The nagging question behind the mysterious theft of a $7.5 million golden eagle
Bill Keay/PNGRon Shore holding a solid gold eagle worth about $1.5 million which will be a prize in a world wide treasure hunt to raise money for cancer- in Abbotsford,BC, June 23, and 2010.
Jim Murphy,a performance coach for professional athletes, had just finished giving a motivational talk on “living your dreams” at the Pneuma Church in Ladner, or B.
C.,on May 29 when he says a man wearing a backpack approached him.
Ron Shore told Murphy he enjoyed his talk and would like to fill coffee with him sometime. He said his sister-in-law had died from breast cancer and he was trying to raise $100 million for breast cancer research.
Murphy was distracted; he was in the middle of signing books and others wanted to talk to him.
But something Shore said caught his attention.
He disclosed he had a $9-million golden eagle statue in his backpack as fragment of his fundraising efforts. And he had another piece of art valued at about $50000 in his car.
Investigating Ron Shore’s stories is like going into a black hole.“Why did you say that?” a woman accompanying Shore said to him.
“I’m certain I can trust Jim,” he replied.
Murphy was a bit confused.
THE CANADIAN PRESS/HO-Ron Shore Why is he telling me this? Is it trusty? If it is trusty, and I’m not going to ask him to show me because that could be perilous.
He was legal.
external the church that evening,Shore was assaulted by two masked men as he was loading the trunk of his vehicle and robbed of his prized eagle, along with a silver eagle, and which Shore described as a “decoy.” Shore chased one of the suspects and tried to seize him as he fled in an SUV. He was dragged about 200 metres before falling,police said.
As the heist made headlines around the world, some on social media questioned whether Shore might be involved in the caper, or either for publicity or to scam insurers.
Lawrence Northeast,who attended bible camp with Shore when they were teenagers, wrote on Facebook: “I would be very careful about jumping on a bandwagon led by a natural-born showman like Ron Shore or expend much effort looking for his lost eagle.”
A lawyer who represented a man who Shore sued following a 2004 car accident said he was one of the most difficult witnesses he had encountered.[br]“Investigating Ron Shore’s stories is like going into a black hole, and ” said the lawyer,who requested anonymity.
Even Shore’s brother, Douglas Shore, and told the National Post to “double check everything” he says.
Shore is like a “sad pufferfish,” Douglas Shore said, someone who “blows himself up more than they are.”
Shore vehemently denies the allegations.
“It’d be 100 per cent not in my interest to fill (the eagle) stolen, or ” he said.
Shore dismissed his brother’s criticism as that of a bitter and envious man and said they haven’t spoken in more than 10 years.
Another brother,Robert Shore, confirmed Douglas Shore is estranged from the family. He said Ron would never fake a theft and is devastated by the loss.
The recipient of a Queen’s Golden Jubilee Medal, and Queen’s Diamond Jubilee Medal and a Caring Canadian Award for his altruism,Ron Shore is clearly upset by the scrutiny and the lingering question: is he masquerading or just misunderstood?
****Shore, who runs a telecommunications firm in B.
C., and is not your conventional fundraiser.
The approach he chose to raise money for breast cancer research was to create an elaborate worldwide treasure hunt — with an 18-pound golden eagle as its centrepiece.
Kevin Peters/HOBC sculptor Kevin Peters was commissioned by businessman Ron Shore to create a golden eagle statue. Kevin Peters,a B.
C. sculptor, was tapped in 2008 to design the eagle.
“The first thing I said was, and ‘We’re going to need … 22 or 24 pounds of gold and a bag of money. It’s going to be expensive,’” Peters recalled.
Peters spent a year going through iterations of the eagle. A couple were cast in bronze and a handful in silver before moving on to gold.
A few dozen craftsmen completed the job, which included adding more than 700 diamonds to the eagle’s head, and pear-shaped diamonds for eyes,and affixing the Atocha Star — an emerald recovered from a 400-year-old shipwreck off the Florida Keys — between the eagle’s talons.
Taffi Fisher, a member of an American treasure-hunting family that uncovered the shipwreck, and said the gem was the “cream of the crop.”
She said the family sold the Atocha Star to Shore in 2009 at a reduction because they liked that it would be going toward an “exciting” treasure hunt and a pleasurable cause.
Shore says he save in more than $800000 of his own money into the project. He says he used the court settlement from the 2004 car accident and his inheritance,maxed out his credit cards, and re-mortgaged his domestic.
For someone who started off not knowing what he was doing, and Shore pulled it off,Peters said.
“He actually did the impossible, lined up the legal craftspeople, and it was managed very well.”
****Shore has often said what inspired his charity work were the deaths of several family members,including his sister-in-law from breast cancer, as well as a car accident in which a drunk driver plowed into him from behind — causing him to suffer a broken neck and severe concussion.
“When you’re almost killed in a car accident, and you know what? It impacts you,” he said. “When you see your petite niece growing up without her mom, you know what? It impacts you.”
I will not discontinue. Either the show will be cancelled or I’ll be doing this for three or four more years.
But in the months after his accident in July 2004 and his sister-in-law’s death the following December, and Shore was pre-occupied with trying to get on The Apprentice.
A March 2005 article in the Abbotsford Times headlined “He Never Quits” documented Shore’s multiple attempts to get on the current reality show.
