Guy Wildenstein#Criticism
{{Short description|French businessman}}
{{Infobox person
| name = Guy Wildenstein
| image =
| caption =
| birth_date = {{birth date and age|1945|12|19}}
| birth_place = New York City, US
| death_date =
| death_place =
| education =
| occupation = Businessman, art dealer, racehorse owner/breeder
| known_for =
| party =
| spouse = Kristina Hansson
| children = 4
| father = Daniel Wildenstein
| relations = Alec Wildenstein (brother)
Georges Wildenstein (grandfather)
| boards =
}}
Guy Wildenstein (born December 19, 1945) is a French-American businessman, art dealer, and racehorse owner and breeder.
Early life
Born in New York City, Guy Wildenstein is the son of Martine Julie Kapferer and Daniel Wildenstein, an art dealer, racehorse owner and breeder in France. His family fled France following the German occupation during World War II to the United States, where Guy was born. He is a member of the Assembly of French Citizens Abroad.[http://www.france-amerique.com/articles/2011/02/05/legislatives_2012_guy_wildenstein_renonce_christine_lagarde_tate_le_terrain.html France-Amerique 5 Feb 2011] {{Webarchive|url=https://web.archive.org/web/20110911235031/http://www.france-amerique.com/articles/2011/02/05/legislatives_2012_guy_wildenstein_renonce_christine_lagarde_tate_le_terrain.html |date=11 September 2011 }}. Accessed 26 June 2011.
Career
After his father's death in 2001, Guy Wildenstein assumed managing control of his art business, leaving his brother Alec to concentrate mainly on the horse racing and breeding operations. Alec died in 2008, leaving Guy in charge of both businesses. The size of his share of the family fortune and trusts, estimated from $5 billion to $10 billion, was disputed by his stepmother, Silvia Wildenstein, in 2009.{{cite news
|last1 = Sage
|first1 = Adam
|date = 20 June 2009
|newspaper = The Times
|url = http://entertainment.timesonline.co.uk/tol/arts_and_entertainment/visual_arts/article6538806.ece
|title = Feud over family fortune and $10bn art collection
|access-date = 26 January 2010
|archive-date = 9 February 2022
|archive-url = https://web.archive.org/web/20220209083805/https://www.the-tls.co.uk/
|url-status = dead
|last1 = Samuel
|first1 = Henry
|newspaper = Daily Telegraph
|title = Wildenstein widow launches lawsuit against Sarkozy administration
|date = 23 September 2010
|url = https://www.telegraph.co.uk/news/worldnews/europe/france/8018973/Wildenstein-widow-launches-lawsuit-against-Sarkozy-administration.html
|access-date = 2 April 2018
|archive-date = 8 March 2018
|archive-url = https://web.archive.org/web/20180308112351/https://www.telegraph.co.uk/news/worldnews/europe/france/8018973/Wildenstein-widow-launches-lawsuit-against-Sarkozy-administration.html
|url-status = live
}}
Among Wildenstein's art businesses is the Wildenstein & Company art gallery in New York City, formerly at 19 East 64th Street.[http://www.wildenstein.com/about/index.html Wildenstein & Company] {{Webarchive|url=https://web.archive.org/web/20110718051546/http://www.wildenstein.com/about/index.html |date=2011-07-18 }}. Wildenstein.com. Retrieved on 2011-06-20.
Criticism
The BBC programme Fake or Fortune? criticized Guy Wildenstein in June 2011, after the Wildenstein Institute controversially refused to allow the painting Bords de la Seine à Argenteuil into the Monet catalogue raisonné, despite the programme submitting conclusive documentary evidence to prove its authenticity. The programme's presenter, Philip Mould, called for the Wildenstein Institute to be replaced by a committee of scholars for the purpose of adjudicating whether a painting is an original Monet or not.{{cite web |url=http://www.theartsdesk.com/index.php?option=com_k2&view=item&id=3936:fake-or-fortune?-episodes-1-2-bbc1&Itemid=27 |title=Reviews |website=The Arts Desk |date=2012-03-23 |accessdate=2012-03-27 |archive-date=2018-07-13 |archive-url=https://web.archive.org/web/20180713074928/https://theartsdesk.com/?option=com_k2&view=item&id=3936%3Afake-or-fortune%3F-episodes-1-2-bbc1&Itemid=27 |url-status=live }}
In July 2011, Guy Wildenstein was charged by the French authorities with concealing art that had been reported as missing or stolen. The police seized 30 artworks from the vault of the Wildenstein Institute, at least 20 of which, including sculptures by the Italian artist Rembrandt Bugatti, two sketches by Edgar Degas and a pastel by Eugène Delacroix, were claimed to have been originally part of the collection of Joseph Reinach. Daniel Wildenstein had acted as executor of the estate of Reinach's daughter in 1972 and had been charged with responsibility for distributing the collection, which was held at the Wildenstein Institute, among the heirs.