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Billionaires and Da Vinci Collide in the Shadows of the Art Market

It’s not every day that a Leonardo da Vinci painting becomes the centerpiece of a courtroom drama, but that’s exactly what happened when Russian billionaire Dmitry Rybolovlev accused Sotheby’s of art market trickery. At the heart of the dispute: claims that the auction house and a Swiss dealer conspired to inflate prices on masterpieces, including the record-shattering Salvator Mundi. Despite the intrigue, a New York jury cleared Sotheby’s, finding no evidence that the auction house knowingly played a part in any deception. Most of Rybolovlev’s claims were dismissed before trial, leaving just four artworks—including pieces by Klimt and Magritte—under scrutiny. In the end, the jury sided with Sotheby’s, highlighting just how murky and secretive high-stakes art deals can be. The case pulled back the velvet curtain on an industry where transparency is rare and fortunes change hands in whispers. Even when the stakes are sky-high, the art world keeps its secrets close—sometimes even from its wealthiest players. #ArtMarket #CulturalHeritage #AuctionWorld #Culture

23 days ago
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