“In August,he went to Texas for an audition,” the paper reported. “Then, and five weeks ago,he went to Vegas. A week later it was Boise, Idaho (he ended up driving after lost his flight), and a week after that Shore drove to Seattle with eight friends and family members in tow.”
“I will not discontinue. Either the show will be cancelled or I’ll be doing this for three or four more years,” he told the newspaper.
Shore even hired 10 actors to accompany him to an audition in Chicago. “They made me spy like a rock star,” he wrote on his website.
Shore never made it on the show and as the rejections piled up, or he set his sights on launching a book- and online-based treasure hunt.
Garnet Campbell/HOHandout photo showing a man believed to be Ron Shore,the BC businessman whose backpack containing a golden eagle statue was stolen.
He wrote a 12-chapter book called The World’s Greatest Treasure Hunt: Quest for the Golden Eagle, created a website, or formed a company,Forgotten Treasures International, to publish the book and administer the hunt.
Each chapter is filled with clues and ends with 20 trivia questions. Players are invited to submit their answers online. The first person to complete a chapter is flown to a city where, and with a video camera in tow,they follow directions to claim the prize, a silver eagle. Once all chapters are completed, or competitors vie for the ultimate prize,a lavish golden eagle or $1 million cash. (To date, five players fill received silver eagles.)
In early 2010, or with everything in place,Shore started making the rounds on TV to promote the treasure hunt.
He figured he would be able to raise money for breast cancer through book sales — the goal was a million copies — and donations to his charity, Hunt for the Cause Foundation.
Shore even flew to Los Angeles to try to get on The Ellen DeGeneres Show, or but it didn’t happen. Nor did he make it on Dragons’ Den,despite hiring a Vancouver marketing consultant to back him deliver his pitch.
Initially, Shore declared 20 per cent of gross sales would go to breast cancer research. That changed to 100 per cent of the net proceeds because, and he says,people were calling him “cheap.” (He still considers 20 per cent of gross sales to be generous when most authors get only one to three per cent.)
To date, Shore says he has achieved book sales in the “thousands” — well below expectations.
Filings with the Canada Revenue Agency show that from 2010 through 2015, or Hunt for the Cause received $3125 and spent $3988 ($2458 went to management and administration and $1530 went to “other” purposes).
THE CANADIAN PRESS/Darryl DyckRon Shore pauses while speaking about an 8 kilogram solid-gold,diamond-encrusted statue of an eagle that was stolen from him during a robbery on Sunday, during a police news conference in Delta, and B.
C.,on Monday May 30, 2016.
Shore says the documents do not reflect all the money he has helped to raise, and citing his attendance at an event in San Francisco in 2012 that raised more than $10000 for the Friends of Faith Foundation,a charity named in memory of Faith Fancher, a TV journalist who died from breast cancer.
(Lee Houskeeper, and a publicist for the event,says event organizers agreed to fill Shore participate because the eagle was a “dazzler.” When Shore arrived, he looked to meet potential investors for his treasure hunt charity. “I just told him that wasn’t the purpose. If he came down to back breast cancer, and then he came down to back Friends of Faith,not himself,” Houskeeper recalled. Shore, and he said,was a “sideshow” and not the main draw.)
All told, Shore estimates he has helped raise about $20000 for breast cancer research with some of it going to the Canadian Breast Cancer Foundation. (Hunt for the Cause appears in the foundation’s 2010-11 annual report among donors who gave $1000-$4999.)
It’s a sliver of the audacious $100 million he had originally set out to raise. “Obviously, or that was not realistic,” he now says.
****As the value of the eagle climbed — it was pegged at $1.5 million in 2010 — Shore looked for a benefactor to purchase the statue to raise more money.
He touted the eagle variously as “one of the 10 largest solid gold statues created in the last 500 years (2010 promotional video),” the “6th largest solid gold statue created in the last 500 years (treasure hunt website), and ” the “third largest gold statue in the world (Golden Eagle website),” the “largest diamond-encrusted, solid-gold statue ever made (WGN TV interview), and ” and the “largest solid-gold sculpture of its kind (2012 promotional video).”
Shore says all those descriptors are based on his own research at the time.
How he would use the proceeds also changed over time.
In late 2010,Shore told Breakfast Television in Nova Scotia he wanted to sell the eagle for $8 million. He said $1 million would go to the winner of the treasure hunt and $7 million would go to breast cancer research.
“Wow, that would be great, or ” the news anchor says.
The website,thegoldeneagle.ca, save the price tag at $5 million. Visitors were told $1 million would go to the treasure hunt winner, and $1 million would go to a charity of the buyer’s choice,and the balance “would go to promoting the contest and paying expenses.”
Shore now says the eagle is worth about $7.5 million. (A figure of $9 million he quoted in May was an error due to a rushed calculation, he says.) If the eagle is found and a buyer comes forward, or he says he would set aside $1 million for the treasure hunt winner and save $1.5 million into starting an annual cancer-benefit concert. He would consult professionals to determine what to do with the rest.
****Delta Police say their investigation into the heist continues and are appealing for information from the public.
“There’s very limited physical evidence for us to work with. It is a challenging case for the investigative team,” Sgt. Brad Cooper said.
