Will Leonardo's 'Salvator Mundi' be sold?
February 24 2017
Picture: Robert Simon Fine Art
Bloomberg reports that the Russian collector Dmitry Rybolovlev has begun to sell some significant works from his collection, some of them at hefty losses. Thre works sold so far, including a Gauguin, have been sold for a reported loss of in excess of $100m. It has been speculated that some of the sales might be connected to his lawsuit against his former dealer or adviser, Yves Bouvier, who he is suing for over-charging commission. Rybolovlev was not an active Old Master buyer, but one of his star purchases was the newly discovered Leonardo, Salvator Mundi. More here.