Talk about a bad deal…

In 1965 47-year-old Francois Raffray made a deal with then 90-year-old Jeanne Calment. He agreed to pay her $500 a month for the rest of her life in exchange for her condo when she died. He paid her that sum for the next 30 years until he died at age 77 in 1995. In all Francois paid more than three times the market value for the condo. She died two years later at age 122, the?longest living?person in modern history. – Source: Wikipedia & The International Herald Tribune

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