Saturday, January 13, 2024

Russian billionaire cries of being robbed

Russian billionaire Dmitry Rybolovlev accused Sotheby’s of teaming up with Swiss art dealer Yves Bouvier to cheat him. He says he's owed $160m. His lawyers say Bouvier pocketed the money by buying artworks from Sotheby’s before selling them to Rybolovlev at higher prices. Rybolovlev spent about $2 billion on art from 2002 to 2014.
Tearing up, Rybolovlev blamed murky practices in the art world for leaving him hurt and damaged. Rybolovlev bought 38 pieces through Sotheby's and Bouvier.

No comments:

Post a Comment

Acapulco best avoided

The state of Guerrero is deploying 60 armed men to patrol the beaches “in light of the violent events that have occurred recently.” Three p...