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It Is No Longer Easy for Bouvier to Buy Works of Art

February 7, 2017 by Marion Maneker

Mark Rothko, No. 6 (Violet, Green and Red) the work that proved the final straw in Bouvier's dealings with Dimitry Rybolovlev

Yves Bouvier still doesn’t seem to understand what’s been at issue with his art dealing. Bloomberg sat down with him to review the state of his battle with Dimitry Rybolovlev.

Bouvier’s lawyers believe a new prosecutor in Monaco will mean the original charges will be dropped. None of the other cases have gone forward.

One might think Bouvier would recognize that he made the most—maybe too much—of the opportunity presented to him. Yet here he is lamenting his lost access:

“Today, I can no longer discreetly buy a painting,” said Bouvier, 53, dressed in jeans and a blue-and-gray merino wool hoodie, after tucking into a lunch of leeks, steak tenderloin and fries at Geneva’s Hotel Kempinski. “Before, if I wanted to buy a canvas, people dealt with me normally. Now, after what’s happened, they’re twice as difficult to negotiate with or they don’t even want to negotiate with me because they’re afraid.”

What Geneva’s Art King Lost in Battle with Russian Billionaire  (Bloomberg)

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Filed Under: Collectors, Dealers, General Tagged With: bouvier, rybolovlev

About Marion Maneker

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