Billionaire Dmitry Rybolovlev's Lawsuit With Art Dealer Yves Bouvier Puts Sotheby’s In Crosshairs
Art Business

Billionaire Dmitry Rybolovlev’s Lawsuit With Art Dealer Yves Bouvier Puts Sotheby’s In Crosshairs

Russian billionaire Dmitry Rybolovlev is suing famed New York auction house, Sotheby’s, for over $300 million in an art battle that won’t quit. (AP Photo/Lionel Cironneau) The high-rise luxury towers and brownstones dotting the Manhattan skyline are full of the dramatic stories of how to come into a million bucks, keep it, or in some cases, steal it. Their bling masks a world of men and women beating each other up over lost opportunities, lost loves, and lost billions. Russian native and billionaire Dmitry Rybolovlev ( Forbes ranks him as the 224th richest person in the world ) owns one of those penthouses. It’s the one on 15 Central Park West, bought for a cool $88 million in 2011 from Citigroup ex-CEO Sandy Weill. Like many of Russia’s super wealthy globe trotters, his money comes from the commodities space. He is a partial owner of a football club, A.S. Monaco. He has a mega yacht named after his daughter Anna. Like many of the world’s rich, he is a patron of the arts. He is a renown collector of the kind of paintings art historians write about. And he claims to have lost upwards of $1 billion in art […]

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