AP reports the New York City’s most expensive apartment was purchased for $88 million for the daughter of a Russian fertilizer mogul. The nearly 7,000 square-foot Manhattan penthouse, on Central Park West, belonged to former Citigroup chairman Sanford Weill, who’s chairman of Carnegie Hall and his wife. A 22-year old Russian student named Ekaterina Rybolovleva will now enjoy the plush pad. She’s the daughter of fertilizer tycoon Dmitriy Rybolovelev, who made his money after the fall of Soviet Union in the 1990’s when national resources were auctioned off and ridiculous low prices. Ekaterina new apartment will become her “dormroom” while she attends school in the US and needed a “place” to stay when in the city.
Rybolovlev, with a net worth estimated at $9.5 billion, is among the world’s 100 richest people and in 2008 bought Donald Trump’s mansion in Palm Beach, Fla for $95 million. While I no one to judge and to each it’s own do you feel that an $88 million apartment is necessary to serve as a dorm room to a 22year old student? What happened to days the were college students had roommates in cramped up NYC city apartments?
