Dmitry Rybolovlev to claim British auction house inflated estimated value of artworks he was interested in buying
A Russian oligarch will this week accuse Sotheby’s of helping an art dealer to trick him into overpaying for art masterpieces including Leonardo da Vinci’s Salvator Mundi, which went on to become the most expensive artwork ever sold.
Dmitry Rybolovlev, ranked as the world’s 180th richest person with an estimated £9bn ($11.4bn) fortune, is suing Sotheby’s in New York claiming the 280-year-old British auction house inflated the estimated value of artworks he had expressed interest in buying, including pieces by Gustav Klimt, Amedeo Modigliani and René Magritte.