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The costs of some things just stop mattering once reach a certain point of wealth.
I spend a chunk of my day around private jets that can cost over $50 million dollars, and that's just on a mode of transportation, not a residence. Warren Buffett, Bill Gates, and plenty of other people around the globe could buy a property like this on a whim and not think twice about it, like how us commners may get a Coke at the checkout line
I was reading the biography of Steve Jobs and it mentions how he bought a large luxury condo somewhere right on Central Park, but never even moved into it.
Another factor in the purchase may have been that they could consider it an $88 million donation to charity and get a free apartment in the process.
I think it's very admirable of the seller to donate all proceeds to charity. Thank goodness for rich people because that's where most of the worlds charity comes from.
That is one STUPID woman with a STUPIDER father.
Paying $88 million in a market that won't fetch $28 million for the finest Fifth Avenue apartments is for people who were handed all the wealth of Russia in the shadiest dealings of the 20th Century.
There was a phrase that went "more money than brains" that seems appropriate.
I had a site visit this week for an apartment (won't say who), with two very expensive famous paintings (won't say which) valued at over $10 million each. I was floored by the opulence...spiral staircase in the aparment...
Another factor in the purchase may have been that they could consider it an $88 million donation to charity and get a free apartment in the process.
I think it's very admirable of the seller to donate all proceeds to charity. Thank goodness for rich people because that's where most of the worlds charity comes from.
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