Thursday, March 3, 2011

Estate of the Day

Russian billionaire Andrey Melnichenko, owner of the eye-popping $300 million megayacht 'A' (above) designed by Philippe Starck, has splashed out $12.2 million on a penthouse pied-à-terre in Central Park. It's the first New York property for Melnichenko, at 38 one of the world's youngest billionaires, and his model wife Aleksandra, the Wall St. Journal reports, added to a real estate portfolio that includes apartments and estates in Moscow, France and the U.K. The 2,800-sq.-ft., two-bedroom duplex has two balconies, a terrace facing Central Park, and an entrance gallery with 24-foot ceilings. As we reported back in January Melnichenko, who amassed a $4.4 billion fortune in fertilizer and banking, entertained Martha Stewart, Demi Moore and Aston Kutcher on his yacht in St. Barth's over New Year's during Roman Abramovich's bash.

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