Russian’s Da Vinci Windfall Undercut U.S. Probe of Art Dealer

Christian Berthelsen | Bloomberg | 29th May 2018

Russian billionaire Dimitry Rybolovlev wanted masterpieces. Swiss dealer Yves Bouvier obliged, helping him acquire dozens of pieces including Leonardo’s Salvator Mundi. Rybolovlev is now suing Bouvier, having belatedly learned of his huge price markups. The “woe-is-me” case is faltering because of the windfall Rybolovlev himself got from on-selling the Leonardo. Caveat emptor!