Astronomer's HR Chief, Rum Heir Husband Took Huge Loan for $2.2 Million Home—What If They Divorce?

Last Updated:July 23, 2025, 12:40 IST

The Cabots recently acquired a $2.2 million seaside home in Rye, New Hampshire, a picturesque town along the Atlantic coast

. The loan and ownership documents list both Kristin and Andrew as co-borrowers, indicating shared financial responsibility. (X)

Kristin Cabot, the head of human resources at Astronomer, and her husband Andrew Cabot, an heir to the Privateer Rum fortune, are under intense public scrutiny following fresh revelations about a multimillion-dollar real estate purchase. The attention comes in the wake of a viral “kiss cam" incident at a Coldplay concert that led to Kristin being placed on administrative leave from her position.

A $2.2 Million Coastal Property Purchase

According to The US Sun, the Cabots recently acquired a $2.2 million seaside home in Rye, New Hampshire, a picturesque town along the Atlantic coast. To finance the purchase, the couple jointly secured a $1.6 million mortgage in March 2025 from banking giant Morgan Stanley. The loan and ownership documents list both Kristin and Andrew as co-borrowers, indicating shared financial responsibility.

A report in Mint said the property, described by local listings as a “classic New England gem", includes four bedrooms, a wraparound porch, and over an acre of land adorned with fruit trees. Though two miles from the beach, the home requires significant renovations. The purchase is reportedly the couple’s second property in the same town, pointing to long-term plans for upscale coastal living.

Long Family Ties to Wealth

Andrew Cabot comes from a storied lineage dating back 10 generations, with deep roots in early American commerce and wartime enterprise.

The Economic Times reported that the Cabot family’s wealth originated in the American colonial era, built on privateering during the Revolutionary War and early maritime trading routes. Over time, their business interests expanded into chemicals, carbon black manufacturing (crucial for tire production), and alcoholic beverages. Privateer Rum, a modern venture that draws prestige from that historic legacy, remains a Cabot family undertaking. Kristin Cabot reportedly has an advisory role in the spirits company, further entrenching her involvement in the family’s financial affairs.

Potential Legal and Financial Implications

The timing of the purchase—made just weeks before the now-infamous concert video surfaced—has spurred public interest not only in the couple’s personal life but also in the financial complexity of their shared assets.

A Times of India report, quoting experts, discussed the potential legal complications if the couple were to separate or divorce, as both Kristin and Andrew are jointly liable for the mortgage debt. Legal experts suggested that the house could become a focal point in any hypothetical separation. To preserve financial clarity, the couple would either have to sell the property or have one of the partners refinance the loan independently—scenarios that not only have financial consequences but also public image ramifications, especially given the scandal’s viral nature.

Public Backlash and Professional Consequences

Speculation around the couple’s relationship and finances intensified following a video in which Kristin Cabot was seen with Astronomer’s then-CEO Andy Byron during a Coldplay concert. The footage, which was widely shared on social media, appeared to show the two in an intimate exchange when caught on the venue’s “kiss cam".

The backlash was swift. Byron resigned from his post, and Kristin was placed on administrative leave pending an internal review. Neither Kristin nor Andrew has made any public comments following the incident or the subsequent reports about their finances. The silence has only fed the public intrigue, with online communities dissecting everything from property records to family connections.

With Kristin Cabot’s future at Astronomer uncertain and public focus now shifting to the couple’s finances, the next chapter might play out in courtrooms, boardrooms, or real estate listings — far from the arena where it all began: a stadium full of Coldplay fans.

Apoorva Misra

Apoorva Misra is News Editor at News18.com with over nine years of experience. She is a graduate from Delhi University's Lady Shri Ram College and holds a PG Diploma from Asian College of Journalism, Chennai. S...Read More

Apoorva Misra is News Editor at News18.com with over nine years of experience. She is a graduate from Delhi University's Lady Shri Ram College and holds a PG Diploma from Asian College of Journalism, Chennai. S...

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News world Astronomer's HR Chief, Rum Heir Husband Took Huge Loan for $2.2 Million Home—What If They Divorce?