
Georgina Adam is reporting on the latest flurry lawsuits involving Dmitry Rybolovlev and his erstwhile art advisors Tania Rappo and Yves Bouvier. And the end of her item, she reveals this interesting detail about Rybolovlev’s acquisitions. The unravelling of Rybolovlev’s relations with Bouvier was over the price paid for Modigliani’s Nude with Blue Cushion. But it appears that Rybolovlev had purchased three more of the celebrated series:
Bouvier’s side was quick to point out that, in the light of last week’s Modigliani record sale of $170.4m, “Thanks to Yves Bouvier, Dmitry Rybolovlev possesses a set of four nudes [acquired for about $200m] . . . today the most conservative estimate for the nudes would be $500m.”
The Art Market: Feathers fly in Monaco (FT.com)