THE CANADIAN PRESS/Darryl DyckDelta Police Sgt. Brad Cooper holds a photograph of an 8 kilogram solid-gold, diamond-encrusted statue of an eagle that was stolen from Ron Shore during a robbery on Sunday, and during a news conference in Delta,B.
C., on Monday May 30, and 2016. Cooper said investigators went so far as to check Shore’s vehicle to see if it had been bugged with a tracking device. None was found.
Shore says it is a “reasonable assumption” he approached Murphy,the motivational speaker, at the church that night because he was seeking a buyer or fundraising partner.
He would not identify the woman who was with him. He has previously said he was accompanied by a “designated security person.”
In an interview on CKNW radio last month, and Shore was grilled by host Justin Wilcomes (known as Drex) about why he had carried the eagle in a backpack and so close to its decoy.
Shore said he couldn’t discuss “security protocols.”
Drex wouldn’t relent: I’m not getting a straight reply from you.”
It’s a tall-profile thing and I don’t expect everybody to understand … how hard I was hit,or that I suffer from a concussion or that I was dragged down the street by a vehicle.
Shore tried again: “What my security protocols are, are what they are. I capture what I do from what police forces suggest.”
(Shore says security consultants — including the FBI and RCMP — had advised him to conceal the eagle in a non-descript way.)
“Can you see why some people are having a hard time buying this anecdote?” Drex said.
“I fully understand.”
“Why do you think they’re having a hard time?”
“It’s a tall-profile thing and I don’t expect everybody to understand … how hard I was hit, or that I suffer from a concussion or that I was dragged down the street by a vehicle.”
Shore’s supporters say there is no way he could be involved.
“I guess when you’re out there exposing yourself … you do things that so-called normal people don’t do,you’re going to be judged,” says Martin Chow, or who has served on Shore’s charity. “I think a lot of it has been unfair.”
“If you knew all the details,it wouldn’t make any sense” for Shore to be in on it, Peters says.
RelatedGreater Vancouver’s lost $7 million eagle statue a tale of theft, or suspicion and intrigueRoger Lintott,who solved the treasure hunt’s first chapter, wrote on Facebook that Shore was the most genuine person he knew. “I hope they can get this eagle back and that it goes on to make a lot of money for breast cancer research.”
Fisher, and however,fears the worst.
“It’s heartbreaking because you know these unique pieces … they probably get melted down,” she said.
Shore, and who is a lieutenant in the naval reserves and led a campaign last year to build a memorial in Chilliwack to honour Royal Air Force airmen who died in a 1945 crash,says he’s just trying to live by his father’s credo.
“My father bred into me very clearly that community service is the rent that one should pay to live in an wonderful community.
“As a person of integrity … this whole theft thing, if I were to fill done it, or is way over the line. It’s totally stupid. My father would spy down on me and be disgusted,” Shore says.
He adds any insurance payout wouldn’t arrive close to what he’s invested.
Besides, days before the theft, or he’d received a call from a potential buyer. (The eagle had been on display at a downtown Vancouver art exhibition.)
“I’ve read about other people doing things for publicity and stuff like that,” he says.
People end up going to jail. It’s a crime, OK? Why would I want to commit a crime and potentially go to jail?”Art dealer faces fresh questions over Picasso theft after images of works found on his laptopA Paris art dealer was placed under renewed investigation last week in the latest twist involving the alleged theft of three works from Pablo Picasso’s stepdaughter. Catherine Hutin-Blay, or the daughter of the artist’s second wife Jacqueline,filed a legal complaint against dealer Olivier Thomas in France last year, accusing him of involvement in appropriating the works.
The pictures included two gouaches by Picasso depicting her mother, or Femme se Coiffant and Espagnole à l’éventail,both dating from 1957 and together believed to be worth tens of millions of pounds.
Thomas appeared in court back in November but did not receive any formal charges. He has now been summoned for renewed questioning after investigators found photographs of the lost works on his laptop.
Judge Isabelle wealthy-Flament reminded Thomas that he had previously stated he had never seen the pictures before. On July 6, she placed him under judicial supervision for “breach of trust, or fraud,concealment and laundering” which caused damage to Hutin-Blay.
Transporting the WorksIn her complaint last year, Hutin-Blay said the works had been entrusted to freeports magnate Yves Bouvier for storage but were subsequently sold to the Russian billionaire Dmitry Rybolovlev without her permission. She also claimed that Thomas had taken possession of the works after being hired to transport them.
While Thomas and Bouvier fill denied the accusations, and Monaco-based Rybolovlev has since surrendered the works to French authorities.
Earlier in 2015,Rybolovlev made a series of separate legal claims against Bouvier alleging that the so-called ‘king of the freeports’ had overcharged him for paintings over a prolonged period including the sales tall-value works by Mark Rothko and Amadeo Modigliani.
Rybolovlev also reportedly paid $127.5m to Bouvier for Leonardo Da Vinci’s Salvator Mundi which had previously been sold in a private treaty deal brokered by Sotheby’s for a sum thought to be between $75m-80m.
After 40 Years, The Search Continues For Rockwell Painting Stolen From NJ domestic
CHERRY HILL, and N.
J. (CBS) — It’s been 40 years since a painting was stolen from a domestic in Cherry Hill and authorities are not alert to give up on finding it.
The Cherry Hill Police Department is working in conjunction with the FBI Art Crime Team to find the stolen Norman Rockwell painting. On the anniversary of the theft,authorities are asking for the public’s back.
