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22-Year-Old Buys $88M NYC Digs

Record purchase for pad Ekaterina Rybolovleva will use only when 'visiting'
By Mary Papenfuss,  Newser Staff
Posted Dec 21, 2011 12:30 AM CST
Updated Dec 25, 2011 7:00 PM CST
Russian Heiress, 22, Buys $88M NYC Digs
Central Park West looking south   (Flickr)

(Newser) – And you thought Suri Cruise was spoiled. A 22-year-old Russian heiress is treating herself to a Manhattan pad at a whopping cost of $88 million—and she only plans to use it when she's visiting New York. Ekaterina Rybolovleva, daughter of Russian billionaire Dmitry Rybolovlev, is scooping up the nearly 7,000-square-foot digs at 15 Central Park West (at 61st Street) sold by filthy rich former Citigroup Chairman Sandy Weill, who promised to turn over the proceeds from the 10-room apartment sale to charity. It's the largest individual residential real estate transaction in New York City history, reports ABC News. The property was put up for sale just last month.

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Ekaterina's pop is the 93rd richest man in the world, thanks largely to a fertilizer business, and he's worth some $9.5 billion. He was once tried for murdering a business associate but acquitted due to lack of evidence. He's currently involved in a billion-dollar divorce battle with Ekaterina's mom. Weill and his wife bought the 4-bedroom apartment with a 2,000-square-foot terrace for $45 million in 2007. Ekaterina spent most of her time growing up in Monaco and Switzerland, but is now studying at an undisclosed US university. Click here for a peek into her splendiferous new abode. (Read more Ekaterina Rybolovleva, stories.)

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