Dmitry Rybolovlev: the oligarch who lost a billion in the art market
Dmitry Rybolovlev built a multibillion-dollar fortune and navigated the vagaries of Putin's Russia. But the art market was his undoing.
Stay updated with breaking news from Last Leonardo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Dmitry Rybolovlev built a multibillion-dollar fortune and navigated the vagaries of Putin's Russia. But the art market was his undoing.
The Salvator Mundi is the latest artwork to be given the title of “most controversial painting.” This may be because of the seemingly exorbitant amount paid for a painting with a number of serious defects, which, theoretically, should have kept its auction price in check.
Jussi Pylkkänen, the global president of Christie's one of the world's largest auction houses is stepping down.
Dmitry Rybolovlev had accused a Swiss art dealer of overcharging him by nearly $US1 billion while purchasing 38 paintings on his behalf. One of the pieces also had authenticity concerns.
Dmitry Rybolovlev alleged Swiss art dealer Yves Bouvier inflated prices and took an unfair commission