Furman dismissed fraud-based claims over the other 11 works, including art from Pablo Picasso, Auguste Rodin and Henri de Toulouse-Lautrec. Rybolovlev was allowed to sue over “Salvator Mundi” even though his ownership had proven unusually profitable. According to court papers, Bouvier bought the da Vinci for $83 million in 2013 and sold it the next day to Rybolovlev for $127.5 million. Rybolovlev went on to sell “Salvator Mundi” at Christie’s in 2017 for $450.3 million, a record price for an artwork at auction. Christopher SadowskiThe case is Accent Delight International Ltd et al v Sotheby’s et al, US District Court, Southern District of New York, No.

Source: Forbes January 31, 2024 00:33 UTC