When Sanford Weill decided to sell his 6,744-sq-ft NYC apartment for an unbelievable $88 million, the possibility of this apartment being sold initially went to nearly impossible and then comes a billion by the name of Dmitriy Rybolovlev. Crowned as the 93rd richest man in the world, his net worth is nearly $10 billion.
Mr. Rybolovlev made most of his fortune in Russia in the 1990′s by buying industrial concerns known as the wildly unregulated privatization period. This is the same man that put Donald Trump and his hair to shame by purchasing Trump’s Palm Beach mansion for a whopping $95 million in cash. Where do you get $95 million in cash from?
I would love to see what $95 million in cash looks like, wouldn’t you? Well it seems as though Rybolovlev has done it again by making another historic purchase with his new acquisition being made for his the 22-year-old daughter, Ekaterina Rybolovleva.
According forbes, Ekaterina has set a record for highest individual transaction in NYC history by purchasing a NYC apartment for nearly $88 million. $88 million for an aprtment that she won’t even be living in permanently ;as she will be using the apartment only when she visits New York.
The apartment includes 10 rooms (4 of which are bedrooms), a city block-sized terrace of more than 2,000 sq. feet, and 2 wood burning fireplaces.
The previous New York City record had been set back before the market crash of 2007 when investor Christopher Flowers paid $53 million for a New York townhouse, according to Forbes.
He resold the property on August 15 for just over $36 million.
Here are the photos of the apartment: