A Billionaire Fire Sale & Sotheby’s Debt Squeeze

The Powers That Be: Daily

Art world insider Marion Maneker joins Peter to discuss why Ron Perelman, once the richest man in the U.S., is offloading $1 billion worth of art. Then they dig into the art market downturn squeezing Sotheby’s, and whether the Emiratis could snatch the legendary auction house out of billionaire Patrick Drahi’s hands.
2024-10-04 24 min

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