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In 1965, a 47-year-old notary in Arles, France, named André-François Raffray thought he’d found the deal of a lifetime.
A 90-year-old widow named Jeanne Calment lived alone in a lovely apartment in the south of France. She had outlived her husband, daughter, and grandson, and had no heirs left.
France has a longstanding real estate arrangement called en viager — “for life.” The buyer pays the elderly seller a monthly stipend until their death, then inherits the property. It’s usually a win-win: steady income for the seller, a discounted home for the buyer.
Raffray crunched the numbers and offered Jeanne 2,500 francs per month for the rest of her life. She accepted. He congratulated himself on his clever investment.
What he didn’t know was that Jeanne Calment was about to become the oldest verified human in history.
She smoked a cigarette nearly every day until she was 117, devoured two and a half pounds of chocolate each week, took up fencing at 88, and rode her bicycle until she turned 100. She lived independently in the apartment until she was 110.
On Christmas Day 1995, Raffray died of cancer at age 77. After 30 years of payments — more than double the apartment’s actual value — he had never spent a single night there.
His widow was legally obligated to continue the payments. She did so for another two years, until Jeanne finally passed away in August 1997 at the extraordinary age of 122.
When told about the notary’s misfortune, Jeanne reportedly replied with a wry smile:
“In life, one sometimes makes bad deals.” 💀