when they purchased their $2.2million two-story home in Rye, New Hampshire earlier this year. As the home is currently under lien, they may have to sell the property if they are plan to move forward with a divorce or formal separation. Both parties are responsible for mortgage payments regardless of who is physically residing in the home - which features high ceilings, a wrap-around porch, walk-up attic and two-car garage. One party could buy the other out or refinance the loan to take on full responsibility. Kristin and Andrew also sold another four-bedroom property nearby for $1.05million in February, after purchasing it in April of last year. Andrew filed for divorce from his second wife Julie in 2018, after marrying in 2014, citing irreconcilable differences. Both he and his first wife Maud filed for divorce jointly in 2013, after separating in 2011. Kristin has been married once before, filing for divorce from Ken Thornby in 2018, which was finalized in 2020. Andrew Cabot is a direct descendant of one of the original Boston Brahmin families. The term 'Boston Brahmin' refers to the historic aristocracy in Boston, dating back to the the earliest English colonists. These ultra-wealthy families held significant social, political and cultural influence from the 18th century onward. Andrew touts his family lineage on the Privateer Rum website, highlighting how he is the sixth-generation owner of the brand and a direct descender of its founder Andrew Cabot, whom he appears to have been named after. The Cabot Family, which first made its fortune in soot, dates back at least 10 generations and is involved in a slew of businesses across New England, including rum production. The family is one of the richest in Boston, with a fortune worth at least $15.4 billion today, and was considered untouchable for decades until their dynasty was underscored by the political rise of John F. Kennedy. JFK defeated Henry Cabot Lodge Jr. in a senate race in 1952, paving the path for the Kennedys to establish themselves as American royalty. But despite the Kennedys' rise to power, the Cabots are still so well-known in the Boston area that locals jokingly claim they 'speak only to God'. The Cabots were thrust into controversy last week after Kristin was caught cuddling with Byron. In the viral moment, the two were seen enjoying the show when the camera operator working the jumbotron panned to them. Byron had his arms wrapped around Kristin and the pair swayed in unison as the British band played. The intimate moment descended into chaos as panic set in, Byron seemingly fell to his knees while Kristin put her head in her hands as the crowd laughed. After the clip of the two went viral, Astronomer issued a statement confirming that Byron has been placed on leave as they investigate the incident. The Friday night statement said: 'Cofounder and Chief Product Officer Pete DeJoy is currently serving as interim CEO given Andy Byron has been placed on leave. We will share more details as appropriate in the coming days.' Prior to the announcement that Byron was on leave, the company had announced that a formal investigation into the clip was underway. Shortly after, Byron's wife Megan removed his last name from her social media accounts after the concert exchange went viral. Kristin's now-deleted LinkedIn account showed that she has served as an 'advisory board member' at Privateer Rum since September 2020.
India.com
2 days ago
- Entertainment
- India.com
250-year-old family business, immense wealth, Rs 18 crore home...; Husband of HR caught with company CEO in viral Coldplay concert belongs to...
Andy Byron, the CEO of the company Astronomer, recently resigned from his position. This came just days after he was spotted at a Coldplay concert at Gillette Stadium in Boston, enjoying the show with the company's HR head, Kristin Cabot. Cabot and Andy Byron were caught during a 'kiss cam' segment at the concert. The two were seen with their arms around each other when Coldplay's lead singer, Chris Martin, pointed them out, saying, 'Oh, look at these two.' As the camera stayed on them, Byron quickly stepped back and hid behind a barrier, while Cabot covered her face with her hands, clearly feeling embarrassed. The video of the two at the concert quickly went viral on social media. Soon after, people on the internet began digging into the personal lives of those involved and many were curious to know more about Kristin Cabot's husband. Who is Andrew Cabot? Kristin is married to Andrew Cabot, who comes from an extremely wealthy and historic American family. Andrew is the sixth-generation heir to Privateer Rum, a well-known rum company. Reports said that Andrew Cabot is a descendant of the original Andrew Cabot, who was an 18th-century rum distiller, as per the details mentioned on his company's website. He is also a descendant of the 'Boston Brahmins', a group of elite Anglo-American families that have held social and financial power in New England for over 200 years. Property records show that earlier this year, Andrew bought a luxury home along the New Hampshire coastline for about USD 2.2 million (roughly Rs. 18 crore). According to LinkedIn, he had been a member of the advisory board of Privateer Rum since September 2020, though his profile now appears to have been removed. The Cabot family is considered one of the oldest and richest families in New England. They've had a major influence on the region's society and economy for generations. Andrew's background, combined with his wealth and family history, has made headlines again, thanks to a viral concert moment. Who are the popular Boston Brahmins? Some of the popular Boston Brahmin family names are Adams, Cabot, Coffin, Eliot, Emerson, Endicott, Forbes, Gardner, Holmes, Lawrence, Lowell, Otis, Parkman, Peabody, Phillips, Putnam, Quincy, Weld, Wigglesworth, and Winthrop.
