4 ms·
Rybolovlev was the seller, the question is who is paying him and who did he buy it from for $127 million in the first place? At this high a price it seems more
by hidenotslide 9y ago
Rybolovlev was the seller, the question is who is paying him and who did he buy it from for $127 million in the first place? At this high a price it seems more like money laundering than painting the tape, but who knows.
- stevenj 9y agoIt says in the article that Dmitry Rybolovlev (his family's trust to be exact) bought it from Yves Bouvier for $127.5 million in 2013, which occurred soon after Bouvier had purchased it earlier in 2013 for $80 million in a private sale via Sotheby's. Rybolovlev and Bouvier have been in a legal battle over their business dealings (including the da Vinci sale): https://en.wikipedia.org/wiki/The_Bouvier_Affair https://en.wikipedia.org/wiki/The_Bouvier_Affair If you want to read a long-form story on Bouvier (which does touch on this situation), I'd recommend this: https://www.newyorker.com/magazine/2016/02/08/the-bouvier-affair https://www.newyorker.com/magazine/2016/02/08/the-bouvier-af...