Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
From Trump Funders to Pals of Putin, Here Are 10 Politically Intriguing Eastern European Art Collect
What do oligarchs do with their money? Check out this article from Artnet News:
https://news.artnet.com/art-world/russian-oligarchs-1316525?utm_content=from_&utm_source=Sailthru&utm_medium=email&utm_campaign=Sunday%20newsletter%20for%208%2F5%2F18&utm_term=artnet%20News%20Daily%20Newsletter%20USE
artnet News has assembled dossiers on the art-world connections of men named in the "Kremlin Report," plus two others of note.
Artnet News, August 1, 2018
This week marks the beginning of Paul Manafort’s trial on charges of various financial improprieties, with FBI agents working for special counsel Robert Mueller opening their prosecution of the former Trump campaign manager in a Virginia courthouse. As a result, Manafort’s longstanding relationships with Eastern European tycoons like the Russian aluminum baron Oleg Deripaska—who gave the career lobbyist a mysterious $10 million loan, and to whom Manafort allegedly offered to provide “private briefings” on the presidential race in 2016—are once again in the news.
Russian oligarchs are colorful people, and those who have minted their fortunes in natural resources (aluminum, gas, etc.) and other industries connected to the Russian state often have substantial ties to the art world. It’s no surprise that such magnates are involved in patronage, and several in fact participate in the higher echelons of the art market, buying celebrated artworks and even building their own museums. If you’re lucky, you just might spot one at the auctions, art fairs, and events like the Venice Biennale that attract the international art community.
So who are these tycoons, how did they make their money, and what role are they playing in the art world?
Russian oligarchs are colorful people, and those who have minted their fortunes in natural resources (aluminum, gas, etc.) and other industries connected to the Russian state often have substantial ties to the art world. It’s no surprise that such magnates are involved in patronage, and several in fact participate in the higher echelons of the art market, buying celebrated artworks and even building their own museums. If you’re lucky, you just might spot one at the auctions, art fairs, and events like the Venice Biennale that attract the international art community.
So who are these tycoons, how did they make their money, and what role are they playing in the art world?
