The Bouvier Affair: Whereas lacking in motion the $450 million Salvator Mundi continues to stir scandal - CayPress

Tuesday, June 1, 2021

The Bouvier Affair: Whereas lacking in motion the $450 million Salvator Mundi continues to stir scandal


Written by Nina dos Santos, CNN

Contributors Lauren Kent, CNN

It is the biggest legal fight the art world has ever witnessed: a Russian oligarch, who claims he was ripped off buying multi-million-dollar masterpieces, versus a Swiss art dealer who says it was just business.

Now, after six years of lawsuits in multiple jurisdictions, the tables appear to be turning once more in a saga so dramatic it’s been given a name worthy of a movie script: “The Bouvier Affair.”

Russian fertilizer tycoon Dmitry Rybolovlev has pursued Swiss art dealer and freeport storage magnate Yves Bouvier around the world for years in various courts, claiming to have been swindled out of $1 billion on 38 exorbitantly priced artworks sold to him by Bouvier over the course of a decade.

But in a new twist, Bouvier has told CNN he is preparing his own billion-dollar damage counter suit against Rybolovlev, after taking legal action in Singapore in February, alleging a long-running court battle with Rybolovlev has…



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