According to an article in this past Sunday's New York Times, Ruth paid $20 to the fan who caught his 700th home run ball to secure it's return.
He is in third place with 714 home runs on the all-time list, behind Barry Bonds (762) and Hank Aaron (755).
Babe Ruth's first major league home run was on May 6, 1915. He was playing for the Boston Red Socks at the time.
May 25, 1935 in a game for the Boston Braves against the Pittsburgh Pirates. He hit three home runs in the game, the final three of his career.
Babe Ruth hit 714 career home runs.