{{cite news|url=https://www.nytimes.com/2011/07/21/arts/design/french-art-dealer-spends-time-in-detention-in-case-of-missing-artworks.html?pagewanted=all|title=Ignorance Is Defense in a Case of Lost Art|date=July 20, 2011|newspaper=New York Times|access-date=February 27, 2017|archive-date=August 29, 2017|archive-url=https://web.archive.org/web/20170829205138/http://www.nytimes.com/2011/07/21/arts/design/french-art-dealer-spends-time-in-detention-in-case-of-missing-artworks.html?pagewanted=all|url-status=live}} Wildenstein was heard by a magistrate in October 2016 and denied all charges.{{cite web |url=https://www.lexpress.fr/actualite/societe/justice/affaire-wildenstein-micmacs-et-toiles-de-maitres_1867901.html |title=Affaire Wildenstein: micmacs et toiles de maîtres |work=L'Express |lang=fr |date=2017-01-13 |access-date=2022-02-09 |archive-date=2018-07-11 |archive-url=https://web.archive.org/web/20180711025638/https://www.lexpress.fr/actualite/societe/justice/affaire-wildenstein-micmacs-et-toiles-de-maitres_1867901.html |url-status=live }} At trial in 2017, Wildenstein was cleared of hiding paintings, the trial judge said that there was a “clear attempt” by Wildenstein and others to hide assets but it was impossible to return a guilty verdict due to shortcomings in the investigation.{{cite web|url = https://www.theguardian.com/world/2017/jan/12/guy-wildenstein-art-dynasty-cleared-tax-fraud-france|title = Art dynasty heir Guy Wildenstein cleared of €550m French tax fraud|website = TheGuardian.com|date = 12 January 2017|access-date = 7 August 2019|archive-date = 7 August 2019|archive-url = https://web.archive.org/web/20190807072523/https://www.theguardian.com/world/2017/jan/12/guy-wildenstein-art-dynasty-cleared-tax-fraud-france|url-status = live}} The prosecutors successfully appealed to the Cour de Cassation, and the case will be rejudged.{{Cite news|url=https://www.lemonde.fr/culture/article/2021/01/06/fraude-fiscale-la-cour-de-cassation-ordonne-un-nouveau-proces-pour-les-wildenstein_6065393_3246.html|title=Fraude fiscale : La Cour de cassation ordonne un nouveau procès pour les Wildenstein|newspaper=Le Monde.fr|date=6 January 2021|access-date=6 January 2021|archive-date=6 January 2021|archive-url=https://web.archive.org/web/20210106154105/https://www.lemonde.fr/culture/article/2021/01/06/fraude-fiscale-la-cour-de-cassation-ordonne-un-nouveau-proces-pour-les-wildenstein_6065393_3246.html|url-status=live}}
In January of 2021 it was announced that Guy Wildenstein and family members will stand again trial for tax fraud charges. They have already been cleared twice previously. This will be France's third attempt to try the case. They are accused of concealing nearly £500 million from French authorities.{{Cite news|last=Kinsella|first=Eileen|date=January 26, 2021|title=Members of the Art-Dealing Wildenstein Family Will Go on Trial for Tax Fraud—Again—After France's High Court Throws Out Prior Rulings|work=Artnet.com|url=https://news.artnet.com/art-world/stunning-reversal-frances-highest-court-commands-re-trial-wildenstein-family-dynasty-1935348|access-date=October 21, 2021|archive-date=October 21, 2021|archive-url=https://web.archive.org/web/20211021172105/https://news.artnet.com/art-world/stunning-reversal-frances-highest-court-commands-re-trial-wildenstein-family-dynasty-1935348|url-status=live}}{{cite news | url=https://www.nytimes.com/2023/08/23/magazine/wildensteins-inheritance-case-art.html | title=The Inheritance Case That Could Unravel an Art Dynasty | work=The New York Times | date=23 August 2023 | last1=Corbett | first1=Rachel }}
Personal life
Guy Wildenstein is married to Kristina Hasson, a Swedish former model. They have four children, son David and daughters Vanessa, Olivia, and Samantha.{{cite web | url=https://www.tatler.com/article/david-wildenstein-and-his-wife-lucrezia-buccellati-break-their-silence-january-2024-issue | title=As billionaire art dynasty patriarch Guy Wildenstein is found guilty of tax fraud, read Tatler's exclusive interview with his son David, who broke his family's code of silence in Palm Beach last year | date=December 2023 }} David manages the family's real estate assets and Vanessa manages the family's London gallery.{{Cite web |last=Corbett |first=Rachel |date=2022-12-19 |title=When Dominating the Art Market Is the Family Business |url=https://www.vulture.com/article/nyc-art-world-gallery-families.html |access-date=2023-03-16 |website=Vulture |language=en-us}}
In 2008, he invested $49.2 million to flip five Plaza Hotel apartments and bought 7 Sutton Place for $32.5 million.{{Cite web |title=Guy Wildenstein Trades Up - Slideshow - Daily Intel |url=https://nymag.com/intelligencer/2008/10/guy_wildenstein_trades_up.html |access-date=2023-03-16 |website=Intelligencer |date=3 October 2008 |language=en-us}}
References
{{Reflist}}
External links
- [https://charlierose.com/guests/4065 Interview with Charlie Rose]
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{{DEFAULTSORT:Wildenstein, Guy}}
Category:French racehorse owners and breeders
Category:American racehorse owners and breeders
Category:20th-century American Jews
Category:Businesspeople from New York City