Ekaterina Rybolovleva And Record Sum

Billionaire's daughter buys NYC pad for record sum. The 22-year-old college student pays the asking price of $88 million. That works out to more than $13,000 per square foot.

Former Citigroup (C +3.91%) chairman Sandy Weill listed his 6,744-square-foot apartment at 15 Central Park West for 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 the Russian billionaire Dmitriy Rybolovlev, is buying the condominium. Rybolovleva is 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.

+Mexico Australia plastic bills

+Mexico Australia plastic bills, Paper or Plastic? Mexico and Australia have ditched paper money for plastic bills. Should we, too? Considering it's the root of all evil, the sinew of love as well as war, money is surprisingly fragile. At least the paper variety is. The average $5 bill lasts only 16 months. Notes circulating in tropical climates wear even more quickly. I lived in India for several years and had more than one rupee bill literally disintegrate in my hands.

Big banks decide against debit fees

Big banks decide against debit fees, Big Banks Say No to Debit Fees, Won't Follow Bank of America's Lead. JPMorgan Chase has decided it will not charge customers who use their debit cards for purchases, joining a growing list of banks that will not follow the lead of financial giant Bank of America, which announced a $5 monthly fee last month.

9 Crazy ways to own gold

9 crazy ways to own gold, The shiny metal's price has soared, but owning it on paper or storing it in bars isn't a lot of fun. From bathroom fixtures to a gold iPad, here are 9 unusual ways to buy gold.

10 Smart Ways To Spend Your Tax Refund

 

 

10 Smart Ways To Spend Your Tax Refund

10 smart ways to spend your tax refund
It’s tempting to use tax refund cash tosplurge on some fantasy indulgence. Instead, consider this your opportunity to get your life and house, literally, in order. The average tax refund in 2009 was $2,683. Follow these next 10 tips, and you’ll see a return on your investment for the long haul.