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Russian billionaire loses Sotheby’s fraud case over artworks including Salvator Mundi



Oligarch Dmitry Rybolovlev had accused Sotheby’s of conspiring with dealer over pieces including Salvator Mundi, which later became the most expensive art sold at auctionA US federal jury has ruled in favour of Sotheby’s at a trial in which the Russian billionaire oligarch Dmitry Rybolovlev accused the auction house of defrauding him out of tens of millions of dollars in art sales.Rybolovlev had accused Sotheby’s of conspiring with Swiss art dealer Yves Bouvier to trick him into paying inflated prices for four works including Salvator Mundi, a depiction of Christ attributed to Leonardo da Vinci that would become the most expensive artwork sold at auction. Continue reading…



Source link : https://www.theguardian.com/us-news/2024/jan/31/russian-billionaire-dmitry-rybolovlev-sothebys-auction-fraud-case-art-salvator-mundi

Author : Staff and agencies

Publish date : 2024-01-31 01:17:58

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