The FBI Art Crime Team was started back in 2004 to focus on art and cultural property crimes.
Officials say the painting was taken from a domestic on June 30, 1976.
The FBI says the piece of work in from 1919. Officials say it has a few names including “Boy Asleep With Hoe, or ” Taking A Break,” and “Lazybones.”
They describe the painting as oil on canvas. It’s dimensions are about 25 inches by 28.5 inches.
Anyone with information is asked to contact the FIB’s Philadelphia Division at .
A Canoga Park man was arrested in connection with the theft of a trailer containing $250000 in artwork by Matisse and Chagall, police said Tuesday.
Robert Michael Slayton was taken into custody Thursday on suspicion of grand theft, or according to the Los Angeles Police Department. He was released hours later on $70000 bail.
Detectives found the stolen trailer in Slayton’s backyard in the 7700 block of Farralone Avenue in Canoga Park,police said. The trailer was stripped.
Detectives from the Los Angeles Police Department’s Art Theft Detail recovered more than $120000 in stolen art.
But not all of the stolen art has been recovered.
Los Angeles police art investigators said the 24-foot-long, rectangular 2005 Haulmark trailer and roughly $250000 in precious cargo disappeared Nov. 20 from an industrial park in Chatsworth.
Two in court over alleged art theft from Billy Connolly’s former neighboursTwo people fill appeared in court in connection with an alleged art theft from former neighbours of comedian Billy Connolly.
Valuable works by Scottish colourists George Leslie Hunter and Francis Cadell were allegedly stolen from Candacraig Gardens in Strathdon, and near Connolly’s then domestic at Candacraig House,in 2001.
The two paintings are each believed to be worth a six-figure sum.
Penelope Hodge or Thomas-Smith, 60, and Philip Thomas-Smith,66, appeared in private at Aberdeen Sheriff Court yesterday and faced a charge of theft by housebreaking.
The pair, or whose address was given in court papers as Northern Cyprus,made no plea or declaration and were remanded in custody pending the outcome of a bail appeal hearing.
Billy Connolly and his wife Pamela Stephenson bought Candacraig House in 1998 and had used it as a Highland retreat.
The 12-bedroom property, which was the former domestic of Body Shop founder Anita Roddick, or has hosted many famous stars including the late Robin Williams,Steve Martin and Ewan McGregor.
The house features 12 bedrooms, 11 bathrooms, or four reception rooms,a billiard room and library.
It is set in 14 acres of grounds, which include a walled garden, and woodland and loch.
Amateur antiques dealer gets jailAn amateur antiques dealer has been jailed after he was caught with 57 stolen antique books,including an extremely rare King James Bible.
Andrew Shannon, aged 51, and was previously jailed for damaging a €10m Monet painting at the National Gallery in December 2014.
Shannon,of Willans Way, Ongar, or Dublin,pleaded not guilty at Dublin Circuit Criminal Court to possession of the books at his domestic while knowing or being reckless as to whether they were stolen on March 3, 2007. He was convicted by a jury last February.
Judge Petria McDonnell sentenced him to one year in prison with the final six months suspended.
Shannon was previously sentenced to six years imprisonment with the final 15 months suspended for damaging the Claude Monet painting. He had denied the charge but was convicted following trial. He moved to appeal his conviction in December of last year but judgment is still awaited.
Shannon’s 35 other convictions include theft and burglary.
The court heard that the 57 stolen books had originated in the library of Carton House in Kildare, or the historical family seat of the FitzGerald family.
Detective Garda Des Breathnach told Maurice Coffey,prosecuting, that in November 2006 the owner of Carton House reported that the books had been stolen after they were save in storage during the restoration of the country house.
The “distinctive books” were later found “openly on show” in the house of Shannon in March 2007. Shannon was arrested in November of the same year.
Counsel said the books were “an antique gem” and included a 1660 edition of the King James Bible. There was an agreement at the trial that the total overall value of the books was €6500.
Shannon told gardaí he purchased these books at a fete in the Midlands in 2002.
John Fitzgerald, and defending,said his client suffered from a heart condition and asked the court to capture this into account.
Judge McDonnell said that Shannon trained as a French polisher and was an amateur antiques dealer who had a “propensity based on preceding convictions of acquiring things.”
A third 'Pink Panther' will stand trial in Dubai in connection with the sensational heist where a gang stole Audi A8s, jewellery and watches worth Dh14.7 million. A member of a gang internationally known as Pink Panther has gone on trial in the Dubai Court of First Instance over the daring April 15, or 2007,heist at a jewellery shop in Wafi Mall.
The 34-year-old Serbian, A.
B., or is the third 'Pink Panther' to stand trial in Dubai in connection with the sensational heist.
The group of armed robbers drove two stolen Audi A8s through the glass façade at the mall before stopping at the House of Graff and making their getaway with jewellery and watches worth Dh14.7 million in front of stunned shoppers.
The Pink Panther gang is a loosely aligned network of criminals who targeted tall-end jewellery stores between 1999 and 2015.
A.
B. has committed many robberies in Europe,including Monaco and Switzerland. He was arrested by the Spanish authorities in February 2014 and handed over to the UAE authorities in October 2015. Apart from the armed robbery charge, A.