Daily Mail
2 days ago
- Business
- Daily Mail
Coldplay concert CEO cuddling scandal engulfs old money Boston family with ties to JFK
The married HR executive caught being cuddled by her married CEO at a Coldplay concert has dragged her husband's elite old-money Boston family into a humiliating scandal. Kristin Cabot, 52, is married to Privateer Rum owner Andrew Cabot, who is a direct descendent of one of the original Boston Brahmin families. The term 'Boston Brahmin' refers to the historic aristocracy in Boston, dating back to the the earliest English colonists. These ultra-wealthy families held significant social, political and cultural influence from the 18th century onward. Andrew, 60, touts his family lineage on the Privateer Rum website, highlighting how he is the sixth-generation owner of the brand and a direct descender of its founder Andrew Cabot, whom he appears to have been named after. But Andrew and his illustrious lineage have now faced a global scandal that's hit like a bolt from the blue after Kristin was caught on kiss cam being cuddled by her colleague Andy Byron at a Coldplay concert in Boston last week. The pair, who recoiled on seeing themselves on the big screen, met at AI startup Astronomy. Byron resigned as its CEO last week. He's also married to a woman called Meredith with the couple owning a sprawling Massachusetts mansion. The Cabot Family, which first made its fortune in soot, dates back at least 10 generations and is involved in a slew of businesses across New England, including rum production. The family is one of the richest in Boston, with a fortune worth at least $15.4 billion today, and was considered untouchable for decades until their dynasty was underscored by political rise of John F. Kennedy. JFK defeated Henry Cabot Lodge Jr. in a senate race in 1952, paving the path for the Kennedys to establish themselves as American royalty. But despite the Kennedys emergence to power, the Cabots are still so well-known in the Boston area that locals jokingly claim they 'speak only to God'. Massachusetts property documents dated in January confirmed that Kristin is currently married to Andrew, the chief executive of Privateer Rum, a Massachusetts-based booze maker. It is unclear exactly when the pair tied the knot, but the documents confirm that Kristin, whose maiden name is Stanek, was married at the time of selling a $1.8 million property in Watertown, Mass, earlier this year. The Cabot family legacy dates back to the American Revolution when the original Andrew Cabot, who died in 1791, positioned himself as a successful merchant and rum distiller. Family patriarch Samuel Cabot Jr. helped propel the family into riches by marrying Eliza Perkins, the eldest daughter of wealthy merchant trader Col. Thomas Handasyd Perkins, in 1812, historical records reveal. The couple fathered seven sons whose descendants would go on to led successful businesses of their own, including co-founding America's first mutual fund. The family - whose name is now in the mud thanks to the Coldplay concert scandal - found riches in soot, which is an essential component in automobile tires. Members of the Cabot family participated in the slave and opium trades during the early 19th century. Cabot family members also served in a series of professions including medicine, law, finance, teaching and the Foreign Service. The Cabots bestowed donations and established endowments at some of America's most elite academic institutions, including Harvard University, the Massachusetts Institute of Technology, Norwich University and the Perkins School for the blind. The family fortune was worth an estimated $200 million in 1972, according to a New York Times profile on the Cabots written at the time. The $200 million fortune, not accounting for growth over the decades, is worth an estimated $15.4 billion in 2025. The Cabots, now embroiled in scandal, were so wealthy that they were characterized in John Collins Bossidy's 1910 poem 'Boston Toast' as only speaking to god. 'This is good old Boston, the home of the bean and the cod,' the poet wrote. 