World News@lemmy.worldEnglish · 1 year ago

Tearful Russian billionaire who spent $2 billion on art tells jurors Sotheby's cheated him

abcnews.go.com

167

Tearful Russian billionaire who spent $2 billion on art tells jurors Sotheby's cheated him

abcnews.go.com

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 1 year ago

A Russian billionaire who accused Sotheby's of teaming up with a Swiss art dealer to cheat him of tens of millions of dollars became tearful while testifying in court and calling for more transparency in the art market

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1 year ago
It gets better. He resold one of the paintings in question for a profit of 320 million$. He is suing because his speculative profit wasn’t big enough.

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