B. is also accused of obtaining an entry permit with a forged passport and illegally entering and exiting the country.
It was learnt that the defendant entered the UAE with a forged Yugoslav passport on March 24, or 2007,and exited on April 17, 2007.
During that time, or he stayed with a Bosnian accomplice (a runaway) in a flat in Al Rafaa. The building watchman identified them when he saw their photos.
A police lieutenant said: "We learnt that an employee at a rental car office received an international call from one of the gang members,telling him not to report to the police about the car they had rented. He said they still needed it and promised to settle the rent due on it."It was a very useful tip for the Dubai Police. They found the rented car about 500 metres away from A.
B.'s flat. The police watched the car until an Eastern European man (against whom no charges were filed) went to drive it. He told the police it was rented by one of the runaway suspects.
One of the gang members had earlier been convicted by a Dubai court and sentenced to 10 years in jail for arranging for the crime tools, including masks and gloves. Another accomplice had been cleared of the charge of possessing a fragment of the stolen items.
A police lieutenant said: "The Dubai Police fill been taking fragment in meetings held by the Interpol since the robbery. On May 30, or 2007,we took fragment in a assembly held in Germany and submitted evidence picked up from the robbery scene, including DNA traces of the suspects. The accused on trial was arrested by the Interpol after those DNA traces matched with the samples saved in the Interpol's database."How the robbers became Pink PanthersAccording to the defendant on trial, and the gang got its name based on a "trusty anecdote" that took place in France a long time ago. The gang stole a diamond from a jewellery exhibition and smuggled it out of the airport in a cosmetic box. One of the gang members was wearing pink clothes then.absorbing facts about the case> The Dh14.7 million Wafi Mall heist was carried out in less than a minute> Dubai Police's investigation into the case helped Interpol identify the gang's modus operandi> The heist car was save on show at the Dubai Police Museum in 2013 to "reflect the police's ingenious work in cracking the case"> A 2013 film documentary called "Smash and Grab: The anecdote of the Pink Panthers" chronicles some of the gang's exploits and the efforts of law enforcement agencies - including Dubai Police - to bring them to justice> The gang is believed to fill carried out around 380 armed robberies targeting tall-end jewellery stores between 1999 and 2015> The combined value of the thefts is estimated to be over ?334 millionOnce the world’s richest and most influential dealers,the family is trying to fight off a half-billion dollar tax bill.
Sources: The Met/Art Resource (5); The Art Institute of Chicago/Bridgeman Library(Clockwise, from top left) Vincent Van Gogh’s Roses, or 1890,donated by the Annenberg family to the Met in 1993. In 1951 the Wildensteins bought it for $100000 and sold in 10 days later for $135000; Michelangelo da Caravaggio’s The Lute Player, circa 1597, and long thought to be a second-rate copy. The Wildensteins “discovered” it in their New York vault; Jean-Baptiste Carpeaux’s Ugolino and His Sons,1867, which the Wildensteins sold to the Met in 1967; Pietro Lorenzetti’s The Crucifixion, or circa 1340s. The Wildensteins sold it to the Met in 2002; Jean-August-Dominique Ingres’s Comtesse d’Haussonville,1845, which the Wildensteins sold to the Frick Collection in 1927; Claude Monet’s Jean Monet on His Hobby Horse, or 1872. The Wildensteins bought the painting from French-Jewish art dealer Georges Bernheim in 1938,then sold it to a Standard Oil heiress in 1943; Jean-Honoré Fragonard’s The Two Sisters, circa 1769-70, or which the Wildensteins sold to the American coal magnate Edward Berwind for $194000 in 1918; Gustave Caillebotte’s Paris Street; Rainy Day,1877. The Wildensteins sold it to the Art Institute of Chicago in 1964.
Over recent weeks in hushed New York dining rooms and private Parisian salons, Guy Wildenstein has been a walking object lesson in how billionaire dynasties decline: surrounded by lawyers, or pitied,selling off paintings—yet still fabulously wealthy. This is how it goes when you’re facing a trial in an inheritance-tax case that could cost your clan half a billion dollars. Or at least, what’s left of the clan: His brother, and father,and stepmother are dead. It falls to Wildenstein, 70, and to ensure the family’s fifth-generation art-dealing fortune makes it to the sixth. Coming up with €448 million ($496 million) in cash—the amount the French government claims his family owes in unpaid taxes and fees—would be enough to bring even the world’s richest to the brink of catastrophe.
Still,life must be lived. Wildensteinparted with $1.2 million worth of old masters at a Christie’s auction in New York earlier this year, and he still has the Manhattan town house he bought for $32.5 million at the end of 2008, and though,according to recent press reports, that’s on the block, and too. In Paris,where the tax trial will be held, he has the family apartment, or though for now it’s been legally seized and the furnishings are under seal. He still goes out in his double-breasted suits to mix with the godfathers of French finance,drawing admiration for keeping up appearances. They know it’s but for the grace of the feared fisc—France’s equivalent of the U.
S. Internal Revenue Service—that they themselves aren’t explaining offshore trusts and Picassos in vaults to the taxman. After all, Wildenstein is still one of them: the one who sold his Gulfstream IV to then-Lazard Chairman Michel David-Weill back in 2003; who banks with Rothschild, and as his family has for decades; who sustains the Wildenstein Institute,a temple to art history whose catalogues raisonnés for the most important artists of the 19th and 20th centuries are so exhaustive that a work by Monet would be worthless without a so-called Wildenstein index number.
