Tuesday, December 20, 2011

Occupy this geeks

Former Citigroup chairman Sandy Weill listed his 6,744-sq-ft apartment at 15 Central Park Westfor an astonishing $88 million in November, promising to donate the proceeds of the sale to charity.

Now comes news that Ekaterina Rybolovleva, the 22-year-old daughter of Russian billionaire Dmitriy Rybolovlev, is buying the condominium. Rybolovleva is currently studying at an undisclosed U.S. university and plans to stay in the apartment when visiting New York. According to a source familiar with the sale, she paid the full asking price of $88 million, setting a record for highest individual transaction in New York City history.

Rybolovleva’s father Dmitriy sold the majority of his stake in Uralkali, the fertilizer business that made him rich, for $6.5 billion in 2010.  He is already known in U.S. real estate circles for his May 2008 purchase of Donald Trump’s Palm Beach mansion, Maison de L’Amitie. He paid $95 million in cash for that residence, $25 million less than what Trump had originally asked. It was apparently the largest single residence price concession of all time.  He may not own that house much longer though. His wife Elena, who filed for divorce in Pam Beach court in 2009, is seeking transfer of ownership of the former Trump mansion.  He himself spends much of his time at his home in Monaco and is likely to buy the struggling French football club, AS Monaco.

Nothing makes you feel good like a 22 year girl buying an 88 million dollar house.   You remember when that other 22 year old heiress bought a 90 something million dollar mansion in LA, well this issimilar, but that girl bought it mostly for her dogs to run around and this new girl will be using her house while not at college and vacationing in NYC.

I actually dont mind this in relative terms as I do say Dane Cook being rich and famous.  Some will argue that at least Dane Cook has a trade (if you call it that).  But for me I see nepotism as the way of the world and will never change and I am just unlucky to not have mad cool Russian fathers.  But I will not come to grips with D-bags being en vogue.

Not many pics of her I could find, but here is her dad and his house in Palm Beach. Other fun facts, he made his money in fertilizer, was arrested and acquitted for the murder of business associate, and is going through a giant divorce.  

-Les Anderson

No comments:

Post a Comment