'Where the Lowells talk to the Cabots, and the Cabots talk only to God.' The Lowells were another Boston Brahmin family who played a significant role in the American revolution and the US manufacturing industry. The Cabots took over Boston and were seemingly untouchable until the rise of the Kennedys, which resulted in a political and societal rivalry. President elect Richard M. Nixon (c) confers with Henry Cabot Lodge Jr (l), his chief Vietnam peace negotiator, and Lawrence E. Walsh, the former Deputy Attorney General designated by Nixon as the No. 2 man at the Paris negotiations in January 1969 Senator Henry Cabot Lodge, who resigned from his seat to fight in the Second World War, was an influential Republican. Lodge, who regained his Senate seat in 1947, was a 'committed internationalist' and resisted isolationism, American Magazine reports. He poised Eisenhower to be the Republican presidential candidate in 1952, but his dedication to Eisenhower's campaign saw him lose his seat to Democrat JFK. Kennedy lodged his family's growing financial and political successes to snag the seat, which had long been under Cabot control, according to Old Money Luxury. JFK lobbied support among Irish Catholics and other immigrant groups, who likely did not feel represented by Lodge, an old money Protestant. The Democrat also leveraged emerging media during his campaign, presenting himself as a likable leader with his immigrant heritage inspiring many that they too could find success in the American Dream. Lodge then spent most of the 1950s as the US Ambassador to the United Nations and was a the Republican vice presidential candidate in 1960. JFK, during his presidency, tapped Lodge to take over operations in South Vietnam - despite the pair being from different political parties. Lodge is believed to have been involved in the death of Ngo Dinh Diem, president of South Vietnam. His alleged role in Diem's death was arguably one of the most controversial moments on his political career, but did not stop his from later serving as President Lyndon B. Johnson's ambassador to West Germany. He also served a personal representative of Presidents Richard Nixon and Gerald Ford to the Holy See in Rome. The family has been thrust into controversy yet again after Kristin was caught cuddling with her boss Andy Byron, CEO of AI firm Astronomer. In the viral moment, the two were seen enjoying the show when the camera operator working the jumbotron panned to them. Byron had his arms wrapped around Kristin and the pair swayed in unison as the British band played. The intimate moment descended into chaos as panic set in, Byron seemingly fell to his knees while Kristin put her head in her hands as the crowd laughed. After the clip of the two went viral, Astronomer issued a statement confirming that Byron has been placed on leave as they investigate the incident. The Friday night statement said: 'Cofounder and Chief Product Officer Pete DeJoy is currently serving as interim CEO given Andy Byron has been placed on leave. We will share more details as appropriate in the coming days.' Prior to the announcement that Byron was on leave, the company had announced that a formal investigation into the clip was underway. Kristin is married to Andrew Cabot, who is listed on Privateer Rum's website lists as its CEO and COO of the company. Public documents show that Andrew has been married at least twice before, in 1993 and 2014. He shares two children with his first wife Maud, who shared a picture of her ex-husband with Kristin looking loved up at his daughters 25th birthday party on social media in April of last year. Kristin even posed with his son Henry, 30, in the snaps, and was seen wearing a wedding ring at the event - which was missing during her cozy Coldplay date with Byron. Kristin and Andrew are also referred to as 'husband and wife' in New Hampshire property records, buying a $2.2million two-story, four-bedroom New Englander-style house in Rye, in February. They sold another four-bedroom property nearby for $1.05m in February, after purchasing it in April of last year. Andrew filed for divorce from his second wife Julie in 2018, after marrying in 2014, citing irreconcilable differences. Both he and his first wife Maud filed for divorce jointly in 2013, after separating in 2011. Kristin has been married once before, filing for divorce from Ken Thornby in 2018, which was finalized in 2020. Byron is also married, with his wife Megan, removing his last name from her social media accounts shortly after the concert exchange went viral. Kristin's now-deleted LinkedIn account showed that she has served as an 'advisory board member' at Privateer Rum since September 2020.