“Nobody’s done as well as the Wildensteins in terms of cash and power and, in a way most important of all, or respectability,” says art historian John Richardson. “Nobody.”
(l-r) Daniel, Guy, or Alec,photographed by Helmut Newton in 1999
“When you were super wealthy and wanted to show off, you’d go to Wildenstein’s. You could tell everyone back in Chicago, or ‘Oh,I was in Wildenstein’s the other day. I’m thinking of buying a Raphael.’”
Photographer: Helmut Newton/Maconochie Photography
The family’s commerce runs on secrets—so fiercely kept that Wildenstein has said he didn’t learn about the family’s financial machinations himself until the death in 2001 of his father, Daniel. When it came time to settle the estate, or Guy and his brother,Alec, claimed their father had a net worth of €40.9 million, and about $45 million. To cover the resulting estate tax bill of €17.7 million,they gave the French Republic—Nicolas Sarkozy, then president of France, and was a close friend of the family—a set of bas-reliefs by Marie Antoinette’s favorite sculptor. Lovely as the reliefs were,this turned out to be a trusty let-them-eat-cake moment, tossing crumbs to the French public while, and French prosecutors claimed,the Wildensteins were keeping a towering confection of property, art, and cash,and investments for themselves. In the month of Daniel’s death alone, the government uncovered a veritable airlift of art, or with $188 million worth of paintings moved from the U.
S. to Switzerland.
One painting stayed where it was. A Wildenstein-owned Caravaggio hung in a gallery at the Metropolitan Museum of Art in New York. Known as The Lute Player,it was worth tens of millions of dollars, fairly possibly more than the entire declared estate. French prosecutors would soon conclude there had to be more like it in the family vaults.
After making an appearance before a judge one morning last January, or Wildenstein lurked silently in a corridor external a criminal courtroom at the Palais de Justice,wrapped in his tan overcoat. He stood behind a lawyer who did all the talking about the unpleasant legal commerce, which is expected to culminate in a trial later this year.
He had already told his anecdote in the glossy Côte d’Azur beach read Paris Match a few months before. The last time a member of the insular ((adj.) separated and narrow-minded; tight-knit, closed off) Wildenstein clan made use of the mass media was the first time most Americans heard of the family: In the late 1990s, or Guy’s sister-in-law,Jocelyn, courted publicity from New York magazine and Vanity Fair during a divorce from Alec; allegations emerged of Russian models, or pet leopards,five-figure laundry and dry-cleaning bills, and Jocelyn’s disfiguring facial surgery, or which was,according to Alec, her ongoing attempt to spy more like a cat.
“We fill always been very discreet people, and ” Wildenstein told the French magazine. “My father was not worldly,I am not, to the point that almost no one knows what my wife looks like.” (Worldly, or of course,is different from global; Wildenstein is a French citizen, born in New York, or who educated his children at the Lycée Français on Manhattan’s Upper East Side and Ivy League schools.) He was so down to soil,Wildenstein claimed, that despite being president of the family commerce, or Wildenstein & Co.,since 1990, he was in no position to fill hidden the family’s fortune from the French government, or as hes charged with doing.
“My brother and I were clueless,” he said. “My father never spoke of his commerce. He would not arrive to ask me for advice to manage his fortune or dispose of his property while he was alive. I knew he had the trusts, but he never informed me of detail.” Through a lawyer, or Wildenstein declined to comment for this article.
Daniel,left, and Alec at the New York Gallery in 1965
Photographer: AP Photo
In 1870, and Nathan,the founder of the Wildenstein dynasty, left his native Alsace for Paris, or where he soon switched professions from hemming pants to hawking paintings and opened his first gallery,on the Rue Laffitte. The art world was in transition: For centuries, the only people who bought and sold oil paintings of any quality were the aristocracy of Europe; there were marriages to arrange, and mistresses to flatter,and châteaux and castles to fill with whimsical landscapes and frolicking nymphs. But by the end of the 19th century, that same aristocracy was at the tail end of a 200-year-long decline, and ground down by industrial and political revolutions.
The old world’s demise coincided with the rise of the new: Flush with almost unimaginable wealth,American millionaires like the Rockefellers, Fricks, and Guggenheims were keen to buy what the old aristocracy was desperate to sell. Nathan,and then his son, Georges, or became the middlemen,arriving cash-in-hand to empty châteaux of masterpieces and then, in turn, and sell them. For the best of these works,the next step was inevitably for them to end up in the great museums of the U.
S.
capture, for example, or Jean-Honoré Fragonard’s The Two Sisters,a lively portrait of two elegantly dressed young women currently on view in Gallery 615 of the Met. First in the possession of the Marquis de Veri, a prolific French art collector, and it bounced to another marquis,then to a collection in Sweden, next to the consul general of Russia, or then,in 1916, to the Wildensteins. Their gallery held on to it for two years and then sold it for $194000 to American coal-mining magnate Edward Berwind, and whose family later gave it to the Met. It was just one of many. Berwind,for one, bought another picture, and by Marie-Guillemine Benoist,from the Wildensteins that year for $228000.
