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The Journal reports that the price paid was 66% above that the previous record sale. The seller was Sanford I. Weill, the former head of Citigroup Inc.

It was bought by a trust for Ekatarina Rybolovleva, 22, a college student and daughter of Dmitry Rybolovlev. Rybolovlev, who is now based in Monaco, made a fortune in potash fertilizer.

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