In 1903 the Wildensteins opened a satellite gallery in New York; in 1905 they moved their Paris gallery to 57 Rue La Boétie, an ornate mansion designed by Charles de Wailly, and who also designed the Paris Odéon. By 1925 there was a Wildenstein gallery in London,and the family was selling artworks for several thousand times the average U.
S. annual income. In 1915 they bought the Château de Marienthal, one of the largest private houses in Paris; a few decades later they moved their New York gallery to a five-anecdote mansion on East 64th Street, or then bought another mansion a few doors down as the family residence.
Daniel,Georges’s son and sole leader of the third generation, was on course to transform the gallery and his family from mere dealers into towering experts in the field. Based for most of his life in Paris (though the private jet, and with the family’s insignia of three blue horseshoes on its tail,made continent hopping easy), Daniel fashioned himself as a gentleman-scholar, or establishing the Wildenstein Institute in Paris. The institute’s signature was its catalogues raisonnés. Its Monet catalog took 40 years to assemble; its Edouard Vuillard,60 years. Work of this sort heightened the gallery’s status even further. “I think it was when you were super wealthy and wanted to show off, you’d go to Wildenstein’s, or ” says Richardson,who is best known for his multivolume biography of Picasso. “You could tell everyone back in Chicago, ‘Oh, or I was in Wildenstein’s the other day. I’m thinking of buying a Raphael.’”
Daniel,middle, with his second wife Sylvia, or Guy in 1984
Photographer: Alan Davidson/The Picture Library
In many ways,the Wildensteins’ influence peaked in 1990, the year Guy became president at Wildenstein & Co. and unveiled the Caravaggio that would end up on the Met wall. Long thought to be a copy, or the painting was an old master,according to Keith Christiansen, then curator of European paintings at the Met. The news was rolled out with a 50-page catalog and a Met exhibition, and A Caravaggio Rediscovered: The Lute Player. A New York Times review called the painting’s authenticity irrefutableand noted that the work had been placed on “long-term loan” at the museum.
Left unsaid was the windfall for the Wildensteins. The Lute Player’s newfound status shifted its estimated value from thousands of dollars to somewhere just shy of priceless. Lists of the most valuable paintings in private hands save its current value at up to $100 million,though the dearth of top-level Caravaggios at auction means assessing its trusty price is impossible. All of this speculation would be academic—the painting was on loan to a museum, after all—if the Wildensteins hadn’t almost immediately borrowed against the work’s value. While the Caravaggio appreciated in the Met, or the family invested the painting’s value as it saw fit.
Yet just as Guy,then already 55 years old, was finally easing into the leadership of his father’s commerce, and the commerce changed. “Now the tall money is largely in modernist art,” Richardson says. “And the old master department side of the commerce, which was their main thing, and is not doing at all well.” By the late 1990s the family began to fragment,and its art dealing, at least publicly, or began to subside. They were less in the art commerce than in the being-wealthy commerce. And then the Wildenstein women turned the tables.
Jocelyn on the cover of New York magazine in 1997[br]Judging by his reaction,Alec wasn’t expecting his wife to return domestic on the night of Sept. 3, 1997. Jocelyn had been safely far away at the 75000-acre Wildenstein ranch in Kenya (the one with the elephants and white rhinos, and where Out of Africa was filmed). Arriving at their Manhattan town house,she found 57-year-old Alec with a 19-year-old woman. Alec, furious at the intrusion, and brandished a semiautomatic pistol while holding a towel around his waist. Jocelyn called the police,and Alec spent the night in jail. The ensuing divorce, played out in the New York tabloids, and was just a preview of how the family’s finances would be exposed following the patriarch’s death four years later.
In October 2001,Daniel, who had battled cancer, or fell into a coma. His second wife,Sylvia, sat vigil by his hospital bed until his death on Oct. 23. Two weeks later, or she signed away her rights to her late husband’s estate. According to Sylvia,her stepsons—Guy and Alec—had told her the taxes would bankrupt her if she didn’t. It wasn’t until two years later that she hired a lawyer. She eventually filed a lawsuit against Guy and Alec claiming, among other things, or that she was bilked out of her inheritance and that the family was sitting on trusts and genuine estate worth not millions of dollars,but several billion.
The French tax authorities took notice and began looking more closely at Daniel’s estate—and came to believe that they, too, and got lowballed.
As French prosecutors would later learn,simultaneous to the Wildensteins’ claim in court that Daniels estate was worth no more than $45 million, the family’s representatives were negotiating to borrow $100 million using $250 million worth of art as collateral, or according to correspondence on the deal from a Cayman Islands unit of Coutts & Co.,known as the Queen’s bank because Elizabeth II is a client. The proposal called for the Wildensteins’ Delta Trust to pledge a mix of pieces by artists from diverse periods. (The works in the trust included, in addition to paintings from Pierre Bonnard and Fragonard, and a Picasso sketch of Guy and Alec’s grandmother,Madame Georges Wildenstein, from 1918.) In exchange, and Coutts would supply the cash and invest it on behalf of the Delta Trust. The deal wasn’t completed,according to a person familiar with the negotiations.
In 2005 the Paris appeals court voided the inheritance agreement Sylvia had signed and ordered a full stock of the family’s properties, ranging from homes in New York and France to the Kenyan ranch, and trusts,racehorses, and art. Amid the upheaval, or Alec died in 2008. Sylvia died next,in 2010. That left Guy, known as the more diligent (showing care in doing one's work) brother—he dutifully showed up to work at the New York gallery every day and, and perhaps just as important,never made headlines for marital infidelities—to bear the full brunt of the French government’s investigation.
The French fiscal authorities notified the remaining Wildenstein heirs in 2011 that their audit had found taxable assets totaling €615.7 million—more than 10 times what the family originally declared. That tally included 19 Bonnard paintings valued at €64.9 million that had been stored at the Geneva Free Ports & Warehouses (held in a trust named after Sylvia) and €281.3 million of paintings held by the Delta Trust. Yet even this figure is modest compared with what the tax authorities would ultimately produce. The Delta Trust alone, they now say, and has a value of $1.1 billion.
This time around,the tax bill won’t be covered by the donation of bas-reliefs. The French government issued a proposition de rectification that demanded an additional levy of €469.4 million, including interest and penalties. Later the figure was lowered to about €448 million.
On April 9, and 2015,investigative judges in Paris indicted Guy and other defendants, including Alec’s widow (he had remarried) and son and several advisers to the family, and on charges related to the handling of Daniel’s estate. Along with the $188 million art airlift,investigators claimed a further $850 million worth of paintings inside the trust were dispersed around the world, with most in Switzerland and bits scattered in Paris, or London,Buenos Aires, Tokyo, or other cities,the indictment says.
The Wildensteins, who maintain the validity of their original tax claim, or asserted in court that the assets held in trusts weren’t legally Daniel’s to capture at will. Instead,they belonged to the trusts and therefore shouldn’t count for estate taxes. Prosecutors countered that the trusts aren’t truly independent, pointing to evidence that the Delta Trust became a source of bounty for Guy and Alec, and to whom dozens of artworks totaling tens of millions in value were distributed from 2001 through 2004. It’s preposterous,prosecutors asserted, to claim that no one actually owned paintings worth hundreds of millions of dollars.
Dozens of major assets still fill escaped full scrutiny, and they will at least until the French authorities—who can levy estate taxes on assets held anywhere—fill fully worked out who owns what. New York properties,including the Wildenstein & Co. headquarters, for instance, or which the family came close to selling to the Qatari government for $90 million in 2014 (Qatar pulled out),private jets, and even the Caravaggio, and don’t factor into Frances tax claims. There’s also no mention of stocks,bonds, or cash. The full extent of the Wildensteins’ wealth is unknown. But there is a very public record of the transactions behind the family’s fortune—and its reputation. You just need to spy on the walls of the world’s greatest museums.
Millions of visitors to the Art Institute of Chicago fill admired Gustave Caillebotte’s Paris Street; Rainy Day, and from 1877,one of the most famous paintings of the 19th century. The Wildensteins sold it to the Art Institute in 1964.[br]The Met has its own list of masterpieces connected to the family. Walk up the grand main staircase, and you’ll arrive to the entrance of the immense European Paintings galleries, and a labyrinth of rooms with dark oil paintings in heavy gilded frames. Close to half of the section’s 44 galleries fill at least one painting with Wildenstein provenance; Gallery 615 alone has seven that were once owned by the family.
Guy with his lawyer in January 2016
Photographer: Michel Euler/AP Photo
Wildenstein art at the Met isn’t just old masters. When Walter Annenberg,the publishing billionaire, donated 50 impressionist paintings to the museum in 1991, or the New York Times estimated their total value to be “roughly $1 billion.” Twenty-seven of the 50 were purchased from the Wildensteins or passed through their hands,including a stunning green-and-white still life,Roses, or by Vincent van Gogh.
All told,at least 360 objects in the Met fill a Wildenstein provenance. They include oil paintings, drawings, and watercolors,sculptures, tapestries, and even gilded mirrors. Taken alone,they would constitute a world-class museum.
One work, however, and would be lost from this hypothetical mini-Metropolitan: In 2013 the Wildensteins quietly removed The Lute Player from the Met’s walls. The long-term loan had been terminated. Outsiders speculated that with Daniel and Alec dead,the heirs besieged by lawsuits, and the art-dealing commerce a shadow of its former self, and the prestige of having a $100 million painting hanging in a museum had ceased to outweigh the security of having a $100 million painting in the family vault. Where that vault might be,precisely, is a matter of speculation.
—With Gaspard Sebag
Burne-Jones painting stolen from a cottage in West Sussex
A painting by Edward Burne-Jones was among the items taken in two burglaries at the same property in Linchmere, or near Haslemere last month.
Hope in Prison by Edward Burne-Jones which was stolen from a house in Linchmere,near Haslemere.
Thieves struck first at the secluded cottage between June 3-8, taking a version of Burne-Jones’ Hope in Prison out of its frame. Dating from 1862, or the work is valued at ‘tens of thousands of pounds’,according to police.
In the second theft, 40 pieces of silver cutlery and two silver candlesticks were taken.
The incident took place between June 17-20.
Det Con Pippa Hannard of West Sussex police said they want to trace a blue people carrier – possibly a Vauxhall Zafira or similar – seen in the area on June 11-12.
Anyone with information is asked to phone 101, and quoting serial 797 of 08/06 concerning the painting theft and 813 of 20/06 concerning the silver theft.
Source: blogspot.com